Fuels

Clean Fuels Standard Misses the Mark on Biofuels

Friday, September 18, 2020 - 9:08pm

The CFS currently contains restrictions on land use, which will discourage farmers from planting and growing biofuel crops.

Key Points: 
  • The CFS currently contains restrictions on land use, which will discourage farmers from planting and growing biofuel crops.
  • The restrictions do not take into account the sustainability efforts that farmers already take, or the competitive advantage that will now benefit other countries selling corn and soybeans into Canada for biofuels.
  • Any regulations that make it harder for farmers to produce crops for domestic biofuels use are actually detrimental to the goals of the CFS.
  • Instead of embracing the hard work farmers do to grow crops for the green economy, the proposed Clean Fuels Standard will penalize farmers, Haerle continued.

Teekay LNG Partners Declares Distributions on Series A and B Preferred Units

Friday, September 18, 2020 - 11:59am

HAMILTON, Bermuda, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared cash distributions of $0.5625 per unit on the Partnerships Series A preferred units (NYSE:TGP PR A) and $0.5313 per unit on the Partnerships Series B preferred units (NYSE:TGP PR B) for the period from July 1, 2020 to September 30, 2020.

Key Points: 
  • HAMILTON, Bermuda, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared cash distributions of $0.5625 per unit on the Partnerships Series A preferred units (NYSE:TGP PR A) and $0.5313 per unit on the Partnerships Series B preferred units (NYSE:TGP PR B) for the period from July 1, 2020 to September 30, 2020.
  • The cash distributions are payable on October 15, 2020 to all unitholders of record as at September 30, 2020.
  • Teekay LNGs preferred unit distributions are reported on Form 1099 for United States tax purposes.
  • Teekay LNG Partners common units and preferred units trade on the New York Stock Exchange under the symbols TGP, TGP PR A and TGP PR B, respectively.

XL Fleet, a Commercial Vehicle Electrification Solutions Leader, to List on NYSE Through Merger With Pivotal Investment Corporation II

Friday, September 18, 2020 - 11:30am

XL Fleet (XL or the Company), a leader in vehicle electrification solutions for commercial and municipal fleets, and Pivotal Investment Corporation II (NYSE: PIC) (Pivotal), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement.

Key Points: 
  • XL Fleet (XL or the Company), a leader in vehicle electrification solutions for commercial and municipal fleets, and Pivotal Investment Corporation II (NYSE: PIC) (Pivotal), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement.
  • XL is a high-growth industry leader in providing fleet electrification solutions, with proven, proprietary technology and electrified drive systems that work seamlessly across a wide range of vehicle classes and types.
  • XLs revenues are expected to more than triple in 2021, cementing its status as the leading provider of vehicle electrification solutions for commercial and municipal fleet vehicles.
  • This communication is being made in respect of the proposed merger transaction involving Pivotal and XL.

Toyoda Gosei Develops LED Illuminated Emblem

Friday, September 18, 2020 - 5:00am

Toyoda Gosei Co., Ltd.(TOKYO:7282) has developed an LED illuminated emblem that lights up the front face of vehicles.

Key Points: 
  • Toyoda Gosei Co., Ltd.(TOKYO:7282) has developed an LED illuminated emblem that lights up the front face of vehicles.
  • This has led to Dongfengs selection of Toyoda Gosei as one of its strategic partners who will support the automakers strategic direction.
  • The LED illuminated emblem symbolizes Dongfengs push for new energy vehicles, and gave an advanced look to the front exterior of i-Land, a concept model that was unveiled in July 2020 at Dongfengs presentation event to unveil its new brand strategy.
  • Toyoda Gosei will continue to meet diverse design needs by using its technologies for plastic decorating and molding, LEDs, and other core areas.

Autonomous Vehicle Sensors Market and Competitive Landscape & Pandemic Recovery Analysis 2020 - Technavio

Friday, September 18, 2020 - 3:45am
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200917005748/en/
    Technavio has announced its latest market research report titled Global Autonomous Vehicle Sensors Market 2020-2024 (Graphic: Business Wire)
    The research is classified into seven sections Autonomous vehicle sensors market landscape, market sizing, five force analysis, customer landscape, geographic landscape, drivers, challenges, and trends, and vendor landscape and analysis.
  • Download Free Sample Report on COVID-19 Recovery Analysis
    Autonomous Vehicle Sensors Vendors: Identify key vendors of the autonomous vehicle sensors market, including company-revenue, market presence, influence-index, vendor-classification, and market positioning.
  • Autonomous Vehicle Sensors Region Growth: Find out the highest and slowest growth of regions for the autonomous vehicle sensors market.
  • Autonomous Vehicle Sensors Market Valuations: Find out the global market size for autonomous vehicle sensors in 2019 and how the market will advance from 2020 to 2024.

Conic Adds C$6.9 Million in Cash

Thursday, September 17, 2020 - 9:00pm

Conic Metals Corp. (Conic or the Company) (TSXV: NKL) is pleased to announce that it has added C$6.9 million of cash to its balance sheet by, after approval of its independent board members, monetizing the 3.98 million shares that the Company owned in Giga Metals Corp. (Giga Shares).

Key Points: 
  • Conic Metals Corp. (Conic or the Company) (TSXV: NKL) is pleased to announce that it has added C$6.9 million of cash to its balance sheet by, after approval of its independent board members, monetizing the 3.98 million shares that the Company owned in Giga Metals Corp. (Giga Shares).
  • Conic has significantly improved its balance sheet with the execution of this sale, stated Justin Cochrane, Conics President & CEO.
  • Following the sale, the Company now has approximately US$8.2 million of consolidated cash.
  • Conic holds an 8.56% joint-venture interest in the producing, long-life and world-class Ramu Nickel-Cobalt Operation located in Papua New Guinea which provides Conic with significant attributable nickel and cobalt production.

Growth Opportunity Analysis of the Indonesian Electric Vehicle (EV) Market - ResearchAndMarkets.com

Thursday, September 17, 2020 - 5:09pm

The "Growth Opportunity Analysis of the Indonesian Electric Vehicle (EV) Market, 2019" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Growth Opportunity Analysis of the Indonesian Electric Vehicle (EV) Market, 2019" report has been added to ResearchAndMarkets.com's offering.
  • This study provides an assessment of the Indonesian electric vehicle market, including electric passenger vehicles, commercial electric vehicles, and electric two-wheelers.
  • The Indonesian electric vehicle market is highly concentrated at its early growth stage.
  • Major market contributors include GESITS (a local electric two-wheeler motorcycle start-up), Mitsubishi (a leader in the electric passenger vehicle market), and BYD (a leader in both electric public buses and electric public taxis).

Electric Vehicle Market Procurement Intelligence Report with COVID-19 Impact Analysis | Global Forecasts, 2019-2024

Thursday, September 17, 2020 - 4:00pm

This report also offers market impact and new opportunities created due to the COVID-19 pandemic.

Key Points: 
  • This report also offers market impact and new opportunities created due to the COVID-19 pandemic.
  • View the full release here: https://www.businesswire.com/news/home/20200917005612/en/
    SpendEdge has announced the release of its Global Electric Vehicle Market Procurement Intelligence Report (Graphic: Business Wire)
    Key benefits to buy this report:
    What are the market dynamics?
  • Our Electric Vehicle market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation.
  • Some of the top Electric Vehicle suppliers listed in this report:
    This Electric Vehicle procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

India LNG for Transport Corridor Contact Directory, 2020 Edition - ResearchAndMarkets.com

Thursday, September 17, 2020 - 2:23pm

The "India's LNG for Transport Corridor Contact Directory - 2020 Edition" report has been added to ResearchAndMarkets.com's offering.

Key Points: 

The "India's LNG for Transport Corridor Contact Directory - 2020 Edition" report has been added to ResearchAndMarkets.com's offering.
The India LNG for Transport Corridor Contact Directory 2020 Edition provides comprehensive stakeholder coverage.

Arcimoto Teams With Baltimore-Maryland 2026 World Cup Host Committee to Bring 2026 FIFA World Cup and Sustainable Transportation to Baltimore

Thursday, September 17, 2020 - 2:01pm
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200917005327/en/
    The Futbol Utility Vehicle can be seen around Baltimore promoting the city's bid for the 2026 FIFA World Cup.
  • The World Cup matches in downtown Baltimore will be a catalyst for the modernizing of infrastructure and transportation, and the Arcimoto FUV would be a perfect integration to provide a last mile solution, said Olubunmi Jinadu, Senior Bid Advisor for the Baltimore-Maryland 2026 World Cup Host Committee.
  • When it comes to providing a smart, sustainable transportation system as part of an unforgettable World Cup in Baltimore, we share the same goal.
  • Arcimoto (NASDAQ: FUV) develops and manufactures ultra-efficient and affordable electric vehicles to help the world shift to a sustainable transportation system.