MaxiCharger DC Fast units installed by Autel Energy at Cape Town’s Arrowgate Depot, forming the backbone of South Africa’s largest EV bus charging hub with capacity to expand to 50 chargers and 120 buses by 2025. Autel Energy, a global leader in smart and sustainable EV charging solutions, today announced its pivotal role in South…
Last year, Eskom installed 10 charging stations across five sites to support the growing adoption of electric transportation. Power utility Eskom yesterday launched its first fleet of electric vehicles (EVs), with the distribution division leading the way. The company says this is a milestone in its journey towards sustainable transport and a cleaner energy future…
Agnes Mlambo Eskom has purchased 20 electric vehicles, ranging from light delivery vehicles to light trucks, as it pursues a long-term plan to electrify its entire fleet. It said on Wednesday that the 20 vehicles will be deployed mainly in its distribution and generation divisions. The utility plans to buy another 100 EVs in the…
Embattled power utility Eskom has notched up something of a milestone in its long and bruising turnaround journey. On Friday, the company announced that unplanned outages had fallen to 7.3GW – the first time the figure has dipped below the 8GW mark since December 2020. The development appears to underscore the progress Eskom is making…
TLDR African mobility fintech startup Moove is close to finalizing a $1.2 billion debt financing round to support its rollout of autonomous vehicles in the United States The round is reportedly oversubscribed, with strong interest from private credit funds and banks. Final terms are expected to be concluded in the coming weeks Moove initially offered…
