Hydrogen rises at CES

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

In an event ruled by battery-electric trucks, hydrogen made a splash at the Advanced Clean...

https://www.freightwaves.com/news/hydrogen-rises-at-ces

Truck Tech: Who’s on first edition

Autonomous trucking is a far weightier topic than baseball, the subject of the famous “Who’s on first?” Abbott and Costello comedy classic. Determining the positions of truck makers and autonomous software developers might be more watchable than even rule-shortened games in the new MLB season.

Abbott and Costello and their famous comedy bit “Who’s on First?” (Image: YouTube)

Who really drives autonomous truck development?

After three stories and more than 3,000 words on TuSimple this week here, he...

https://www.freightwaves.com/news/truck-tech-whos-on-first-edition

Truck Tech: Daum straight edition

Martin Daum rarely equivocates. The CEO of Daimler Truck sets courses the trucking industry often follows. If you ask him a question, expect a straight answer. We did. And so did he.

When Martin Daum talks …

Martin Daum is one of those people for whom a paraphrase of the famous line from the 1970s TV commercials by investment bank EF Hutton applies. When the CEO of Daimler Truck talks, the global trucking industry listens.

Martin Daum is the influential voice and CEO of Daimler Truck. (Photo: Alan...

https://www.freightwaves.com/news/truck-tech-daum-straight-edition

Truck Tech: Summer jobs edition

Truck Tech logo on blue background

Layoffs get the headlines but a surprising number of electrification startups are adding employees even as they try to raise more money. Volvo is using two dealerships and a five new charging points to create a corridor in California. And the Diesel Technology Forum graphically shows once again that fossil fuels are still king in commercial transportation.

Was this newsletter forwarded to you? Click here to get Truck Tech delivered by email on Fridays.

Electrification startups are hiring

Record-hig...

https://www.freightwaves.com/news/transportation-startups-still-hiring-even-as-layoffs-get-the-attention

Xos evolves into full-fledged electric truck manufacturer

Black Xos Class 8 semi facing camera

Startup Xos Trucks revealed purpose-built electric trucks, moving from a powertrain components integrator closer to a full-fledged original equipment manufacturer offering  end-to-end services to fleets.

Distinctive Xos styling

Xos showed two purpose-built chassis cabs Tuesday night in Los Angeles. Each bears looks distinctive to the 7-year-old company.

The Xos MDXT is a Class 6 or 7 medium-duty electric chassis cab. It can travel up to 270 miles on a single charge. It offers a maximum 16,000...

https://www.freightwaves.com/news/xos-evolves-into-electric-truck-manufacturer

Truck Tech: SPAC ‘stonks’ edition

Wanna buy SPAC-backed electrification and autonomous stocks? They are cheap, but have they hit bottom yet? A new Morning Consult poll shows autonomy has significant trust issues to overcome, and try as we might, we just can’t miss the bus when it comes to electrification.

Wanna buy my (SPAC) stonks?

It’s hard to find many stocks moving up against headwinds of rising inflation, war in Ukraine, and the coming and going — and coming again — of COVID variants.

But the beatdown of electric vehicle and...

https://www.freightwaves.com/news/truck-tech-spac-stonks-edition

Merchants Fleet’s $2B EV makeover continues with order for Xos step vans

Merchants Fleet to buy Xos electric step vans

Merchants Fleet, which has already announced its intention to purchase nearly 18,000 electric vehicles from BrightDrop, is now adding EV step vans from Xos. The fleet management company announced it will order an undisclosed number of vans from the company, with the first 10 delivered in 2022.

“Merchants is eager to partner with emerging OEMs like Xos, who are innovating and making a significant impact in the industry,” said Hari Nayar, Merchants’ fleet director of electrification and...

https://www.freightwaves.com/news/merchants-fleets-2b-ev-makeover-continues-with-order-for-xos-step-vans

The Log Book: Xos’ electric stepvans help feed families in need

The Log Book is a weekly rundown of human-interest stories related to the transportation industry. This week: Xos donates use of its electric stepvans to the Los Angeles Mission; Truckers Christmas Group begins its holiday campaign; and Chester’s Chicken partners with Love’s for “Truckersgiving.”

Xos’ electric stepvans help feed families in need

Electric commercial vehicle manufacturer Xos Inc. announced Thursday a partnership with the Los Angeles Mission to support the nonprofit’s Race to Feed...

https://www.freightwaves.com/news/the-log-book-xos-electric-stepvans-help-feed-families-in-need

Xos Trucks shares drop 14.5% on 1st day of public trading

Shares of Xos Trucks finished 14.5% lower in their first day of public trading Friday as the electrification startup met the disdain that other emissions-free truck makers and infrastructure companies have endured.

The shares opened at $8.64 on the Nasdaq, rose to $9, and then fell as low as $7.27 before closing at $7.55. At that price, shareholders who purchased stock of NextGen Acquisition Corp. — the special purpose acquisition company sponsor of Xos — are in a loss position from the...

https://www.freightwaves.com/news/xos-trucks-shares-drop-145-on-1st-day-of-public-trading

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon