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Category: Green

BOSCH AND HANWHA HAVE INVESTED MORE THAN $230 MILLION IN NIKOLA

BOSCH AND HANWHA HAVE INVESTED MORE THAN $230 MILLION IN NIKOLA

| September 5, 2019

Bosch helped Nikola develop of its heavy-duty vehicle fuel cell system and battery technology As part of its ongoing fundraising effort, Nikola Corporation announced two strategic investors from its prior funding rounds. Bosch and Hanwha have each invested at least $100 million, totaling $230 million. Earlier this week, Nikola announced the lead investor, CNH Industrial, […]

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CNH Industrial to lead NIKOLA’s Series D round with $250MM USD investment

CNH Industrial to lead NIKOLA’s Series D round with $250MM USD investment

| September 3, 2019

Parties announce strategic partnership to industrialize fuel-cell and battery electric Heavy-Duty Trucks for North America and Europe CNH Industrial announced its intention to enter into a strategic and exclusive Heavy Duty Truck partnership with Nikola Corporation, based in Phoenix, Arizona, U.S.A., to accelerate industry transformation towards emission neutrality of Class 8 / Heavy Duty Trucks […]

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New Neste Commercial Fueling Sites Open in Northern and Central California

New Neste Commercial Fueling Sites Open in Northern and Central California

| August 29, 2019

The Neste-branded cardlock locations are designed to accommodate fleet vehicles including 18-wheel trucks Fleet drivers in Northern and Central California can now fuel up at multiple commercial fueling sites with high-performance, low-carbon Neste MY Renewable Diesel™, thanks to the recent opening of three new locations. The new cardlock stations join the first location in San Leandro, California, which opened […]

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Bestmile Raises $16.5M to Fast-Track Growth of Autonomous Fleet Orchestration Platform

Bestmile Raises $16.5M to Fast-Track Growth of Autonomous Fleet Orchestration Platform

| August 28, 2019

This space is currently experiencing significant growth Bestmile Fleet Orchestration Platform used to plan, manage, and optimize autonomous and human-driven vehicle fleets announced it has raised $16.5 M USD in a Series B round and has strengthened its leadership to accelerate its growth. The round is led by two U.S. firms, Blue Lagoon Capital and TransLink […]

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ArcBest Carrier ABF Freight Named SmartWay High Performer

ArcBest Carrier ABF Freight Named SmartWay High Performer

| August 27, 2019

U.S. Environmental Protection Agency recognizes SmartWay partners for efficiencies ArcBest® a leading logistics company with creative problem solvers who deliver integrated solutions, is pleased to announce that its less-than-truckload carrier ABF Freight® has been named a 2019 SmartWay High Performer. The U.S. Environmental Protection Agency recognizes SmartWay Transport Partners that lead the freight industry in producing more […]

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Dana Acquires Nordresa, Industry-leading e-Powertrain Integrator

Dana Acquires Nordresa, Industry-leading e-Powertrain Integrator

| August 27, 2019

The investment further enhances Dana’s electrification capabilities Dana Incorporated has completed the acquisition of Nordresa Motors, Inc., which is a prominent integration and application engineering expert for the development and commercialization of electric powertrains for commercial vehicles.  Terms of the transaction were not disclosed. The investment further enhances Dana’s electrification capabilities by combining its complete portfolio of motors, inverters, […]

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