QuantumScape Archives - Maritime Shipping News

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

18 March 2022

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

Navistar boss says battery-electric trucking is long-term decarbonization answer

5 February 2022

Navistar International is continuing work on fuel cell projects that began before it was acquired by Volkswagen’s Traton Group, but CEO Mathias Carlbaum follows parent Traton Group’s mantra that batteries are the long-term solution for decarbonizing commercial trucking.

“There is a window there, but over time because of the better energy efficiency, batteries will prevail,” Carlbaum told a virtual roundtable of reporters Friday in his first public remarks since becoming CEO Sept. 1, 2021.

Navista...

https://www.freightwaves.com/news/navistar-boss-says-battery-electric-trucking-is-long-term-decarbonization-answer

Hyliion plans bigger battery to stay relevant in electric truck race

6 August 2021

At risk of ceding ground in the race to battery-electric trucks, Hyliion Holdings will launch its natural gas generator-powered hybrid powertrain with 75 miles of electric range, enough to qualify the Hypertruck ERX for zero-emission credits in California.

“We saw it as a way that we can be relevant in the push that the government is having towards zero-emission vehicles,” CEO Thomas Healy told FreightWaves in an interview on Wednesday. “We can participate in that but still offer all the same...

https://www.freightwaves.com/news/hyliion-plans-bigger-battery-to-stay-relevant-in-electric-truck-race

Viewpoint: The role SPACs play for FreightTech founders today

16 March 2021

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

The world of investing has heard a lot about SPACs in just the past year. What used to be an avoided alternative to IPOs is now getting a spotlight for the advantages it brings in the current market conditions. As SPACs take off, particularly within the technology sector, it signals a good outlook for FreightTech founders and their startup companies. SPACs are a...

https://s29755.pcdn.co/news/viewpoint-the-role-spacs-play-for-freighttech-founders-today