Trucking companies see not-too-distant future for battery-electric trucks

FIRESIDE CHAT TOPIC: Early experiences with battery-electric fleets. 

DETAILS: Bill Bleim of NFI Industries was involved in the very early tests of Class 8 electric trucks. Bleim knows their limitations and what roles they perform best. Rob Reich of Schneider has less experience, but both companies are proving where electrified transportation fits in the heavy-duty freight world.

SPEAKERS: Bill Bliem, senior vice president of fleet services at NFI; and Rob Reich, EVP and chief administrative...

https://www.freightwaves.com/news/trucking-companies-see-not-too-distant-future-for-battery-electric-trucks

GE Appliances to power up electric truck test

Picture of white electric truck with blue trailer

GE Appliances (GEA) is deploying six electric trucks at three locations as part of the first phase of an electric vehicle trial with Einride. GEA will use the trucks in Georgia, Kentucky and Tennessee with plans to add six more EV trucks later this year.

The companies first announced a partnership in October 2021 that included both EVs and trials of Einride’s autonomous Pod cargo transport system.

“We’ve adopted many environmentally sustainable manufacturing practices to reduce the carbon...

https://www.freightwaves.com/news/ge-appliances-to-test-electric-trucks-from-einride

Sustainability insights from Titan Freight CEO

Titan Freight CEO sits at the wheel of a navy Freightliner eCascadia electric truck.

Leading up to Earth Day and FreightWaves’ Net-Zero Carbon Summit on Friday, FreightWaves asked Keith Wilson, CEO and president of Portland, Oregon-based Titan Freight Systems, about what the company is doing to improve sustainability and why it matters.

The interview has been edited for clarity and length.

FREIGHTWAVES: How did you become interested in trucking and sustainability?

WILSON: “My father started delivering luggage from the airport that would come in a few days later, and that’s how we...

https://www.freightwaves.com/news/sustainability-insights-from-titan-freight-ceo

Breaking through barriers: Getting electric trucks on the road will require a team effort

Climate change has become one of the top concerns for governments and citizens across the globe in recent years. Companies from all industries are forced to pay attention to their carbon footprint as regulators shift to using cleaner policies and consumers start buying greener products. This issue is especially significant in the transportation and logistics industry, as moving goods across the country has a direct impact on our climate.

Transportation in general accounts for roughly 29% of all...

https://www.freightwaves.com/news/breaking-through-barriers-getting-electric-trucks-on-the-road-will-require-a-team-effort

FreightWaves introduces EV directory

If you’re at all familiar with the electric vehicle industry, you know just how quickly it can change. If you’re not familiar, coming to understand its dynamics now might feel like an impossible task.

We believe the FreightWaves EV directory has something to offer both types of people.

The page sprung out of two interests. First, we wanted to develop a landing page that could change continually with the day-to-day swings of the EV market. Second, we wanted to try our hand at a new general method...

https://www.freightwaves.com/news/freightwaves-introduces-ev-directory

Ree unleashes autonomous Leopard EV for last-mile delivery

Ree Automotive has announced the Leopard, a skateboard design electric vehicle (EV) for autonomous last-mile delivery and passenger transport.

The Herzliya, Israel-based company will showcase the Leopard at the upcoming Consumer Electronics Show in Las Vegas in January. The company is opening a U.S. headquarters and integration center in Austin, Texas.

“This concept showcases just one design application of our groundbreaking technology, one that answers the strategically crucial question of how...

https://www.freightwaves.com/news/ree-unleashes-autonomous-leopard-ev-for-last-mile-delivery

Rivian files for what could be the 4th-largest IPO of the decade

Rivian files for IPO, electric vehicle maker seeks $80B valuation

Amazon-backed electric vehicle maker Rivian confirmed Friday it has filed paperwork for an initial public offering, aiming to sell on the Nasdaq under the symbol “RIVN.” The placeholder value of the IPO is $100 million. 

The public capital raise is being led by a syndicate that includes power players Morgan Stanley, Goldman Sachs and JP Morgan.

According to the filing, the EV maker is still far from profitable, losing $994 million in the first six months of 2021 and over $1 billion in 2020.

“We...

https://www.freightwaves.com/news/rivian-files-for-what-could-be-the-4th-largest-ipo-of-the-decade

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