Arc Boat Company, a firm aiming to electrify the marine industry, is moving into the commercial sector and will now convert internal combustion engine-powered boats into electrically-powered ones. The first customer for this service is the Port of Los Angeles, which will see one of its 26-foot (7.9-meter) tugboats electrified with Arc’s electric powertrain and… Read more »
Search Results Found For: "Lion Electric"
Flash Battery invests €6 million in new automated production line
Italy-based Flash Battery, which specializes in manufacturing high-performance lithium batteries for EV and industrial applications has inaugurated a new €6-million automated laser welding assembly line. The production line has an annual capacity of 90,000 modules and is capable of handling 13 different configurations with changeover times of just a few minutes. The move strengthens in-house… Read more »
Electrovaya receives $4.2-million Li-ion battery order for use in cold-storage warehouses
Electrovaya, a developer and manufacturer of industry-specific lithium-ion batteries, has received a new order from a longtime repeat buyer. The order, valued at $4.2 million, is for batteries for use in cold-storage warehouses operated by the customer, which has placed orders in excess of $13 million over the course of its relationship with Electrovaya. The… Read more »
Multistate FedEx and Amazon consolidator buys 20 Mullen Class 3 electric trucks
Cashflow on Wheels, a logistics company based in Houston, Texas, has ordered 20 Mullen Automotive THREE Class 3 electric trucks. The order, which has a retail value of approximately $1.4 million, will be fulfilled by Mullen dealer Pritchard Automotive. Founded in 2023, Cashflow on Wheels is focused on last-mile local delivery, as well as long-distance… Read more »
New York state announces additional $30 million in funding for EV purchase incentives
New York Governor Kathy Hochul has announced $30 million in new funding for the state’s Drive Clean Rebate program. Also, incentives for installing EV chargers through the Charge Ready NY 2.0 program have been increased. The Drive Clean Rebate Program, administered by the New York State Energy Research and Development Authority (NYSERDA), offers a point-of-sale… Read more »
BetterFleet receives $15 million to advance adoption of its EV fleet charging management platform
Fleet-management software company BetterFleet, with US headquarters in Ann Arbor, Michigan, has completed a Series A funding round of $15 million. The round was led by venture firms Aligned Climate Capital, Ecosystem Integrity Fund (EIF) and Remarkable Ventures Climate (RVC). The funding will fuel BetterFleet’s expansion across Europe, Asia-Pacific and North America, which will focus… Read more »
PULSETRAIN secures €6.1 million to develop integrated BMS, inverter and charging electronics
German startup PULSETRAIN has raised €6.1 million in seed financing to develop its powertrain technology. The financing round was led by Vsquared Ventures and Planet A and joined by Climate Club. PULSETRAIN said it will use the funds to accelerate its product development as the company prepares to industrialize and scale. PULSETRAIN takes a holistic… Read more »
ENC to include InductEV’s wireless charging system on its electric buses
California-based bus manufacturer ENC plans to begin offering wireless inductive charging hardware from InductEV on its electric buses. ENC will initially offer InductEV’s wireless charging system on its battery-electric Axess EVO-BE bus, which is offered in 32- 35- and 40-foot lengths, and features Proterra Powered battery packs with up to 738 kWh of energy storage,… Read more »
Electric buses are taking over Canada’s cities—but hydrogen refuses to die
Electric buses have now been around long enough for transit agencies to have a good handle on the fuel and maintenance savings they can expect, and pilots are giving way to volume orders. In a recent article from CleanTechnica, Michael Barnard takes us on a tour of Canada to look at some of the electric… Read more »
DG Matrix raises $20 million to commercialize its multi-port solid-state transformer solutions
DG Matrix provides solid-state transformer solutions for data centers and electrification projects such as microgrids and EV fleets. Now the company has secured $20 million in an oversubscribed seed funding round. Clean Energy Ventures led the round, and industry stalwarts including ABB, Cerberus Ventures, Chevron Technology Ventures and Piedmont Capital participated. The new funding brings… Read more »
