UPS: Feds must help fund electric last-mile delivery
UPS takes part in a business panel on why Congress should support last-mile delivery and electric vehicles.
UPS takes part in a business panel on why Congress should support last-mile delivery and electric vehicles.
The second issue of FreightWaves Truck Talk looks at the past, present and future of WorkHorse Group.
General Motors has created a new battery-electric first-to-last-mile business eyeing an $850 billion delivery market. Following a second pilot program, FedEx Express is slated to get the first 500 units of the EV600.
Workhorse Group booked its biggest order for its electric delivery vans, but the deal requires the company to come through on time starting this July — maybe.
U.K.-based Arrival picks Charlotte, North Carolina, as its North American headquarters. It’s a 30-minute drive from its planned microfactory in South Carolina and close to UPS, a major customer for its electric vans.
In today’s edition of The Daily Dash, Swift Transportation founder Jerry Moyes has taken over as CEO of less-than-truckload carrier Central Freight Lines. Plus, XPO has made the decision to split the company into separate businesses, and FreightWaves’ SpaceWaves event focuses on the logistics of space exploration.
Workhorse Group shares plummet as Postal Service delays delivery truck contract to early 2021. Separately, a potential short seller claims the electric delivery truck maker is worth just 20% of its valuation.
Daimler Trucks’ electric truck mileage milestone and new orders for battery-powered trucks at Workhorse Group and Motiv Power Systems keep the juice flowing in industry’s nascent transition from diesel.
In today’s edition of The Daily Dash, some carriers believe a proposed rule that would allow hair testing could weaken the effectiveness of the Drug and Alcohol Clearinghouse. Plus, the U.S. Postal Service cuts a deal to ensure parcel delivery and Workhorse Group blames COVID-19 for not hitting production targets.
Electric delivery van maker Workhorse Group draws tough questions from analysts following battery supply issue and lack of deliveries to UPS.
Workhorse Group said 36% of its production staff is sidelined by the COVID-19 virus or awaiting test results. The company ditched its projection of building 300-400 electric delivery vans by the end of the year and badly undershot Q3 sales and earnings projections.
The C-1000 electric delivery van from Workhorse Group can travel 160 miles on a single charge.
Startup gets $780 million from Diamond Peak Holdings Corp. to build commercial fleet-focused electric pickup truck.
Workhorse Group is adding $200 million in debt to ramp up electric delivery van production faster and add new products like a refrigerated grocery delivery van.
The vote to complete a reverse merger for commercial electric pickup startup Lordstown Motors is set for Oct. 22 amid greater than run-of-the-mill business risks.
Workhorse Group’s 1,000-cubic-foot composite body electric delivery van covered 160 miles on a single charge in EPA testing, which the company says lowers its total cost of ownership.
Shares of electric truck maker Nikola Corp. sag 20% on the announcement its founder and executive chairman was stepping down, following the fallout from a short seller report questioning the company’s technology claims.
Electric trucks from PACCAR siblings can get California rebates when the fund is replenished; Daimler shows future battery and fuel cell trucks; and FMCSA grants Bosch a video mirror waiver.
General Motors is putting its battery and fuel cell expertise to work for startup electric truck maker Nikola in exchange for an 11% ownership stake worth $2 billion.
Strategic partnerships with Hitachi to benchmark its operations and help build a dealership network juice shares in Workhorse Group.