Department of Energy

La startup de vehículos eléctricos Canoo se declara en quiebra y cesa sus operaciones

El espacio de los vehículos eléctricos de servicio mediano sigue reduciéndose. Canoo, la startup de vehículos eléctricos de siete años, se acogió al Capítulo 7 de la ley de bancarrota y anunció el cese inmediato de sus operaciones. A presione soltar señaló que el proceso de liquidación está siendo...

https://fullavantenews.com/la-startup-de-vehiculos-electricos-canoo-se-declara-en-quiebra-y-cesa-sus-operaciones/?lang=es

Electric vehicle startup Canoo files for bankruptcy, ceases operations

The medium-duty electric vehicle space continues to get smaller. Seven-year-old electric vehicle startup Canoo has filed Chapter 7 bankruptcy and announced an immediate halt to operations. A press release noted the liquidation process is being overseen by a bankruptcy trustee in the Delaware Bankruptcy Court.

Canoo Inc., once listed on the Nasdaq Composite under the ticker symbol GOEV, was a notable player in the EV market, particularly in the electric cargo segment. Despite its partnerships...

https://www.freightwaves.com/news/electric-vehicle-startup-canoo-files-for-bankruptcy-ceases-operations

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

DOE-developed rail car for spent nuclear fuel undergoes final testing

This week saw some developments in the rail car manufacturing space:

Specially designed rail car for spent nuclear fuel could be cleared for use by 2023’s end

The U.S. Department of Energy’s Office of Nuclear Energy says a specially designed, 12-axle rail car that would carry spent nuclear fuel could be ready for operational use by the end of this year.

DOE has been busy conducting final tests of the Atlas rail car, which is designed to transport spent nuclear fuel and high-level radioactive waste...

https://www.freightwaves.com/news/doe-developed-rail-car-for-spent-nuclear-fuel-undergoes-final-testing

Freightliner SuperTruck II looks for technology life after research

LAS VEGAS — For the $20 million it spent on the Freightliner Cascadia SuperTruck II program, Daimler Truck North America expects some of the advanced technology to find its way into production.

That’s what happened after SuperTruck I, an $80 million split between DTNA and the Department of Energy that ran between 2010 and 2015. The DOE matched DTNA’s $20 million for SuperTruck II.

The investment from the first SuperTruck program paid off. Current generation Freightliner Cascadias have a...

https://www.freightwaves.com/news/freightliner-supertruck-ii-looks-for-technology-life-after-research

DOE methodology for determining diesel prices sees 2 key changes

The methodology change for producing the weekly average retail diesel price published each week by the Department of Energy has taken the survey base up to 590 outlets, according to a spokesman for the agency.

In response to a series of questions submitted by FreightWaves regarding the methodology shifts, Chris Higginbotham of the Energy Information Administration’s media relations team identified two major changes in how the weekly price, which is the basis for most fuel surcharges, is now...

https://www.freightwaves.com/news/doe-methodology-for-determining-diesel-prices-sees-2-key-changes

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