Los Angeles Start-Up Chanje Announces Plans for an All-Electric Commercial Van

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【Summary】Chanje plans to introduce a commercial all-electric truck available at mass scale in the U.S. market, a first for the industry.

Original Eric Walz    Aug 10, 2017 6:53 PM PT
Los Angeles Start-Up Chanje Announces Plans for an All-Electric Commercial Van

LOS ANGELES, Calif.,— Chanje, a California based commercial electric vehicle and energy solutions company, is looking to advance the medium-duty commercial vehicle segment by providing efficient, environmentally friendly all electric vehicle (EV) transportation options.

Chanje plans to introduce a commercial all-electric truck available at mass scale in the U.S. market, a first for the industry. The company's medium-duty vehicle already has volume orders and will be delivered later this year. It is the only one of its kind designed from the ground up as an EV and purpose-built to be a long-life truck.

Bryan Hansel, CEO of Chanje, also announced today executive team additions from within the automotive and clean energy industries including James Chen, VP and General Counsel and former VP at Tesla and Jeff Robinson, VP of Manufacturing, who previously worked for Tesla, Ford, Mazda, General Motors and others.

"The future of transportation is zero-emission, we expect commercial electric vehicles to become the norm soon," Hansel said. "There is a tremendous opportunity for Chanje because no one else in the marketplace can meet a fleet customer's demand for delivery of large numbers of high quality, commercial electric vehicles."

Chanje Backed by Chinese Investors

Chanje is the latest U.S.-based start-up to be backed by Chinese investors. Hong Kong-based FDG Electric Vehicles (HKEX:00729) and partners have invested $1 billion in developing and bringing the Chanje electric vehicle to market.

Chanje is 49% owned by Hong Kong-based FDG, a maker of battery cells, battery packs and vehicles in China. Already, FDG has sold a couple of thousand Chanje vehicles in China, Hansel said, under the brand name Chang Jiang.

Hansel said the initial Chanje electric vehicle will be built in China but assembly will transition to the U.S. It's another example of the partnerships being formed between China and Silicon Valley when it comes to electric vehicles.

"You need the technology and the innovation and the vision that comes out of Silicon Valley," said Hansel. "But at the same time, you need scale and the commitment that China has made to the capital."

Chanje Hopes to provide Energy as a Service

Chanje will subsequently work with large fleet customers to provide renewable energy and charging capabilities as a turnkey service. Chanje's goal is to support organizations as they transition to electric energy systems that are secure, local, renewable and efficient.

In order to convert large North American commercial fleets to zero-emission as efficiently as possible, Chanje strategically chose to partner with FDG to leverage the economies of scale found in the Central Asian markets.

"We have an opportunity to meaningfully overhaul the last mile industry and completely revolutionize how that facet of transportation impacts the environment," said Hansel. "Medium duty electric trucks offer the biggest emissions saving potential of all vehicles because our products fit best where they are needed the most - in highly populated, dense urban centers where noise and air quality are a major concern."

In the future, Chanje will subsequently introduce a full range of electric models including larger trucks and shuttle buses in a variety of lengths and capacities, all aimed at the urban vehicle segment. In the coming weeks, Chanje will announce a major U.S. service, parts and distribution partnership that will provide an unparalleled foothold in the domestic market.

Ground Up EV Design

The first model from Chanje will be a commercial panel van with an increased payload and cargo capacity, equipped to haul up to 6,000 pounds. The average urban delivery route in the U.S. is about 70 miles a day, making last mile delivery a perfect market for electric mobility.

Chanje vehicles are designed to be all-electric from the ground-up and developed to meet global quality and durability standards. A ground-up designed EV can be produced economically at scale and provides substantially improved safety, reliability, and energy efficiency. As a result, customers may see up to 70% lower maintenance costs and 70% savings in fuel costs versus a diesel equivalent.

50 MPGe

The Chanje vehicles have demonstrated greater than 50 MPGe fuel economy in city and highway driving when tested by independent third-parties. MPGe or "miles per gallon equivalent" represents the average miles traveled per unit of energy consumed when compared to 1 gallon of fuel.

Innovation & Connectivity

Chanje has created intelligent connected vehicles with apps and touch screens to create a cleaner and more inviting interior experience. Vehicle connectivity and innovation offer other organizational benefits as well.

Enhanced two-way communication and reporting reduce operating expenses and improve carbon footprint. Traditional fleet systems infrequently ping vehicles for data and report only high level information, such as top speed and location.

chanje interior.jpeg

Chanje is improving smart trucking by reporting real-time data to help organizations with route optimization, emissions calculation, energy consumption optimization, driver profile studies and reporting of service needs. Chanje will also make ongoing vehicle enhancements via remote software updates.

Chanje sees an opportunity to dramatically reduce emissions from commercial vehicle traffic in urban centers as they have the highest concentration of dirty, noisy, diesel-burning trucks and buses.

Replacing a diesel truck with a Chanje medium-duty zero tailpipe emission electric truck will improve air quality as current diesel medium-duty vehicles account for 18% of all greenhouse gas emissions from the transportation sector nationwide and is expected to reduce noise pollution in cities, neighborhoods and along roadways while establishing a truly renewable energy supply for commercial transportation.

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