Logistics giant Agility is betting on soon-to-be-public Hyliion Inc. with a 1,000-unit order of its new hybrid-electric truck with a natural gas generator, as well as an investment in the startup.
Though it no longer can call itself Thor Trucks, electric truck startup Xos is progressing toward regular production with a modular platform aimed at winning partnerships with bodybuilders.
With a June 2 merger vote that would make fuel cell electric truck maker Nikola a public entity, the company’s book value has quadrupled to $12 billion in the last week.
Charging-as-a-service startup AMPLY Power raised $13.2 million from institutional investors Soros Fund Management and Siemens USA as it expands electric infrastructure management to commercial trucking from transit buses
With predictable short-haul drayage round trips from inland California to the ports of Los Angeles and Long Beach, battery-powered trucks could account for up to half of NFI Industries’ 4,000-truck fleet by mid-decade.
Anheuser-Busch is one of the biggest customers in line for hydrogen-powered fuel cell electric trucks from Nikola Corp., iNow, it is jumping into California’s electric truck demonstration race with 21 BYD battery-electric beer delivery trucks.
