Morgan Olson
Xos evolves into full-fledged electric truck manufacturer
Startup Xos Trucks revealed purpose-built electric trucks, moving from a powertrain components integrator closer to a full-fledged original equipment manufacturer offering end-to-end services to fleets.
Distinctive Xos styling
Xos showed two purpose-built chassis cabs Tuesday night in Los Angeles. Each bears looks distinctive to the 7-year-old company.
The Xos MDXT is a Class 6 or 7 medium-duty electric chassis cab. It can travel up to 270 miles on a single charge. It offers a maximum 16,000...
https://www.freightwaves.com/news/xos-evolves-into-electric-truck-manufacturer
Oshkosh beats Workhorse for Postal Service delivery vehicle contract
Defense contractor Oshkosh Truck Corp. (NYSE: OSK) won a 10-year contract to build next-generation delivery vehicles (NGDVs) for the U.S. Postal Service, beating out electric delivery van maker Workhorse Group Inc.
Day traders had driven Workhorse (NASDAQ: WKHS) shares to record levels in recent months, anticipating that at least a piece of the multibillion-dollar contract would be awarded to the company. It was one of three finalists. The Postal Service delayed awarding the contract for several...
https://s29755.pcdn.co/news/oshkosh-beats-workhorse-for-postal-service-delivery-vehicle-contract
Workhorse scrutinized as Postal Service again delays contract
Investors pummeled Workhorse Group (NASDAQ: WKHS) shares Wednesday after the U.S. Postal Service again delayed a multibillion-dollar contract for next-generation delivery vehicles.
“The COVID-19 pandemic previously resulted in the expected production award being pushed to the end of 2020,” Postal Service spokeswoman Kim Frum said Wednesday,
“However, amid continuing COVID-19 concerns, and in order to provide for capital investment activities and required approvals, the program decision is now...
https://s29755.pcdn.co/news/workhorse-group-scrutinized-as-postal-service-again-delays-contract