Passenger cars get most of the press, but heavy-duty vehicles are arguably even more in need of reducing emissions. In California, there’s a comprehensive (and complicated) plan to electrify everything. The California Air Resources Board (CARB) has announced up to $205 million in new grants for projects to advance clean freight technologies. The grants will… Read more »
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AVID Technology wins six new power electronics and motor contracts totaling £50 million per year
Power electronics and motor specialist AVID Technology has recently won several new contracts totaling £50 million per year. The largest contract is a £34-million deal to develop an integrated EV system for a Tier 1 automotive supplier. Others include a £3.5-million contract to develop and supply customized electric cooling pumps and a 5-year, £5-million deal to provide… Read more »
Lucid Motors scores $1 billion investment from Saudi fund
Lucid Motors has executed a billion-dollar investment agreement with the Public Investment Fund of Saudi Arabia (PIF). Lucid plans to use the funding to complete engineering development and testing of its Lucid Air luxury sedan, finish building its Arizona factory and begin production. Silicon Valley-based Lucid Motors, which has a number of former Tesla execs… Read more »
Proterra raises $155 million, will work with Daimler to electrify school buses
Electric bus maker Proterra, a company that we’ve often written about, has secured a new $155-million round of investment, co-led by Daimler (the exact amount Daimler invested has not been divulged). Along with the investment, Daimler and Proterra agreed to “explore the electrification of select Daimler heavy-duty vehicles. The first of these efforts will be… Read more »
Volkswagen announces We Share electric car sharing service in Berlin
Volkswagen plans to launch an electric car sharing service in several major cities under its We Share brand. The first fleet of vehicles will be rolled out in Berlin, and will include 1,500 e-Golf when the service begins operating in the second quarter of 2019, with an additional 500 e-up! to follow later. VW says… Read more »
SOLO electric three-wheeler coming to the US this fall
Things are happening at Vancouver-based EV manufacturer Electra Meccanica. The company, a descendant of Italian boutique automaker Intermeccanica, recently completed a $10-million public offering and began trading on NASDAQ. It is producing its unique SOLO EV in limited numbers, and is preparing to launch it in the US this fall. The SOLO is an electric… Read more »
Sila Nano raises $70 million in funding for silicon-dominant battery anodes
Battery specialist Sila Nanotechnologies has received $70 million in Series D funding from Sutter Hill Ventures, Next47 (backed by Siemens), and Amperex. Sila Nano will use the funding for the development and commercialization of its silicon-dominant anodes. Overall, Sila has raised $125 million from investors including Bessemer Venture Partners, Chengwei Capital, Matrix Partners, Samsung, and… Read more »
Efficient Drivetrains introduces new electric drivetrain for Type A school buses
Efficient Drivetrains, Inc. (EDI), which recently announced a plan to be acquired by Cummins, has introduced its EDI PowerDrive 4000ev, suited for Type-A school buses. The Class 4 offering rounds out the company’s electric school bus solution portfolio for the North American market, which now includes Types C, D, and A. With a captive ridership… Read more »
Port of San Diego demonstrates electric cargo vehicles, intelligent transportation systems
The Port of San Diego recently deployed two electric cargo vehicles as part of a project funded by the California Energy Commission (CEC) to accelerate the port’s transition to zero-emission transport. The CEC awarded nearly $6 million to the San Diego Port Tenants Association to demonstrate 10 vehicles and other sustainable freight technologies in and… Read more »
Harley-Davidson announces plan to produce new electric motorcycles
You might expect the Hawg to be the last vehicle in the world to go electric – and there will surely be large numbers of the Daytona crowd who cling to gasoline until the bitter end. However, there are at least two good reasons for Harley-Davidson (NYSE: HOG) to start introducing electric models. First, electric… Read more »
