ZEV

NOVONIX Joins Accelerate Coalition to Foster Growing Battery Ecosystem in Canada

Retrieved on: 
Wednesday, June 14, 2023

“As a leading innovator in the global battery ecosystem, NOVONIX has shown what Canada can do.

Key Points: 
  • “As a leading innovator in the global battery ecosystem, NOVONIX has shown what Canada can do.
  • NOVONIX will help ensure the coalition speaks to work like this, including midstream testing and processing which is often overlooked, to help shape smart public policy and grow Canada’s battery ecosystem.
  • “The battery ecosystem in Canada is strong, and growing,” added Burns.
  • LINK: NOVONIX + Accelerate: The Future of Battery Innovation in North America

North America's Top 5 Class 6-8 Truck Manufacturers Annual Strategy Dossier Report 2023: Focus & Priorities, Key Strategies & Plans, SWOT, Trends & Growth Opportunities and Market Outlook - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 14, 2023

The "North America's Top 5 Class 6-8 Truck Manufacturers - Annual Strategy Dossier - 2023 - Strategy Focus & Priorities, Key Strategies & Plans, SWOT, Trends & Growth Opportunities and Market Outlook - Daimler (DTNA), Volvo (VTNA), Traton Group, PACCAR, Nikola Motor" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America's Top 5 Class 6-8 Truck Manufacturers - Annual Strategy Dossier - 2023 - Strategy Focus & Priorities, Key Strategies & Plans, SWOT, Trends & Growth Opportunities and Market Outlook - Daimler (DTNA), Volvo (VTNA), Traton Group, PACCAR, Nikola Motor" company profile has been added to ResearchAndMarkets.com's offering.
  • North American Class 6-8 Truck Market Projected to maintain its Cruising Speed & Growth Momentum in 2023 led by Strong Freight & Construction Activity, Emerging Replacement Demand for Ageing In-Service Fleets and Ongoing Transition towards Electrification amid an Uncertain Global Macroeconomic Environment and Production Capacity Constraints.
  • Additionally, automation, electrification and further evolution of connectivity based service models remain key areas of focus for the truck manufacturers.
  • The efforts have primarily been led by electrification, focused on both battery electric & hybrid technologies, with most industry OEMs transitioning towards series production & commercial deliveries of electric trucks.

Rising Affordability of Electric Vehicles Fuels Worldwide Boom in Commercial EV Market, Projected to Surpass US$680 Billion by 2027

Retrieved on: 
Tuesday, June 13, 2023

According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 billion in 2020 to more than US$682 billion by 2030.

Key Points: 
  • According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 billion in 2020 to more than US$682 billion by 2030.
  • "The growing affordability of EVs has been one of the biggest drivers for fleet electrification efforts.
  • One of the main factors driving the affordability of EVs, especially EV trucks, is the decreasing cost of battery technology.
  • UPS has also been an early adopter of EV trucks, with more than 12,000 electric and hybrid vehicles in its fleet worldwide.

Rising Affordability of Electric Vehicles Fuels Worldwide Boom in Commercial EV Market, Projected to Surpass US$680 Billion by 2027

Retrieved on: 
Tuesday, June 13, 2023

According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 billion in 2020 to more than US$682 billion by 2030.

Key Points: 
  • According to global technology intelligence firm ABI Research, the worldwide commercial Electric Vehicle (EV) market is projected to grow from US$30.7 billion in 2020 to more than US$682 billion by 2030.
  • "The growing affordability of EVs has been one of the biggest drivers for fleet electrification efforts.
  • One of the main factors driving the affordability of EVs, especially EV trucks, is the decreasing cost of battery technology.
  • UPS has also been an early adopter of EV trucks, with more than 12,000 electric and hybrid vehicles in its fleet worldwide.

Fisker Details Emission Credits Strategy for United States

Retrieved on: 
Tuesday, June 6, 2023

Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, is preparing to incorporate the sale of emission credits into its overall business strategy in the United States.

Key Points: 
  • Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, is preparing to incorporate the sale of emission credits into its overall business strategy in the United States.
  • View the full release here: https://www.businesswire.com/news/home/20230606005981/en/
    The Fisker Ocean all-electric SUV will generate emission credits in the US.
  • (Image credit: Fisker Inc.)
    “We are excited that as an all-electric startup, we can offer other carmakers competitive choices to obtain emission credits and remain in compliance with regulations in the US,” Chairman and CEO Henrik Fisker said.
  • Based on 2023’s target measurement, each Fisker Ocean sold will generate approximately 395 credits.

Lightning eMotors Showcasing Next-Gen Lightning Mobile Charging Solution at DFW Airport

Retrieved on: 
Tuesday, June 6, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230606005407/en/
    Lightning Mobile provides on-location EV charging that is applicable to situations commonly found at airports, such as Dallas Fort Worth International.
  • (Photo: Lightning eMotors)
    During Lightning’s five-day demonstration and evaluation period, Lightning Mobile will provide mobile charging capabilities for airport staff and customers in a variety of locations and settings, including the airport’s cellphone lot, valet parking lot, Uber/Lyft lot, DFW headquarters, and an employee parking lot.
  • “Our next-generation Lightning Mobile chargers address the growing need for readily available, flexible DC fast-charging solutions, especially during this important transitional period when charging infrastructure is still lacking,” said Lightning eMotors CEO Tim Reeser.
  • In addition to providing the much-needed charging solution for airport ground transportation, Lightning Mobile can also support mobile disaster relief and rescue and intermittent charging points at facilities like sports stadiums, which need an EV charging and power solution in various locations.

Minister Wilkinson Provides Spring Update on Support for Canadian EV Economy, Announces Nearly 3,000 New Chargers in Ontario

Retrieved on: 
Friday, May 26, 2023

To keep building Canada's network of EV chargers, the Honourable Jonathan Wilkinson, Minister of Natural Resources, today announced support for 30 Ontario-based partner organizations to help install up to 1,908 Level 2 and 100 Level 3 chargers.

Key Points: 
  • To keep building Canada's network of EV chargers, the Honourable Jonathan Wilkinson, Minister of Natural Resources, today announced support for 30 Ontario-based partner organizations to help install up to 1,908 Level 2 and 100 Level 3 chargers.
  • These new chargers will be installed at multi-use residential buildings (MURB), public places, fleets and workplaces.
  • The Government of Canada is also providing funding toward five existing EV projects with delivery organizations, which will install up to 1,328 new EV chargers.
  • Funding was also provided by the 30 organizations and their partners, bringing the total of these investments to over $35 million.

Europe Top 5 Medium & Heavy Truck Manufacturers Annual Strategy Dossier Report 2023 - ResearchAndMarkets.com

Retrieved on: 
Monday, May 22, 2023

The "Europe's Top 5 Medium & Heavy Truck Manufacturers - Annual Strategy Dossier - 2023 - Strategy Focus & Priorities, Key Strategies & Plans, SWOT, Trends & Growth Opportunities and Market Outlook - Daimler, Volvo, Traton, DAF, Iveco" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe's Top 5 Medium & Heavy Truck Manufacturers - Annual Strategy Dossier - 2023 - Strategy Focus & Priorities, Key Strategies & Plans, SWOT, Trends & Growth Opportunities and Market Outlook - Daimler, Volvo, Traton, DAF, Iveco" company profile has been added to ResearchAndMarkets.com's offering.
  • Insights into Daimler's medium term growth strategy aimed at boosting profitability to 10%+ level in the EU by 2025.
  • Volvo's rapid electrification of its heavy truck portfolio, focus on growing services business and plans to turn Asia and North America into key pivots of its medium term growth strategy
    4.
  • Trucking projected to maintain its cruising speed & overall growth momentum in 2023 with strong market drivers, indicators & fundamentals

Vanderbilt University to Deploy Lightning eMotors ZEV4™ Electric Shuttle Buses for Intercampus Transit

Retrieved on: 
Thursday, May 18, 2023

Lightning eMotors (NYSE: ZEV), a leading provider of zero-emission, medium-duty commercial vehicles and electric vehicle technology for fleets, announced today that it is supplying to Vanderbilt University six Lightning ZEV4™ electric shuttle buses.

Key Points: 
  • Lightning eMotors (NYSE: ZEV), a leading provider of zero-emission, medium-duty commercial vehicles and electric vehicle technology for fleets, announced today that it is supplying to Vanderbilt University six Lightning ZEV4™ electric shuttle buses.
  • The shuttles are expected to be delivered and deployed in Q2 2023 for the intercampus transportation service, VandyRide.
  • “A top 20 university nationally, Vanderbilt is renowned for its transformative approach to education and research.
  • “Vanderbilt is committed to lowering its carbon footprint, so switching to electric vehicles in our shuttle fleet is a top priority,” said Lindsey Ganson, assistant director of mobility at Vanderbilt University.

Lightning eMotors Enters Into a $50 Million Pre-Paid Advance Agreement With Yorkville Advisors Global L.P.

Retrieved on: 
Wednesday, May 17, 2023

Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that it has entered into a $50 million pre-paid advance agreement (the “PPA”) with an investment fund managed by Yorkville Advisors Global L.P.

Key Points: 
  • Lightning eMotors, Inc. (NYSE: ZEV), a leading provider of zero emission medium-duty commercial vehicles and electric vehicle technology for fleets, today announced that it has entered into a $50 million pre-paid advance agreement (the “PPA”) with an investment fund managed by Yorkville Advisors Global L.P.
    “We are excited to partner with Yorkville to help Lightning raise capital as needed to help us fund our growth,” said Tim Reeser, CEO of Lightning eMotors.
  • The initial Pre-Paid Advance of $2 million will be funded by Yorkville on the day the Company files its Form 10-Q for the period ended March 31, 2023.
  • In addition, Yorkville may not engage in short sales while Pre-Paid Advances are outstanding.
  • Copies of the prospectus supplement and accompanying prospectus may be obtained when filed with the SEC at the SEC’s website at www.sec.gov .