EV Connect Announces EV Charging-as-a-Service

EV Connect recently announced the EV Charging-as-a-Service, or EV CaaS, to cut up-front costs and simplify the process for purchasing and installing EV charging station infrastructure by turning the purchase decision from a capital expenditure to an operating expense.

ORBCOMM to Provide Services for Asset Tracking

Global Economic Recession Cuts Fleet Operating Costs

Fuel costs, the largest fleet operating expense, declined dramatically in the 2009 calendar-year due to a sharp decline in worldwide consumption. Also, many fleets have downsized, which contributed to a lower overall fuel spend.

Ideanomics Completes Acquisition of US Hybrid, Announces Order

Ideanomics simultaneously announces that US Hybrid has received orders from partner Global Environment Products (GEP) for a fleet of all-electric street sweepers expected to deploy in multiple cities in the U.S. and globally.

Beam Global Adds to Growing List of Utility Customers

The company announced a sixth utility has purchased an EV ARC 2020 system to provide sustainable off-grid EV charging for a pilot program aimed at assessing solutions for current and future needs.

Japanese Company Invests in Penske Truck Leasing

Penske Truck Leasing Co., L.P. has announced that Tokyo-based Mitsui & Co., Ltd. has acquired a 20-percent limited partnership interest in Penske Truck Leasing from General Electric Capital Corporation.

Utilities Join Forces to Speed Up Storm Restoration

In battling rough weather conditions since the beginning of the year, utilities made extra efforts in this latest storm to go beyond their immediate customer service areas to ensure that sister companies and surrounding utilities had as much help as possible.

GE Announces Hydrogen Fuel Breakthrough

GE's new process produces hydrogen at about $3 per kilogram, a quantity roughly comparable to a gallon of gasoline, down from $8 per kilogram. It could make the technology economically feasible for hydrogen fuel-cell vehicles.

Maintenance Costs Up Due to Frequency of Repair Increases

Maintenance costs increased in 2009 due to higher cost of replacement tires, PM oil changes, and labor rates. However, the biggest factor was widespread deferment of vehicle replacement, resulting in the operation of older units.