EVs

Hyundai reveals autonomous, hydrogen-powered trucking concept

Hyundai Trailer Drone and e-Bogie technology aims to bring sustainability to trucking

Sustainability is in right now. Just look at Tesla and its EVs — the company, founded by mercurial technopreneur Elon Musk, had a stock price of around $88 at the beginning of 2020. The company’s shares are now worth north of $700, and other automakers have been paying notice. This week one major player outlined plans for an alternative fuel source to be used not just for commercial travel but for trucking too.

Hyundai Motor Co. (OCTUS: HYMTF) unveiled Hydrogen Vision 2040 at its global Hydrogen...

https://www.freightwaves.com/news/hyundai-reveals-autonomous-hydrogen-powered-trucking-concept

Zero emissions, zero traffic: How an EV company is making delivery sustainable

URB-E PenguinPickUp partnership electric vehicles bikes scooters container delivery Toronto Canada sustainability

For all the triumphs and successes that the logistics field has seen this year, there’s one area where it needs to make up some ground: sustainability. Freight and other modes of logistics transportation are a big driver of pollution and greenhouse gas emissions, accounting for over half of the United States’ total nitrogen oxide emissions and nearly a third of volatile organic compounds emissions.

LA-based compact container delivery company URB-E is looking to Canada to change that. The...

https://www.freightwaves.com/news/zero-emissions-zero-traffic-how-an-ev-company-is-making-delivery-sustainable

GM to bring electric cargo van, medium-duty truck to market

General Motors plans to add two new electric vehicles (EVs) to its commercial vehicle lineup as it continues to expand its electric platform to meet its goal of launching 30 EVs globally by 2025.

The new vehicles — an electric Chevrolet cargo van similar in size to the current Chevrolet Express van and a larger medium-duty vehicle — will leverage the company’s BrightDrop EV business and take advantage of the company’s $35 billion capital and engineering investment efforts.

“Now if you step back...

https://www.freightwaves.com/news/gm-to-bring-electric-cargo-van-medium-duty-truck-to-market

EVs for all: What Biden’s executive order means for gig economy

President Biden executive order EVs electric vehicles 2030 zero emissions gig workers uber lyft

President Biden on Thursday announced an ambitious new goal for the automobile industry – for EVs to make up half of all U.S. vehicle sales by 2030. The president signed an executive order declaring the nonlegally binding milestone a priority, while also proposing new vehicle emission standards to cut pollution by 2026.

But what does this mean for the gig economy, much of which is composed of rideshare companies and drivers? It could spell trouble.

Automakers Ford Motor Co., General Motors Co....

https://www.freightwaves.com/news/evs-for-all-what-bidens-executive-order-means-for-gig-economy

AEV Summit: Xos on why vocational vehicles make great EVs

Xos Trucks is electrifying vocational vehicles.

This fireside chat recap is from FreightWaves’ Autonomous & Electric Vehicles Summit.

FIRESIDE CHAT TOPIC: Electrifying the less glamorous commercial vehicles

DETAILS: From armored trucks to heavy-duty tractors, there are great candidates for electrification. Xos embraces these opportunities to transition to zero tailpipe emission powertrains.

SPEAKER: Dakota Semler is the co-founder and CEO of Xos Trucks.

BIO: Xos Trucks is a Los Angeles-based electric mobility company dedicated to decarbonizing...

https://www.freightwaves.com/news/aev-summit-xos-on-why-vocational-vehicles-make-great-evs

Amazon report: Emissions are up, carbon intensity is down

Amazon released a sustainability report for 2020.

Amazon’s carbon emissions went up in 2020, but its carbon intensity went down, according to the company’s recent sustainability report. 

Amazon’s overall carbon emissions increased by 19% in 2020, the report said. This is not surprising considering the company’s emissions from direct operations alone increased by 67% year over year. That is at least partly due to the increased demand for e-commerce and the growth of the business during 2020. 

What is carbon intensity?

It’s the classic “bang for...

https://www.freightwaves.com/news/amazon-report-emissions-are-up-carbon-intensity-is-down

IKEA to electrify last-mile delivery in Canada with Lion Electric

IKEA to add Lion Electric electric trucks to delivery fleet

IKEA and its last-mile delivery partner in Canada, Second Closet, will deploy 15 all-electric Lion Electric trucks this fall in Canada.

The vehicles making deliveries for IKEA Canada will operate in Bocherville, Quebec; Etobicoke, Ontario; and Richmond, British Columbia. They are Lion6 heavy-duty zero-emission vehicles and will play a significant role in IKEA’s broader sustainability effort, the company said.

“Electrifying our last mile delivery service is an important step in our journey to...

https://www.freightwaves.com/news/ikea-to-electrify-last-mile-delivery-in-canada-with-lion-electric

Cowen: Arrival’s unique approach sets up opportunity in EV space

Cowen begins coverage of EV startup Arrival

Cowen has initiated coverage of electric vehicle startup Arrival (NASDAQ: ARVL), labeling the firm with an outperform rating and setting a price target of $28.50 per share.

The company went public on March 25 through a merger with special purpose acquisition company (SPAC) CIIG Merger Corp. The stock price has dropped from nearly $25 per share to $15.40 in midmorning trading Monday since then. Still, Cowen sees upside in the company’s approach, calling it unique.

“We are constructive on Arrival’s...

https://s29755.pcdn.co/news/cowen-arrivals-unique-approach-sets-up-opportunity-in-ev-space

6 alternative fuel vehicle questions for Ryder’s CTO

FreightWaves asked Ryder's CTO six questions about alternative fuel vehicles.

FreightWaves interviewed Richard Mohr, Ryder’s chief technology officer and VP of new products, to learn more about the alternative fuel vehicle (AFV) solutions that Ryder System (NYSE: R) offers customers.

The interview has been edited for clarity.

FreightWaves: What AFVs does Ryder currently offer customers?

Mohr: “Right now we run a combination of the new emission standards on the diesel vehicles. That’s the OG of alternative fuel. We run natural gas vehicles in our fleet, which we’ve been...

https://www.freightwaves.com/news/6-alternative-fuel-vehicle-questions-for-ryders-cto

+ More