The state of Georgia and local governments are on track to give $2.1 billion in tax breaks and other incentives to Hyundai Motor Group following an announcement from the South Korean automaker and a partner announced last month that it will invest an additional $2 billion at an electric vehicle (EV) complex it’s building in Georgia. This is the largest economic development deal in Georgia history with the largest incentive package.
Global sustainable development consultancy Arup and CALSTART are partnering with Eastern Research Group (ERG) to administer Accelerated Clean Transportation (ACT) grants by the Massachusetts Clean Energy Center. There are six school districts in the grant program which will receive up to $2 million per fleet for things ranging from technical and financial analyses to managing equipment testing.
Highland Electric Fleets has two new electrification contracts for school buses in Michigan. The company will provide 21 Type C Blue Bird electric school buses and 11 chargers for Jackson County transportation operations. The county is the second-largest grant recipient in Michigan for EPA’s Clean Bus School Rebate Program.
Cummins and Terex Advance have signed a Letter of Intent (Lol) to integrate hydrogen internal combustion engines (ICE) into Terex’s Commander Series. Hydrogen ICE’s enable vocational applications to comply with the EPA’s proposed greenhouse gas (GHG) Phase 3 standard, which still meeting critical performance requirements.
Three of the biggest names in trucking are launching a new joint venture (JV) to co-develop advanced, lightweight electric truck batteries. The ownership will be split three ways with EVE Energy joining as a “technology partner” and will own the remaining 10%. The partnership intent is to create American manufacturing jobs for American trucks. Danfoss is a supplier of critical components in electric trucks and this week Volvo delivered to Danfoss the first of its new, HD line haul electric trucks. The first three trucks will operate in fixed routes between Danfoss sites in Denmark with a total of nine Volvo HD trucks to be operational before 2024.
Orange EV, U.S. manufacturer of electric yard trucks, has launched their all-new HUSK-e which is purpose built to meet needs of port operations, rail and intermodal sites, and other HD applications. Orders are welcome now with expected delivery as early as quarter 4 of this year.
Workhorse shares are trading higher today after the company announced it has received IRS approval as a qualified manufacturer for the Commercial Clean Vehicle Credit. The company is a commercial EV leader that makes electric vehicles, software, and infrastructure for fleets. CALSTART members are invited to join us as Workhorse hosts our members at their newly remodeled manufacturing facility in Indiana in October. The Forum includes an opportunity to drive the new Workhorse delivery van. And members are also invited to a CALSTART/Navistar hosted reception at the MOVE America conference in Austin, Texas on Monday, September 25. Members interested in either opportunity can reach out to me for more information.
RESOURCES
Hyundai Could Get $2.1 Billion in Aid in Georgia, AP | https://tinyurl.com/4vk888xh
CALSTART Supports School Bus Fleet Electrification Program, ARUP | https://tinyurl.com/425zd8c8
Highland Aids Electrification of Michigan Public Schools, School Bus Fleet | https://tinyurl.com/4ndev4kx
Terex to Offer Cummins Hydrogen Engines In Concrete Mixers, International Construction | https://tinyurl.com/4m9u529b
Accelera by Cummins, Daimler, Paccar Team to Advance Battery Production, HDT | https://tinyurl.com/ucyjvn3v
Danfoss and Volvo First Ever 24-Hour Electric Truck Fleet, CleanTechnica | https://tinyurl.com/4dp9fen4
Orange EV Debuts HUSK-e Series Terminal Truck, NGT News | https://ngtnews.com/orange-ev-debuts-husk-e-series-terminal-truck
Workhorse Receives IRS Approval for Commercial Clean Vehicle Credit, GlobeNewswire | https://tinywurl.com/mryrt4yr
Mobility Re-Imagined, Move America 2023 | https://tinyurl.com/4ttky5y2
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