Search Results Found For: "demand charge"

Nissan uses bidirectional charging tech to power North American facilities

Bidirectional charging technology (vehicle-to-grid or vehicle-to-building) has the potential to help reduce utility costs by using EV batteries to store energy and release it at times of peak consumption. Now Nissan, in partnership with Fermata Energy, a vehicle-to-grid systems company, has launched a pilot program that uses LEAFs equipped with bidirectional charging capability to partially… Read more »

Mitsubishi Electric’s new energy-management system uses EVs to manage power generation

Mitsubishi Electric has developed an energy-management system capable of scheduling EV charging, discharging back into the grid, and optimizing the operation of PV and other power-generation systems according to the fluctuating unit price of electricity sold on the grid. A demonstration of the technology is underway at the company’s automotive factory in Changshu, China. The cost… Read more »

Wiggins Lift releases high-capacity electric forklift

Forklift manufacturer Wiggins Lift unveiled a fully electric industrial forklift, Yard eBull, at the recent Breakbulk Americas Show in Houston. The Yard eBull has a 30,000 to 70,000 lb capacity and is commercially available with a six-month lead time. Wiggins says the Yard eBull achieves higher capacities than other electric lifts by using high-voltage lithium-ion… Read more »

Tesla’s back! Q3 earnings report includes record revenue and healthy profit

Those of us who saw past the tweets and the alarmist headlines were expecting good news from Tesla’s third-quarter earnings report, as it became apparent that demand for Model 3 remains robust as the company emerges from production hell. However, even most true believers were expecting a small loss, or perhaps a nominal profit. Instead,… Read more »

AxleTech and Thor Trucks to develop heavy-duty e-powertrain system

Specialty powertrain manufacturer AxleTech is developing a heavy-duty e-powertrain system in partnership with Thor Trucks. The companies plan to integrate AxleTech’s e-axle technology with Thor’s proprietary battery technology to create a fully electric commercial vehicle powertrain. AxleTech provides integrated solutions for on-highway EVs, including Class 6, 7, and 8 trucks, as well as for transit… Read more »

European automakers fear EVs will eat into auto industry profits

Several new electric models made their debut at the recent Paris Motor Show, including PSA’s DS3 Crossback and the Mercedes EQC, but off the noisy show floor, away from the turntables, hors d’oeuvres and booth bunnies, executives are ruefully acknowledging that the transition to EVs will mean an end to the record profits of recent… Read more »

Electrify America announces second $200-million EV infrastructure investment plan for California

Electrify America has a $2-billion pot of money from naughty Volkswagen to invest in EV infrastructure, education and access programs. $800 of that is to be spent in California. In order to future-proof the program, EA is wisely dividing its investment into four phases. Now the company has announced its second $200-million round of investment… Read more »