Electrification

Schneider Electric announces global winners of second edition of its Sustainability Impact Awards

Retrieved on: 
Thursday, April 4, 2024

Schneider Electric , the leader in the digital transformation of energy management and automation, today announced the global winners of the latest Schneider Electric Sustainability Impact Awards .

Key Points: 
  • Schneider Electric , the leader in the digital transformation of energy management and automation, today announced the global winners of the latest Schneider Electric Sustainability Impact Awards .
  • Launched in 2022, the awards honor the contribution of Schneider's partner ecosystem in creating a more sustainable and electric world.
  • In addition to receiving valuable recognition, award winners benefit from global visibility which could lead to new business opportunities.
  • Massive congratulations to the winners for their exceptional commitment towards making a positive impact,” Rohan Kelkar, EVP for Global Power Products at Schneider Electric said.

EXP expands expertise with dedicated Transportation Sector in Central Canada

Retrieved on: 
Tuesday, April 2, 2024

BRAMPTON, Ontario, April 02, 2024 (GLOBE NEWSWIRE) -- EXP, a global engineering, architecture, design and consulting firm, has announced the establishment of a new Central Canada Transportation Sector, celebrating an expansion of its Central Canada Infrastructure practice.

Key Points: 
  • BRAMPTON, Ontario, April 02, 2024 (GLOBE NEWSWIRE) -- EXP, a global engineering, architecture, design and consulting firm, has announced the establishment of a new Central Canada Transportation Sector, celebrating an expansion of its Central Canada Infrastructure practice.
  • P.Eng., PE, AVS, will prioritize expanding EXP’s position within the transportation industry, pinpointing strategic growth avenues and enhancing transportation outcomes for municipalities and provinces in Central Canada.
  • Magdy joined EXP in 2020 as Vice President, Transportation Central Canada in EXP’s Central Canada Infrastructure practice.
  • He has been responsible for bolstering EXP’s transportation practice and supporting EXP teams in firm-wide transportation pursuits.

GE Vernova Completes Spin-Off and Begins Trading on the New York Stock Exchange

Retrieved on: 
Tuesday, April 2, 2024

GE Vernova (NYSE: GEV) announced today that its spin-off from GE (NYSE: GE) is complete and it will begin trading as an independent company on the New York Stock Exchange (NYSE) under the ticker symbol “GEV,” effective at the market opening today.

Key Points: 
  • GE Vernova (NYSE: GEV) announced today that its spin-off from GE (NYSE: GE) is complete and it will begin trading as an independent company on the New York Stock Exchange (NYSE) under the ticker symbol “GEV,” effective at the market opening today.
  • In a first for the NYSE, GE Vernova and GE Aerospace, which also launches as an independent company today, will ring the opening bell together at 9:30 AM ET.
  • “Today, GE Vernova becomes an independent company singularly focused on accelerating the energy transition to create a more sustainable future,” said Scott Strazik, CEO of GE Vernova.
  • The spin-off of GE Vernova was achieved by GE’s distribution of all shares of the common stock of GE Vernova Inc. Each holder of record of GE common stock received one share of GE Vernova Inc. common stock for every four shares of GE common stock held on March 19, 2024.

M4E Lithium Secures $7.5M to $10M Funding to Accelerate Brazilian Lithium Exploration

Retrieved on: 
Thursday, March 14, 2024

M4E Lithium (“M4E”), a lithium exploration company focused on Brazilian, closed a financing package with Lithium Royalty Corp. and the Electrification and Decarbonization fund (“Waratah E&D Fund”) managed by Waratah Capital Advisors.

Key Points: 
  • M4E Lithium (“M4E”), a lithium exploration company focused on Brazilian, closed a financing package with Lithium Royalty Corp. and the Electrification and Decarbonization fund (“Waratah E&D Fund”) managed by Waratah Capital Advisors.
  • This investment validates M4E’s strong potential and significantly advances exploration across M4E’s expansive 91k hectares of mining rights in the prolific Lithium Valley and Borborema regions of Brazil.
  • An additional $2 million payment will be triggered upon confirmation of a minimum tonnage of lithium resources by M4E.
  • “This partnership with LRC and the Waratah E&D Fund is a game-changer for M4E,” said Sergio Castanho, CEO of M4E.

Schneider Electric Announces U.S. Winners of Second Annual Sustainability Impact Awards

Retrieved on: 
Tuesday, April 2, 2024

BOSTON, April 2, 2024 /PRNewswire/ -- Schneider Electric , the leader in the digital transformation of energy management and automation, today announced the five U.S. companies who have earned top honors in the second edition of the Schneider Electric Sustainability Impact Awards .

Key Points: 
  • BOSTON, April 2, 2024 /PRNewswire/ -- Schneider Electric , the leader in the digital transformation of energy management and automation, today announced the five U.S. companies who have earned top honors in the second edition of the Schneider Electric Sustainability Impact Awards .
  • Impact Makers are catalysts for change, embodying the ethos of action and innovation to foster resilience, efficiency, and sustainability.
  • "The Sustainability Impact Awards serve as a beacon, illuminating the remarkable decarbonization endeavors of our customers and partners," said Aamir Paul, President of North America Operations for Schneider Electric.
  • To learn more about the Sustainability Impact Awards and the unveiling of the global winners on Wednesday, visit here .

GREENPOWER PARK: TRAILBLAZING UK CENTRE OF ELECTRIFICATION & CLEAN ENERGY AND WEST MIDLANDS GIGAFACTORY TO SPEARHEAD THE GREEN INDUSTRIAL REVOLUTION

Retrieved on: 
Wednesday, March 27, 2024

COVENTRY, England, March 27, 2024 /PRNewswire/ -- Plans to place Britain at the epicentre of the green industrial revolution have taken a significant leap forward with the launch of Greenpower Park - the UK Centre of Electrification and Clean Energy - setting the stage for unparalleled investment in green electrified technology and skilled job creation.

Key Points: 
  • COVENTRY, England, March 27, 2024 /PRNewswire/ -- Plans to place Britain at the epicentre of the green industrial revolution have taken a significant leap forward with the launch of Greenpower Park - the UK Centre of Electrification and Clean Energy - setting the stage for unparalleled investment in green electrified technology and skilled job creation.
  • Located at the heart of the UK's manufacturing powerbase, and with official approval already secured for a gigafactory with enough capacity to power 600,000 electric vehicles - the initiative will help establish the UK as a strategic centre for vital electrification and clean energy technologies.
  • "This ambitious initiative is not merely about setting the groundwork for the next generation of electric technologies and sustainable manufacturing practices.
  • It is a clarion call to the world that the UK is open for business, ready to lead the charge in the green industrial revolution.

GREENPOWER PARK: TRAILBLAZING UK CENTRE OF ELECTRIFICATION & CLEAN ENERGY AND WEST MIDLANDS GIGAFACTORY TO SPEARHEAD THE GREEN INDUSTRIAL REVOLUTION

Retrieved on: 
Wednesday, March 27, 2024

COVENTRY, England, March 27, 2024 /PRNewswire/ -- Plans to place Britain at the epicentre of the green industrial revolution have taken a significant leap forward with the launch of Greenpower Park - the UK Centre of Electrification and Clean Energy - setting the stage for unparalleled investment in green electrified technology and skilled job creation.

Key Points: 
  • COVENTRY, England, March 27, 2024 /PRNewswire/ -- Plans to place Britain at the epicentre of the green industrial revolution have taken a significant leap forward with the launch of Greenpower Park - the UK Centre of Electrification and Clean Energy - setting the stage for unparalleled investment in green electrified technology and skilled job creation.
  • Located at the heart of the UK's manufacturing powerbase, and with official approval already secured for a gigafactory with enough capacity to power 600,000 electric vehicles - the initiative will help establish the UK as a strategic centre for vital electrification and clean energy technologies.
  • "This ambitious initiative is not merely about setting the groundwork for the next generation of electric technologies and sustainable manufacturing practices.
  • It is a clarion call to the world that the UK is open for business, ready to lead the charge in the green industrial revolution.

GENESIS UNVEILS NEOLUN AND GV60 MAGMA CONCEPTS, SHOWCASING FURTHER EVOLUTION OF THE BRAND

Retrieved on: 
Tuesday, March 26, 2024

The Genesis GV60 Magma Concept, within the wider Genesis Magma program, redefines the boundaries of performance and luxury, delivering an experience that ignites passion and exhilaration with every ride.

Key Points: 
  • The Genesis GV60 Magma Concept, within the wider Genesis Magma program, redefines the boundaries of performance and luxury, delivering an experience that ignites passion and exhilaration with every ride.
  • Revealed for the first time today, the GV60 Magma Concept will be among the Genesis Magma program models headed for production.
  • The GV60 Magma Concept elevates the design and performance of the existing GV60, Genesis' first dedicated EV model, with improved battery and motor technology.
  • Displayed alongside the GV60 Magma Concept today at Genesis House New York were the three other vehicles in the Magma program: GV80 Coupe Concept, G80 Magma Special and X Gran Berlinetta Concept.

As Biden Invests $623M in EV Charging, Bluedot Addresses Drivers Hesitations

Retrieved on: 
Monday, March 18, 2024

With a $623M Investment in EV Charging by Biden, What's Slowing Down Electrification?

Key Points: 
  • With a $623M Investment in EV Charging by Biden, What's Slowing Down Electrification?
  • Lack of interoperability among charging stations is another issue, with EV drivers often requiring four different charging apps to make sure they can recharge.
  • Bluedot , a payments and rewards platform for EV drivers, offers a simpler charging experience.
  • And instead of the sticker shock EV drivers suffer at many chargers, they can count on a competitive flat rate with Bluedot.

Electrify Expo Collaborates with Amazon to Present the Amazon Recharge Zone at All Eight Tour Locations in 2024

Retrieved on: 
Monday, March 4, 2024

Amazon will sponsor the EV education center at all eight Electrify Expo tour locations in 2024, which will include a unique forum for industry spokespeople and specialists to address frequently asked questions about electric vehicle maintenance and debunk EV myths.

Key Points: 
  • Amazon will sponsor the EV education center at all eight Electrify Expo tour locations in 2024, which will include a unique forum for industry spokespeople and specialists to address frequently asked questions about electric vehicle maintenance and debunk EV myths.
  • “We’re excited to sponsor the ‘Amazon Recharge Zone’ at Electrify Expo to make it easy for customers at the event to learn more through the live programming.
  • “I am grateful to welcome Amazon to the growing list of the world’s leading brands that participate in Electrify Expo,” says BJ Birtwell, CEO and founder of Electrify Expo.
  • “Amazon’s program at Electrify Expo will empower EV customers with essential information about EVs and charging.