Search Results Found For: "daimler truck"

Freightliner electric trucks to use proprietary Detroit ePowertrain

Daimler Trucks North America (DTNA) has announced that its proprietary Detroit ePowertrain will power the upcoming Freightliner eCascadia and Freightliner eM2, as part of Daimler Trucks’ strategy to establish a uniform basic architecture for its global line-up of battery-electric vehicles. Daimler also announced plans to invest $20 million in its subsidiary Detroit’s manufacturing facility located… Read more »

Daimler announces massive new investments in EVs, plus a fund to protect workers

German auto giant Daimler has announced a new plan to invest €70 billion ($85 billion) in “research and development and in property, plant and equipment” between 2021 and 2025, the lion’s share of which will be used “to accelerate the transformation towards electrification and digitization.” Most of this investment will be at Mercedes-Benz Cars, but… Read more »

European truck-makers pledge to phase out internal combustion vehicles by 2040

Several of Europe’s largest truck manufacturers have promised to stop selling ICE vehicles by 2040. The chief executives of Daimler, Scania, MAN, Volvo, DAF, IVECO and Ford have signed a pledge to phase out combustion engines and focus on hydrogen, battery technology and “clean fuels.” The industry will invest some 50 to 100 billion euros… Read more »

Electric truck startup Xos raises $20 million in new funding

Commercial EV startup Xos Trucks, formerly known as Thor Trucks, has raised $20 million in new funding from a group of investors including Proeza Ventures and BUILD Capital Group. Xos will use the capital to scale up production of its X-Platform chassis. The company anticipates a surge in demand following CARB’s new zero-emissions mandate for… Read more »

Hyundai to deliver 50 fuel cell trucks to fleet customers in Switzerland

Even as automakers have been abandoning hydrogen fuel cells as a powertrain option for passenger cars, many believe that the technology will find its niche in the heavy-duty truck sector. Now Hyundai is moving beyond the pilot stage and beginning to deliver vehicles to customers. The company has shipped 10 units of the XCIENT Fuel… Read more »

In-Charge Energy is preparing for the coming tsunami of commercial electric trucks

Widespread adoption of electric commercial vehicles has seemed to be just around the corner for several years now. This has been a puzzling and frustrating situation for EV advocates (and even more so for electric truck builders), because the economic case for electrification is strong. Several industry experts have told Charged that the slow progress… Read more »

Daimler becomes the latest automaker to abandon hydrogen-powered passenger cars

Mercedes-Benz has ended its development of fuel cell-powered passenger cars, saying that they would be too expensive—around double the cost to produce of comparable battery-electric vehicles. The company has been working on fuel cell technology for over 30 years. Mercedes says it will wind down production of the GLC F-Cell, which was developed in a… Read more »

Bullish on batteries, Daimler to invest more than $23 billion in battery cells by 2030

To support its goal of electrifying the entire Mercedes portfolio by 2022, Daimler plans to invest more than €20 billion ($23 billion) in battery cells by 2030. The company will also invest €10 billion in expanding the Mercedes-Benz electric fleet and €1 billion in its global battery production network. Daimler currently has battery supply deals… Read more »

AVEVAI reveals new IONA electric van and truck

Singapore-based AVEVAI (the name stands for Autonomous Vehicle, Electric Vehicle, Artificial Intelligence) has launched a range of electric light commercial vehicles called IONA. The IONA is built on a chassis developed in cooperation with Daimler and Chinese truck maker Foton, and is designed specifically for use by delivery and service businesses. The first two vehicles… Read more »

Proterra raises $155 million, will work with Daimler to electrify school buses

Electric bus maker Proterra, a company that we’ve often written about, has secured a new $155-million round of investment, co-led by Daimler (the exact amount Daimler invested has not been divulged). Along with the investment, Daimler and Proterra agreed to “explore the electrification of select Daimler heavy-duty vehicles. The first of these efforts will be… Read more »