medium-duty electric trucks

Renewed: Nikola and Trevor Milton’s soap opera 

No one asked for another season of the soap opera featuring Nikola Corp. and its convicted founder, Trevor Milton. But here we are.

Heigh- ho, heigh-ho, it’s off to court we go

When last we left the ongoing drama that is Nikola Corp. and its convicted founder, Trevor Milton, the fuel cell truck and hydrogen fuel distribution company had been unable to collect on a $167.7 million arbitration award in November. Milton moved in January to get the award overturned.

Last month, Nikola sued Milton in...

https://www.freightwaves.com/news/renewed-nikola-and-trevor-miltons-soap-opera

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

Mack offers monthly subscription for medium-duty electric truck

SONOMA, Calif. — Mack Trucks is offering an all-in monthly subscription and pay-as-you-go mileage program for its new medium-duty electric trucks, addressing concerns about high upfront costs of acquiring the zero tailpipe-emission vehicles.

The Volvo Group subsidiary introduced its Mack Financial Services ElectriFi Subscription on Monday during a Mack MD Electric ride-and-drive for reporters at the Sonoma Raceway.

The all-in subscription offerings start at a three-year plan requiring a...

https://www.freightwaves.com/news/mack-offers-monthly-subscription-for-medium-duty-electric-truck

3 legacy manufacturers unveil medium-duty electric trucks

The medium-duty field for electric trucks grew by four new entries on Wednesday as Mack Truck, Isuzu and Hino Trucks revealed battery-powered models.

All three made their announcements at the NTEA Work Truck Week industry trade show in Indianapolis.

For Mack, the MD electric joins its lineup of Class 6-7 medium duties it assembles in Roanoke, Virginia, where Mack reentered the medium-duty market in 2020 after a two-decade hiatus. Mack builds a Class 8 LR Electric refuse hauler in Pennsylvania.

“Thi...

https://www.freightwaves.com/news/strong3-legacy-manufacturers-unveil-medium-duty-electric-trucksstrong

Workhorse turns to GreenPower for Class 4 vans while lineup reset

Electric delivery van maker Workhorse Group is going to sell a version of GreenPower Motor Co.’s medium-duty Class 4 vehicle while it redesigns its own product lineup beset by quality and safety issues.

GreenPower’s zero-emissions EV Star is used in cargo and delivery, shuttle, transit and school bus markets. Workhorse will get 1,500 cabs and chassis that it will fit with its battery-electric system and sell in North America as the W750 step van beginning in Q3. 

The W750 will feature up to 150...

https://www.freightwaves.com/news/workhorse-turns-to-greenpower-for-class-4-vans-while-lineup-reset

ELMS to show prototype Class 3 electric van at FedEx event

Electric last mile systems to debut electric cargo van at FedEx contractor event

Electric Last Mile Systems (ELMS) will debut the second of its fully electric delivery vehicles at the upcoming Route Consultant Contractor Expo on July 30-31. The event is the largest FedEx Ground contractors event in the country and will be held in Nashville, Tennessee.

ELMS will show a prototype of its Class 3 vehicle, what it is calling the Urban Utility. The vehicle will join its smaller Class 1 sibling, the Urban Delivery cargo van, which will also be on display. The Class 1 is expected to...

https://www.freightwaves.com/news/elms-to-show-prototype-class-3-electric-van-at-fedex-event

Dana raises sales and profit estimates after strong Q1 results

Commercial vehicle driveline supplier Dana Inc. (NYSE: DAN) beat top and bottom line analyst expectations in Q1 despite supply chain constraints and rising commodity prices.

The Maumee, Ohio-based company experienced less exposure to the global semiconductor shortage than it expected.

“We saw our customers diverting chips toward the key truck platforms that we produce,” Jonathan Collins, Dana’s executive vice president and chief financial officer, said on the company’s earnings call Wednesday.

The...

https://www.freightwaves.com/news/dana-raises-sales-and-profit-estimates-after-strong-q1-results

Motiv Power looks to scale EV chassis business via SPAC merger

Electric vehicle chassis maker Motiv Power Systems is talking to special purpose acquisition companies about tying the knot. With proven technology and growing orders, the early stage growth company seems an ideal candidate for a SPAC dowry.

“We have been talking to a number of different SPACs,” Motiv CEO Matt O’Leary told FreightWaves. “This is a little bit like getting married. I mean, there has to be a good alignment between the target company and the SPAC, both in terms of the mission and...

https://www.freightwaves.com/news/motiv-power-looks-to-scale-ev-chassis-business-via-spac-merger

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