A day after its CEO and chief financial officer quit, Lordstown Motors said it is proceeding with battery-electric commercial pickup production..
Once high-flying SPAC Lordstown Motors said Tuesday it may fail without more money to produce commercial electric pickup trucks.
Workhorse Group has nothing significant driving its stock price higher, only retail traders seeking to make money if the price falls.
Workhorse Group built 38 last-mile electric delivery vans in Q1 and revised its build to 1,000 trucks from 1,800 for the full year.
To gain public acceptance, drones need to be unobtrusive as much as possible, says veteran aviator and Workhorse Aerospace President John Graber.
In today’s edition, we highlight the Oshkosh-Workhorse squabble over a Postal Service contract, as well as hopes for federal funding for truck charging stations and more.
Oshkosh can make 100% battery-electric delivery trucks for the U.S. Postal Service, likely dashing Workhorse’s hopes of reigniting the competition.
Biden executive order will make it easier to lead by example on electric vehicles, DOT chief says.
The New York City last-mile fleet will have 40 electric vehicles, with the Los Angeles region adding 50 more, IKEA said.
DHL Express was pleased with a trial of nine Lightning eMotors electric Ford Transit vans and is now ordering an additional 89 units to deploy in New York and California.
UK electric van and bus startup Arrival adds to Charlotte, North Carolina, presence with second US microfactory targeted to fill UPS order.
Truck Talk is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.
Short seller Hindenburg Research alleges fictitious orders and other fraudulent at electric pickup truck startup Lordstown Motors.
Seventeen Democratic House members introduced a bill to assure the Postal Service electrifies its delivery fleet. It could get Workhorse back in the game.
Truck Talk is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.
Workhorse expects a “prolonged process” in trying to wrest mail truck business from the U.S. Postal Service that contracted with defense contractor Oshkosh.
Workhorse Group built just seven electric delivery vans for the second consecutive quarter. Production systems and supply chain problems hamper the company.
Workhorse Group is not taking the loss of a contract to make battery-electric mail trucks for the U.S. Postal Service lying down.
Borrowing pegged to inflated stock price may become a problem for Workhorse Group in the aftermath of missing out on the U.S. Postal Service contract.
FreightWaves Truck Talk is a weekly newsletter adding perspective, context and commentary to industry news and trends.
