Behind Climate United’s historic $250M electric truck buy

Climate United’s plan to spend $250 million to purchase 500 Class 8 electric trucks makes a great headline. But beyond the benefit to owner-operators and small fleets, the impact involves the future of zero-tailpipe-emission freight hauling.

More than cleaning up the ports

Climate United is stewarding a $6.97 billion grant of Inflation Reduction Act (IRA) funds awarded by the Environmental Protection Agency. The immediate goal is to help clean up the nation’s ports, where older and dirtier trucks...

https://www.freightwaves.com/news/behind-climate-uniteds-historic-250m-electric-truck-buy

Electrifying in-bound logistics continues to expand globally

Volvo Trucks North America started using zero-emission electric trucks for in-bound logistics in 2021. It told fleets that to qualify to bring parts to Volvo plants, they would need VNR Electric trucks.

Freight forwarders complied. Watsontown Trucking Co. and Camrett Logistics ordered Class 8 VNR Electric trucks in October 2021. They began round trips to NRV in December of that year. Ryder System Inc. likewise leased seven VNR Electric trucks to transport pallets of components for heavy-duty...

https://www.freightwaves.com/news/electrifying-in-bound-logistics-continues-to-expand-globally

It’s all in the numbers for Nikola

Three numbers tell the desperate state of fuel cell truck maker and hydrogen fuel provider Nikola. Dozens of others apply, but these three suggest the clock is ticking faster on whether the company can survive.

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By the numbers …

Nikola’s notable numbers: 135, 29.07% and 88.

135

https://www.freightwaves.com/news/its-all-in-the-numbers-for-nikola

IAA 2024: Daum’s legacy – a stand-alone Daimler Truck

The Sept. 4 news release announcing Martin Daum’s successor as Chair and CEO of Daimler Truck didn’t precisely say the legendary trucking industry executive was retiring.

This week at the IAA Transportation truck exhibition, Daum definitively answered the question. He’s done at the end of the year.

The Sept. 4 news release announcing Martin Daum’s successor as Chair and CEO of Daimler Truck didn’t precisely say the legendary trucking industry executive was retiring.

This week at the IAA...

https://www.freightwaves.com/news/iaa-2024-daums-legacy-a-stand-alone-daimler-truck

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

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

‘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

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

Daimler Truck marries electric and autonomous technologies

Daimler Truck added autonomous driving technology to its Class 8 electric eCascadia, creating a demo that addresses future markets for driverless trucks and emission realities that will eventually push out diesel fuel.

“We asked ourselves, ‘What would it look like if we combined the freight efficiency potential of an autonomous truck with the promise of zero emissions and decarbonization of our series production electric vehicle?’” Joanna Buttler, head of the Daimler Truck Global Autonomous...

https://www.freightwaves.com/news/daimler-truck-marries-electric-and-autonomous-technologies