Octillion Power Systems, a Tier 1 supplier of energy storage systems for electric cars, trucks, and buses, has operations in the US, India and China. In India, the company has shipped more than 600 buses worth of batteries. In the US, Octillion supplies batteries to commercial fleet powertrain manufacturer Lightning Systems and other commercial OEMs…. Read more »
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Xcel Energy wants 1.5 million EVs in its midwestern service area by 2030
Utility holding company Xcel Energy, which serves customers in Colorado, Michigan, Minnesota, New Mexico, the Dakotas, Texas and Wisconsin, is hoping to have 1.5 million EVs in its service areas by 2030. This would represent 20% of all vehicles on the road, or about 30 times the number today. Xcel estimates that deploying 1.5 million… Read more »
Michigan awards $1.7 million in grants for DC fast chargers
The Michigan Department of Environment, Great Lakes, and Energy (EGLE) has awarded $1.7 million in grants for DC fast chargers along well-traveled routes around the state. The EGLE Charge Up Michigan Program grants will partially fund 36 EV DC fast charging stations with a total of 76 charging points. Charging stations have recently come online… Read more »
Tampa, Florida secures federal grant to deploy four electric buses
The Hillsborough Area Regional Transit Authority (HART), which serves the Tampa, Florida, metropolitan area, has secured a $2.7-million federal grant to buy four electric buses, which are expected to be in service in two years. The federal grant will cover half the total project cost, which also includes underground wiring and charging stations. HART and… Read more »
Optimal Electric Vehicles introduces the S1LF Low-Floor Shuttle Bus, featuring batteries from Proterra
Indiana-based Optimal has been providing engineering services to automotive OEMs for over 33 years. The company’s Engineering group has focused on EV system design since 2015. Now Optimal Electric Vehicles, a derivative firm, has joined the EV manufacturing game with its new electric S1LF Low-Floor Shuttle Bus. The S1LF integrates a quasi-purpose-built Ford E450 chassis… Read more »
New report: EVs will be a major disruptor for the US electric power sector
A new report from The Brattle Group finds that EVs will be a major disruptor for the US electric power sector. The group’s economists predict that the number of EVs in the US will increase from 1.5 million in 2020 to 10-35 million by 2030. They estimate that the electric power sector will need to… Read more »
Northvolt to supply €2 billion worth of green battery cells to BMW
The BMW Group has signed a long-term battery cell supply contract worth 2 billion euros with Swedish supplier Northvolt. The cells will be produced beginning in 2024 at the Northvolt Ett gigafactory, which is currently under construction in Skellefteå in northern Sweden. Northvolt Ett in Sweden is to go on line in 2021 with an… Read more »
Rivian raises $2.5 billion in new funding
Investors are pouring money into EV companies—as shares in Tesla, Nio and newly public Nikola soar, Rivian, which has attracted loads of media attention for its planned electric pickup and SUV, has raised $2.5 billion in new funding in a round led by T. Rowe Price. The company has raised about $6 billion in funding… Read more »
Motiv Power Systems delivers 9 electric trucks to Sacramento Community Resource Project
Motiv Power Systems has delivered 9 electric box trucks to Sacramento’s non-profit Community Resource Project (CRP). The e-trucks will be used to provide home energy audits, weatherization and HVAC services to low-income residents in an area where air quality is some of the worst in the country. Motiv’s all-electric chassis and software platform is designed… Read more »
IEA case study #2: electric buses in Santiago, Chile
The International Energy Agency’s Global EV Outlook is an annual publication that reports on the current state of electric mobility around the world. This year’s report notes the rapid proliferation of plug-in vehicles—from a mere 17,000 in 2010 to some 7.2 million in 2019. The growth has been concentrated in a few regions—47% of the… Read more »
