Search Results Found For: "Lion Electric"

Aciturri invests in Dovetail Electric Aviation

Spain-headquartered aeronautical component manufacturer Aciturri has committed to acquiring a stake in Australian electric aviation technology company Dovetail Electric Aviation.  Aciturri will invest in the second tranche of Dovetail’s seed investment round, which has a total target of $7 million. The first tranche, which closed last year, included airlines Rex in Australia and Volotea and… Read more »

Report: electric bikes deliver the vast majority of EV emissions reductions

Contrary to the barrage of unsourced speculation on social media, EV adoption is indeed causing carbon emissions and oil demand to fall, albeit by a small amount so far. However, despite what many EV fans might assume, electric cars are not the main drivers of the reduction. According to BloombergNEF, EVs as a whole displaced… Read more »

Hitachi Energy invests $1.5 billion to ramp up transformer production for grid transmission

Delays in getting electrical service hooked up represent one of the biggest roadblocks to building more EV charging hubs, and several industry insiders have told Charged that a major reason for those delays is a shortage of transformers. Hitachi Energy, one of the world’s largest transformer manufacturers, is increasing production to meet the massive demand… Read more »

Study finds EVs are lowering electricity bills for all customers, not just EV owners

There’s a lot of speculation about the effects widespread EV adoption will have on the electrical grid, but until now, little hard data. A recent study has found that, so far, EVs are having a salutary effect on the grid, saving ratepayers billions of dollars on their electricity bills. The analysis, which was commissioned by… Read more »

Hyster to supply electric terminal tractors to APM Terminals

Hyster, a US manufacturer of forklifts and materials-handling equipment, has agreed to provide 10 battery-powered terminal tractors to shipping company APM Terminals at its location in Port of Mobile, Alabama. The tractors are part of APM’s $60-million investment in port equipment electrification pilots, and are scheduled to be delivered this year. Each has a 182,000-pound… Read more »

Fortescue’s electric excavator outperforms its diesel counterpart

Australian mining giant Fortescue has been testing an electric excavator at its Chichester operation site. Over the past three months, the excavator has been running at partial capacity while the site team familiarized themselves with the new piece of equipment. Now the e-excavator is operating at full speed, and has reached the milestone of one… Read more »

Wallbox and Bidirectional Energy win $2.2-million CEC grant for V2X demo project

EV charging and energy management specialist Wallbox and startup Bidirectional Energy have secured $2.2 million in grant funding from the California Energy Commission for Phase 1 of their Bidirectional Residential V2X Demonstration Project. The companies will install and operate Wallbox’s Quasar 2 bidirectional charger at 120 residential locations across California. The chargers will be managed… Read more »

Pelikan Mobility raises €4 million in funding for its EV fleet management software platform

French startup Pelikan Mobility has been building an optimization platform and a leasing solution for commercial EV fleets. The company recently raised €4 million ($4.4 million) in a seed round from Pale Blue Dot, Frst, Seedcamp and others. “We have developed a software solution to optimize fleet operations with electric vehicles,” co-founder and CEO Vincent… Read more »