Nikola stats show H2-powered trucking is for real

Nikola has delivered 75 hydrogen-powered fuel cell trucks to customers. It has an order bank that should begin to produce meaningful revenue. Now it is producing statistical evidence that hydrogen-powered trucking is not just for show.

At two industry conferences this week and in data shared first with Truck Tech, Nikola revealed it has:

  • Completed 1,666 hydrogen fill-ups at three mobile refuelers in Coolidge, Arizona, as well as Ontario and Long Beach, California.
  • Dispensed 60.54 tons of...

https://www.freightwaves.com/news/nikola-stats-show-h2-powered-trucking-is-for-real

Workhorse on the bubble, or is it worse?

Less than three months after my generally upbeat visit to Workhorse Group’s refurbished plant near the Ohio-Indiana border, the electric truck maker’s situation appears dire.

Layoffs and furloughs

Workhorse has laid off 20% of its workforce. Much of the rest is on unpaid furlough and could be called back to work. 

The company is choked with inventory. It has less than $7 million in cash on the books and accounts payable for more than twice that amount. At a projected burn rate less than Q1’s $5.5...

https://www.freightwaves.com/news/workhorse-on-the-bubble-or-is-it-worse

Tesla to trucking industry: Step up your electric game

LAS VEGAS — The Advanced Clean Truck Expo is a come-all event. Until this year, Tesla has passed on attending.

The ACT Expo has outgrown the art deco charm of Long Beach and the “Disney-fied” atmosphere of Anaheim, California. This year, it moved to convention mecca with exhibitors filling the North Hall of the sprawling Las Vegas Convention Center. It returns to Anaheim in 2025, occupying both halls of the convention center in 2025.

Dozens of battery electric, fuel-cell electric and alternative...

https://www.freightwaves.com/news/tesla-to-trucking-industry-step-up-your-electric-game

Opposition grows to speedy electric truck transition

The Advanced Clean Transportation Expo, a generally upbeat event for battery electric, hydrogen and other emission-friendly technologies, takes place next week in Las Vegas amid a growing and widespread backlash to the regulation-driven transition to electric trucks.

Nearly every stakeholder — from the trucking industry and driver organizations to state attorneys general — is weighing in with dire estimates of crippling costs to a cyclical industry. Ryder System Inc. is the latest, dissecting...

https://www.freightwaves.com/news/opposition-grows-to-speedy-electric-truck-transition

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

Really cold hydrogen could bring driving range parity with diesel

The time it takes to fuel a hydrogen-powered fuel cell truck is already on par with diesel. But there is still a yawning gap when it comes to comparable driving range. A new hydrogen storage system that packs more energy density might change that.

The goal of hydrogen and battery-electric trucks is to reduce the 12% of greenhouse gas emissions attributed to heavy-duty trucking.

Chill out: Verne goes deep into minus celsius for cryo-compression

San Francisco-based startup Verne is named after 19th...

https://www.freightwaves.com/news/really-cold-hydrogen-could-bring-driving-range-parity-with-diesel

Switcheroo: EV Realty secures electricity before launching charging sites

Startups, real estate giants and others developing electric truck charging sites tend to pick locations before being certain they can get electricity in a timely fashion. Startup EV Realty prioritizes having the juice available when it buys a property.

‘Buying by the acre and monetizing by the megawatt’

Patrick Sullivan is like a lot of his peers developing electric infrastructure for fleet charging. He knows how the electric power business works, what it takes to develop and what can frustrate...

https://www.freightwaves.com/news/switcheroo-ev-realty-secures-electricity-before-launching-charging-sites

Autonomous trucking may descend the rabbit hole of local politics

Autonomous trucking regulation is already a state-by-state issue. In California, it may soon embody the adage “All politics are local.” Advocates of driverless vehicles see passage of newly introduced legislation as a death knell for the technology.

After vetoing legislation last year that would have required a human driver in autonomous vehicles over 10,000 pounds, California Gov. Gavin Newsom may again have to choose between two of his main constituencies: Big Tech and organized labor.

2 bills...

https://www.freightwaves.com/news/autonomous-trucking-may-descend-the-rabbit-hole-of-local-politics

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

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

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