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Category: Vehicles

February Used Truck Sales Rise M/M and Y/Y

February Used Truck Sales Rise M/M and Y/Y

| March 30, 2020

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 […]

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Momentum Dynamics and GreenPower Motor Collaborate to Develop Wirelessly-Charged Electric Buses

Momentum Dynamics and GreenPower Motor Collaborate to Develop Wirelessly-Charged Electric Buses

| March 30, 2020

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 […]

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Increasing Acceptance of Autonomous Vehicles Uncovers Multi-billion Dollar Opportunities in Mobility Services

Increasing Acceptance of Autonomous Vehicles Uncovers Multi-billion Dollar Opportunities in Mobility Services

| March 30, 2020

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 […]

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Hertz Provides Free Vehicle Rentals to New York City Healthcare Workers

Hertz Provides Free Vehicle Rentals to New York City Healthcare Workers

| March 25, 2020

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 […]

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LILEE Systems Selected to Drive the First Revenue-Generating Autonomous Bus

LILEE Systems Selected to Drive the First Revenue-Generating Autonomous Bus

| March 24, 2020

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 […]

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Ideanomics’ MEG Announces Strategic Agreement with EV Heavy Truck and Bus Manufacturer

Ideanomics’ MEG Announces Strategic Agreement with EV Heavy Truck and Bus Manufacturer

| March 23, 2020

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 […]

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