NextEra jumps into fleet electrification

December 11, 2020 by  
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NextEra jumps into fleet electrification Katie Fehrenbacher Fri, 12/11/2020 – 02:00 The world’s biggest investor-owned clean energy provider sees promise in helping its customers adopt electric vehicles.  Clean electricity giant NextEra Energy Resources, a subsidiary of NextEra Energy, announced Tuesday that it’s acquired a small Oakland, California-based startup called eIQ Mobility. The startup has built a business around using data and software to enable clients, such as utilities, to make decisions about what electric trucks and cars to buy, and how to build and manage EV charging infrastructure.  The companies didn’t release terms of the deal. Only two years old, elQ Mobility previously raised a seed round of funding from Schneider Electric’s venture arm. The deal highlights the growing market for companies, utilities, cities and government agencies to convert their fleets to electric vehicles in an effort to meet sustainability goals, adhere to regulations and in certain cases reduce operating costs by eliminating diesel use. (See GreenBiz’s Top 25 Most Sustainable Fleets ). “In the course of us doing our research, it became clear how complicated fleet buying decisions are and customers need to tackle this in a holistic way. We needed a tool to help customers make these decisions,” said Chelle Izzi, NextEra Energy’s resources executive director, explaining the strategy behind the acquisition.  Izzi also noted that customers that are already buying onsite solar, solar PPAs or onsite energy storage from NextEra Energy increasingly have been asking for ways to help manage electric vehicle fleets. “I think it’s going to eventually be a very large market. This is a long term commitment to be part of the solution for our customers,” Izzi said. NextEra Energy Resources customers focused on ESG (environmental, social and governance) are also beginning to be interested in looking at carbon footprints related to transportation, said Izzi. Electrifying fleets or enabling employees to adopt electric vehicles can be a good way to reduce transportation-related emissions.  While it’s still early days, more organizations are adopting electric vehicles for commercial purposes, whether it’s to move goods or people. Last-mile delivery — led by companies such as Amazon, UPS and FedEx — is quickly embracing electric because the routes are generally short and urban. Cities also are pushing for EV delivery vans to replace diesel ones as a way to clean up the air in neighborhoods. Transit buses are electrifying thanks to strong mandates such as California’s, which requires all transit agencies to phase out diesel buses by 2040. Companies such as Proterra, New Flyer and BYD are selling electric transit buses to cities across the U.S. Vehicle manufacturers — from big players such as Volvo and Daimler to startups such as Lion Electric and Rivian — are building out capacity for an expected jump in demand for electric trucks and buses over the coming years. The number of available and announced models of zero emission vehicles rose by 78 percent over the course of 2020, and that figure is expected to double again by the end of 2023, according to clean transportation nonprofit CALSTART. Topics Transportation & Mobility Electric Vehicles Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 0 Sponsored Article Off Solar panels operated by NextEra Energy Courtesy of NextEra Energy Close Authorship

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NextEra jumps into fleet electrification

Black & Veatch’s Maryline Daviaud Lewett on EV infrastructure and policy

November 13, 2019 by  
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The electric vehicle market is growing — Maryline Daviaud Lewett says it will take policy to bring the market to scale.

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Black & Veatch’s Maryline Daviaud Lewett on EV infrastructure and policy

California’s Advanced Clean Truck Rule is not strong enough to ensure a cleaner future

November 5, 2019 by  
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A 2019 report shows seven of the top ten most ozone-choked cities in America are in California.

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California’s Advanced Clean Truck Rule is not strong enough to ensure a cleaner future

Are we nearing ‘peak car’?

November 5, 2019 by  
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People are increasingly realizing driving is no longer fun nor convenient, and investors should take note.

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Are we nearing ‘peak car’?

Will California say bye to diesel-burning trucks and hello to zero-emissions ones?

October 9, 2019 by  
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A new rule in the state could tackle one of its largest sources of pollution.

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Will California say bye to diesel-burning trucks and hello to zero-emissions ones?

Why Amazon’s plan to buy 100,000 EVs is huge and hard

September 19, 2019 by  
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It’s a game changer, but it won’t be easy.

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Why Amazon’s plan to buy 100,000 EVs is huge and hard

How Anheuser-Busch plans to sustainably ship cold beer around the USA

August 13, 2019 by  
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The leader of the beverage maker’s fleet decarbonization initiatives, Ingrid De Ryck, said the U.S. transportation industry is ready for a “breakthrough and innovative solution.”

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How Anheuser-Busch plans to sustainably ship cold beer around the USA

Who will win the battery wars?

August 13, 2019 by  
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The race is on between different battery technologies to claim the top spot in a variety of applications.

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Who will win the battery wars?

This undercover trend is electrifying trucks

July 24, 2019 by  
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As distribution logistics encourage regional delivery, the opportunity to electrify grows, too.

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This undercover trend is electrifying trucks

Report Report: Packaging, resiliency, extinction and the state of the transition

July 24, 2019 by  
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A monthly wrap-up of recent research on sustainable business and clean technology.

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Report Report: Packaging, resiliency, extinction and the state of the transition

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