Electric vehicle

evTS Announces Agreement with The Shyft Group’s DuraMag to Manufacture Custom Bodies for Its FireFly ESV All-Electric Lightweight Commercial Utility Vehicle

Retrieved on: 
Tuesday, March 23, 2021

The companies will also collaborate their efforts on FireFly fleet sales and business development.

Key Points: 
  • The companies will also collaborate their efforts on FireFly fleet sales and business development.
  • The agreement calls for DuraMag, a leading Northeastern all-aluminum truck body manufacturer, to engineer, build, and assemble food and parcel delivery van bodies, as well as landscape, dump and flatbed utility bodies for the FireFly vehicle at the Companys facility in Waterville, Maine.
  • ev Transportation Services Inc. (evTS) is a specialty vehicle manufacturer that produces purpose built, all-electric lightweight commercial utility vehicles and provides fleet management solutions.
  • These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Eaton Acquires Green Motion SA, Expanding Electric Vehicle Charging Capabilities

Retrieved on: 
Monday, March 22, 2021

Power management company Eaton (NYSE:ETN) today announced it has acquired Green Motion SA, a leading designer and manufacturer of electric vehicle charging hardware and related software.

Key Points: 
  • Power management company Eaton (NYSE:ETN) today announced it has acquired Green Motion SA, a leading designer and manufacturer of electric vehicle charging hardware and related software.
  • Green Motion is based in Switzerland.
  • Energy transition around the world is rapidly gathering momentum, and Eaton is well positioned to contribute to society and benefit from this important trend, said Uday Yadav, president and chief operating officer, Electrical Sector, Eaton.
  • Electric vehicle charging infrastructure is among the areas where we expect to see significant growth over the next decade.

PG&E and BMW Group Taking Next Step in Powering Electric Vehicles with Renewable Energy and Supporting Grid Reliability

Retrieved on: 
Monday, March 22, 2021

Pacific Gas and Electric Company (PG&E) and the BMW Group today announced an expansion of their partnership focused on smart charging electric vehicles (EVs) with excess renewable energy to support grid reliability.

Key Points: 
  • Pacific Gas and Electric Company (PG&E) and the BMW Group today announced an expansion of their partnership focused on smart charging electric vehicles (EVs) with excess renewable energy to support grid reliability.
  • In the future, PG&E and the BMW Group believe that vehicles could play a larger role in supporting the grid as new vehicle technologies are developed.
  • Through smart charging, EVs act as a flexible grid resource to support the overall reliability of the electric grid.
  • By responding to requests to move their EV charging times, drivers will support the electric grid and take advantage of clean, renewable energy.

Black & Veatch Leads Design, Construction of `Electric Island,’ a First-of-its-Kind, High-Capacity Public Charging Station Designed for Medium- and Heavy-Duty Electric Vehicles

Retrieved on: 
Monday, March 22, 2021

Proving the scalability of high-capacity charging infrastructure is critical to demonstrating the path forward for medium and heavy-duty electric vehicles.

Key Points: 
  • Proving the scalability of high-capacity charging infrastructure is critical to demonstrating the path forward for medium and heavy-duty electric vehicles.
  • Black & Veatch has released the electric fleets ebook, which provides guidance on the 8 Steps to Fleet Electrification, and well as an eBook on electric vehicles and the role of utilities.
  • In a January 2021 LinkedIn Live Session, The Electric Fleet Power Play, Black & Veatch transportation and clean energy experts answered audience questions about fleet electrification.
  • Black & Veatch is an employee-owned global engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure.

Worldwide Hydrogen Powered Transport Industry to 2030 - Featuring Honda, Toyota and Hyundai Among Others

Retrieved on: 
Friday, March 19, 2021

This report provides strategists, marketers and senior management with the critical information they need to assess the global hydrogen powered transport market.

Key Points: 
  • This report provides strategists, marketers and senior management with the critical information they need to assess the global hydrogen powered transport market.
  • It compares the hydrogen powered transport market with other segments of the hydrogen powered transport market by size and growth, historic and forecast.
  • Major players in the hydrogen powered transport market are Honda, Toyota, Hyundai, BMW, General Motors, Foton, Mercedes-Benz, Volkswagen, and SAIC.
  • The hydrogen powered transport market consists of the sales of hydrogen powered transport services and related goods by entities (organizations, sole traders and partnerships) that are engaged in the manufacturing of electric vehicles.

Automotive Traction Motor Market worth $17.3 billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 19, 2021

The growth of the automotive market can be attributed to the increasing demand of electric vehicles, manufacturing of high-performance motors, and supporting government policies.

Key Points: 
  • The growth of the automotive market can be attributed to the increasing demand of electric vehicles, manufacturing of high-performance motors, and supporting government policies.
  • The region is the largest market for automotive traction motors and home to some of the fastest-growing economies in the world.
  • The prominent presence of OEMs such as VDL Groep (Netherlands) and AB Volvo (Sweden) offers opportunities for the growth of the Automotive Traction Motor Market in the region.
  • Italy is expected to be the fastest-growing market for automotive traction motors in Europe.

Automotive Traction Motor Market worth $17.3 billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 19, 2021

The growth of the automotive market can be attributed to the increasing demand of electric vehicles, manufacturing of high-performance motors, and supporting government policies.

Key Points: 
  • The growth of the automotive market can be attributed to the increasing demand of electric vehicles, manufacturing of high-performance motors, and supporting government policies.
  • The region is the largest market for automotive traction motors and home to some of the fastest-growing economies in the world.
  • The prominent presence of OEMs such as VDL Groep (Netherlands) and AB Volvo (Sweden) offers opportunities for the growth of the Automotive Traction Motor Market in the region.
  • Italy is expected to be the fastest-growing market for automotive traction motors in Europe.

Electric Vehicle Battery Market to grow by $ 37.69 Billion during 2021-2025 | Insights on COVID-19 Impact Analysis, Key Drivers, Trends, and Products Offered by Major Vendors | Technavio

Retrieved on: 
Thursday, March 18, 2021

Based on our research, the renewable electricity sector witnessed a negative impact due to the widespread growth of the COVID-19 pandemic.

Key Points: 
  • Based on our research, the renewable electricity sector witnessed a negative impact due to the widespread growth of the COVID-19 pandemic.
  • The lithium-ion battery segment will generate maximum revenue in the electric vehicle battery market, owing to the high demand for lithium-ion batteries from the EV industry and the declining prices of battery technology.
  • Reasons to Buy Electric Vehicle Battery Market Report:
    The growth of the electric vehicle battery marketacross APAC, North America, Europe, MEA, and South America
    This report can be personalized according to your business needs.
  • Related Reports on Utilities Include:
    Global Recreational Vehicle Battery Market Global recreational vehicle battery market is segmented by battery type (FLA batteries and VRLA batteries) and geography (North America, Europe, APAC, South America, and MEA).

Arrival to Present at the Piper Sandler Electric Truck Day on March 19

Retrieved on: 
Thursday, March 18, 2021

Arrival, the global company creating electric vehicles (EVs) with its game-changing technologies, today announced that members of its management team will present at the Piper Sandler Electric Truck Day on Friday, March 19, 2021 at 9:00AM Eastern Time.

Key Points: 
  • Arrival, the global company creating electric vehicles (EVs) with its game-changing technologies, today announced that members of its management team will present at the Piper Sandler Electric Truck Day on Friday, March 19, 2021 at 9:00AM Eastern Time.
  • In addition, management will host virtual one-on-one and small group meetings with institutional investors throughout the day.
  • Arrival is reinventing the automotive industry with its entirely new approach to the design and assembly of electric vehicles.
  • The company is deploying its first three microfactories in North Carolina, USA, South Carolina, USA and Bicester, UK in 2021.

CarMax Announces Commitment to Net Zero Carbon Emissions by 2050

Retrieved on: 
Thursday, March 18, 2021

CarMax, Inc. (NYSE: KMX), the nations largest retailer of used cars, today announced its commitment to achieve net zero carbon emissions by 2050.

Key Points: 
  • CarMax, Inc. (NYSE: KMX), the nations largest retailer of used cars, today announced its commitment to achieve net zero carbon emissions by 2050.
  • We believe that our goal to achieve net zero by 2050 demonstrates our commitment to address the challenge of climate change, said CarMax CEO Bill Nash.
  • In addition to its net zero initiative, CarMax is focusing on the expanding market for electric vehicles (EVs).
  • Scope 1 covers all direct emissions from an organization, Scope 2 refers to indirect emissions generated by electricity suppliers, and Scope 3 covers all other indirect emissions.