Search Results Found For: "Lion Electric"

itselectric raises $2.2 million in funding for its behind-the-meter curbside EV chargers

Brooklyn-based startup itselectric has raised $2.2 million in a pre-seed funding round led by Brooklyn Bridge Ventures. The company will use the new funding to focus on the deployment of pilot programs in major cities across the US in 2023. itselectric aims to address the Plight of the Drivewayless—millions of drivers park their cars on… Read more »

DOE and DOT award $7 million for electric truck charging, hydrogen projects

The DOE has awarded $7.4 million to seven projects to develop medium- and heavy-duty EV charging and hydrogen infrastructure plans across 23 states. The seven projects receiving the money span the country, and address the drayage, regional haul and long-haul sectors. “A clean transportation sector requires vast investments across the entire industry, including to decarbonize… Read more »

Electric school buses from Thomas Built Buses and Proterra log one million miles of operation

Thomas Built Buses and Proterra (NASDAQ: PTRA) unveiled their Saf-T-Liner C2 Jouley electric school bus back in 2018 , and there are now more than 300 units on the road. Now the companies have announced that the Jouleys have driven more than one million miles for school districts across North America. This may be just… Read more »

Copenhagen’s Vikingbus orders 45 MAN Lion’s City 12 E electric buses

Danish transport operator Vikingbus has ordered 45 MAN Lion’s City 12 E buses for the Denmark capital’s public transport service. The newly ordered buses are expected to be deployed in Spring 2023. Another coach company, Anchersen, already operates 25 MAN Lion’s City 12 E buses on Copenhagen’s central bus route 7A, which carries more than… Read more »

Customcells raises 60 million euros for development of electric aviation

German battery maker Customcells has closed a Series A financing round for 60 million euros with investors that include VC World Fund, Abacon Capital, Vsquared Ventures and Porsche. The company plans to use the funds to expand activities in the electrification of air traffic, intensify R&D and further internationalize operations. Customcells, a spin-off of research… Read more »

Vietnamese EV manufacturer VinFast secures $135 million for electric public bus fleet 

The Asian Development Bank (ADB) has arranged a $135-million financing package for EV manufacturer VinFast. The funds will support the company’s efforts to establish an electric public transport bus fleet and a national charging network in Vietnam. Established in 2017, VinFast is a subsidiary of Vingroup, Vietnam’s largest private enterprise, and some boosters have predicted… Read more »

Monarch Tractor secures $3-million grant to demonstrate V2X tech for electric farm equipment

Monarch Tractor and its partners in the Farm Electrification Consortium, which also includes Gridtractor, Rhombus Energy Solutions, Current Ways and Polaris Energy Services, have received a $3-million grant from the California Energy Commission (CEC) for the electrification of agricultural equipment and the development of battery capability in farm equipment to keep critical electrical loads running… Read more »

Ampaire receives $9-million ARPA-E grant to develop hybrid-electric aircraft systems

Ampaire, a manufacturer of electrified aircraft, has received a $9-million grant from the DOE’s Advanced Research Projects Agency-Energy (ARPA-E) SCALEUP program, which it will use for the development of FAA-certified hybrid subsystems. The company is currently using a converted hybrid Cessna 337 Skymaster aircraft—dubbed the ARPA-E Bird—as a  test bed for the development of subsystems… Read more »

Florida awards VW settlement funding: $68 million for electric transit buses, $57 million for school buses

The Florida Department of Environmental Protection has awarded $68 million in grants for the purchase of 227 electric transit buses in 13 counties. The funds came from Florida’s $166-million share of Volkswagen’s $15-billion federal settlement for the Dirty Diesel Debacle. The electric buses will replace existing diesel buses in Alachua, Broward, Duval, Escambia, Hillsborough, Leon,… Read more »

Orange EV Raises $35 million to scale electric trucking solutions

Orange EV may not be well-known to the general public, but it has outlasted a lot of early entrants to the commercial EV space, and is now in its 10th year of operations. The company has 450 terminal trucks in use by more than 130 fleets across 28 US states, Canada and the Caribbean. Yard… Read more »