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 »
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Canada looks to Norway for lessons in how to manage the transition to EVs
Norway is the world’s undisputed EV capital—roughly a quarter of all cars on its roads are now EVs, and the country is on track to end the sale of gas and diesel cars by 2025. Canada plans to end the sale of fossil-burners by 2035, and policymakers are looking to the Scandinavian country for answers… Read more »
USPS’s pilot of Canoo electric vans could signal opportunity for other commercial EV makers
EV startup Canoo seemed to have fallen off the media radar, until a recent volume order for its electric vans brought it back to the headlines. Now the company has announced another high-profile deal, this time with the United States Postal Service (USPS), which, after a decade or two of deliberation, finally appears to be… Read more »
Food company Mars to order 300 electric heavy-duty trucks
Some may think of Mars as a candy company (your correspondent has a weakness for peanut M&Ms), but it’s a food industry giant that owns 50 global brands, and operates a large truck fleet. Now the company has announced plans to put 300 heavy-duty electric trucks into operation in Europe by 2030, in partnership with… Read more »
Webinar: A strategic guide to location-driven profitability for EV infrastructure
The rapid rise of alternative energy vehicles has caused a seismic shift in the fuel market, offering unprecedented opportunities for operators of EV charging stations and opening new revenue streams for gas station owners, convenience stores, and retailers. Our webinar provides you with a nuanced understanding of the crucial role of location technology and data… Read more »
Battery-integrated chargers offer a cure for America’s weak electric infrastructure
Q&A with Alex Urist, Vice President of XCharge North America Battery storage, once considered a nifty additional feature for large-scale charging infrastructure projects, is steadily becoming de rigueur for public and commercial charging deployments of all sizes. Adding batteries to the system offers several benefits: coupled with on-site generation, it allows charging to be offered… Read more »
Voltage surge and transient suppression in EV chargers
Anything powered by an external source of electricity needs to be protected from voltage transients and surges, as it is not a question of whether such hazards will occur, but rather how often they will occur (and of what severity they will be). As might be expected, there are internationally agreed-upon regulations for surge and… Read more »
BMW’s hometown Munich plant to go all-EV as ICE vehicles pass their “tipping point”
BMW says its historic plant in Munich will produce only electric cars from 2027, following a €650-million investment in expansion and upgrades, including the construction of a new vehicle assembly line and a new body shop. BMW’s Munich plant opened in 1922, and produced motorcycles until car production began there in 1952. It currently produces… Read more »
Exclusive: Black Book used EV values to include Recurrent battery-condition data
The biggest question in buying a used EV is whether its battery is any good and how much range is left. We’re a little closer to an answer now. The Black Book used-car valuation service said Tuesday it would incorporate battery-condition data from Recurrent into its used-EV values. That data lets Black Book vary what… Read more »
US Postal Service unveils its first electric delivery vehicles and charging stations
What a long, strange trip it’s been. After deliberating about a long-overdue modernization of its vehicle fleet for nearly a decade, the US Postal Service (USPS) spent a couple more years trying to avoid complying with President Biden’s 2021 directive to electrify the federal vehicle fleet (of which USPS’s delivery fleet is the largest part)…. Read more »