Equipmake launches new high-torque, direct drive electric motor for heavy duty commercial vehicles

Equipmake, has launched an all-new high torque electric motor designed specifically for use in heavy duty commercial vehicles, such as electric buses. Called the HTM 3500, the new motor combines high torque with low motor speeds, fitting directly onto …

Hyundai Motor Updates ‘Strategy 2025’ to Accelerate Transition into Smart Mobility Solution Provider

Hyundai Motor Company announced an updated roadmap for its future business Strategy 2025 at the ‘2020 CEO Investor Day’ forum held virtually in Seoul. The comprehensive mid- to long-term strategy—presented by President and CEO Wonhee Lee and other exec…

EVBox Group to Become Public Company via Business Combination with TPG Pace Beneficial Finance

TPG Pace Beneficial Finance Corp. has entered into a definitive agreement with ENGIE New Business S.A.S., a wholly owned subsidiary of ENGIE S.A. (“Engie”), to acquire its subsidiary EVBox Group for a combination of cash and equity. EVBox is a leading …

First Heavy Duty Fuel Cell Electric Trucks Set for Delivery to Pilot Program Customers at Ports of L.A. and Long Beach

Toyota’s next generation fuel cell electric technology is now powering a new set of Class 8 heavy-duty trucks. Using the same fuel cell system as the all-new 2021 Mirai sedan that goes on sale this month, the engineers at Toyota Motor North America Res…