Electric vehicle charging business Blink Charging Co. has agreed to acquire SemaConnect Inc., an electric vehicle infrastructure company, for $200 million in cash and stock, according to a statement June 14, confirming a Bloomberg News report.
June 14, 2022BusinessTechnologyEquipmentFuel
EV Startup Electric Last Mile Files Chapter 7 Bankruptcy
Electric Last Mile Solutions Inc. filed for Chapter 7 bankruptcy in Delaware, making it the first of the electric-vehicle startups that merged with special purpose acquisition companies to go out of business amid the recent market slump.
June 13, 2022GovernmentBusinessTechnologyFuelLogistics
New York Seeks Input on EV Charging Stations
Fleet operators and others in New York are being surveyed in a new website launched by Gov. Kathy Hochul to help the state submit a plan by Aug. 1 to gain federal electric vehicle infrastructure funds.
June 7, 2022BusinessTechnologyEquipment
Metal Prices May Set Back Race for Cheaper EVs
A surge in battery metal prices means it could take several years longer for electric vehicles to become as affordable as conventional cars, according to BloombergNEF.
June 1, 2022BusinessTechnologyFuelPerspective
Perspective: How Fleets Can Prepare for EVs
There are so many developments occurring in the electric vehicle space that it is becoming hard to keep up. But before fleets rush out to invest in battery-electric trucks, there are important things that need to be taken into account — and not all of the considerations are obvious at first glance. Fleets interested in EVs need to start preparing now.
May 24, 2022BusinessTechnologyEquipmentFuel
Experts Urge Preparation Now for Transition to EVs
SCOTTSDALE, Ariz. — Sometime in the 2020s or early 2030s a growing number of traditional longhaul trucks could be running on hydrogen fuel cell systems while vans and trucks running regional and local routes — in the 150- to 250-mile per day range or going in and out of ports — will rely on battery-electric propulsion systems.
May 23, 2022BusinessTechnologyFuel
Maker of Smaller, Lighter Electric Motors Attracts Investors
Infinitum Electric, an electric motor maker based in Texas, has attracted $80 million in investment from several major energy-focused firms, enabling it to boost production.
May 17, 2022BusinessTechnologyEquipmentFuel
The Big EV Charging Mystery: How Long Does It Take?
How long does it take to “fill up” an electric car? Well, that depends on the car … and the charger … and how many other cars are plugged into the charger … and how full the battery is to begin with … and, oh yeah, the weather matters, too.
April 27, 2022BusinessTechnologyFuel
US Electric-Vehicle Tax Credits to End for New Toyota Buyers
DETROIT — Toyota customers soon won’t be able to get U.S. federal tax credits for buying electric or hybrid vehicles.
April 7, 2022BusinessTechnologyEquipmentFuel
Experts Offer Advice on Spec'ing EVs for Fleets
ORLANDO, Fla. — Industry insiders offered a glimpse into what goes into spec’ing electric vehicles for commercial fleet operations during a panel session at the American Trucking Associations’ Technology & Maintenance Council’s 2022 Annual Meeting & Transportation Technology Exhibition March 8.
March 11, 2022