@AndyatAuto Having walked around Cambridge before and after electrifying their fleet, it boggles the mind that every council doesn’t insist on doing the same. Of course the disgusting fumes are gone, but what really surprised me was the lack of noise. I hope this is a huge success!
PETL has acquired the Kleandrive bus re-powering operation as a going concern through administration.
The acquisition preserves a specialist British engineering capability in heavy vehicle decarbonisation. Live customer programmes continue without interruption.
Kleandrive's technology converts existing diesel buses to fully electric powertrains, allowing fleet operators to decarbonise without the capital cost or embedded carbon of buying new vehicles. For many regional operators and local transport authorities working under tight budgets, it is the most commercially viable route to zero emission running.
The acquisition extends the PETL group's clean propulsion portfolio. PETL is one of the UK's leading developers of battery and battery management system technology, including through our wholly owned subsidiary Brill Power, a University of Oxford spin-out. Adding repowering capability gives us a direct route to deploy that technology at scale in one of the highest impact segments of UK transport decarbonisation.
Dr Andy Palmer CMG, Co-Founder and CEO of PETL, said:
"Britain keeps losing its industrial base one company at a time. Repowering existing diesel buses is one of the most cost-effective ways for operators to decarbonise their fleets. It deserves to be built here, by British engineers, and we intend to make sure it is."
More information about the acquisition can be found here:
https://t.co/iJfe4Z8CNH
@Nicole_Lee_Sch When the original X and XAI investors liquidate their holdings, it’s going to trigger a massive collapse that will utterly destroy those who are left holding the bags.
@Brit_Report@cleanupbritain@_GeorgeFinch@bbcmtd Right, so if you’re confused about whether it’s recycling or general rubbish you should just drive it to the countryside and throw it in a hedge?
@Ether_Ships@rdd147 Roadster, took deposits over 7 years ago. No car.
Tesla trading at over 300 P/E on undelivered promises.
SpaceX IPO is one big Ponzi scheme to pay back his backers for his ridiculous Twitter aquisition.
The grift is real.
@Ether_Ships@rdd147 -Twitter stock price manipulation
-“Funding secured”
-FSD
-XAI $250B acquisition only to then say it needed a full rebuild as it was useless.
Want me to go on?
@BradMunchen I’m pulling any market related investment I can in the next few weeks. I think there’s a serious risk this will trigger a massive stock sell off as panic sets in.
I just have to accept my pension is screwed for the next few years.