Search Results Found For: "Volvo "

California project deploys 100 electric regional haul and drayage trucks

Regional haul and drayage trucks, which transfer loads to and from ports, warehouses and logistics hubs, are a perfect use case for EVs, and present opportunities for dramatic emissions reductions. The South Coast Air Quality Management District, along with other state agencies, has announced a project to deploy 100 battery-electric regional haul and drayage trucks… Read more »

Niron Magnetics raises $21 million to commercialize rare earth-free magnets

Niron Magnetics has raised $21.3 million in new financing from the Volvo Cars Tech Fund and Volta Energy Technologies. Existing investors include Anzu Partners and the University of Minnesota. Niron will use the funding to build a pilot production facility in Minnesota. Niron’s Clean Earth Magnet technology eliminates the need for rare earth minerals in… Read more »

2022 Hyundai Ioniq 5: First of an aggressive wave of new EVs

The 2022 Hyundai Ioniq 5 should be taken very seriously when it goes on sale this fall. It will be a new and likely very competitive entry in what will soon become a crowded field of EVs in the popular “compact crossover” segment.  It’s not the first such EV: the Ford Mustang Mach-E, Tesla Model… Read more »

Tesla Q2 earnings report: record billion-dollar income, delays for Semi and Cybertruck

The headline figure of Tesla’s second-quarter 2021 earnings report was a blockbuster: $1.1 billion in GAAP net income, a new record for the company and an astounding success for a young automaker. The milestone was reached thanks to the soaring sales of Models 3 and Y—the former is now outselling many gas burners in several… Read more »

Will the game-changing Tesla Semi really go into production this year?

A viable electric Class 8 truck would be a massive disruptor of the global transport system, and since the unveiling of the Tesla Semi in 2017, we’ve been on the edge of our ergonomic bucket seats, waiting for it to appear on highways. Alas, Tesla’s production schedule has suffered more delays than the LA Freeway…. Read more »

Former EPA exec surveys the road ahead for US emissions standards

Q&A with former EPA exec Margo Oge Federal emissions and fuel economy regulations have been instrumental in encouraging (or coercing) automakers to produce EVs, and to make their legacy vehicles cleaner. Since President Nixon signed the Clean Air Act in 1963, federal regulations aimed at reducing air pollution have gradually grown stronger. Under President Obama,… Read more »

European truck-makers pledge to phase out internal combustion vehicles by 2040

Several of Europe’s largest truck manufacturers have promised to stop selling ICE vehicles by 2040. The chief executives of Daimler, Scania, MAN, Volvo, DAF, IVECO and Ford have signed a pledge to phase out combustion engines and focus on hydrogen, battery technology and “clean fuels.” The industry will invest some 50 to 100 billion euros… Read more »

New emissions scandal? Tests show PHEVs emit more pollution than claimed

Sometimes it seems automakers will try any powertrain technology in order to avoid selling battery-electric vehicles. First diesels, then hydrogen, were touted as ways to reduce CO2 emissions while still maintaining the fill-er-up-with-fossil-fuel business model (and continuing to crank out the colossal SUVs that carmakers claim consumers crave). Many electric purists have long suspected that… Read more »

Updated rules will enable deployment of public heavy-duty EV charging stations in California

For the past two years, Volvo Trucks has been collaborating with the South Coast Air Quality Management District  and 13 other organizations on the Volvo LIGHTS project, which aims to develop a blueprint to introduce battery-electric Class 8 trucks and equipment into the market at scale. Now Volvo Trucks, along with project partners CALSTART, Trillium… Read more »

Did poor Honda e sales spur the decision to buy EV credits from Tesla?

Emissions regulations in the EU are getting tighter, and the law provides for substantial fines for automakers that can’t comply—in some cases, as much as €2,375 per car sold. This is the reason that European EV sales have been soaring, and European automakers have a massive number of new electrified models in their pipelines (did… Read more »