New York City has finalized a new contract to operate its fleet of school buses, and an electric bus pilot project is part of the plan. The five-year contract, which involves 41 companies, half a dozen municipal agencies, several labor unions, and a budget of $1.5 billion per year, will govern school bus operations in… Read more »
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French startup Electra raises €15 million, aims to deploy 1,000 ultra-fast stations by 2030
French charging startup Electra has raised €15 million from venture capital and business angel investors. The company aims to roll out 1,000 ultra-fast DC charging stations by 2030, beginning with a batch of 50 to be deployed within a year. This first round of financing will enable the company to meet its deployment objectives in… Read more »
Moscow stops buying diesel buses, will have 1,000 electric buses by the end of 2021
Moscow boasts the largest fleet of electric transit buses in Europe. By the end of 2021, there will be 1,000 e-buses on the streets of the Russian capital. Now the Moscow transit authority reports that it will generally buy no more diesel buses. “Starting this year, by the decision of the Mayor of Moscow, we… Read more »
FTA’s 2021 Low-No Grant program funds 49 electric transit projects, including 10 Proterra bus purchases
The Federal Transit Administration (FTA) has announced a new $182-million round of funding for transit electrification projects under the Low- or No-Emission (Low-No) Grant program, which supports transit agencies in purchasing or leasing low- or no-emission buses and other transit vehicles. A total of 49 projects in 46 states and territories will receive funding in… Read more »
bp invests $7 million in EV charging firm IoTecha
bp ventures has invested $7 million in smart charging specialist IoTecha, leading a $13.2-million investment round. This investment is aligned with bp’s stated aim to provide over 70,000 public EV charging points worldwide by 2030. IoTecha will use the new investment to scale its operations through bp’s electrification network. Shaun Healey, bp ventures Principal, will… Read more »
Drive Electro to supply components for another 200 electric buses in Moscow
Russia may not be thought of as an EV hotspot, but it appears that Moscow boasts the most charged bus system in Europe—the capital’s transit fleet includes 600 battery-electric buses, and that number is slated to increase to 1,000 vehicles by the end of the year. Most of the batteries and propulsion equipment for the… Read more »
Proterra to deliver 42 electric buses and 75 chargers to Miami-Dade transit agency
Proterra (NASDAQ: PTRA) and Miami-Dade County have announced a major fleet electrification project. The Florida metropolis will acquire an additional 42 Proterra ZX5+ electric transit buses, bringing its total fleet of Proterra electric buses to 75. Proterra will install 75 of its branded chargers, packing a total of 9 megawatts of power, at 3 bus… Read more »
Leasing firm Avolon to buy up to 500 electric VTOL aircraft
Aircraft leasing company Avolon has placed an order for up to 500 electric eVTOL aircraft from Vertical Aerospace. The companies say the sale will introduce the ultra-short-haul aircraft category to commercial aviation. The two companies will collaborate throughout the development, certification and commercial roll-out of the VA-X4, a piloted, zero-emissions electric Vertical Take Off and… Read more »
Report: California needs 1.2 million EV chargers by 2030
A new analysis from the California Energy Commission (CEC) predicts that the state will need nearly 1.2 million public and shared chargers by 2030 to meet the demands of the 7.5 million passenger plug-in vehicles expected to be on California roads at that time. Assembly Bill 2127, “Electric Vehicle Charging Infrastructure Assessment,” examines charging needs… Read more »
Hyundai IONIQ 5 electric crossover, with vehicle-to-load feature, coming to the US this fall
Hyundai Motor North America has unveiled the new IONIQ 5, an electric crossover that’s headed to the US this fall. IONIQ 5 is based on Hyundai’s Electric-Global Modular Platform. Its design drew inspiration from Hyundai’s 45 EV concept, which debuted at the 2019 International Motor Show in Frankfurt. The new crossover is part of Hyundai’s… Read more »
