Dealers are reporting that they have high levels of used truck inventory, especially aerodynamic sleepers According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes improved 14% month-over-month in February, with longer-term sales rising 9% year-over-year compared to […]
Momentum Dynamics to Integrate Wireless Charging into Purpose-Built EV Star Momentum Dynamics and GreenPower Motor Company Inc. have announced a three-year OEM agreement to develop and sell wirelessly charged, purpose-built all-electric transit vehicles. The first vehicle to integrate Momentum Dynamics’ high-power wireless charging will be GreenPower’s flagship model, the EV Star, a purpose built, 25ft […]
Supported by innovative new business models, autonomous vehicle services market to cross $200 billion by 2030 Finds Frost & Sullivan With autonomous vehicles (AVs) promising drastically reduced operating expenses and healthy profit margins, there has been a huge inflow of new entrants into the market for autonomous vehicle services. These companies are offering myriad services […]
Hertz is starting in New York City with healthcare workers and will continue to see how they can help during this crisis Hertz announced that it will immediately start providing free vehicle rentals to New York City healthcare workers through April 30, 2020. Beginning today, healthcare workers can reserve a vehicle at 19 New York City-area Hertz locations so they […]
Autonomous rapid transit (ART) systems to solve public transportation challenges, such as increasing travel demands and driver shortage LILEE Systems, the leading provider of self-driving technologies and system integrations, announces its partnership with the Tainan City Government to launch the city’s first revenue-generating self-driving bus program. LILEE’s self-driving bus will begin to serve two business […]
Deal will facilitate electric heavy-duty truck sales in China, starting with Inner Mongolia mines and the port of Qingdao Ideanomics, has a strategic framework agreement with leading EV heavy truck and bus manufacturer, BeiBen Heavy Truck Co. Ltd (“BeiBen”). The framework agreement is designed to establish a long-term strategic partnership that will create a strategic platform […]
