Fuels

Wind Turbine Planned for Rivian’s Normal Plant to Deliver Vehicles Charged with On-site Renewables

Retrieved on: 
Friday, June 17, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220617005095/en/
    The planned site for the 2.8-megawatt turbine is inside the vehicle test track on the east side of Rivians manufacturing campus.
  • The wind turbine project supports the companys long-term renewable energy vision of developing high-impact projects that reduce its carbon footprint while also benefiting customers, communities, and the electrical grid.
  • To us, our job isnt done when our vehicles come off the line, said Andrew Peterman, Rivian Director of Renewable Energy.
  • The wind project aligns with Rivians strategy of adding renewable resources to parts of the country that need them most.

Cavli Wireless Is Set to Unveil the Next Generation of LPWAN-based IoT with C42GM Smart Cellular IoT Module at Embedded World 2022, Germany.

Retrieved on: 
Friday, June 17, 2022

Cavli Wireless will participate in the Embedded World 2022 edition in Nuremberg, Germany, from June 21-23, 2022.

Key Points: 
  • Cavli Wireless will participate in the Embedded World 2022 edition in Nuremberg, Germany, from June 21-23, 2022.
  • C42GM is a dual-mode LTE CAT M1/NB1/NB2 (upgradable to Release 14) compatible Smart Cellular Module, based on 3GPP Release 13, that comes with an integrated eSIM.
  • As John Mathew, Chief Technology Architect at Cavli Wireless, quoted, the integrated eSIM coupled with pre-loaded global connectivity further cements the C42GM as the world's most powerful LPWAN-based cellular IoT module."
  • Cavli Wireless designs and manufactures industrial-grade cellular IoT smart modules that improve equipment reliability and expedite development processes for various applications.

MGE Energy Issues June 2022 'Interim Report'

Retrieved on: 
Thursday, June 16, 2022

MGE Energy, Inc. (Nasdaq: MGEE) highlights its annual meeting report in its latest investor newsletter, "Interim Report," which includes the following topics:

Key Points: 
  • MGE Energy, Inc. (Nasdaq: MGEE) highlights its annual meeting report in its latest investor newsletter, "Interim Report," which includes the following topics:
    The newsletter is available on MGE Energy's website at: https://www.mgeenergy.com/interimreport
    Interim Report is published quarterly to provide investors with information about MGE Energy and its primary subsidiary, Madison Gas and Electric.
  • MGE Energy is an investor-owned public utility holding company headquartered in the state capital of Madison, Wis.
  • It is the parent company of Madison Gas and Electric, which generates and distributes electricity in Dane County, Wis., and purchases and distributes natural gas in seven south-central and western Wisconsin counties.
  • MGE Energy's assets total approximately $2.4 billion, and its 2021 revenues were approximately $607 million.

Asia-Pacific Electric Scooter Markets to 2029 with Yamaha Motor, Yadea Group, & Niu Technologies Dominating - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 16, 2022

The Asia-Pacific electric scooters market is expected to record a CAGR of 28.9% from 2022 - 2029 to reach $625.03 billion by 2029.

Key Points: 
  • The Asia-Pacific electric scooters market is expected to record a CAGR of 28.9% from 2022 - 2029 to reach $625.03 billion by 2029.
  • By volume, this market is expected to grow at a CAGR of 26.4% from 2022 - 2029 to reach 266.04 million units by 2029.
  • Based on vehicle type, the e-scooters & bikes segment is expected to grow at the highest CAGR during the forecast period.
  • TVS Motor (India) launched the iQube electric scooter in India, equipped with a 4.4kW electric motor.

North America Electric Vehicle Charging Stations Market Analysis/Forecast Report 2022-2029 - Government Initiatives to Drive the Adoption of EVS and Associated Infrastructure - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 16, 2022

Based on charging type, the North American electric vehicle charging stations market is mainly segmented into Level 1, Level 2, and DC fast-charging.

Key Points: 
  • Based on charging type, the North American electric vehicle charging stations market is mainly segmented into Level 1, Level 2, and DC fast-charging.
  • Based on connection type, the North American electric vehicle charging stations market is segmented into pantograph, connector, and wireless EV charging.
  • Based on end user, the North American electric vehicle charging stations market is segmented into commercial EV charging stations and residential EV charging stations.
  • In 2022, the commercial EV charging stations segment is expected to account for the largest share of the electric vehicle charging stations market.

KORE Power Acquires 4.22% Stake in ZEVx, an EV Retrofit Start-up Powered by KORE Battery Cells

Retrieved on: 
Thursday, June 16, 2022

Earlier this year, KORE announced a supply agreement with ZEVx to provide KORE battery modules for ZEVxs electric powertrain kits through 2030.

Key Points: 
  • Earlier this year, KORE announced a supply agreement with ZEVx to provide KORE battery modules for ZEVxs electric powertrain kits through 2030.
  • KORE Power produces the battery cells that provide the backbone of electrification, and ZEVx is accelerating vehicle electrification with products that allow for rapid, affordable conversion of fleet vehicles, said Lindsay Gorrill, CEO and Co-Founder of KORE Power.
  • Formerly known as Zero Electric Vehicles, Inc., the company is also partnering with KORE Power to develop new advances in vehicle battery efficiency and safety.
  • KORE Power designs and manufactures its proprietary NMC and LFP cells, VDA modules and packs, and ESS modules, optimized by our proprietary battery management system.

Loop Energy Appoints Kent Thexton as Director and Chair of the Board

Retrieved on: 
Thursday, June 16, 2022

Loop Energy (TSX:LPEN) appoints experienced technology industry leader Kent Thexton as a Director and Chair of the Board with immediate effect.

Key Points: 
  • Loop Energy (TSX:LPEN) appoints experienced technology industry leader Kent Thexton as a Director and Chair of the Board with immediate effect.
  • View the full release here: https://www.businesswire.com/news/home/20220616005206/en/
    Loop Energy appoints Kent Thexton as Director and Chair of the Board (Graphic: Business Wire)
    Kent brings over 30 years of experience leading and growing a diverse range of technology companies.
  • I am excited to join Loop Energy and share my experience with the board and management team as we continue to grow, said Kent Thexton.
  • We are incredibly fortunate to welcome Kent as a Director and Chair of the Board, said Loop Energy President & CEO, Ben Nyland.

Gores Guggenheim Reminds Stockholders and Warrant Holders to Vote

Retrieved on: 
Wednesday, June 15, 2022

The Company also reminds warrant holders to vote in favor of the proposals to be presented at the meeting of the Companys warrant holders (the Warrant Holder Meeting).

Key Points: 
  • The Company also reminds warrant holders to vote in favor of the proposals to be presented at the meeting of the Companys warrant holders (the Warrant Holder Meeting).
  • All warrant holders are strongly encouraged to vote as soon as possible in advance of the Warrant Holder Meeting.
  • THE COMPANYS BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT ITS WARRANT HOLDERS VOTE FOR THE APPROVAL OF THE WARRANT AMENDMENT, AND EACH OF THE RELATED PROPOSALS DESCRIBED IN THE PROXY STATEMENT.
  • All stockholders and warrant holders are encouraged to review the Proxy Statement prior to voting their shares or warrants.

Next Generation Electric Hybrid Buses Featuring Allison Transmission’s eGen Flex™ Arrive at IndyGo

Retrieved on: 
Wednesday, June 15, 2022

Allison Transmission is pleased to announce that in partnership with GILLIG and Cummins, the first buses equipped with its Allison eGen FlexTM electric hybrid propulsion system have arrived at the Indianapolis Public Transportation Corporation (IndyGo).

Key Points: 
  • Allison Transmission is pleased to announce that in partnership with GILLIG and Cummins, the first buses equipped with its Allison eGen FlexTM electric hybrid propulsion system have arrived at the Indianapolis Public Transportation Corporation (IndyGo).
  • View the full release here: https://www.businesswire.com/news/home/20220615006059/en/
    David Graziosi, Chairman and CEO, Allison Transmission, speaks during an event hosted by Allison and the Indianapolis Public Transportation Corporation (IndyGo) unveiling the first bus equipped with the Allison eGen Flex electric hybrid propulsion system, which provides revolutionary capabilities including full electrification range.
  • (Photo: Business Wire)
    The eGen Flex is the next generation of Allisons proven H 40 EPTM electric hybrid propulsion system, which has been operating in select IndyGo buses since 2004.
  • IndyGo will be the first transit system to operate GILLIG buses equipped with the Allison eGen Flex and Cummins B6.7 engine pairing.

Autonomy Now Offers Electric Vehicle Subscription in Bakersfield

Retrieved on: 
Wednesday, June 15, 2022

Autonomy, the electric vehicle subscription company that offers the cheapest, fastest, and easiest way to get a Tesla Model 3, and soon other models and brands, is now available to residents of Bakersfield and surrounding communities.

Key Points: 
  • Autonomy, the electric vehicle subscription company that offers the cheapest, fastest, and easiest way to get a Tesla Model 3, and soon other models and brands, is now available to residents of Bakersfield and surrounding communities.
  • Autonomys subscription model offers a new radical solution to the rising demand for electric cars.
  • Building upon that experience, Autonomy has created a turnkey vehicle subscription platform for consumers and the automotive industry that enables vehicle subscriptions to scale profitably and become a mainstream alternative to traditional car buying.
  • Autonomy is innovating through technology, finance, and insurance to power car subscriptions for the battery, electric vehicle, and zero-emissions vehicle sectors.