Utility holding company LS Power will acquire charging network operator EVgo from Vision Ridge Partners. EVgo operates more than 750 charging sites with over 1,250 fast chargers across 34 states. The transaction is expected to close in early 2020. David Nanus, Co-Head of Private Equity at LS Power, said, “This acquisition provides LS Power the… Read more »
Author: Dyllan Furness
BYD and AMPLY Power launch charging infrastructure partnership
Chinese EV manufacturer BYD and charging infrastructure provider AMPLY Power will partner to support fleet operators’ transition to EVs. Geared towards transit agencies, shuttle bus operators, universities, school districts and municipalities, the partnership will offer joint products and services from the two companies. BYD President Stella Li said, “This partnership leads to a total and… Read more »
Duke Energy to provide $300,000 in grants for electric bus charging in North Carolina
Duke Energy will provide two transit agencies in the Triangle, North Carolina area with grants totaling $300,000 for electric bus charging stations. GoTriangle, which operates in Wake, Durham and, Orange counties, will receive $100,000 to put towards the installation of two charging stations for two buses scheduled to arrive by the end of 2019. GoRaleigh… Read more »
Idaho transit agency buys eight Proterra buses and charging stations
Idaho’s Valley Regional Transit (VRT) will purchase eight Proterra Catalyst 35-foot E2 electric buses and eight Proterra 125 kW charging systems. VRT is the first transit agency in Idaho to purchase electric buses, according to Proterra. With the new order, about one fourth of the agency’s fleet will be electric. Funding for the electric buses… Read more »
Valmet Automotive starts battery production in Finland
Valmet Automotive has started producing batteries at its plant in Salo, Finland, which the company converted from a cell phone manufacturing plant. Construction on the new battery plant began in May 2019. Valmet added new logistics facilities logistics and production lines. Full-scale production is scheduled for early next year. By that time, the company estimates… Read more »
Irizar launches next-gen electric bus
Spanish bus manufacturer Irizar launched the next generation of its electric bus at a recent bus fair. Available in 10-, 12-, 15- and 18-meter models, the new ie bus features weight reduction, higher passenger capacity, more efficient batteries, and new interior and exterior design, compared to the prior model. The new ie model has a… Read more »
Lightning Systems raises $41 million for electric powertrain production
Colorado-based Lightning Systems, a developer of electric drivetrains, has raised $41 million in a recent funding round led by BP Ventures. Private equity fund Cupola Infrastructure Income Fund contributed as a new investor. Lightning will use the funding to ramp up production of electric powertrains for Ford Transits, Ford E-450s, Ford F-59 step vans, Chevrolet… Read more »
Swindon to launch electric powertrain for low-volume sports cars
Swindon Powertrain will launch an 80 kW powertrain designed for low-volume sports cars. The high-power-density system will weigh 70 kg and measure 600 mm long, 440 mm wide, and 280 mm high. Funded by Niche Vehicle Network in partnership with electric motor manufacturer iNetic and automotive specialist Code, the new powertrain is scheduled to begin… Read more »
Electrify America and Lyft partner on EV rideshare charging
Electrify America and Lyft have partnered to provide users of Lyft’s Express Drive short-term car rental program access to Electrify America’s DC fast charging network. The project will commence in Denver, Colorado, where Express Drive users will have access to Electrify America’s 30 chargers at 7 DC fast charging stations. Electrify America intends to add… Read more »
Fujitsu’s new high-capacity power relay features arc extinguishing plate
Fujitsu has launched the FTR-E3 series, a 150-A power relay that offers a minimum mechanical life of 300,000 operations and minimum electric life of 30,000 operations. Measuring 45 mm long, 69 mm wide, and 63 mm high, the FTR-E3 series is a 1 Form X relay that features an arc extinguishing plate for arc suppression,… Read more »
