Search Results Found For: "Lion Electric"

Flying electric: Both startups and industry giants push ahead with electric airplanes

In the popular imagination, aviation represents the last frontier for electrification. Considering the weight and limited range of batteries, an electric airplane might seem practically impossible. However, while electric long-haul airliners probably lie pretty far in the future, the fact is that, in some applications, the technical obstacles to electrified aircraft are not as formidable… Read more »

Navigant Research says $80 billion will be spent on global EV infrastructure by 2025

According to a new report from Navigant Research, spending on global EV infrastructure will amount to over $80 billion by the end of 2025, funding the deployment of nearly 230 GW of charging capacity. According to the report, stakeholders with the ability to invest in large-scale deployments – such as governments, utilities, and automakers –… Read more »

Startup with former Tesla execs to introduce a commercial electric truck this fall

A new player has popped up to join the growing ranks of commercial EV makers. California-based Chanje has assembled a team of execs with impressive experience in the EV industry. President Ian Gardner is an alumnus of the Boston Consulting Group, Duke Energy and the Los Angeles Clean Tech Incubator. COO Joerg Sommer has been… Read more »

BorgWarner to acquire Sevcon for $200 million

Auto supply giant BorgWarner plans to acquire Sevcon, a manufacturer of controls and battery chargers for electric and hybrid vehicles. Subject to shareholders’ approval, BorgWarner will acquire all of Sevcon’s common stock for $22 per share in cash, for an expected total price of $200 million. Sevcon’s products control on- and off-road vehicle speed and… Read more »

Los Angeles buys 95 electric buses, plans emissions-free fleet by 2030

In the first step towards a new goal of eliminating tailpipe emissions by 2030, the Los Angeles Metropolitan Transportation Authority has agreed to spend $138 million to buy 95 electric buses from New Flyer and BYD. The new e-buses will make up less than 5% of Metro’s fleet, but the purchase will at least double… Read more »

Electrovaya receives million-euro follow-on order for Li-ion cells

Ontario-based battery manufacturer Electrovaya has sold €1 million ($1.14 million) worth of lithium-ion cells to an EV producer in Europe. Electrovaya, through its subsidiary Litarion, produces cells, electrodes and Separion ceramic separators. It has a manufacturing capacity of about 500 MWh of cells per year. “This follow-on order…underlines the strong commercial performance of our cells,… Read more »

Park City Transit deploys six Proterra electric buses under battery-leasing arrangement

Park City Transit has deployed a battery-electric mass transit fleet that will include six Proterra Catalyst FC+ buses. A free transit service called the Electric Xpress will provide clean, quiet transportation to residents and tourists throughout the region’s ski resort community. Park City has one of the nation’s most ambitious climate targets – its goal… Read more »

BMW i Ventures makes strategic investment in electric bus company Proterra

Electric bus manufacturer Proterra has closed a Series 6 round of funding, raising $55 million from various investors, including BMW i Ventures. Proterra will use the new money to increase production at its manufacturing facilities in South Carolina and Los Angeles, and to boost R&D efforts at company headquarters in Silicon Valley. For BMW i… Read more »

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