FedEx to electrify its delivery fleet by 2040

FedEx has announced a goal to achieve carbon-neutral operations by 2040. The delivery giant will invest $2 billion in vehicle electrification, sustainable energy and carbon sequestration. By 2040, FedEx says its entire parcel pickup and delivery (PUD) fleet will consist of electric vehicles. The goal will be met through phased programs to replace...

12h

Volta selects Meritor to supply electric drivetrains

Volta Trucks has selected Meritor to supply drivetrain components for the Volta Zero. This will support the delivery of Volta Zero vehicles for customer trials during 2021, and the start of series production in 2022. The company says its Volta Zero will be the first fully-electric large commercial vehicle in Europe to use an eAxle to drive the...

21h

EnergyHub partners with Potomac Edison to incentivize off-peak EV charging

EnergyHub, a provider of distributed energy resource (DER) solutions for utilities, is providing incentive management and secure data collection capabilities for Potomac Edison’s EV Driven charging station program. Potomac Edison, a subsidiary of FirstEnergy, serves about 270,000 customers in seven Maryland counties. EV Driven is a five-year...

21h

Ford CEO: US government needs to support domestic battery production

Ford CEO Jim Farley says the US government needs to support domestic battery production and the rollout of public charging infrastructure. “We need to bring large-scale battery production to the US,” Farley said at a recent financial conference, adding that he planned to bring up the issue in upcoming talks with government leaders. The coming...

21h

Oshkosh partners with Microvast to strengthen electrification capabilities

Oshkosh, a maker of specialty trucks and equipment, has announced an investment in Microvast, a provider of battery technologies for commercial and specialty EVs.  Oshkosh will make a $25-million private investment in public equity, or PIPE, in Microvast, which announced a merger with Tuscan Holdings on February 1. Oshkosh and Microvast have...

21h

New report assesses the state of the global battery market

In its latest biannual report, Adamas Intelligence provides an overview of the global EV market over the past half-year (2020 H2) and its implications on the battery and battery materials supply chains. Among the findings: In 2020 H2, global passenger EV registrations grew by 58% versus the same period the year prior, amounting to 3.53...

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As ChargePoint debuts on the NYSE, investors ponder the prospects of charging infrastructure providers

ChargePoint Holdings, one of the largest players in the EV infrastructure field, has gone public through a business combination with Switchback Energy Acquisition. The company now trades on the New York Stock Exchange under the symbol CHPT. In honor of the historic moment, CEO Pasquale Romano got to (virtually) ring the NYSE opening bell. The...

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Battery developer Enevate raises $81 million in Series E funding round

Enevate, a pioneer in silicon-dominant Li-ion battery tech, has secured $81 million in a Series E funding round led by Fidelity Management & Research. Existing investors Mission Ventures and Infinite Potential Technologies also participated. The latest round brings Enevate’s total funding to $191 million. Enevate will use the investment to...

1d

Eaton launches e-drive gearing design services

Eaton has announced that its Vehicle Group is developing EV gearing solutions, drawing on its experience in producing transmissions and contract-manufactured gear sets for passenger and commercial vehicles. The company’s new technology complements its eMobility power electronics portfolio in the EV powertrain market. “We are partnering with OEM...

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Gate driver module conveniently meets the needs of challenging power systems (whitepaper)

Sponsored by Silicon Labs Designing high-voltage power conversion systems today is both more challenging and more convenient than it has been in the past. More challenging because the demands of efficiency and power density require the use of the most bleeding-edge technologies available. More convenient because those advanced technologies, necessary...

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