General Motors

Carnage grows among transportation startups

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

In the world of electric vehicle and autonomous trucking startups, the picture of winners and losers...

https://www.freightwaves.com/news/carnage-grows-among-transportation-startups

Last-mile startup Arrival cuts 800 jobs as it seeks survival

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-4’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-4’); });

Microplant developer Arrival cut 800 jobs — half of its workforce — and named a new CEO Monday. The...

https://www.freightwaves.com/news/last-mile-startup-arrival-cuts-800-jobs-as-it-seeks-survival

Lordstown Motors gets OK to ship electric commercial pickup trucks

The Lordstown Motors Endurance has begun regular production.

Lordstown Motors Corp. is beginning to ship battery-powered electric pickup trucks to customers, an accomplishment that quiets doubters about the SPAC-backed startup’s viability even as it sells the trucks for less than they cost to build.

The company said Tuesday it received the final approvals from the U.S. Environmental Protection Agency and the California Air Resources Board, allowing it to sell the trucks in all 50 states. With safety approvals already in hand, assembly of the trucks by...

https://www.freightwaves.com/news/lordstown-motors-gets-ok-to-ship-electric-commercial-pickup-trucks

Pilot and Volvo Group add to public electric charging projects

Volvo Group and Pilot Co. will build on Pilot’s plan to add electric charging at selected truck stops and travel plazas scaled for heavy-duty trucks.

Few specifics accompanied Tuesday’s announcement of a letter of intent to develop public, high-performing charging infrastructure for medium- and heavy-duty electric vehicles at more than 750 Pilot and Flying J locations across North America.

Pilot said in July it would install 2,000 electric fast chargers at 500 of its U.S. truck stops over the...

https://www.freightwaves.com/news/pilot-and-volvo-group-add-to-public-electric-charging-projects

Commentary: After bagging Milton, who will feds go after next?

“It’s the lure of easy money, it’s got a very strong appeal.” — Smuggler’s’ Blues by Glenn Frey

After convicting SPAC-sponsored Nikola Corp. founder Trevor Milton of defrauding investors, who will federal prosecutors target next among transportation companies that took a similar path to public trading?

They have options. A statement by U.S. Attorney Damian Williams suggests some targets of Securities and Exchange Commission and Justice Department subpoenas may have cause for worry.

“Let this case...

https://www.freightwaves.com/news/commentary-after-bagging-milton-who-will-feds-go-after-next

Bosch investing $200M to make hydrogen fuel cells for Class 8 trucks

Convoy of Nikola Tre Alpha fuel cell trucks

German automotive supplier Robert Bosch will invest more than $200 million and add up to 350 jobs to expand an Anderson, South Carolina, facility to build hydrogen-powered fuel cells for heavy-duty truck makers starting in 2026.

Bosch currently supplies fuel cell technology to startup Nikola, which plans to begin production of its fuel cell electric Tre cabover truck in 2023. It plans a fuel cell sleeper cab for long-haul later. Nikola licensed Bosch technology to assemble its own fuel cell...

https://www.freightwaves.com/news/bosch-investing-200m-to-make-hydrogen-fuel-cells-for-class-8-trucks

Pilot Co. invests in Kodiak Robotics to develop autonomous trucking hub

Red Kodiak Robotics sleeper cab under Pilot canopy

Kodiak Robotics is developing a highway-adjacent autonomous trucking hub in Atlanta with Pilot Co. that could foreshadow the startup’s approach to eventual long-haul driverless freight movement using an undetermined number of Pilot and Flying J locations.

Knoxville, Tennessee-based Pilot operates 750 truck stops and travel plazas in 44 states and six Canadian provinces. It made an undisclosed “strategic investment” in privately held Kodiak. Pilot will have a seat on the Mountain View,...

https://www.freightwaves.com/news/pilot-co-invests-in-kodiak-robotics-to-develop-autonomous-trucking-hub

Truck Tech: Infrastructure infancy edition

A new name in electric truck charging and infrastructure broke cover this week with $1 billion or more in private equity funding. With prospects for federal money and significant experience in electrification, Voltera might be a name to watch.

New kid in town 

There’s a new kid in town that could help build infrastructure for electric trucks. The name is Voltera. Its leaders have experience in electric charging. More important, it has access to funding. Lots of funding.

The exact figure is...

https://www.freightwaves.com/news/truck-tech-infrastructure-infancy-edition

+ More
Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.