Daimler and Volvo seal fuel cell tie-up

The Volvo Group and Daimler Truck AG will waste no time in developing hydrogen-powered fuel cells for long-haul trucking now that they have signed a binding agreement to form a jointventure in the rapidly expanding field of manufacturers pursuing the zero-emissions technology.

Daimler and Volvo are two of the world’s largest heavy-duty truck makers. Working together helps both companies. Daimler brings decades of fuel cell experience. Volvo brings cash to accelerate the work. Volvo is paying...

https://s29755.pcdn.co/news/daimler-and-volvo-seal-fuel-cell-tie-up

Workhorse gets $200 million to advance electric van production

Workhorse Group (NASDAQ: WKHS) is selling $200 million in new debt to build up cash it needs to increase production of its electric delivery vans. It is also converting a more expensive note to new stock.

Issuing new debt is a common tactic for Workhorse. Borrowing costs less now because investors are betting Workhorse will win at least part of a $6.3 billion contract to build next-generation delivery vehicles for the U.S. Post Service. Its stock languished in the low single digits, trading as...

https://s29755.pcdn.co/news/workhorse-gets-200-million-to-advance-electric-van-production

Ready to roar: Lion Electric delivers first trucks next month

A rendering of a Lion Electric truck with an Amazon logo. Lion plans to deliver its first trucks in October.

Lion Electric Co. plans to deliver its first battery-powered electric trucks in October as high-profile orders from CN and Amazon buoy the Canadian manufacturer. 

The Quebec-based company plans to have at least 50 of its Class 6 and Class 8 trucks in service by the end of the year, including two of 10 to Amazon. Production at Lion’s Montreal-area plant is ramping up to fulfill what the company says are hundreds of orders.

If Lion keeps to its schedule, it will deliver its first truck only a...

https://www.freightwaves.com/news/ready-to-roar-lion-electric-delivers-first-trucks-next-month

Startups, regulators aligned in aggressive approach to getting zero-emissions trucks on the road

Startups and air quality regulators are committing to aggressive goals and strategies in the path to zero-emissions transportation as slower-going corporate entities try to figure out what exactly the green future is going to look like. 

That was one of the takeaways from an ACT Virtual conference session Thursday focusing on the how and why of getting clean commercial vehicle markets to scale. 

“We see a lot of pilots, demonstrations, but what we want to talk about today is true commercial scale...

https://www.freightwaves.com/news/startups-regulators-aligned-in-aggressive-approach-to-getting-zero-emissions-trucks-on-the-road

What happens in California doesn’t stay in California

  • After California approves the nation’s first electric truck sales mandate, more states seek transition to zero-emission trucks
  • Ten states have already adopted California’s zero-emission sales mandates for cars and light-duty vehicles.
  • Six Northeastern states, along with Oregon and California, to create action plan aimed at accelerating adoption of zero-emission big rigs

California made headlines in June when it approved the world’s first electric truck sales mandate, a standard that requires...

https://www.freightwaves.com/news/what-happens-in-california-doesnt-stay-in-california

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