In its first meeting with analysts since going solo, Daimler Truck projected revenue growth of 40%-60% in the second half of the decade.
Battery chemistry will play a critical role in advancing electric trucking beyond regional and drayage hauling.
Nikola Corp.’s hopes for a zero-emissions trucking future may be realized without the startup being part of it.
When the 35 fuel cell trucks Hyundai is importing to California arrive in 2023, the South Korean automaker instantly assumes U.S. leadership.
A few days in Germany revealed an inconvenient truth about real-world applications of battery-electric and hydrogen-powered trucks.
With Aurora Driver 2.0, the self-driving developer plans to field the first robotic ride-hailing minivans along with Class 8 trucks.
There is no turning back on the transition from diesel to battery- electric trucks, especially with hefty incentives offsetting their higher upfront cost.
With globally common hoses and hardware, hydrogen fuel cell truck supporters think they have closed the gap with diesel fueling times.
Nikola is licensing Bosch fuel cell technology to use in its Arizona plant, casting doubt on whether it would eventually use General Motors’ fuel cells.
Peterbilt takes the convention audience to school on electric truck math while Volvo puts ist VNR Electric to work on its own plant deliveries.
The blank-check route to going public is losing steam, but Aurora Innovation may take the plunge in a SPAC led by one of its investors.
In 2017, Lyft launched its Level 5 division, which would focus on developing an autonomous vehicle. Last month, the company pivoted away from that, selling the division, although it still harbors visions of Lyft riders in autonomous vehicles.
Woven Planet, a subsidiary of Toyota Motor Corp., has agreed to acquire the self-driving vehicle business Level 5 from Lyft.
The costs of keeping up with four engine technologies and the pace of self-driving trucks push rival truck manufacturers into partnerships.
Hydrogen-powered fuel cells always seem to be five or 10 years from a meaningful presence on the transportation stage. That may finally be changing.
Kenworth delivered two natural gas-powered T680 hybrid electric trucks to a fleet for drayage testing in California. They are the first and likely the last.
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End-to-end ecosystem combines Navistar trucks, GM fuel cell systems and mobile hydrogen producer in test on dedicated J.B. Hunt Transport routes.
Mark Duchesne’s resume includes working at process-driven Toyota Motor Corp. and freewheeling Tesla Inc. Now he is trying to keep Nikola’s $600 million plant on schedule to build battery-electric trucks and the first fuel cell electric trucks by the end of 2021.
Toyota is using the next-generation fuel cell that powers its 2021 Mirai passenger car in production-intent Kenworth trucks for internal testing as it begins handing off the earlier-generation fuel cells for customer demonstrations.
With European investors and loads of experience in Asia, Hyzon Motors is targeting the U.S. for heavy-duty fuel cells it plans to build in General Motors’ former research and development facility.
Kenworth and Peterbilt climbed Pikes Peak with Class 8 electric trucks, then descended the 12-mile course of switchbacks and twisting turns to show the range-extending value of regenerative braking.
Daimler Truck and Volvo Group expect to hit the ground running in their fuel cell joint venture. Volvo is buying Daimler’s expertise and helping offset the development cost of the zero-emissions technology while the rivals will compete in producing hydrogen-powered trucks.
Startup Xos originally sold itself as a Class 8 electric truck chassis maker. After pivoting to middle-mile medium-duties when they looked like the sweet spot, Xos is back to the larger trucks with a contract from Hino Trucks.
Former General Motors Vice Chairman Steve Girsky, who led startup truck maker Nikola to its public debut in June, earlier suggested to GM that its battery and fuel cell technology could create value for both companies.
Nikola experienced a V-shaped recovery in its share price as storytelling in place of revenue drives enthusiasm and disdain for publicly traded electric truck startups.
Daimler Trucks and Volvo Group, two truck makers lukewarm on hydrogen fuel cells, hedge their bets to leverage Daimler’s Mercedes-Benz fuel cell efforts for heavy-duty trucks.
Toyota and Hino, its heavy truck subsidiary, are offering few details on an Asian heavy-duty truck fuel cell program that complements Toyota’s Oceans 10 project with Kenworth Truck Co. in the U.S.
The cost of hydrogen-powered fuel cell electric trucking could drop 50% by the end of the decade, making it competitive with other clean energy options and even conventional fuels like diesel.
California-based electric air taxi startup Joby Aviation has raised $590 million in its Series C financing round.
