Ryder System

Ryder gets first two Workhorse electric vans

Workhorse delivery vans to Ryder

Ryder System Inc. (NYSE: R) took delivery of two Workhorse Group (NASDAQ: WKHS)  electric delivery vans, seemingly ahead of a large order from United Parcel Service (NYSE: UPS).

Workhorse announced the deal with Ryder on Tuesday. On Monday, Workhorse got the go-ahead from the California Air Resources Board (CARB) to sell its C-Series zero-emission vans. Under California’s Advanced Clean Truck regulation, all trucks in the state must run on electricity by 2045.

Neither Workhorse nor UPS responded...

https://s29755.pcdn.co/news/ryder-gets-first-two-workhorse-electric-vans

Fuel cell startup Nikola nears public trading debut

Nikola truck

Nikola Corp., the startup maker of Class 8 trucks electrically powered by batteries and fuels, expects its shares to trade under its own name on the NASDAQ later this week following a vote to merge with the “blank check company” that raised hundreds of millions of dollars for its public launch.

VectoIQ (NASDAQ: VTIQ) and Nikola shareholders scheduled what is expected to be a drama-free execution of the merger Tuesday morning. VectoIQ shares would begin trading under the ticker NKLA on Thursday.

Es...

https://s29755.pcdn.co/news/fuel-cell-startup-nikola-nears-public-trading-debut

Workhorse looks to scale electric truck production (with video)

Workhorse electric truck

Workhorse Group Inc. (NASDAQ: WKHS) hopes to borrow money to scale production of its composite-body electric trucks even as growing interest in its patented truck-based Horsefly  drone could accelerate its business plan.

The Cincinnati-based last-mile delivery company said Wednesday it conducted 54 Horsefly test missions with United Parcel Service (NYSE: UPS) and the Virginia Center for Innovative Technology in late April.

“Interest has ballooned due to the COVID-19 virus, the individual state...

https://www.freightwaves.com/news/workhorse-looks-to-scale-electric-truck-production-with-video

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