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CATL and its Brunp Recycling subsidiary are setting up JV for cathode materials

Company News India - Sun, 09/08/2019 - 05:58

In a move which will enable Chinese battery manufacturer CATL to expand its raw material supply, a joint venture for cathode materials is being set up by the company with its subsidiary Brunp Recycling. CATL holds 28.5% of Brunp Recycling.

The joint venture will be called Ningbo Brunp CATL New Energy, and will be based in Ningbo in Zhejiang province.

According to the information shared by CATL, the share capital of Ningbo Brunp CATL New Energy will be 3.6 billion yuan (approximately EUR 457 million). Both CATL and Brunp Recycling will provide the share capital of the joint venture in full, though the exact distribution has not been revealed.

The key objective of Ningbo Brunp CATL New Energy will be research and development (R&D). In addition, the joint venture will also focus on the sale of battery materials as well as other “relevant materials” like cobalt and nickel. There is presently no timeline revealed by CATL about when the first products of the joint venture will be showcased.

CATL’s intent behind setting up the joint venture with its Brunp Recycling subsidiary is to consolidate the supply of cathode materials. Against the backdrop of the joint venture move, CATL Europe Co-President Matthias Zentgraf highlighted the company’s sustainability strategy, and said: “In line with the growing interest in e-mobility, we continue to strive to develop new and improved technologies that meet the needs of automotive manufacturers.”

Business: Company UpdatesEnergy SectorCompanies: CATLRegion: ChinaGeneral: FeaturedTNM

CATL and its Brunp Recycling subsidiary are setting up JV for cathode materials

Asia News - Sun, 09/08/2019 - 05:58

In a move which will enable Chinese battery manufacturer CATL to expand its raw material supply, a joint venture for cathode materials is being set up by the company with its subsidiary Brunp Recycling. CATL holds 28.5% of Brunp Recycling.

The joint venture will be called Ningbo Brunp CATL New Energy, and will be based in Ningbo in Zhejiang province.

According to the information shared by CATL, the share capital of Ningbo Brunp CATL New Energy will be 3.6 billion yuan (approximately EUR 457 million). Both CATL and Brunp Recycling will provide the share capital of the joint venture in full, though the exact distribution has not been revealed.

The key objective of Ningbo Brunp CATL New Energy will be research and development (R&D). In addition, the joint venture will also focus on the sale of battery materials as well as other “relevant materials” like cobalt and nickel. There is presently no timeline revealed by CATL about when the first products of the joint venture will be showcased.

CATL’s intent behind setting up the joint venture with its Brunp Recycling subsidiary is to consolidate the supply of cathode materials. Against the backdrop of the joint venture move, CATL Europe Co-President Matthias Zentgraf highlighted the company’s sustainability strategy, and said: “In line with the growing interest in e-mobility, we continue to strive to develop new and improved technologies that meet the needs of automotive manufacturers.”

Business: Company UpdatesEnergy SectorCompanies: CATLRegion: ChinaGeneral: FeaturedTNM
Categories: Asia News

Chinese government aiming at 1 million FCEV registrations by 2030

Company News India - Sun, 09/08/2019 - 05:54

According to a report by the South China Morning Post, the Chinese government is aiming for an ambitious target of getting 1 million fuel cell vehicles (FCEVs) on the roads by the year 2030. Towards that end, an interim target of 50,000 FCEVs has been set by the government for 2025.

In order to achieve its ambitious FCEV registrations target, the Chinese government is planning to promote the adoption of FCEVs in the country by offering massive subsidies to potential buyers in several provinces.

According to the report, subsidies to the amount of 160,000 yuan (approximately EUR 20,300) per FCEV will be offered to buyers in 17 provinces in 2019. Buyers of commercial FCEVs in the 17 provinces will each get subsidies of up to 400,000 yuan (EUR 50,800).

In addition to the subsidies on the purchase of FCEVs, the construction of hydrogen filling stations will also be subsidized by local authorities in ten cities. The subsidy for each hydrogen filling station constructed in the ten cities will go up to 4 million yuan (EUR 508,300).

The Chinese government’s move to subsidize FCEV purchases is aimed at achieving the ambitious 1 million FCEV target by 2030. With only 1,791 FCEVs registered in the country in end-2018, the government apparently assumes that FCEV registrations will record a moderate growth to 50,000 units by 2025, and will grow rapidly thereafter to record a staggering number of 950,000 registrations in the subsequent five years.

Region: ChinaBusiness: Auto SectorGeneral: FeaturedTNMCleanTech

Chinese government aiming at 1 million FCEV registrations by 2030

Asia News - Sun, 09/08/2019 - 05:54

According to a report by the South China Morning Post, the Chinese government is aiming for an ambitious target of getting 1 million fuel cell vehicles (FCEVs) on the roads by the year 2030. Towards that end, an interim target of 50,000 FCEVs has been set by the government for 2025.

In order to achieve its ambitious FCEV registrations target, the Chinese government is planning to promote the adoption of FCEVs in the country by offering massive subsidies to potential buyers in several provinces.

According to the report, subsidies to the amount of 160,000 yuan (approximately EUR 20,300) per FCEV will be offered to buyers in 17 provinces in 2019. Buyers of commercial FCEVs in the 17 provinces will each get subsidies of up to 400,000 yuan (EUR 50,800).

In addition to the subsidies on the purchase of FCEVs, the construction of hydrogen filling stations will also be subsidized by local authorities in ten cities. The subsidy for each hydrogen filling station constructed in the ten cities will go up to 4 million yuan (EUR 508,300).

The Chinese government’s move to subsidize FCEV purchases is aimed at achieving the ambitious 1 million FCEV target by 2030. With only 1,791 FCEVs registered in the country in end-2018, the government apparently assumes that FCEV registrations will record a moderate growth to 50,000 units by 2025, and will grow rapidly thereafter to record a staggering number of 950,000 registrations in the subsequent five years.

Region: ChinaBusiness: Auto SectorGeneral: FeaturedTNMCleanTech
Categories: Asia News

VW ID.3 special edition, limited to 30,000 units, is out of stock

Company News India - Sun, 09/08/2019 - 05:46

In a recent statement released shortly ahead of the upcoming IAA event this week, German automaker Volkswagen (VW) has revealed that its limited special edition of the ID.3 is now out of stock.

The statement is noteworthy because it implies that VW ID.3 special edition has sold out even before the start of the IAA, the event at which the model is to be officially unveiled. The ID.3 is Volkswagen’s first new model with the brand’s new logo.

The ID.3 special edition or the ID.3 1ST was introduced by Volkswagen at a launch event held in Berlin in May 2019. The automaker plans to manufacture only 30,000 units of the special edition model, which will have a driving range of up to 420 km (WLTP). The model will be available with a ‘free to charge’ advantage for one year (or up to 2,000 kWh) at charging stations with VW’s WeCharge service.

In its recent disclosure that the ID.3 1ST edition is already sold out, Volkswagen said that it has registered more than 30,000 reservations for the special edition. Interested parties have been able to reserve the ID.3 1ST edition without the requirement of a EUR 1,000 deposit.

According to the details released by Volkswagen, the ID.3 1ST edition has chiefly been ordered by potential customers in Germany, Norway, Sweden, Great Britain, and the Netherlands. Volkswagen will contact the reservation holders in autumn and spring, to enable them to make a binding order from the reservation at the dealerships.

Business: Auto SectorCompanies: VolkswagenRegion: GermanyGeneral: FeaturedTNMProduct Launch

VW ID.3 special edition, limited to 30,000 units, is out of stock

Asia News - Sun, 09/08/2019 - 05:46

In a recent statement released shortly ahead of the upcoming IAA event this week, German automaker Volkswagen (VW) has revealed that its limited special edition of the ID.3 is now out of stock.

The statement is noteworthy because it implies that VW ID.3 special edition has sold out even before the start of the IAA, the event at which the model is to be officially unveiled. The ID.3 is Volkswagen’s first new model with the brand’s new logo.

The ID.3 special edition or the ID.3 1ST was introduced by Volkswagen at a launch event held in Berlin in May 2019. The automaker plans to manufacture only 30,000 units of the special edition model, which will have a driving range of up to 420 km (WLTP). The model will be available with a ‘free to charge’ advantage for one year (or up to 2,000 kWh) at charging stations with VW’s WeCharge service.

In its recent disclosure that the ID.3 1ST edition is already sold out, Volkswagen said that it has registered more than 30,000 reservations for the special edition. Interested parties have been able to reserve the ID.3 1ST edition without the requirement of a EUR 1,000 deposit.

According to the details released by Volkswagen, the ID.3 1ST edition has chiefly been ordered by potential customers in Germany, Norway, Sweden, Great Britain, and the Netherlands. Volkswagen will contact the reservation holders in autumn and spring, to enable them to make a binding order from the reservation at the dealerships.

Business: Auto SectorCompanies: VolkswagenRegion: GermanyGeneral: FeaturedTNMProduct Launch
Categories: Asia News

Porsche unveils final production version of ‘Taycan’ all-electric car

Company News India - Sun, 09/08/2019 - 05:44

German automaker Porsche officially unveiled the final production version its first all-electric car -- the ‘Taycan’ -- on Wednesday, September 4, 2019. The Taycan unveiling comes nearly four years after the introduction of the vehicle’s ‘Mission E’ concept version.

At the unveiling event, Porsche introduced two high-performance variants of the Taycan --- the Taycan Turbo and the Taycan Turbo S. The automaker has revealed that the cost of the 670 horsepower Turbo variant will start at around $151,000, while the 751 horsepower Turbo S pricing will begin at nearly $185,000. The deliveries of the Turbo and the Turbo S will commence by the end of 2019.

Porsche also said that other lower-cost and low-power variants of the Taycan will be launched later this year. In addition, the automaker will also offer an electric crossover SUV -- the Taycan Cross Turismo -- from late 2020.

In officially unveiling the high-performance Taycan versions, Porsche has revealed the features and key specifications of the forthcoming all-electric car. According to the details shared by Porsche, the Taycan specifications include a 93.4 kWh battery pack, two electric motors capable of producing up to 617 horsepower, 265 kW regenerative braking capacity, two-speed transmission, up to 450 km driving range (WLTP), and top track speed of 260 km/h.

The Taycan will have 270 kW peak charge rate, and 2.8 seconds 0-100 km/h acceleration. The electric car will have five driving modes --- Sport, Sport Plus, Normal, Individual, and Range.

Business: Auto SectorCompanies: PorscheRegion: GermanyGeneral: FeaturedTNMProduct Launch

Porsche unveils final production version of ‘Taycan’ all-electric car

Asia News - Sun, 09/08/2019 - 05:44

German automaker Porsche officially unveiled the final production version its first all-electric car -- the ‘Taycan’ -- on Wednesday, September 4, 2019. The Taycan unveiling comes nearly four years after the introduction of the vehicle’s ‘Mission E’ concept version.

At the unveiling event, Porsche introduced two high-performance variants of the Taycan --- the Taycan Turbo and the Taycan Turbo S. The automaker has revealed that the cost of the 670 horsepower Turbo variant will start at around $151,000, while the 751 horsepower Turbo S pricing will begin at nearly $185,000. The deliveries of the Turbo and the Turbo S will commence by the end of 2019.

Porsche also said that other lower-cost and low-power variants of the Taycan will be launched later this year. In addition, the automaker will also offer an electric crossover SUV -- the Taycan Cross Turismo -- from late 2020.

In officially unveiling the high-performance Taycan versions, Porsche has revealed the features and key specifications of the forthcoming all-electric car. According to the details shared by Porsche, the Taycan specifications include a 93.4 kWh battery pack, two electric motors capable of producing up to 617 horsepower, 265 kW regenerative braking capacity, two-speed transmission, up to 450 km driving range (WLTP), and top track speed of 260 km/h.

The Taycan will have 270 kW peak charge rate, and 2.8 seconds 0-100 km/h acceleration. The electric car will have five driving modes --- Sport, Sport Plus, Normal, Individual, and Range.

Business: Auto SectorCompanies: PorscheRegion: GermanyGeneral: FeaturedTNMProduct Launch
Categories: Asia News

BMW to discontinue hybrid i8 production by April 2020

Company News India - Sun, 09/08/2019 - 05:33

In a recent press release, German automaker BMW has indicated that it will stop producing its i8 plug-in hybrid sports car from April 2020.

The disclosure of the imminent discontinuation of production of the hybrid i8 sports car was announced somewhat discreetly by BMW in the press release. The automaker said: “The Ultimate Sophisto Edition will escort the world’s most successful plug-in hybrid sports car since its launch in 2014 onto the finishing straight; production of the i8 will come to an end, as scheduled, in April 2020.”

The press release by BMW largely focused on the new special models for the i8 and the all-electric i3. The pricing of the special models has not been revealed by the automaker.

According to rumors, the new special model of the i8 is likely to hit the markets in 2022. BMW will produce only 200 units of the special model, in coupe and roadster variants. The special model will also apparently be a plug-in hybrid vehicle, but will be outfitted with a more powerful 250 kW combustion engine and a 150 kW electric motor. It will feature 20-inch bicolour alloy wheels, a special paint finish, and ‘E-Copper’ color accents.

Meanwhile, the special model of the i3 in the RoadStyle edition will also come with 20-inch rims, along with E-Copper accents, ‘Fluid Black’ car paint, and interior based on the ‘Suite’ equipment. BMW will produce a “limited edition” of less than 1,000 units of the special i3 model.

Business: Auto SectorCompany NewsCompanies: BMWRegion: GermanyGeneral: FeaturedTNM

BMW to discontinue hybrid i8 production by April 2020

Asia News - Sun, 09/08/2019 - 05:33

In a recent press release, German automaker BMW has indicated that it will stop producing its i8 plug-in hybrid sports car from April 2020.

The disclosure of the imminent discontinuation of production of the hybrid i8 sports car was announced somewhat discreetly by BMW in the press release. The automaker said: “The Ultimate Sophisto Edition will escort the world’s most successful plug-in hybrid sports car since its launch in 2014 onto the finishing straight; production of the i8 will come to an end, as scheduled, in April 2020.”

The press release by BMW largely focused on the new special models for the i8 and the all-electric i3. The pricing of the special models has not been revealed by the automaker.

According to rumors, the new special model of the i8 is likely to hit the markets in 2022. BMW will produce only 200 units of the special model, in coupe and roadster variants. The special model will also apparently be a plug-in hybrid vehicle, but will be outfitted with a more powerful 250 kW combustion engine and a 150 kW electric motor. It will feature 20-inch bicolour alloy wheels, a special paint finish, and ‘E-Copper’ color accents.

Meanwhile, the special model of the i3 in the RoadStyle edition will also come with 20-inch rims, along with E-Copper accents, ‘Fluid Black’ car paint, and interior based on the ‘Suite’ equipment. BMW will produce a “limited edition” of less than 1,000 units of the special i3 model.

Business: Auto SectorCompany NewsCompanies: BMWRegion: GermanyGeneral: FeaturedTNM
Categories: Asia News

Fraunhofer ISE develops EV solar roof with highly efficient solar cells

Company News India - Sun, 09/08/2019 - 05:28

Germany-based Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has developed solar roofing for electric vehicles (EVs), in an apparent effort to increase their driving range.

The solar roofing for EVs will be introduced by Fraunhofer ISE at the upcoming IAA event in Frankfurt this month. At the event, the Institute will present two solar EV roofs in different colors.

The EV solar roofing developed by Fraunhofer ISE -- located in Freiburg -- comprises highly efficient solar cells which can be incorporated into the pre-formed solar roof in an unnoticeable manner by coating the roof in any color. The cells can lead to a considerable increase in EV driving range, specifically over short distances.

According to the details shared by Fraunhofer ISE, the solar roof for EVs have a rated output of nearly 210 W/m². Therefore, on a sunny day, the roof can supply a mid-range EV with enough electricity to travel approximately 10 km. As per the Institute’s projections, the solar roof can extend the range of an EV by “about 10 per cent” over a year.

About the rationale behind the potential use of solar roofs in EVs, Fraunhofer ISE Director Andreas Brett said that it is important to “realise a CO2-free energy supply in all sectors.” Brett further added: “In the future, solar modules will be integrated into our already built environment even more, for example into vehicles.”

Business: Energy SectorCompanies: Fraunhofer ISERegion: GermanyGeneral: FeaturedTNMCleanTech

Fraunhofer ISE develops EV solar roof with highly efficient solar cells

Asia News - Sun, 09/08/2019 - 05:28

Germany-based Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has developed solar roofing for electric vehicles (EVs), in an apparent effort to increase their driving range.

The solar roofing for EVs will be introduced by Fraunhofer ISE at the upcoming IAA event in Frankfurt this month. At the event, the Institute will present two solar EV roofs in different colors.

The EV solar roofing developed by Fraunhofer ISE -- located in Freiburg -- comprises highly efficient solar cells which can be incorporated into the pre-formed solar roof in an unnoticeable manner by coating the roof in any color. The cells can lead to a considerable increase in EV driving range, specifically over short distances.

According to the details shared by Fraunhofer ISE, the solar roof for EVs have a rated output of nearly 210 W/m². Therefore, on a sunny day, the roof can supply a mid-range EV with enough electricity to travel approximately 10 km. As per the Institute’s projections, the solar roof can extend the range of an EV by “about 10 per cent” over a year.

About the rationale behind the potential use of solar roofs in EVs, Fraunhofer ISE Director Andreas Brett said that it is important to “realise a CO2-free energy supply in all sectors.” Brett further added: “In the future, solar modules will be integrated into our already built environment even more, for example into vehicles.”

Business: Energy SectorCompanies: Fraunhofer ISERegion: GermanyGeneral: FeaturedTNMCleanTech
Categories: Asia News

CNH Industrial invests $250M in e-truck start-up Nikola

Company News India - Sun, 09/08/2019 - 05:25

In a recent statement, UK-headquartered capital goods company CNH Industrial has revealed that it is making a $250-million investment in US startup Nikola, which specializes in the production of electric trucks.

CNH Industrial is one of the biggest capital goods companies in the world. The company was created in 2013, as a result of a merger of GNH Global and Fiat Industrial due to the Fiat Group restructuring move. CNH Industrial’s commercial vehicle brands include Iveco Bus, Steyr, New Holland, Magirus, and Hueliez Bus.

The $250-million investment by CNH Industrial in Nikola is part of the US startup’s latest funding round. Nikola is looking to secure more than $1 billion in capital in the funding round.

Along with the financial transaction with Nikola, CNH Industrial’s commercial vehicle and powertrain brands Iveco and FPT Industrial will provide development and production expertise to Nikola to help the startup commercialize its planned fuel cell and battery trucks. The expertise will facilitate Nikola’s North America launch of its Nikola One and Nikola Two models, among other electric vehicles.

Furthermore, CNH Industrial and Nikola are also planning to establish a joint venture in Europe, initially for developing the ‘Nikola Tre’ fuel cell heavy-duty truck for the European markets. Nikola has revealed that the joint venture will integrate its fuel-cell speciality, technologies for hydrogen storage onboard, infotainment, control units, and the development of over-the-air upgrades.

Business: Auto SectorCompany UpdatesCompanies: Nikola Motor CompanyCNH IndustrialRegion: United StatesGeneral: FeaturedTNM

CNH Industrial invests $250M in e-truck start-up Nikola

Asia News - Sun, 09/08/2019 - 05:25

In a recent statement, UK-headquartered capital goods company CNH Industrial has revealed that it is making a $250-million investment in US startup Nikola, which specializes in the production of electric trucks.

CNH Industrial is one of the biggest capital goods companies in the world. The company was created in 2013, as a result of a merger of GNH Global and Fiat Industrial due to the Fiat Group restructuring move. CNH Industrial’s commercial vehicle brands include Iveco Bus, Steyr, New Holland, Magirus, and Hueliez Bus.

The $250-million investment by CNH Industrial in Nikola is part of the US startup’s latest funding round. Nikola is looking to secure more than $1 billion in capital in the funding round.

Along with the financial transaction with Nikola, CNH Industrial’s commercial vehicle and powertrain brands Iveco and FPT Industrial will provide development and production expertise to Nikola to help the startup commercialize its planned fuel cell and battery trucks. The expertise will facilitate Nikola’s North America launch of its Nikola One and Nikola Two models, among other electric vehicles.

Furthermore, CNH Industrial and Nikola are also planning to establish a joint venture in Europe, initially for developing the ‘Nikola Tre’ fuel cell heavy-duty truck for the European markets. Nikola has revealed that the joint venture will integrate its fuel-cell speciality, technologies for hydrogen storage onboard, infotainment, control units, and the development of over-the-air upgrades.

Business: Auto SectorCompany UpdatesCompanies: Nikola Motor CompanyCNH IndustrialRegion: United StatesGeneral: FeaturedTNM
Categories: Asia News

Evergrande cooperates with Benteler and FEV to advance its EV plans

Company News India - Sun, 09/08/2019 - 04:25

According to Chinese media reports, the country’s renowned real estate group Evergrande is cooperating with two German companies to advance its ambitious electric vehicle (EV) plans.

The reports have revealed that the two German partners of Evergrande’s electric car subsidiary NEVS are Paderborn-based supplier Benteler and Aachen-based development service provider FEV Group.

The partnership with Benteler and FEV will enable Evergrande to gain access to an EV platform, thereby shortening its research and development (R&D) cycle for EVs by nearly three years. Evergrande and its NEVS subsidiary will be able to use the expertise from Benteler and FEV for materializing their plans to commence EV production as early as possible.

Evergrande’s cooperation agreement with Benteler involves the transfer of the intellectual property of Benteler’s world-class “3.0 chassis architecture” to the Chinese group. The cooperation will apparently promote further development of the ‘Electric Drive System 2.0’ which was presented by Benteler in April 2019, at the Shanghai Auto Show.

The details with regard to Evergrande’s cooperation agreement with FEV are not yet clearly known. FEV initially developed combustion engines, but, in recent years, the company’s focus has increasingly shifted to the development of new drive technologies. FEV is presently active in over 40 countries, and has efforts underway to expand its competencies to include body construction and overall vehicle development.

Business: Auto SectorCompanies: EvergrandeRegion: ChinaGermanyGeneral: FeaturedTNM

Evergrande cooperates with Benteler and FEV to advance its EV plans

Asia News - Sun, 09/08/2019 - 04:25

According to Chinese media reports, the country’s renowned real estate group Evergrande is cooperating with two German companies to advance its ambitious electric vehicle (EV) plans.

The reports have revealed that the two German partners of Evergrande’s electric car subsidiary NEVS are Paderborn-based supplier Benteler and Aachen-based development service provider FEV Group.

The partnership with Benteler and FEV will enable Evergrande to gain access to an EV platform, thereby shortening its research and development (R&D) cycle for EVs by nearly three years. Evergrande and its NEVS subsidiary will be able to use the expertise from Benteler and FEV for materializing their plans to commence EV production as early as possible.

Evergrande’s cooperation agreement with Benteler involves the transfer of the intellectual property of Benteler’s world-class “3.0 chassis architecture” to the Chinese group. The cooperation will apparently promote further development of the ‘Electric Drive System 2.0’ which was presented by Benteler in April 2019, at the Shanghai Auto Show.

The details with regard to Evergrande’s cooperation agreement with FEV are not yet clearly known. FEV initially developed combustion engines, but, in recent years, the company’s focus has increasingly shifted to the development of new drive technologies. FEV is presently active in over 40 countries, and has efforts underway to expand its competencies to include body construction and overall vehicle development.

Business: Auto SectorCompanies: EvergrandeRegion: ChinaGermanyGeneral: FeaturedTNM
Categories: Asia News

Germany announces ban on Glyphosate by 2023

Asia News - Sat, 09/07/2019 - 16:57
Categories: Asia News

Boots introduces Renault Kangoo ZE Electric Vans for Distribution

New Zealand News - Sat, 09/07/2019 - 14:32

UK pharmacy Boots has announced that it is launching a pilot programme to explore the potential for pharmaceutical distribution with electric vehicles (EVs) in the country. The announcement underscores an evident attempt by Boots to electrify its distribution fleet in the future.

According to the announcement, the pilot programme is being launched by Boots with five Renault Kangoo ZE electric vans. The vans will be used by Boots initially for delivering prescriptions in Nottinghamshire and Derbyshire. Upon the successful completion of the pilot programme, Boots plans to expand the use of EVs for delivering prescriptions across the UK.

The pilot programme launched by Boots is being backed by Nottingham City Transport’s ‘Ultra Low Emission Vehicle Scheme.’ In supporting Boots’ electrification efforts, Nottingham City Transport will deploy additional charging stations at various Boots locations.

In reference to its pilot programme with EVs for delivering prescriptions, Boots UK said that it manages extensive amounts of travel for pharmaceutical distribution. As such, the use of EVs can unfold ample opportunity for the company to reduce its carbon footprint.

Highlighting the fact that Boots UK runs “more than 9,500 routes a week with a van fleet of 900,” Eddie Storr -- the company’s head of supply chain pharmacy -- said: “We are continually looking at ways to improve both the efficiency of our service and its environmental impact.”

Business: Auto SectorCompanies: RenaultRegion: United KingdomGeneral: TNMFeatured

Virginia plans Electrification of Public School Buses

Company News India - Sat, 09/07/2019 - 14:28

In a recent announcement underscoring an environment-friendly move, the US state of Virginia has said that it is planning the electrification its public school bus fleets.

According to the announcement made by Virginia’s Governor Ralph Northam, the state has planned five-year initiatives for making a switch over to electric mobility. Under the planned initiatives, the electrification of public transport in the state will be undertaken in three stages.

Going by the details shard by Governor Northam, the first phase of school-bus electrification in Virginia will mark the transition of the first 50 school buses to electric by 2020. Subsequently, in the second phase, another 1,000 electric school buses will be electrified over the next five years. In the third phase, the state is “aiming for all electric by 2030.”

The initial investment cost for electrifying the public school bus fleets has apparently been ascertained by Virginia. In addition, the state has also calculated that the operating cost of the school buses will be reduced by nearly 60% in the long term, after the electrification.

To materialize the plans of electrifying the school bus fleets, the state of Virginia wants to ensure that the education system is not burdened with the bus-electrification costs. Hence, to facilitate the school-bus electrification move, the state will provide electric-bus charging stations and infrastructure to schools, free of cost.

Region: VirginiaBusiness: Auto SectorGeneral: FeaturedTNMCleanTech

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