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Ideanomics Inc. Announces AVTA Order For 28 Additional Wireless Chargers
Wednesday, September 22, 2021 - 12:33pm | 931The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Ideanomics (NASDAQ: IDEX), a global company focused on driving the adoption of commercial electric vehicles and associated energy...
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One Way Or Another, Rivian Could Make History
Tuesday, September 21, 2021 - 10:39am | 786Until this month, the U.S. had only one all-electric automaker, the all-mighty Tesla Inc (NASDAQ: TSLA). Last week, Rivian Automotive Inc. rolled its first pickup truck for regular customers off its assembly line in its Normal, Illinois plant with first deliveries just around the corner....
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Locomation's Autonomous Truck Platform Promises Serious Cost, Emissions Savings
Friday, September 3, 2021 - 3:19pm | 893Carrier profitability is tight. The driver shortage is worsening. Sustainability efforts are in the spotlight with a focus on the greening of commercial transportation. Trucking industry insurance rates continue to climb due to fatal accidents and costly verdicts. While there are technological...
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Workhorse Group Latest Electric Truck Maker Under SEC Scrutiny
Thursday, September 2, 2021 - 10:35am | 808Troubled electric delivery van manufacturer Workhorse Group is the subject of a Securities and Exchange Commission probe, the latest electric truck company drawing scrutiny over short-seller allegations of shady business practices. The investigation surfaced Wednesday as part of a report by Fuzzy...
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ACT Expo: Peterbilt's Math Lesson And Volvo's Big Day
Wednesday, September 1, 2021 - 10:31am | 1410A reporter's notebook from the Advanced Clean Transportation Expo in Long Beach, California Like coins dropped into a jar at the end of the day, the number of heavy-duty electric trucks continues to grow by nickels, dimes, and quarters. But measuring success requires more than counting up pocket...
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Ideanomics Acquires EV Maker VIA Motors In Deal Worth As Much As $630M
Monday, August 30, 2021 - 11:26am | 720Electric commercial vehicle maker VIA Motors is being acquired by Ideanomics in a deal that values the company at $450 million. Under the terms, Ideanomics (NASDAQ: IDEX) will purchase Orem, Utah-based VIA in an all-stock transaction, with VIA stockholders receiving 162 million shares of...
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ACT Expo: Exclusive First Ride In Hyzon Hydrogen-Powered Fuel Cell Truck
Monday, August 30, 2021 - 10:32am | 1790CARSON, Calif. — Is this thing running? The fuel cell powertrain in the Hyzon Motors Class 8 Freightliner 2022 Cascadia-based demonstration truck is so quiet that a windows-down ride on Interstate 405 in Southern California allowed shouting-free conversation. Oh, and the truck emits no pollution...
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Electric Pickup Truck Maker Lordstown Motors Taps Former Icahn Executive As CEO
Thursday, August 26, 2021 - 4:44pm | 951Longtime automotive supplier executive Daniel Ninivaggi will take over as CEO at struggling Lordstown Motors Corp. (NASDAQ: RIDE), where legal, financial, and production woes contribute to the company's repeated declaration that it might not be in business a year from now. The startup still plans...
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Truck Talk: Trash Talking Edition
Friday, June 25, 2021 - 12:38pm | 1574This week, we're talking trash. Not what's in it, but what moves it. The frequent stop-and-go operation of garbage trucks make them ideal for electrification. So why aren't they being adopted more quickly? Waste Not Is there a better vehicle candidate for electrification than the unlovable...
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TuSimple: Autonomous Freight Network 6 Months Ahead Of Schedule
Wednesday, June 16, 2021 - 10:33am | 678Autonomous trucking software leader TuSimple is running six months ahead of schedule in building out the first phase of its autonomous freight network, and should reach Charlotte, North Carolina, and Orlando, Florida, by the end of the year. TuSimple Holdings (NASDAQ: TSP) on Wednesday opened a...
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Semi Tough: Tesla Electric Class 8 Truck Leader Departs Company
Tuesday, June 8, 2021 - 11:14am | 536The departure of Jerome Guillen, who was overseeing the oft-delayed Tesla Semi program, renews questions about when the electric trucks will be on the road as more than prototypes. Tesla (NASDAQ: TSLA) announced Guillen's departure Monday in a two-sentence filing with the Securities and Exchange...
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Navistar Pays $50M To Settle Military Vehicle Pricing Fraud Allegations
Tuesday, June 1, 2021 - 12:33pm | 808Navistar International Corp. (NYSE: NAV) is paying $50 million to settle claims that it overcharged the U.S. Marines for suspension systems on armored military vehicles, clearing another issue ahead of its merger with Volkswagen AG's TRATON Group. The allegations against Navistar Defense LLC,...
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Outrider CEO: "Yard Of The Future" Is Autonomous And Electric
Tuesday, April 27, 2021 - 12:24pm | 1062Trucks idling in lines to check in at distribution centers due to inefficient yard operations have no place in the "yard of the future," Andrew Smith, CEO and founder of Outrider, told FreightWaves. In this future yard, electric trucks autonomously and efficiently reshuffle and move trailers from...
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Workhorse Gets Big Electric Truck Order, But Can It Deliver?
Monday, January 4, 2021 - 6:34pm | 614Workhorse Group Inc. (NASDAQ: WKHS) booked its largest order of electric last-mile delivery vans to date. But the order is contingent on Workhorse being able to fulfill it. Pride Group Enterprises, which operates 17 retail and rental truck locations in the U.S. and Canada, ordered 6,320 vans for...
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Volvo Gets $21.7 Million In Grants For 70 Electric Class 8 Trucks
Monday, October 19, 2020 - 5:53pm | 479Volvo Trucks North America (VTNA) will deploy 70 Class 8 electric heavy-duty trucks in Southern California using $21.7 million in air-quality improvement grants. The money is from the U.S. Environmental Protection Agency's (EPA) and the South Coast Air Quality Management District (AQMD). Volvo is...