Postal delivery vehicles arguably represent the perfect use case for EVs: they’re small, they drive short regular routes, and they return to central depots every day. Furthermore, in January 2021, President Biden announced a goal of replacing the massive US federal fleet with US-made electric vehicles, and the US Postal Service, which operates a delivery… Read more »
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5 electric vehicle trends seen in 2022
Sponsored by Parker LordJust over a decade ago, a report by IDTechEx predicted 1.5 million battery-electric vehicle (EV) sales by the start of 2021—a prediction seen by many as overly optimistic. Yet, it turned out to be a significant underestimate by more than half. And there is no sign of EV sales slowing in 2022. In fact, Bloomberg… Read more »
Prologis to build two electric truck charging hubs in Southern California
Logistics real estate specialist Prologis has unveiled two upcoming electric truck charging installations as part of its Prologis Mobility platform. The two charging sites will enable Performance Team, a national logistics company, to simultaneously charge up to 38 of its Volvo VNR Electric Class 8 battery-electric trucks. Prologis manages some 1.2 billion square feet of… Read more »
Japanese motor maker Nidec to build $715-million plant in Mexico
Japanese electric motor maker Nidec is planning to invest about $715 million to build a plant in Mexico to make electric car motors. CEO Shigenobu Nagamori told Nikkei that construction is expected to begin some time in the next two years, and that the company’s focus will be on manufacturing products in a region to… Read more »
Deutsche Post DHL orders 2,000 electric delivery vans from Ford Pro
Deutsche Post DHL Group is going electric—the German logistics giant plans to invest some 7 billion euros in electrification between now and 2030, by which date it aims to make 60% of its delivery vehicles zero-emission. The company currently operates a substantial number of Ford EVs at several locations around the world. Now DHL has… Read more »
BorgWarner to invest $500 million in Wolfspeed for its silicon carbide devices
Tier 1 supplier BorgWarner has formed a strategic partnership with silicon carbide specialist Wolfspeed. Under the multi-year agreement, BorgWarner will invest $500 million in Wolfspeed and will be entitled to up to $650 million worth of silicon carbide devices annually. BorgWarner expects to earn $4.5 billion in EV-related revenue by 2025—a huge increase compared to… Read more »
Urban Electric tests its retractable kerbside charge points in on-street trials
The UK has become a laboratory for developing various forms of on-street charging to serve the many residents who lack driveways or garages, and thus aren’t able to install EV chargers at home. One of the companies working in this space is Urban Electric, which makes a charging post that retracts under the pavement when… Read more »
Revel receives $50 million in financing to expand its Superhub fast charging network
Revel has secured $50 million in debt financing from BlackRock Alternatives, which it will use to grow its network of public EV fast-charging Superhubs in urban areas across the country. Revel opened its flagship Superhub in Bed-Stuy, Brooklyn in 2021, and the company plans to open additional sites in major US cities in 2023. All… Read more »
Price Waterhouse predicts electric trucks will take over by 2035
A new report from Price Waterhouse Coopers Strategy (PwC) predicts that zero-emission trucks will be outperforming legacy ICE trucks about a decade from now. The dawn of electrified trucking: Routes to decarbonising commercial vehicles forecasts that by 2030, zero-emission vehicles (battery-electric or fuel cell) will account for a third of all trucks in Europe, North… Read more »
Pilot and Volvo to build charging network for medium- and heavy-duty electric trucks
Pilot Company (formerly Pilot Flying J), which operates over 800 retail fuel stations, is moving with confidence into the EV charging space. Now the company has signed a letter of intent with the Volvo Group to develop a charging network open to all battery-electric Class 8 truck brands. Chargers will be located at select Pilot… Read more »
