Hyzon becomes latest SPAC-backed startup to crash
Like numerous SPAC-backed transportation startups, Hyzon Motors has run out of money and plans to shut down.
Like numerous SPAC-backed transportation startups, Hyzon Motors has run out of money and plans to shut down.
In this white paper, Einride compares the three most talked-about alternatives to diesel – battery electric, HVO biofuel, and hydrogen fuel cell – based on four essential factors for long-term viability.
A letter of intent for 100 of its fuel cell trucks in Germany boosts Nikola’s global zero-emission aspirations.
When the 35 fuel cell trucks Hyundai is importing to California arrive in 2023, the South Korean automaker instantly assumes U.S. leadership.
Hyzon Motors, which went public a year ago in a merger with a blank check shell company, is the latest electrification startup in trouble.
Volvo Group reported higher truck sales, profits and market share in the second quarter despite ongoing supply chain disruptions.
Some free money from California to buy down the cost of electric trucks remains, but you better hurry to apply.
Dirty trucks will pay $10 per TEU in and out of the Los Angeles and Long Beach ports to raise money for zero-emission trucks and infrastructure.
Traton Group is still focused on battery power for trucks but tossed a bone to hydrogen in raising its electrification spending to about $3 billion by 2026.
There is no turning back on the transition from diesel to battery- electric trucks, especially with hefty incentives offsetting their higher upfront cost.
Second $300 million deal with Tumim Stone Capital will cover Nikola’s cash needs as it ramps up electric truck production.
Truck Talk is a FreightWaves weekly newsletter focusing on electrification and autonomy developments in trucking with perspective and context.
In today’s edition of The Daily Dash, freight rates continue to rise. Plus, FMCSA has asked for a delay in a lawsuit seeking to roll back HOS rules, and Haul is attracting some of the most prominent names in the industry as investors.