Mobile Energy Global (MEG), an Ideanomics division that provides marketing, tech, financial and capital services to the energy vehicle industry, has announced it is expanding operations in the heavy truck category as it continues to develop ways in which the … Continued
Motiv Power Systems, a company that reconfigures gas-run medium duty trucks to run on zero-emission batteries, has raised $60 million in capital after an unsuccessful startup ten years ago. Freight Waves reports that the money is coming from a Colorado-based private … Continued
IKEA Australia announced recently that it will use electric trucks for all home deliveries by 2025, stating that the global transition to electric vehicles “inevitable.” The company’s manager in Australia, Jan Gardberg, told the Australian Financial Review that Australia currently … Continued
AxleTech, an American manufacturer and supplier of drivetrain systems, axles, brakes and other components for heavy-duty commercial vehicles, is beginning to shift its focus from diesel to electric-based systems. The company, which is celebrating its 100th anniversary this year, prides … Continued