Motiv Power Systems

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

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

Truck electrification is much more than picking a charger

You can buy a charger for an electric vehicle from any number of suppliers. But it’s an incomplete purchase without knowing when the charger is operating, how much juice it can put out at a given time and whether or not it’s occupied.

“The last conversation I’m having is ‘Let’s pick the right hardware, how to deploy it cost effectively, and let me help you operate it so you get the SLA (service life agreement) you want,” Rich Mohr, ChargePoint Holdings Inc. senior vice president for North...

https://www.freightwaves.com/news/truck-electrification-is-much-more-than-picking-a-charger

Cash-poor transportation startups gambling for fresh capital

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As transportation and electrification startups struggle to raise capital, they are increasingly...

https://www.freightwaves.com/news/cash-poor-transportation-startups-gambling-for-fresh-capital

Urb-E joins Santa Monica zero-emission delivery pilot

An Urb-E delivery driver travels down a Santa Monica street with his electric cargo bike

Last-mile and container-based delivery firm Urb-E launched service in Santa Monica, California, Thursday as it continues to expand its zero-emission delivery service.

Ten Urb-E electric bikes and cargo containers are being used in Santa Monica Zero Emission Delivery Zone (ZEDZ) lanes on Santa Monica and Colorado boulevards. The plan is to more than double the current fleet, which will deliver meal kits, e-commerce orders, groceries and subscription boxes on a daily basis.

“Santa Monicans have had...

https://www.freightwaves.com/news/electric-cargo-bike-tackles-last-mile-delivery-in-california

Truck Tech: Workin’ for a livin’ edition

This week, unmasked in Indy with snowplows, dump trucks, cranes and lots of step vans with an electric undercurrent; “EV-ready” tires; and Locomation keeps its biggest customer in the fold.

Not counting air travel to the Work Truck Week event in Indianapolis, the event was a maskless affair. While COVID impacts continue to snarl supply chains and spike commodity prices, the well-attended event focusing on Class 2-6 trucks at the Indianapolis Convention Center exhibited only a few individual...

https://www.freightwaves.com/news/truck-tech-workin-for-a-livin-edition

Truck Tech: Rare earth alternative edition

This week, Tula Technology Inc. thinks it has a better idea for electric motors that could ease worries about the availability of rare earth materials; a pilot project using B100 biodiesel exceeds 600,000 miles; and Aurora Innovation and Proterra Inc. get new leadership in the C-suite.

Is this the next semiconductor shortage?

The energy density of batteries gets a lot of attention in the electric vehicle space. The more energy a battery can hold, the longer the driving range and the less...

https://www.freightwaves.com/news/truck-tech-rare-earth-alternative-edition

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