Shyft Group

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

Outrider hiring globally for launch of autonomous distribution yards

Outrider Inc. founder and CEO Andrew Smith is the very definition of deliberate. Each robotic advance his company has made to a dangerous or dirty job in a distribution yard builds on another. Since raising $73 million in a Series C round in January, he’s been growing his team.

“While a lot of folks were pulling back on developing their teams, we’ve continued to build out Outrider’s leadership position in both safety technology and deep learning, or AI, for industrial systems,” Smith told me...

https://www.freightwaves.com/news/outrider-hiring-globally-for-launch-of-autonomous-distribution-yards

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

Carnage grows among transportation startups

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In the world of electric vehicle and autonomous trucking startups, the picture of winners and losers...

https://www.freightwaves.com/news/carnage-grows-among-transportation-startups

Startups struggling to make financial ends meet

One is a startup. The other is better described as an early-stage growth company. Choosing lidar maker Ouster Inc. and bus, battery and electric infrastructure provider Proterra Inc. for Securities and Exchange Commission filings scrutiny may be selective. But they represent the ongoing financial difficulties affecting companies trying to advance transportation technology.

Some have already left the stage: XL Fleet was purchased by the Shyft Group. Electric Last Mile Solutions went bankrupt amid...

https://www.freightwaves.com/news/startups-struggling-to-make-financial-ends-meet

Shyft Group gets in on shift toward electric delivery vehicles

In order for electric trucks and delivery vans to proliferate, the EV industry has some infrastructure issues to iron out.

One thing the space isn’t lacking, though, is choice. A mixture of legacy automakers and innovative startups have emerged to tackle the electric delivery challenge, and vehicle manufacturer and solutions provider The Shyft Group (NASDAQ: SHYF) is putting its name on the map.

The company on Monday announced the certification of its Class 3, 4 and 5 Blue Arc electric delivery...

https://www.freightwaves.com/news/strongshyft-group-gets-in-on-shift-toward-electric-delivery-vehiclesstrong

How Kodiak Robotics avoided FOMO in staying private

The meltdown of transportation SPAC valuations is unrelenting. Here’s the story of one thriving autonomous trucking developer that stayed out of the rush-to-go-public frenzy.

Kodiak Robotics’ peace of being private

One autonomous trucking developer ignored the FOMO (fear of missing out) on the SPAC frenzy of 2020 and 2021. With valuations cratering for most companies that went public via special purpose acquisition companies, Kodiak Robotics is looking pretty smart. 

It is hiring strategically...

https://www.freightwaves.com/news/how-kodiak-robotics-avoided-fomo-in-staying-private

Aurora approaches autonomous truck finish line

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As Class 8 autonomous trucking draws nearer, terms like operational design domain, safety case and...

https://www.freightwaves.com/news/aurora-approaches-autonomous-truck-finish-line

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