BrightDrop

ChargePoint’s latest downsizing intended to help stop the bleeding

ChargePoint Holdings is laying off more than 200 employees – 15% of its workforce – in its second downsizing this year. The manufacturer of electric vehicle chargers cut 12% – about 198 jobs – from its global workforce in January.

ChargePoint has been making inroads into commercial trucking and vehicle connectivity. But the financial picture of the company that went public during the SPAC frenzy remains bleak. ChargePoint shares are down more than 35% year to date through Thursday..

The latest...

https://www.freightwaves.com/news/chargepoints-latest-downsizing-intended-to-help-stop-the-bleeding

Could shuttered power plants become electric truck charging sites?

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Where will all the power come from to charge the electric trucks expected to someday dominate the...

https://www.freightwaves.com/news/could-shuttered-power-plants-become-electric-truck-charging-sites

Zero-emission truck adoption soars — and not just in California

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Think electric trucks are just a thing in California? Think again. The Golden State unsurprisingly...

https://www.freightwaves.com/news/zero-emission-truck-adoption-soars-and-not-just-in-california

Truck electrification is much more than picking a charger

You can buy a charger for an electric vehicle from any number of suppliers. But it’s an incomplete purchase without knowing when the charger is operating, how much juice it can put out at a given time and whether or not it’s occupied.

“The last conversation I’m having is ‘Let’s pick the right hardware, how to deploy it cost effectively, and let me help you operate it so you get the SLA (service life agreement) you want,” Rich Mohr, ChargePoint Holdings Inc. senior vice president for North...

https://www.freightwaves.com/news/truck-electrification-is-much-more-than-picking-a-charger

Last-mile startup Arrival cuts 800 jobs as it seeks survival

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Microplant developer Arrival cut 800 jobs — half of its workforce — and named a new CEO Monday. The...

https://www.freightwaves.com/news/last-mile-startup-arrival-cuts-800-jobs-as-it-seeks-survival

As others fail, BrightDrop charges toward $1B in EV revenue

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Several high-profile commercial electric vehicle startups are driving toward bankruptcy, but there...

https://www.freightwaves.com/news/as-others-fail-brightdrop-charges-toward-1b-in-ev-revenue

Pilot and GM plan coast-to-coast EV fast-charging network

White GMC Hummer in front of Pilot truck stop

Pilot Co. will install 2,000 electric fast chargers at 500 of its U.S. truck stops over the next few years, creating a coast-to-coast network in partnership with General Motors.

Startup EVgo (NASDAQ: EVGO) will install, operate and maintain the chargers. The chargers are branded as part of GM’s Ultium Charge 360 network. Chargers will begin appearing at U.S. Pilot and Flying J service plazas in early 2023. The majority of the 500 installations will be in place by 2025, Cathy Zoi, EVgo CEO, said...

https://www.freightwaves.com/news/pilot-and-gm-plan-coast-to-coast-ev-fast-charging-network

Supply chain woes may delay EVs but delivery fleets can’t wait

Blue Rivian van on assembly line

Supply chain issues may be pushing back deliveries of electric vehicles, but that doesn’t mean last-mile delivery fleets looking to adopt can sit back and wait.

“Fleets may think they have plenty of time … but sometimes it will take one to two years for the infrastructure upgrades from the utility,” explained Greg Hintler, U.S. managing director for The Mobility House, an EV charging infrastructure company. “If you want to have electric vehicles in two years, you should have already started or...

https://www.freightwaves.com/news/supply-chain-woes-may-delay-evs-but-delivery-fleets-cant-wait

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