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New year brings string of partnerships on waste fleet electrification

New year brings string of partnerships on waste fleet electrification
utilitydive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from utilitydive.com Daily Mail and Mail on Sunday newspapers.

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New year brings string of partnerships on waste fleet electrification

Permission granted by Romeo Power
The new year has brought a string of business partnerships on electrification of refuse trucks, as companies tap into mounting U.S. enthusiasm across electric vehicle types.
Major public companies including Waste Management, Waste Connections, and Republic Services, in addition to private haulers like Recology and some municipally run fleets, have previously tested an array of electric technologies to varying degrees. While EVs may be one tool to help companies improve on climate targets, the industry is in some cases still favoring other options such as compressed natural gas, citing adoption cost and functionality constraints that have plagued previously available electric technologies. ....

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ADVANCED CELL TECH (ACTC), BorgWarner Inc. (NYSE:BWA) - Competition Intensifies For Commercial Vehicle Battery Makers

On Monday, 15-year-old battery maker Microvast Inc. made official an expected SPAC sponsorship by
Tuscan Holdings Corp. (NASDAQ: THCB) in a deal valued at $3 billion.
Tuscan raised $276 million in a March 2019 initial public offering. It added $540 million from investors including defense contractor and heavy equipment maker
Oshkosh Truck Corp. (NYSE: OSK) and Black Rock. The world s largest asset management company frequently purchases private investment in public equity (PIPE) shares.
Microvast is focusing on commercial vehicles like port equipment and mining trucks because, as CEO Yang Wu told Bloomberg, passenger vehicle companies will make their own batteries. One example is
General Motors Co. (NYSE: GM), which is building a plant in northeast Ohio for its $2.3 billion joint venture with cell maker LG Chem to assemble Ultium battery packs. ....

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AMD expects PC and next-gen chip shortages through first half of 2021

Chip manufacturer says it is adding capacity for the back half of the year ....

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Xbox FY21 Q2 revenue surges 51% with Xbox Series X, Series S launch

Microsoft enters the next console generation strong with Xbox Series X and Xbox Series S, pushing steady growth across its hardware, software, and subscriptions in Q2 financials. ....

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