hydrogen fuel cell trucks

White Paper: Battery electric vs. hydrogen fuel cell vs. HVO – which is the winning technology?

Various types of heavy-haul transportation claim to be environmentally friendly, but just how resilient one type of technology or fuel might be depends on a range of factors – such as the GHG emissions associated with producing the required fuel and whether there is a feasible chance that this type of fuel can meet the overall transportation demand.

In this white paper, Einride compares the three most talked-about alternatives to diesel – battery electric, HVO biofuel, and hydrogen fuel cell –...

https://www.freightwaves.com/news/white-paper-battery-electric-vs-hydrogen-fuel-cell-vs-hvo-which-is-the-winning-technology

Nikola gets boost to European fuel cell truck business

A German provider of integrated energy solutions has signed a letter of intent to purchase 100 hydrogen-powered trucks from Nikola Corp. It is the startup’s first prospective European customer for Nikola Tre fuel cell electric vehicles.

A letter of intent is not the same as a purchase order. But it boosts Nikola’s manufacturing joint venture with Iveco in Ulm, Germany. That’s where the trucks would be built for delivery in 2024 and 2025.

GP Joule, based in Reussenkoege, Germany, wants the...

https://www.freightwaves.com/news/nikola-gets-boost-to-european-fuel-cell-truck-business

Hyundai’s Xcient positioned for instant US fuel cell truck leadership

Like a political candidate running unopposed, Hyundai Motor will passively assume U.S. leadership in hydrogen-powered fuel cell trucks next year when 35 Xcient models arrive in California.

Hyundai has competition in the zero-emission trucking space. But none is likely to match the South Korean automaker. It has worked on fuel cell technology since 1998. And it and fielded its first fuel cell vehicle, a 160-kilowatt bus, in 2005.

The Xcient essentially doubles the 90-kW fuel cell stack technology...

https://www.freightwaves.com/news/hyundais-xcient-positioned-for-instant-us-fuel-cell-truck-leadership

Fuel-cell maker Hyzon Motors craters after disclosing financial troubles

Hyzon truck in fron of company facility

Hyzon Motors is the latest electrification startup to crash after going public through a special purpose acquisition company. The maker of hydrogen fuel cell systems for heavy-duty trucks pulled its forward financial guidance, sending its shares down 38%.

Hyzon told the Securities and Exchange Commission late Thursday that it won’t report second-quarter earnings as expected on Aug. 15. And it said its financial reports for the first quarter and full-year 2021 no longer can be relied upon.

The...

https://www.freightwaves.com/news/fuel-cell-maker-hyzon-motors-craters-after-disclosing-financial-troubles

Volvo Group hits Q2 trifecta of higher sales, profit and share gains

Row of four bluish purple Volvo Class 8 trucks

Volvo Group checked the boxes for higher sales, profits and market share for its trucking business in the second quarter despite ongoing supply chain disruptions.

“Our customers in most regions are benefiting from high transport and infrastructure activity, which continues to drive good demand for our products and services,” Martin Lundstedt, Volvo president and CEO, said in an earnings report.

But order backlogs and lead times for new truck deliveries are long. That is forcing the Goteborg,...

https://www.freightwaves.com/news/volvo-group-hits-q2-trifecta-of-higher-sales-profit-and-share-gains

Truck Tech: Electric incentives edition

Truck Tech logo on blue background

The supply is running low. But getting in on California’s free money for electric truck purchases is still doable. Also, Walmart lays out its plan for sustainable over-the-road trucking. And Kodiak Robotics shows the ease of maintaining autonomous tech on its fourth-generation truck.

Was this newsletter forwarded to you? Click here to get Truck Tech in your email on Fridays.

There’s a voucher for that

It’s no secret that a Class 8 electric truck can cost three times as much up front as a...

https://www.freightwaves.com/news/truck-tech-electric-incentives-edition

Ports begin charging diesel-powered polluters to build Clean Truck Fund

The ports of Los Angeles and Long Beach on Friday began charging diesel-powered drayage trucks $10 per unit entering and leaving the ports with proceeds going to a Clean Truck Fund that will help pay for zero-emission trucks and infrastructure.

The Clean Truck Rate is charged per 20-foot-equivalent unit hauled by a diesel truck. A typical 40-foot container would cost $20 to move. Electric trucks and certain alternative fuel vehicles are exempt. 

Zero-emission trucks like the battery-electric...

https://www.freightwaves.com/news/ports-begin-charging-diesel-powered-polluters-to-build-clean-truck-fund

Navistar owner Traton upsizes electrification spend to nearly $3B by 2026

Traton Group, which now includes Navistar International, is upsizing its planned spending on battery-electric trucks to nearly $3 billion between now and 2026 and says some applications of hydrogen-powered fuel cells might make sense, a softening of its batteries-only stance.

Traton, the truck holding company of German automaker Volkswagen AG, said this week it was increasing by 1 billion euros ($1.1 billion) its planned spending on electrification from a previously announced 1.6 billion euros...

https://www.freightwaves.com/news/navistar-owner-traton-upsizes-electrification-spend-to-nearly-3b-by-2026

Cash-strapped Nikola expands equity-for-credit line to $600M

Electric truck startup Nikola Corp. is doubling the size of its stock-for-credit line with a private lender to $600 million, enough credit to ramp up production through 2022, the company said Monday.

Nikola (NASDAQ: NKLA) will sell up to $300 million shares to Tumim Stone Capital at a 3% discount and make an up front payment of  252,040 shares worth $3,011,878 at Monday’s closing price of $11.95. The 75 basis points up front and the discount are the same as the terms of the first $300 million...

https://www.freightwaves.com/news/cash-strapped-nikola-expands-equity-for-credit-line-to-600m

Truck Talk: Taking the high road edition

This week, Hyliion lets slide a slight; hydrogen fuel cells are everywhere, or it seems that way; and thermal imaging gets a look as a way to enhance autonomous trucking perception.

Yeah, he meant it

Like most conferences, in person or virtual, panel discussions prevailed at last week’s Advanced Clean Transportation Expo. One exchange that didn’t happen stood out.

Hyliion Holdings founder and CEO Thomas Healy was making his first of several appearances during the week, talking up his company’s...

https://www.freightwaves.com/news/truck-talk-taking-the-high-road-edition

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