Category: Engines & Drivetrains

WEX Venture Capital Seeks to Invest up to $100M to Help Advance EV Fleet Transition

WEX Venture Capital Seeks to Invest up to $100M to Help Advance EV Fleet Transition

| July 28, 2023

Investments will likely target early-stage startups to nurture the next generation of electrification and to align with WEX’s mission to lead the energy transition to EVs WEX global commerce platform that simplifies the business of running a business, announced that its Board of Directors has authorized a new investment arm of WEX, WEX Venture Capital, to […]

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HYZON MOTORS REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT

HYZON MOTORS REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT

| July 27, 2023

Hyzon’s stock will continue to be listed and traded on The Nasdaq Capital Market Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the Company), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced it received a formal notice from The Nasdaq Stock Market LLC (Nasdaq) […]

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BAE Systems to provide electric drive systems for Toronto’s newest battery-electric buses

BAE Systems to provide electric drive systems for Toronto’s newest battery-electric buses

| July 27, 2023

Gen3 power management technology will deliver clean, efficient, and reliable operation for zero-emission fleet BAE Systems heavy-duty electric propulsion, will supply up to 541 Gen3 electric power and propulsion systems for the Toronto Transit Commission’s (TTC) new fleet of battery-electric buses, allowing them to run free of emissions. BAE Systems’ electric propulsion technology has been operating […]

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IndyGo Partners with Allison Transmission to Expand Electric Hybrid Fleet in Indianapolis

IndyGo Partners with Allison Transmission to Expand Electric Hybrid Fleet in Indianapolis

| July 26, 2023

Recently awarded funding from the Federal Transit Administration will bolster the transit agency’s efforts to replace older buses with fully electric-capable alternatives Allison Transmission is pleased to announce that the Indianapolis Public Transportation Corporation (IndyGo) is applying its recent $19 million grant from the Federal Transit Administration’s (FTA) 2023 Low or No Emission and Grants for […]

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Kodiak Robotics Becomes First Company to Pilot the Enhanced Inspection Program for Autonomous Trucks to Pre-Clear Roadside Inspections

Kodiak Robotics Becomes First Company to Pilot the Enhanced Inspection Program for Autonomous Trucks to Pre-Clear Roadside Inspections

| July 25, 2023

Enhanced Inspection Program provides a potential solution to a critical regulatory hurdle for deploying driverless trucks Kodiak Robotics, Inc., self-driving trucking company is the first company to pilot the Commercial Vehicle Safety Alliance (CVSA) Enhanced Commercial Motor Vehicle (CMV) Inspection Standard (Enhanced Inspections) program, which allows autonomous trucks to pre-clear roadside inspections. Elements of this new program, […]

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ATA-Led Coalition Urges Congressional Leaders to Repeal FET

ATA-Led Coalition Urges Congressional Leaders to Repeal FET

| July 25, 2023

Coalition sent a letter to the leaders of Senate Finance Committee and House Ways & Means Committee to express strong support for the Modern, Clean, and Safe Trucks Act The American Trucking Associations was joined by eight trucking organizations and affiliates in a renewed effort to repeal the outdated and counterproductive federal excise tax, or […]

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