James Taylor, the former CEO of Electric Last Mile Solutions, kept a low profile following the bankruptcy sale of the company’s assets to Mullen Automotive. This week, he resurfaced as CEO of Mullen-controlled Bollinger Motors, a maker of electric trucks.
Was...
This fireside chat recap is from FreightWaves’ Enterprise Summit on Wednesday.
FIRESIDE CHAT TOPIC:The pros and cons of fleet electrification
DETAILS: Tony Williamson, director of business development and sustainability at Gage Zero, says drayage companies have to explore how to fit electric trucks into their fleets because of state and federal regulations. Gage Zero is a developer and operator of charging infrastructure for truck fleets.
KEY QUOTES FROM WILLIAMSON:On the pressure to reduce...
https://www.freightwaves.com/news/drayage-fleets-need-education-to-learn-benefits-of-electrification
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 moneyA 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
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: California’s electric truck mandate could affect Mexican transporters; Mexico’s Isthmus of Tehuantepec railway delivers first load; Texas EV startup secures electric van order; and Korea International Trade Association opens office in Texas.
California’s electric- truck mandate could affect Mexican transporters
Mexico-based cross-border trucking operators are struggling...
Wireless charging of electric vehicles — literally parking a vehicle over a concrete-embedded charging plate and magnetically connecting to a vehicle — is a niche mostly restricted to transit buses and yard tractors that pull containers around a distribution yard.
But as the rollout of plug-in charging is slowed by infrastructure buildout and lack of timely energizing, the underground solution also known as inductive charging could expand to other uses.
Expensive approach with a swift payback“We...
https://www.freightwaves.com/news/can-wireless-ev-charging-become-an-infrastructure-player
Announcements of new charging depots for electric trucks seem to come almost weekly. Some are more promises than ready-to-go power. Sitetracker, a SaaS business rooted in telecommunications, is providing a cloud-based backbone to move things along.
Sitetracker has been around since 2008. In four rounds of fundraising, it has brought in $183 million, including $66 million in a Series D round in 2022. The Montclair, New Jersey-based company has doubled its head count while seizing opportunities in...
https://www.freightwaves.com/news/sitetracker-speeding-electric-truck-charging-behind-the-scenes
Nikola has delivered 75 hydrogen-powered fuel cell trucks to customers. It has an order bank that should begin to produce meaningful revenue. Now it is producing statistical evidence that hydrogen-powered trucking is not just for show.
At two industry conferences this week and in data shared first with Truck Tech, Nikola revealed it has:
https://www.freightwaves.com/news/nikola-stats-show-h2-powered-trucking-is-for-real
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 furloughsWorkhorse 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
LAS VEGAS — The Advanced Clean Truck Expo is a come-all event. Until this year, Tesla has passed on attending.
The ACT Expo has outgrown the art deco charm of Long Beach and the “Disney-fied” atmosphere of Anaheim, California. This year, it moved to convention mecca with exhibitors filling the North Hall of the sprawling Las Vegas Convention Center. It returns to Anaheim in 2025, occupying both halls of the convention center in 2025.
Dozens of battery electric, fuel-cell electric and alternative...
https://www.freightwaves.com/news/tesla-to-trucking-industry-step-up-your-electric-game
Logistics real estate investment trust Prologis announced the opening of Southern California’s largest electric charging depot for heavy-duty trucks through a partnership with Performance Team, a warehousing and distribution subsidiary of Maersk.
The station is located near the ports of Los Angeles and Long Beach. With nine megawatts of capacity, the depot can charge up to 96 heavy-duty trucks at the same time.
The facility was built in just five months and boasts the nation’s biggest electric...
https://www.freightwaves.com/news/prologis-maersk-launch-heavy-truck-charging-hub-near-socal-ports