Fleet electrification

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This Energy Company Just Scored A $53 Million Contract And The Stock Is On Fire
Yahoo Finance· 2025-09-16 14:38
Turbo Energy S.A. (NASDAQ:TURB) stock skyrocketed Tuesday after the company announced it won a $53 million contract to deliver energy storage projects in Spain with a total capacity of 366 MWh over the next two years. The deal involves more than 10 sites operated by a major construction industry client. Turbo Energy will integrate its systems fully and use its AI-based management platform to help the facilities cut power costs, improve efficiency, and expand electrification. Mariano Soria, CEO of Turbo Ene ...
Windrose and Xos Partner to Deliver Game-Changing Charging Access for Class 8 Electric Fleets
Globenewswire· 2025-09-04 12:59
Core Insights - Windrose is partnering with Xos to enhance mobile charging solutions for electric Class 8 trucks, aiming to facilitate fleet electrification across the U.S. and international markets [1][5][7] Company Overview - Windrose manufactures one of the lightest and longest-range electric Class 8 trucks, designed for global deployment across six markets: North America, Europe, South America, Oceania, Asia, and the Middle East [2][10] - The Class 8 electric truck offers up to 420 miles of loaded range, featuring a lightweight chassis and high-efficiency drivetrain [2] Partnership Details - The partnership with Xos provides Windrose fleet customers access to the latest generation of the Xos Hub, a mobile charging solution that allows for rapid scaling without traditional infrastructure delays [3][5] - The Xos Hub includes a 630 kilowatt-hour onboard battery and integrated DC fast chargers, capable of delivering up to 150 kilowatts per port, or 300 kilowatts in series operation [4] Operational Benefits - The Xos Hub enables fleets to bypass utility delays, allowing for quick deployment and operation, which can significantly reduce capital expenses and operating costs associated with traditional infrastructure [6][9] - This mobile charging solution supports dual-shift operations, allowing drivers to recharge quickly and return to the road for a second shift [4][6] Market Impact - The collaboration aims to remove barriers to fleet electrification, enabling large fleets to deploy trucks and charging solutions in days rather than years, thus accelerating the adoption of zero-emission freight [5][7]
Orion Announces Installation of 90 EV Charging Stations in Contracts Valued at $6.5 Million For Boston Public Schools
Globenewswire· 2025-08-05 12:29
Core Insights - Orion Energy Systems, Inc. has announced the installation of 90 EV charging stations in the Boston Public School system, with contracts valued at $6.5 million [1][3][4] Group 1: Project Details - The recent deployment includes 51 DC fast charging stations at the Freeport Bus Yard and Paris Street facility, utilizing an innovative above-ground mounting method [2][3] - This initiative is part of Boston Public Schools' plan to electrify 100% of its 750 school buses, marking the largest school-bus electrification initiative in the Northeastern United States [3][4] Group 2: Company Positioning - Orion/Voltrek is experiencing increased demand for its turnkey solutions in EV charging, infrastructure, and maintenance, highlighting its reliability and scalability in meeting fleet electrification needs [5][6] - The company has a diverse portfolio of electrification engagements, including multiple-location deployments in municipalities and electric van charging capabilities in school districts [4][5]
Element to Announce Q2 2025 Results and Host Conference Call on August 7, 2025
Globenewswire· 2025-07-09 13:00
Core Insights - Element Fleet Management Corp. is the largest publicly traded pure-play automotive fleet manager globally [3] - The company will announce its Q2 2025 financial results on August 6, 2025, after market close [1] - A conference call and webcast for investors and analysts will take place on August 7, 2025, at 8:00 a.m. Eastern Time [1][2] Company Overview - Element Fleet Management provides a comprehensive range of sustainable and intelligent mobility solutions aimed at optimizing fleet performance [3] - The company's services include vehicle acquisition, maintenance, route optimization, risk management, and remarketing, as well as advising on decarbonization and electric vehicle integration [3] - Element leverages its scale and expertise to help clients reduce operating costs and enhance efficiency [3]
NFI subsidiary New Flyer receives significant order from Ottawa-Carleton’s OC Transpo for 124 Xcelsior Charge NG™ buses
Globenewswire· 2025-07-09 12:00
Core Insights - NFI Group Inc. announced a significant order of 124 Xcelsior CHARGE NG™ 40-foot battery-electric transit buses from OC Transpo, enhancing the agency's fleet electrification efforts [2][3] - This order is part of New Flyer's backlog from the first quarter of 2025 and follows an initial order of 51 electric buses placed by OC Transpo in late 2023, bringing the total investment in New Flyer's electric bus platform to 175 vehicles [3] - The purchase is supported by local investment and federal funding from the Canada Infrastructure Bank and the Zero Emission Transit Fund [3] Company Overview - NFI Group is a leader in propulsion-agnostic bus and coach mobility solutions, with a focus on electrification and sustainable transit [2][5] - The company has delivered over 1,100 buses to OC Transpo over the past 35 years, indicating a strong partnership and commitment to public transit in Ottawa [3] - NFI operates with nearly 9,000 team members across ten countries and offers a wide range of sustainable drive systems, including zero-emission electric, natural gas, and clean diesel [6][7] Industry Context - The order from OC Transpo represents a significant step towards cleaner and more efficient public transportation in the National Capital Region, aligning with broader trends in urban mobility towards sustainability [4] - NFI's electric bus solutions are part of a growing demand for scalable smart mobility solutions in urban environments, contributing to the development of livable cities [5]
Element Announces Annual Meeting Voting Results
Globenewswire· 2025-05-02 21:00
Core Points - Element Fleet Management Corp. confirmed the election of all ten nominees as directors at the Annual Meeting of Shareholders held on May 2, 2025, with a total of 349,202,443 common shares represented, approximately 86.53% of the outstanding shares [1][2] - Shareholders showed strong support for the directors, with voting results indicating high approval rates, such as 99.99% for Attanasio and 99.34% for Virginia Addicott [2] - An advisory resolution on executive compensation was approved with 97.51% of votes cast in favor, and Ernst & Young LLP was re-appointed as the Company's independent auditors [2] Company Overview - Element Fleet Management is the largest publicly traded pure-play automotive fleet manager globally, providing a full range of sustainable and intelligent mobility solutions [4] - The Company addresses various aspects of fleet management, including vehicle acquisition, maintenance, route optimization, risk management, and decarbonization efforts [4] - Element's expertise allows clients to benefit from economies of scale, reducing operating costs and enhancing efficiency and performance [4]
BlueForce Energy Unveils Chassis Specific Electrification Solutions for Ford F-Series Lineup, Pioneering Fleet Operations
GlobeNewswire News Room· 2025-03-04 16:00
Core Insights - BlueForce Energy has launched the first-ever chassis-specific electrification solutions for the Ford F-Series lineup, enhancing sustainability across light-duty to heavy-duty models [1][2][3] Electrification Solutions - The solutions are designed for fleet operators, maintaining Ford's chassis integrity while achieving significant emission reductions [2][3] - BlueForce's technology aims to provide a cost-effective path for fleet electrification, aligning with sustainability strategies and government mandates [3] Financial and Environmental Benefits - Electric drivetrains offer 3-4 times higher efficiency compared to gas/diesel, with estimated annual fuel savings of: - Light-duty trucks: $3,192 CAD - Medium-duty vehicles: $6,650 CAD - Heavy-duty vehicles: $10,640 CAD - Maintenance savings are also significant, with estimated annual savings per vehicle type: - Light-duty trucks: $1,000–$1,400 CAD - Medium-duty vehicles: $3,625–$5,075 CAD - Heavy-duty vehicles: $5,350–$10,000 CAD - Emission reductions are substantial, with light-duty trucks reducing emissions by 8.89 metric tons per year, medium-duty by 25.4 metric tons, and heavy-duty by 50.8 - 63.5 metric tons [6] Performance Features - The electrification solutions provide immediate torque, high torque output for challenging conditions, and quiet operation, enhancing driver comfort [6] - The technology allows for scalable integration, enabling fleet operators to pilot with a few vehicles before scaling [6] Technical Specifications - The electrification specifications for the Ford F-Series include: - Light-Duty (F-150): 150 kW power, 1,500 N m torque, 93 kWh battery - Medium-Duty (F-250, F-350, F-450, F-550): 180 kW power, 1,700-2,500 N m torque, 116-155 kWh battery - Heavy-Duty (F-650, F-750): 180 kW power, 1,200 N m torque, 165 kWh battery [8] Company Overview - BlueForce Energy specializes in electric mobility and clean energy solutions, focusing on fleet and vehicle electrification, innovative battery technologies, and EV charging infrastructure [10]