Electric axles
Cummins will buy Meritor for $3.7B
Cummins Inc., which is rapidly transforming from solely a leading maker of diesel engines into electric powertrains and zero-emissions technologies, said Tuesday it will pay $3.7 billion in cash to acquire Meritor Inc., merging their distinct traditional and advanced technology components.
“The two companies are largely complementary,” Cummins CEO Tom Linebarger said on a call with analysts. “Almost everything Meritor’s been working on Cummins has not been working on and vice versa. And the two...
https://www.freightwaves.com/news/cummins-will-buy-meritor-for-37b
Shell Starship tractor-trailer ready for 2021 relaunch
Shell Lubricants announced on Wednesday that its concept tractor-trailer combination, the Starship, has been updated and will complete a second cross-country run in early 2021.
Dubbed Starship 2.0, the truck will build upon the initial cross-country run conducted in 2018, which saw the Class 8 combination unit achieve an 8.94 miles per gallon average fuel economy and reach 178.4 ton-miles per gallon in freight ton efficiency, as measured by the North American Council for Freight Efficiency...
https://www.freightwaves.com/news/shell-starship-tractor-trailer-ready-for-2021-relaunch