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electric truck
Business, Technology, Equipment

Dana Builds Its Way Into Expanding Commercial EV Market

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Tier One supplier Dana Inc. invested more than $400 million over the past three years to get its electrification product portfolio in shape as it aims for a revenue target of $500 million from that by 2023.

Roger Gilroy | Senior Reporter
June 2, 2021
Government, Business, Equipment, Fuel

DeJoy Embraces Electric Trucks Despite USPS Contract Award

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Postmaster General Louis DeJoy, defending the selection of a gasoline-powered vehicle maker to build the next generation of U.S. mail trucks, said he envisions the service moving quickly to electric power.

Todd Shields and Ari Natter | Bloomberg News
March 11, 2021
Business, Technology, Fuel

Nikola Founder Trevor Milton to Give 50 Employees $233 Million of His Stock

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Trevor Milton, the founder and chairman of Nikola Corp., is giving the first 50 employees of the electric-truck startup 6 million of his own shares after making a promise when he hired them.

Ed Ludlow and Sophie Alexander | Bloomberg News
August 27, 2020
Business, Technology

Lordstown Motors Goes Public Following Reverse Merger

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Lordstown Motors Corp., the electric-truck startup that stepped in to save a shuttered General Motors Co. factory in Ohio, will be listed on the Nasdaq and gain an infusion of $675 million through a merger with a publicly traded funding vehicle.

David Welch and Siddharth Philip | Bloomberg News
August 3, 2020
Business, Technology, Fuel

Nikola Gets Valued at $34 Billion Before Gain Is Wiped Out

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Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp.

Ed Ludlow and Craig Trudell | Bloomberg News
June 9, 2020
Government, Business, Technology, Fuel

Electric Truck Integration Poses Challenges for Fleets, Study Shows

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Many fleets are looking to integrate electric trucks into their operations but are stymied by a series of obstacles that will slow the shift from diesel vehicles.

Jerry Hirsch | Contributing Writer
May 11, 2020
Business, Technology, Fuel, Logistics

Amazon Plans 100,000-Electric-Vehicle Order From Rivian

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Amazon will buy 100,000 electric vans to assist with Prime deliveries, according to CEO Jeff Bezos, who made the announcement at the National Press Club in Washington on Sept. 19.

Jim Stinson | Staff Reporter
September 19, 2019
Business, Technology, Equipment, Fuel, TCA

San Diego Rolls Out $107.4 Million for Large Vehicle Charging Stations

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The California Public Utilities Commission has approved a program that will see San Diego Gas & Electric build 3,000 electric vehicle charging stations for medium- and heavy-duty vehicles including school buses, delivery trucks and forklifts, and SDG&E customers will be the ones to pay for it.

Rob Nikolewski | The San Diego Union-Tribune
August 20, 2019
Business, Technology

Electriphi App Addresses Fleets' Transition to Electric Vehicles

Electriphi Inc., an electric vehicle fleet and energy management company, launched its Fleet Electrification Planning Tool, a web-based application that lets fleet managers break down factors affecting operations, fueling and infrastructure for light-, medium- and heavy-duty electric fleets.

June 21, 2019
Business, Technology

Germany’s First ‘Electric’ Highway Charges Trucks as They Drive

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Germany opened the first stretch of a so-called electric highway that will connect hybrid trucks to overhead wires, allowing them to recharge while traveling on the country’s main transportation arteries.

Oliver Sachgau | Bloomberg News
May 13, 2019

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