Leaders.com
  • Login
  • Subscribe
  • Business
  • Leadership
  • Wealth
  • Master Classes
  • Business
    • Entrepreneurs
    • Executives
    • Marketing and Sales
    • Social Media
    • Innovation
    • Women in Business
  • Leadership
    • Personal Growth
    • Company Culture
    • Public Speaking
    • Productivity
    • Hiring
    • Social Issues
    • Leaders
  • Wealth
    • Investing
    • Cryptocurrency
    • Retirement
    • Venture Capital
    • Loans and Borrowing
    • Taxes
    • Markets
    • Real Estate
  • Master Classes
  • Login
  • Subscribe
Business Putting EVs to Work

Lightning eMotors is one company dedicated to making EVs a more practical solution for businesses. (Photo from Lightning eMotors)

By Hannah Bryan Leaders Staff

Hannah Bryan

Hannah Bryan

News Writer

Hannah Bryan is a news writer for Leaders Media. Most recently she was a reporter for the Sanilac County News...

Full bio


Learn about our editorial policy

Sep 6, 2022

Putting EVs to Work

Today’s EVs are mostly for private transportation, but new developments could mean more utilitarian applications. 

Key details
Colorado-based manufacturer Lightning eMotors has made a deal with Canadian GoBolt to make 170 electric delivery vans and box trucks within the next year. 

The Canadian company ordered 70 delivery vans and 100 trucks that will be used in the U.S. and Canada. Lightning eMotors currently specializes in retrofitting utility vehicles to turn them into zero-emissions fleets.

Lightning eMotors plans to start delivering the vehicles to GoBolt by 2023. GoBolt’s services include supply-chain logistics, last-mile delivery, and warehousing services. 

When completed, the vans and trucks will have a 200-mile range when fully charged. Lightning eMotors also provides charging stations and coordinates with customers to set up convenient charging locations for the delivery vehicles.

Why it’s news
EVs are becoming an increasingly popular option, especially with government tax incentives and new regulations driving consumers toward renewable options. 

In the U.S., California recently announced more detailed plans to require all vehicles in the state to be electric by 2035. 

California’s decision coincides with President Joe Biden’s recently signed Inflation Reduction Act. The bill included tax credits for car owners switching to electric along with other incentives for Americans to go solar.

California isn’t the only government looking to ban gas-powered vehicles. In fact, they’re a little behind the curve. Europe and some parts of China have plans to phase out gas-powered vehicles by 2030.

European car companies Fiat, Chrysler Europe, and Bentley plan to phase out production of gasoline vehicles in line with Europe’s plans to go electric. General Motors’ schedule has the company set to phase out the vehicles by 2035. Chrysler is on a more accelerated plan, aiming to retire the gas vehicles by 2028. Ford is currently planning on 40% electric vehicle sales by 2030, Fortune reports.

Home / News / Putting EVs to Work
Share
FacebookTweetEmailLinkedIn

Related Stories

BP Backs Away From Renewables

by Savannah Young Leaders Staff
Business

5 hours ago

“At the end of the day, we’re responding to what society wants,” says BP CEO Bernard Looney as the company shifts away from renewable energy to focus on gas and oil.

BP is slowing down on the switch to renewable energy as oil continues to be the main profit driver.

Key Details

  • BP said it's slowing down on renewable energy and focusing most of its spending on oil and gas production.
  • The company reported a record profit of $28 billion for 2022 as it capitalized on soaring energy costs leaning away from renewable energy.
  • “At the end of the day, we’re responding to what society wants,” says BP CEO Bernard Looney.

Go deeper

FacebookTweetEmailLinkedIn

Google Announces ChatGPT Rival 

by Tyler Hummel Leaders Staff
Tech

5 hours ago

Google

Alphabet CEO Sundar Pichai has revealed his company’s alternative to the revolutionary artificial intelligence (AI) chatbot ChatGPT—Bard.  

Key Details

  • Alphabet and Google have scrambled in the past few months to prepare their alternative to Microsoft and OpenAI’s ChatGPT AI chatbot. 
  • The company was put on the back foot by the success of Microsoft’s $10 billion investment in OpenAI, which threatens to turn Bing into the most cutting-edge search engine on the market. 
  • The Financial Times reports that the company has invested $300 million into a 10% stake in Anthropic, an AI research and safety company with its own AI model called Claude. 
  • In a Monday blog post, the company finally revealed Bard—a propriety chatbot being tested that will be integrated into Google’s search engine.

Go deeper

FacebookTweetEmailLinkedIn

Amazon Reaps Gains Of Media Investments

by Hannah Bryan Leaders Staff
Entertainment

6 hours ago

amazon prime

After several years of investing in high-budget movie and show content on its Amazon Prime platform, Amazon says the investment is beginning to pay off.

Key Details

  • Since 2020, Amazon has steadily increased its budget for original video and music content from $11 billion to $16.6 billion last year.
  • In a fourth-quarter earnings call, CFO Brian Olsavsky told investors that the high-budget content drew more subscribers to Amazon’s Prime services. 
  • Amazon’s total sales last year were around $289 billion, an enormous number compared to the amount spent on content last year. 

Go deeper

FacebookTweetEmailLinkedIn
Innovation

8 hours ago

The A.I. Battle Of the Giants

by Hannah Bryan Leaders Staff
Former FTX CEO Sam Bankman-Fried was the Democrat Party’s second-largest donor and now the company is asking for donations back
Cryptocurrency

Feb 6, 2023

FTX Asks For Donations Back

by Savannah Young Leaders Staff
After continued downfalls in the cryptocurrency sector, policymakers in Washington, D.C., have turned hostile on crypto, and many fear an oncoming crypto crackdown
Cryptocurrency

Feb 6, 2023

Washington’s Crypto Crackdown

by Savannah Young Leaders Staff

Recent Articles

Wealth

9 hours ago

How to Pay Sole Proprietorship Taxes and Avoid IRS Penalties

Sole proprietorship taxes include income taxes and self-employment taxes.

Entrepreneurs

Feb 6, 2023

Here’s a Step by Step Guide on How to Start a Podcast

Eliminate confusion, create a podcast in 15 detailed steps

Wealth

Feb 3, 2023

The Most Landlord-Friendly States in 2023

Invest in landlord-friendly states to make more profits

  • Business
  • Leadership
  • Wealth
Join the Leaders Community

Get exclusive tools and resources you need to grow as a leader and scale a purpose-driven business.

Subscribing indicates your consent to our Terms & Conditions and Privacy Policy

Leaders.com
  • Privacy Policy
  • About
  • Careers
  • Cookie Policy
  • Terms
  • Disclosures
  • Editorial Policy
  • Member Login

© 2023 Leaders.com - All rights reserved.

Search Leaders.com