Forum Mobility

Behind Climate United’s historic $250M electric truck buy

Climate United’s plan to spend $250 million to purchase 500 Class 8 electric trucks makes a great headline. But beyond the benefit to owner-operators and small fleets, the impact involves the future of zero-tailpipe-emission freight hauling.

More than cleaning up the ports

Climate United is stewarding a $6.97 billion grant of Inflation Reduction Act (IRA) funds awarded by the Environmental Protection Agency. The immediate goal is to help clean up the nation’s ports, where older and dirtier trucks...

https://www.freightwaves.com/news/behind-climate-uniteds-historic-250m-electric-truck-buy

Opposition grows to speedy electric truck transition

The Advanced Clean Transportation Expo, a generally upbeat event for battery electric, hydrogen and other emission-friendly technologies, takes place next week in Las Vegas amid a growing and widespread backlash to the regulation-driven transition to electric trucks.

Nearly every stakeholder — from the trucking industry and driver organizations to state attorneys general — is weighing in with dire estimates of crippling costs to a cyclical industry. Ryder System Inc. is the latest, dissecting...

https://www.freightwaves.com/news/opposition-grows-to-speedy-electric-truck-transition

Unraveling the mystery of electric trucks’ residual values 

The regulation-driven purchase of commercial electric trucks carry a lot of unknowns. One of the biggest is their residual value, or how much they will be worth as trade-ins.

Rich Mohr, senior vice president of North America ChargePoint, said the past is a prelude for what is happening with first-generation electric trucks.

Depreciating electric trucks to scrap value

“Three years ago, the biggest risk around fleets adopting electric vehicles was the residual value and the [anticipated] life of...

https://www.freightwaves.com/news/unraveling-the-mystery-of-electric-trucks-residual-values

Electric trucks should shake off setbacks in 2024

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Meaningful volume growth eluded heavy-duty electric trucks last year for several reasons: Charging...

https://www.freightwaves.com/news/electric-trucks-should-shake-off-setbacks-in-2024

New charging station for electric trucks to open in Long Beach

The increasing fleet of electric trucks servicing the Port of Long Beach will be able to charge at a new depot on Pico Avenue, just north of the Long Beach International Gateway Bridge, which is set to open in mid-2024.

The Californian port is collaborating with Forum Mobility, a provider of zero-emission drayage trucking solutions, to supply 19 dual-port chargers and six single-dispenser chargers at the new station, which can charge heavy-duty electric trucks in around 90 minutes, depending on...

https://container-news.com/new-charging-station-for-electric-trucks-to-open-in-long-beach/

Forum Mobility adding electric truck charging depot to Long Beach port

A growing number of planned electric truck charging depots in and around the Port of Long Beach in California is barely scratching the surface of the expected need to keep battery-electric trucks moving to match the uptime efficiency of diesel trucks.

Forum Mobility on Thursday announced a 9-megawatt facility adjacent to the Long Beach Container Terminal. When energized in the third quarter of 2024, the facility will be able to charge more than 200 trucks a day. Forum is part of a $400 million...

https://www.freightwaves.com/news/forum-mobility-adding-electric-truck-charging-depot-to-long-beach-port

Newsom leans toward allowing autonomous trucking in California

“And as the years go by

Our friendship will never die

You’re gonna see it’s our destiny

You’ve got a friend in me” — Randy Newman

The battle over whether to allow heavy-duty autonomous trucks on highways in California is coming to an end. It would be premature to call the outcome, but Gov. Gavin Newsom is lining up behind advanced technology over organized labor. Both are major constituent groups of the Democratic governor.

Assembly Bill 316 would effectively kill autonomous testing and...

https://www.freightwaves.com/news/newsom-leans-toward-allowing-autonomous-trucking-in-california

Real estate investors surge into electric truck charging

Somewhere around the middle of the Netflix movie “The Founder,” actor Michael Keaton’s Ray Kroc character is told that his franchise success turns on real estate, not flipping hamburgers.

The same could be said of the nascent electric truck charging business. Every electric charging depot needs land. As part of a multiprong strategy, the biggest real estate developers and a host of well-funded startups are gobbling up acreage for future sites.

The opportunity is enormous. The California Energy...

https://www.freightwaves.com/news/real-estate-investors-surge-into-electric-truck-charging

WattEV opens public truck charging depot in Long Beach port

Nikola Tre models and WattEV chargers

Megawatt charging depots so far are behind-the-fence operations exclusive to the fleets that operate them. Truck-as-a-Service (TaaS) startup WattEV changes that when it opens its first charging-for-all installation at the Port of Long Beach.

“A lot of competitors have been talking about infrastructure, but we actually have equipment in the ground,” Salim Youssefzadeh, WattEV founder and CEO, told FreightWaves ahead of opening its first public changing depot Monday at the Port of Long Beach.

“We...

https://www.freightwaves.com/news/wattev-opens-public-truck-charging-depot-in-long-beach-port

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