Hyzon focuses on US fuel cell market for survival

In its brief four-year history, Hyzon Motors has experienced far more stormy than sunny days. As it struggles to survive, the commercial fuel cell manufacturer is focusing on the U.S., where it sees hydrogen and zero-emission refuse trucks worth pursuing.

Chasing the SPAC money

A spinoff of Singapore-based Horizon Fuel Cell Technologies, Hyzon went public in July 2021 in a reverse merger with special purpose acquisition company Decarbonization Plus Acquisition Corp. It received $550 million in...

https://www.freightwaves.com/news/hyzon-focuses-on-us-fuel-cell-market-for-survival

Can wireless EV charging become an infrastructure player?

Wireless charging of electric vehicles — literally parking a vehicle over a concrete-embedded charging plate and magnetically connecting to a vehicle — is a niche mostly restricted to transit buses and yard tractors that pull containers around a distribution yard. 

But as the rollout of plug-in charging is slowed by infrastructure buildout and lack of timely energizing, the underground solution also known as inductive charging could expand to other uses.

Expensive approach with a swift payback

“We...

https://www.freightwaves.com/news/can-wireless-ev-charging-become-an-infrastructure-player

‘Picky’ Gatik nearing mass-produced autonomous trucks

The struggles of autonomous truck makers to move beyond the testing stage are well chronicled. Seven-year-old Gatik, which owns the short-haul pickup-and-delivery “middle mile,” is an exception. By all indications, it has the money, the partnerships and the runway to reach mass production in 2027.

After discussing Gatik’s technology progress with Apeksha Kumavat, co-founder and chief engineer, on this week’s Truck Tech podcast, I caught up with CEO Gautam Narang. That followed Monday’s...

https://www.freightwaves.com/news/picky-gatik-nearing-mass-produced-autonomous-trucks

Workhorse on the bubble, or is it worse?

Less than three months after my generally upbeat visit to Workhorse Group’s refurbished plant near the Ohio-Indiana border, the electric truck maker’s situation appears dire.

Layoffs and furloughs

Workhorse has laid off 20% of its workforce. Much of the rest is on unpaid furlough and could be called back to work. 

The company is choked with inventory. It has less than $7 million in cash on the books and accounts payable for more than twice that amount. At a projected burn rate less than Q1’s $5.5...

https://www.freightwaves.com/news/workhorse-on-the-bubble-or-is-it-worse

Opposition grows to speedy electric truck transition

The Advanced Clean Transportation Expo, a generally upbeat event for battery electric, hydrogen and other emission-friendly technologies, takes place next week in Las Vegas amid a growing and widespread backlash to the regulation-driven transition to electric trucks.

Nearly every stakeholder — from the trucking industry and driver organizations to state attorneys general — is weighing in with dire estimates of crippling costs to a cyclical industry. Ryder System Inc. is the latest, dissecting...

https://www.freightwaves.com/news/opposition-grows-to-speedy-electric-truck-transition

Really cold hydrogen could bring driving range parity with diesel

The time it takes to fuel a hydrogen-powered fuel cell truck is already on par with diesel. But there is still a yawning gap when it comes to comparable driving range. A new hydrogen storage system that packs more energy density might change that.

The goal of hydrogen and battery-electric trucks is to reduce the 12% of greenhouse gas emissions attributed to heavy-duty trucking.

Chill out: Verne goes deep into minus celsius for cryo-compression

San Francisco-based startup Verne is named after 19th...

https://www.freightwaves.com/news/really-cold-hydrogen-could-bring-driving-range-parity-with-diesel

Platform Science secures $125M to grow OEM partnerships

Platform Science, a provider of connected vehicle solutions, announced on Tuesday a significant milestone in its growth journey, securing $125 million in funding aimed at bolstering its presence in the commercial trucking sector. 

Participating in this round are existing investors 8VC, NewRoad Capital Partners, and Prologis Ventures (NYSE:PLD), joined by new backers Activant Capital, Manhattan Ventures Partners and BDT & MSD Partners.

This expansion round also witnessed participation from...

https://www.freightwaves.com/news/platform-science-secures-125m-to-grow-oem-partnerships

Bosch’s RevX rolls up available spot loads 

If freight brokers weren’t so preoccupied with celebrating competitor missteps, one of them might have beaten Robert Bosch to RevX — a spot load aggregation tool that also flags double brokering.

The cloud-based RevX is the second product from the German auto supplier’s global Logistics Operating System (L.OS), aimed at simplifying technology and operational processes in transportation and logistics. L.OS launched in December with a goal of generating more than $540 million in freight-related...

https://www.freightwaves.com/news/boschs-revx-rolls-up-available-spot-loads

Aurora’s driverless trucks show they are for real

After numerous rides in autonomous trucks monitored by safety drivers in case of a mishap, I found it almost surreal to climb into Aurora Innovation’s Class 8 driverless truck, buckle up, hear the engine rumble to life and the air brakes disengage, and feel the truck move under its own power — with no one in the driver’s seat.

While two of three Americans still fear autonomous vehicles, according to AAA’s latest survey released Thursday, my three-quarter-mile ride around an Aurora test facility...

https://www.freightwaves.com/news/auroras-driverless-trucks-show-they-are-for-real

Diesel distancing propels alternative fuel options

Renewable natural gas, battery-electric and hydrogen-powered trucks all target fleets switching from diesel ahead of coming regulations requiring costly additional emissions after-treatment. Which alternative will win? Possibly all of them.

Vouchers make first Nikola fuel cell trucks ‘cheaper than a diesel’

Back in 2018, Anheuser-Busch placed an initial order for up to 800 Nikola fuel cell trucks. Ever so slowly, that is becoming a reality.

After numerous missteps and setbacks, Nikola produced 42...

https://www.freightwaves.com/news/diesel-distancing-propels-alternative-fuel-options

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