Southern California-based medium-duty electric truck manufacturer Harbinger has received 4,000 binding pre-orders from customers that include Bimbo Bakeries USA, RV manufacturer THOR Industries, postal service operator Mail Management Services and several North American commercial vehicle dealers. These include Doggett Equipment Services Group (500 units), Campbell Supply (125 units), GATR Truck Center (500 units), ETHERO Truck… Read more »
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First Student electric school buses surpass 3 million miles driven
School transportation provider First Student, headquartered in Cincinnati, Ohio, has surpassed three million miles driven by its electric school buses. The company has deployed more than 330 electric buses to North American school districts and approved 1,108 more for order. It has a goal of transitioning 30,000 diesel school buses to electric by 2035. First… Read more »
Flexible Power Systems raises £2.7 million to bring electric fleet management platform to market
UK-based electric fleet software developer FPS has received a combination of equity investment and a £1.49-million loan from national innovation agency InnovateUK to advance the commercialization of its FPS Operate EV and charger management platform for commercial vehicle fleets and expand its use range. FPS Operate was originally developed for the van and transport refrigeration… Read more »
Isuzu to invest two billion bucks in electric trucks and batteries
Japanese automaker Isuzu is planning to invest nearly two billion dollars in electric trucks and batteries, according to EV news outlet Electrive. According to a regulatory filing, Korean battery giant LG Energy Solution will supply Isuzu with cylindrical cells through 2026 in a deal worth one trillion Korean won ($748 million). LG has been supplying… Read more »
Zūm raises $140 million for electric school bus platform
California-based student transportation services company Zūm has completed a $140-million Series E funding round led by Singapore-based global investment firm GIC. UK-headquartered decarbonization investor Climate Investment and existing investors including Sequoia and SoftBank Vision Fund 2 also participated. This latest round brings Zūm’s total funding to $350 million. The new funding will be used to… Read more »
Lincoln Electric launches Velion DC Fast Charger
Welding technology multinational Lincoln Electric has introduced its Velion DC Fast Charger for EVs. The Level 3 charger has been designed with industrial-grade components, provides output power of up to 150 kW, and has a charging efficiency of 95%, according to the company. The charger is manufactured with more than 75% domestic component content, according… Read more »
New York State opens applications for $100 million in funding for electric school buses
New York State is now taking applications for grant funding for electric school buses under the $4.2-billion Clean Water, Clean Air, and Green Jobs Environmental Bond Act of 2022. $100 million will be disbursed in this first tranche of a total $500 million authorized by the Bond Act. New York’s 2022 State of the State… Read more »
Electric Era raises $11.5 million to scale production of its EV fast charging stations for convenience stores
Electric Era, the manufacturer of PowerNode EV fast charging stations, has raised $11.5 million in a Series A financing round led by HSBC Asset Management. Other participants include SQM Lithium Ventures, Blackhorn Ventures and Proeza Ventures. The new funding brings the company’s total funding to $19 million. Electric Era will use the new funding to… Read more »
New York State allocates $12 million to advance EV adoption and electric grid integration
New York Governor Kathy Hochul has announced a $12-million initiative to support development and demonstration of innovative solutions that advance the adoption of EVs and their integration with the electric grid, as well as novel demonstrations of medium- and heavy-duty electric and hydrogen fuel cell technologies. The initiative is designed to help meet the state’s… Read more »
Senator Schumer takes Revel’s millionth electric ride in NYC
New York-based Revel leverages the synergies between urban public charging and ridesharing. The company operates two public EV fast charging Superhubs, and plans to add at least 130 more plugs by the end of 2023. The company launched its electric rideshare service in 2021, and currently has a fleet of about 300 EVs, including Tesla… Read more »