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EV leaser 7Gen to add up to 500 vans, trucks, buses with $48M funding

1 day ago

EV leaser 7Gen to add up to 500 vans, trucks, buses

7Gen, a Montreal-based company that leases electric vehicles (EVs) and charging infrastructure to commercial clients, plans to add hundreds of new vehicles to its fleet with $48 million in debt financing from U.K.-based Zenobē.

Quebec lends another $4.3 million to Lithion

Quebec is lending another $4.3 million to Montreal-based lithium-ion battery recycler Lithion Technologies. Last year, Lithion opened its first commercial recycling plant with the hopes of crushing the equivalent of 45,000 EV batteries per year.

Alberta invests $3M in waste-to-energy hydrogen project

A $3-million investment from Emissions Reduction Alberta will help Calgary-based Hydrogen Naturally develop a project that converts forestry harvest residuals and fire-killed fibre – wood damaged by wildfire – into hydrogen.

BC Hydro tripled its EV fast-charging network in 1 year

BC Hydro said it has tripled the size of its EV fast-charger network over the last year. On Friday, the Crown corporation said it now has 591 charging stations across B.C., an increase of 400 over the year prior.

Canada’s first large-scale bioinnovation hub opens

The Neptune BioInnovation Centre in Dartmouth is promised to become a world-leading facility that fosters biotechnology advancements such as smart materials, bioplastics, functional foods, green chemicals, therapeutics and alternative proteins.

Limberlost Place reaches substantial performance milestone

After more than three years of construction, George Brown College celebrated a major milestone on April 22, when the 10-storey, award-winning mass-timber Limberlost Place in Toronto reached substantial performance. 

USGBC launches new LEED rating system

The U.S. Green Building Council (USGBC) on Monday launched LEED v5, the latest version of its flagship LEED green building program. LEED v5 focuses on impact areas that touch decarbonization, human and ecological health, and resilience.

BYD Q1 profit soars, beating Tesla on another metric

Shenzhen-based EV maker BYD Co.’s net income in Q1 jumped to US$1.3 billion, overtaking Tesla Inc. (TSLA-Q) on another key metric and signalling a robust start to the year for China’s No. 1 selling car brand.

Bare-bones 2027 Slate EV pickup starts under $20,000

Jeff Bezos-backed Slate Auto revealed its first vehicle April 24, a bare-bones two-seat regular-cab pickup truck that can be converted into a five-seat SUV. Slate said to expect the price to come in under US$20,000 after U.S. federal incentives.

Ford develops breakthrough battery chemistry

Ford’s (F-N) top EV engineer said last week the automaker is actively working on a "game-changing" battery chemistry for its future EVs. The breakthrough will reportedly enable low-cost and longer-range EVs by the end of the decade.

Edmonton airport converting 2 runway sweepers to hydrogen

The Edmonton International Airport is working with Diesel Tech Industries to integrate the latter’s Guardian Hydrogen Diesel System on two of the airport’s heavy-duty sweepers. Benefits of the fuel system include lower diesel consumption and reduced emissions.

Liberal, Tory platforms don't say if they'll meet emissions goal

Neither the Liberals nor the Conservatives have laid out how — or even if — their policy platforms will work to have Canada meet its greenhouse gas emissions targets under the global Paris climate pact.

Conscious consumerism accounts for 38% of U.S., Cda. buys

Despite 76 per cent of consumers claiming they want to support sustainable brands, conscious consumerism only accounts for 38 per cent of purchases in Canada and the U.S., pointing to the "say-do gap" that businesses must address.

Unpacking Microsoft’s mega-purchases in carbon removal

Record-breaking carbon removal purchases have become the norm for Microsoft (MSFT-Q). Why has Microsoft, far more than any other company, made so many big bets on removals? And what does it mean for the future of the market?

China sets clean energy record in early 2025 with 951 tW-h

China made big progress in clean energy during Q1. The country produced 951 terawatt-hours (tW-h) of clean electricity between January and March. That’s 19 per cent more than during the same period in 2024, according to energy think tank Ember.

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