North American Council for Freight Efficiency

Hyzon becomes latest SPAC-backed startup to crash

Even with a stream of positive news releases, the signs and warnings for Hyzon were there. Now reality has arrived: Fuel cell developer Hyzon Motors is the latest startup to give up after going public during the SPAC craze of 2020-2021.

Hyzon fought through numerous obstacles, including a $25 million fine from the Securities and Exchange Commission related to fabricating orders for hydrogen-powered commercial trucks in China.

The spinoff of Singapore’s Horizon Fuel Cell Technologies chased the...

https://www.freightwaves.com/news/hyzon-becomes-latest-spac-backed-startup-to-crash

It’s all in the numbers for Nikola

Three numbers tell the desperate state of fuel cell truck maker and hydrogen fuel provider Nikola. Dozens of others apply, but these three suggest the clock is ticking faster on whether the company can survive.

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By the numbers …

Nikola’s notable numbers: 135, 29.07% and 88.

135

https://www.freightwaves.com/news/its-all-in-the-numbers-for-nikola

After ELMS bankruptcy, James Taylor resurfaces as CEO of Bollinger Motors

James Taylor, the former CEO of Electric Last Mile Solutions, kept a low profile following the bankruptcy sale of the company’s assets to Mullen Automotive. This week, he resurfaced as CEO of Mullen-controlled Bollinger Motors, a maker of electric trucks.

Longtime automotive executive James Taylor (center) became CEO of Bollinger Motors on Tuesday. Siva Kumar (left) became chief strategy officer. Bryan Chambers (right) became president and chief operating officer. (Photo: Bollinger Motors)

Was...

https://www.freightwaves.com/news/after-elms-bankruptcy-james-taylor-resurfaces-as-ceo-of-bollinger-motors

Will natural gas payback beat EV adoption?

The confluence of a new, bigger engine, net-zero carbon emissions from renewable natural gas (RNG) and pressure from shippers for their carriers to operate sustainably add up to a bright picture for natural gas adoption.

But a new study from the North American Council for Freight Efficiency (NACFE) points to a couple of cautions. First is methane leakage from the source of the RNG. Methane escaping into the atmosphere is a huge contributor to planet-warming greenhouse gas.

Second, and most...

https://www.freightwaves.com/news/will-natural-gas-payback-beat-ev-adoption

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

ConMet acquires maker of tractor-trailer gap-closing TruckWings

Tractor-trailer parts and components maker ConMet has acquired Truck Labs, the inventor of gap-closing TruckWings that create fuel savings through aerodynamics.

Truck Labs, founded in 2014 as XStream, will become a wholly owned subsidiary of Vancouver, Washington-based ConMet. Financial terms were not disclosed.

Becoming part of a major supplier could help Truck Labs move into OEM factories after operating mostly in the aftermarket.

Classic combination

“It’s classic in our industry. Some...

https://www.freightwaves.com/news/conmet-acquires-maker-of-tractor-trailer-gap-closing-truckwings

NACFE lays out progression to hydrogen fuel cell trucks

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Hydrogen-powered fuel cell trucks are the only long-term zero-emissions technology suitable for...

https://www.freightwaves.com/news/nacfe-lays-out-progression-to-hydrogen-fuel-cell-trucks

High-flying TruckWings looks at what’s next

TruckWings, the aerodynamic tractor-trailer gap-closing hardware, has surpassed 500 million miles of real-world use. TruckLabs founder Daniel Burrows figures someone will buy his 8-year-old company — someday.

The aerodynamic flight of TruckWings

Trucking technology claims tied to the number of miles driven is a common proof point of effectiveness. When that number is 500 million miles, it’s hard to miss. TruckLabs, the inventor of TruckWings gap-closing hardware for tractor-trailers, has...

https://www.freightwaves.com/news/high-flying-truckwings-looks-at-whats-next

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