Cowen Equity Research

High-flying TruckWings looks at what’s next

TruckWings, the aerodynamic tractor-trailer gap-closing hardware, has surpassed 500 million miles of real-world use. TruckLabs founder Daniel Burrows figures someone will buy his 8-year-old company — someday.

The aerodynamic flight of TruckWings

Trucking technology claims tied to the number of miles driven is a common proof point of effectiveness. When that number is 500 million miles, it’s hard to miss. TruckLabs, the inventor of TruckWings gap-closing hardware for tractor-trailers, has...

https://www.freightwaves.com/news/high-flying-truckwings-looks-at-whats-next

Cowen expects Electric Last Mile Systems to charge ahead

Cowen issues positive report on electric vehicle maker ELMS

In an increasingly competitive space, Cowen Equity Research has initiated coverage of Electric Last Mile Systems (ELMS) with an outperform rating, setting a per-share price target of $14.

ELMS (NASDAQ: ELMS) closed Thursday at $9.15, down 6% from the open.

The research firm said it was “impressed by the company’s experienced management team and capital-light go-to-market business model that focuses on keeping its approach to manufacturing simple” and a low capital expenditure need to bring Class...

https://www.freightwaves.com/news/cowen-expects-electric-last-mile-systems-to-charge-ahead

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