When most fleets think about the electric grid, it’s about how much power they can get and when. Seed-stage startup Synop has another idea – making money by helping return unneeded power to utilities.
When Gagan Dhillon worked for Volvo Trucks North America, he saw an opportunity to create a TMS for electric trucks. No one was interested. Then he and longtime friend Andrew...
https://www.freightwaves.com/news/building-an-electrification-business-in-reverse
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https://www.freightwaves.com/news/daily-infographic-decarbonizing-the-nations-school-bus-fleet
On its first day of public trading, Canada’s Lion Electric Co. made good on a pledge to expand manufacturing in the U.S., investing $70 million to convert a partially finished warehouse in Joliet, Illinois, into a plant to build electric trucks and buses.
At least 745 new jobs are expected to be created over the next three years.
Lion, based in St. Jerome, Quebec, is expected to receive about $490 million after expenses in a business combination completed Thursday with Northern Genesis...
https://s29755.pcdn.co/news/newly-public-lion-electric-will-build-electric-trucks-in-illinois
Daimler Trucks North America (DTNA) is building new trucks at pre-pandemic levels, recovering from practically no production and the furlough of 15,000 workers in April.
“Our backlog is into the fourth quarter and we have a lot of orders for 2021,” DTNA CEO Roger Nielsen told reporters during a virtual media roundtable on Monday.
“It’s been a tough year,” he said. “Five months ago today, on St. Patrick’s Day, we were wondering what our business was going to look like.”
The July retail volume of...
https://s29755.pcdn.co/news/daimler-trucks-north-america-building-at-pre-pandemic-levels