FedEx has announced a goal to achieve carbon-neutral operations by 2040. The delivery giant will invest $2 billion in vehicle electrification, sustainable energy and carbon sequestration. By 2040, FedEx says its entire parcel pickup and delivery (PUD) fleet will consist of electric vehicles. The goal will be met through phased programs to replace existing vehicles—by… Read more »
Search Results Found For: "workhorse"
Another benefit of electric trucks: they’re easier on drivers’ knees
Numerous studies have found that electrifying transportation will deliver major health benefits by reducing air pollution. During a recent webinar (as reported by Transport Dive), Duane Hughes, the CEO of electric truck maker Workhorse, offered another potential benefit: regenerative braking can reduce commercial drivers’ need for work-related knee surgeries, saving money for fleet operators. “It… Read more »
President Biden announces plan to update federal vehicle fleet with US-made EVs
President Joe Biden has announced that he will replace the entire US federal fleet with US-made electric vehicles. “The federal government also owns an enormous fleet of vehicles, which we’re going to replace with clean electric vehicles made right here in America, by American workers,” said the 46th president. The administration has not announced a… Read more »
Lordstown finalizes SPAC deal, starts trading on NASDAQ
Lordstown Motors has completed its business combination with DiamondPeak Holdings, a special purpose acquisition company (SPAC). For those of you who haven’t been following the EV “stock market frenzy,” a merger with a SPAC is the currently fashionable way for a startup company to go public—it’s quicker and involves less paperwork than the traditional IPO…. Read more »
Seven future electric pickup trucks. Maybe.
Over the first 10 years of their existence, most modern battery-electric cars have been compact hatchbacks or Teslas. While a few are marketed as crossover utility vehicles, none have been the full-size pickup trucks that make up a huge and very profitable segment of US vehicle sales. That’s about to change. What follows is a… Read more »
Retooling a shuttered factory to build electric trucks: Q&A with Lordstown Motors CEO Steve Burns
Will Ohio’s Voltage Valley energize a new era for the US auto industry? Big things are happening in the Mahoning Valley area of northeastern Ohio. The region, which centers on the city of Youngstown, was a booming center of steel production until the 1970s. Since then, like many other industrial hubs, the area has suffered… Read more »
Ohio introduces bill to reduce EV tax
Ohio is one of several US states that impose taxes on EVs that are far higher than the amount paid in gas taxes by a typical driver of a legacy vehicle. A recently introduced bill aims to change that. Ohio’s current EV tax, which was enacted in 2019, imposes an annual fee of $200 on… Read more »
Lordstown electric pickup to use in-wheel motors. A good idea?
Lordstown Motors, the startup headed by Workhorse CEO Steve Burns, is building an electric pickup called the Endurance at a former GM factory in Lordstown, Ohio. The Endurance is expected to be available in the fourth quarter of 2020 at a base price of $52,500. The new e-pickup will feature in-wheel hub electric motors, according… Read more »
Q&A with Rivian’s VP of Propulsion (Full Interview)
The electromobility revolution is gathering speed, but the world’s EV-makers have fallen behind popular tastes in terms of the form factors auto buyers want, and this has emerged as a roadblock to mass adoption. Buyers love SUVs and pickups, and automakers love the high profit margins associated with these models. Electric SUVs are starting to… Read more »
GM and LG Chem to build battery cell plant in Lordstown, Ohio
General Motors and LG Chem have announced plans to establish a battery cell assembly plant on a greenfield site in the Lordstown area of Northeast Ohio. The companies will invest up to $2.3 billion in the facility through a new joint venture. The new factory will eventually provide batteries for GM’s electric pickup truck, expected… Read more »