Electric vehicle conversion

Mitsubishi Motors Introduces the Eclipse Cross PHEV Model in New Zealand and Australia

Retrieved on: 
Wednesday, May 26, 2021

TOKYO, May 26, 2021 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) announced that the Eclipse Cross plug-in hybrid (PHEV) model will launch in New Zealand on June 1, with the launch in Australia to follow in July.

Key Points: 
  • TOKYO, May 26, 2021 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) announced that the Eclipse Cross plug-in hybrid (PHEV) model will launch in New Zealand on June 1, with the launch in Australia to follow in July.
  • The addition of the Eclipse Cross PHEV model to the lineup reflects Mitsubishi Motors' continued commitment to contributing to the development of a sustainable society by promoting electrification focusing on plug-in hybrids.
  • The second plug-in hybrid in the Mitsubishi Motors' lineup, the Eclipse Cross PHEV model incorporates the twin-motor 4WD system from the Outlander PHEV and offers a quiet, smooth yet powerful acceleration unique to electric vehicles, as well as a sporty driving experience.
  • The Eclipse Cross debuted in Europe in 2017 as Mitsubishi Motors' global strategic model.

VivoPower International PLC Releases White Paper Exploring Total Cost of Ownership of Electric Light Commercial Vehicles

Retrieved on: 
Monday, May 24, 2021

LONDON, May 24, 2021 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the Company), an international provider of turnkey decarbonization solutions to industry, today released a white paper entitled Assessing Total Cost of Ownership of Electric Light Commercial Vehicles, which provides a framework for owners of light commercial vehicle fleets to evaluate the total cost of ownership (TCO) of converting to a fleet of electric light commercial vehicles.

Key Points: 
  • LONDON, May 24, 2021 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: VVPR, the Company), an international provider of turnkey decarbonization solutions to industry, today released a white paper entitled Assessing Total Cost of Ownership of Electric Light Commercial Vehicles, which provides a framework for owners of light commercial vehicle fleets to evaluate the total cost of ownership (TCO) of converting to a fleet of electric light commercial vehicles.
  • Through its wholly-owned subsidiary, Tembo e-LV B.V. (Tembo), VivoPower provides solutions for converting standard diesel-powered light vehicles to fully electric, zero-emissions electric light vehicles (e-LVs).
  • Importantly, the white paper is a living document that VivoPower will continually update as new data and technology become available.
  • Forward-looking statements may include, for example, statements about the economic attractiveness of adoption of electric light commercial vehicles in the future.

$14 Billion Electric Vehicle Charging Infrastructure Market - Global Outlook and Forecast 2021-2026: Revenue is Expected to Grow at a CAGR of Over 30% - ResearchAndMarkets.com

Retrieved on: 
Monday, May 24, 2021

The "Electric Vehicle Charging Infrastructure Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Electric Vehicle Charging Infrastructure Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • The global electric vehicle charging infrastructure market by revenue is expected to grow at a CAGR of over 30% during the period 2020-2026.
  • The global electric vehicle charging infrastructure market size to cross USD 14 billion in 2026, growing at a CAGR of 36% during the forecast period.
  • With the increasing funding from government bodies for electric vehicle (EV) adoption, the demand for charging infrastructure is expected to grow.

Lightning eMotors Reports $4.6 million of Revenue in First Quarter of 2021 From Sales of 31 Commercial Electric Vehicles and Provides 2021 Outlook

Retrieved on: 
Monday, May 17, 2021

This is in line with the quarterly growth required to meet the 2021 revenue guidance below.

Key Points: 
  • This is in line with the quarterly growth required to meet the 2021 revenue guidance below.
  • Q1 2021 continued the fast sales and delivery growth that started in 2020.
  • As a result, Lightning eMotors is well-positioned to achieve its 2021 forecast of over 500 purpose-built zero-emission commercial vehicles.
  • Based on reported numbers from other manufacturers, Lightning eMotors has more zero-emission medium-duty commercial vehicles on the road today than any other manufacturer in the Americas.

First Student and Lion Electric Announce Largest Zero-Emission School Bus Order of 260 Buses

Retrieved on: 
Monday, May 17, 2021

The order will make First Student the largest operator of zero-emission school buses in North America.

Key Points: 
  • The order will make First Student the largest operator of zero-emission school buses in North America.
  • "\nThe company already operates a number of Lion all-electric school buses.
  • "First Student embraces the importance that electrification and zero-emission technologies will play in the future of student transportation.
  • This work with Lion Electric is an important step to position First Student as North America\'s leading owner and operator of electric school buses.

Lion Electric Selected to Participate in the Heritage-Romeo Power Fleet Electrification Program

Retrieved on: 
Friday, May 14, 2021

b'MONTREAL, May 14, 2021 /PRNewswire/ -The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion Electric"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today it has been selected to participate in the Heritage-Romeo Power Fleet Electrification Program .\nThe Heritage-Romeo Power Fleet Electrification Program is a collaboration between Heritage, a leader in environmental, sustainability and recycling services, and Romeo Power, an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, to execute on Heritage\'s fleet electrification strategy.\nHeritage will initially purchase five Lion Electric battery-electric trucks for the 2021 fleet electrification validation program consisting of Class 6 and/or Class 8 vehicles.

Key Points: 
  • b'MONTREAL, May 14, 2021 /PRNewswire/ -The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion Electric"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today it has been selected to participate in the Heritage-Romeo Power Fleet Electrification Program .\nThe Heritage-Romeo Power Fleet Electrification Program is a collaboration between Heritage, a leader in environmental, sustainability and recycling services, and Romeo Power, an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, to execute on Heritage\'s fleet electrification strategy.\nHeritage will initially purchase five Lion Electric battery-electric trucks for the 2021 fleet electrification validation program consisting of Class 6 and/or Class 8 vehicles.
  • Upon a successful validation program, production is expected to commence in 2022 with completion in 2025.\n"Lion Electric is thrilled to have been selected for the Heritage-Romeo Power Fleet Electrification Program," said Marc Bedard, CEO and Founder of Lion Electric.
  • "\n"We are excited to have Lion Electric as part of the Heritage-Romeo Power Fleet Electrification Program.
  • Lion Electric is broadly respected for the design and quality of its all-electric buses and commercial vehicles," said Lionel Selwood, Jr., CEO of Romeo Power.

Global Electrification Market Outlook to 2025: Aggressive Electrification Goals for Emission Compliance & Next Auto Era - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 12, 2021

b'The "Perspectives in Electrification 2025" report has been added to ResearchAndMarkets.com\'s offering.\nThis report focuses on how leading carmakers are developing and executing their strategies to better position themselves in the new era of electrified mobility.

Key Points: 
  • b'The "Perspectives in Electrification 2025" report has been added to ResearchAndMarkets.com\'s offering.\nThis report focuses on how leading carmakers are developing and executing their strategies to better position themselves in the new era of electrified mobility.
  • It also provides insights on how their model range and sales\' mix by powertrain will change between 2015 and 2025.\nBesides Tesla and Toyota\'s who lead BEVs and HEVs respectively, most brands are still in the early stages of electrified-to brand\'s European sales.
  • But European Premium carmakers prepare a product offensive over the next 7 years announcing aggressive targets for up to one-third of sales coming from EVs.\nLithium-Ion battery technology is improving year by year with increased energy density and falling costs by KWh of energy.
  • The brand has stated that a 48V set-up will in effect replace all of its non-plug-in hybrids.\nAFV penetration in 2019 in Europe, USA, China and Japan\nThe growth outlook and market dynamics for BEV, PHEV and FCV\nThe growth outlook for BEV, PHEV and FCV\n'

Lion Electric Names Brian Piern as Chief Commercial Officer

Retrieved on: 
Tuesday, May 11, 2021

b'MONTREAL, May 11, 2021 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that it has named Brian Piern as Chief Commercial Officer (CCO), effective June 7, 2021.

Key Points: 
  • b'MONTREAL, May 11, 2021 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that it has named Brian Piern as Chief Commercial Officer (CCO), effective June 7, 2021.
  • We are at a critical point in the adoption of heavy-duty electric vehicles and are confident that with Brian\'s leadership Lion will remain at the forefront of the zero-emission transportation sector."\nMr.
  • Piern most recently served as Vice President, Sales and Marketing at XL Fleet Corp., where he directed the development of the firm\'s commercial team.
  • Lion believes that transitioning to all-electric vehicles will lead to major improvements in our society, environment and overall quality of life.

Demand for Zero-Emission Vehicles to Have Strong Impact on Motor Vehicle Manufacturing Businesses | Discover Company Insights on BizVibe

Retrieved on: 
Monday, May 10, 2021

b"BizVibe has identified the growing demand for zero-emission vehicles as a major trend for the motor vehicle manufacturing industry.

Key Points: 
  • b"BizVibe has identified the growing demand for zero-emission vehicles as a major trend for the motor vehicle manufacturing industry.
  • The demand for zero-emission electric vehicles is rising as governments introduce regulations around environmentally friendly vehicles.
  • Governments are increasingly supporting infrastructure upgrades for electric vehicles in emerging countries, which will help drive demand.
  • The motor vehicle manufacturing industry group features 6,500+ company profiles categorized into 20+ product and service categories.

Lion Electric Virtually Opens The Market

Retrieved on: 
Monday, May 10, 2021

b'TORONTO, May 10, 2021 /CNW/ -Marc Bedard, CEO-Founder, Lion Electric Co. ("Lion Electric") (TSX: LEV) joined Robert Peterman, Vice President, Global Business Development and Dani Lipkin, Director, Global Business Development, TMX Group to celebrate the company\'s new listing on Toronto Stock Exchange and open the market.\nLion Electric is an innovative manufacturer of zero-emission vehicles.

Key Points: 
  • b'TORONTO, May 10, 2021 /CNW/ -Marc Bedard, CEO-Founder, Lion Electric Co. ("Lion Electric") (TSX: LEV) joined Robert Peterman, Vice President, Global Business Development and Dani Lipkin, Director, Global Business Development, TMX Group to celebrate the company\'s new listing on Toronto Stock Exchange and open the market.\nLion Electric is an innovative manufacturer of zero-emission vehicles.
  • Lion Electric is a North American leader in electric transportation and designs, builds and assembles all its vehicles\' components, including chassis, battery packs, truck cabins and bus bodies.
  • Always actively seeking new and reliable technologies, Lion Electric vehicles have unique features that are specifically adapted to its users and their everyday needs.
  • Lion Electric believes that transitioning to all-electric vehicles will lead to major improvements in our society, environment and overall quality of life.