Commercial and Off-highway Vechicles Market

Electric Vehicles have been penetrating the passenger vehicle market significantly, but what is the story for Commercial and Off-Highway Vehicles (COHV)? Motivations and incentives are different in this sector where latest-and-greatest pales in comparison to ROI. Within PTR’s e-Mobility segment, Commercial & Off-Highway Vehicles service has been designed to look deeper into six major segments of the commercial and off-highway vehicles market: Trucks, Buses, Lightweight Commercial Vehicles, Construction Vehicles, Agricultural Vehicles and Forklifts (Industrial Trucks).

Nikola Tre BEV approved for NY incentives offering savings up to $185k per truck

After a rollercoaster start consisting of multiple detriments such as fraud, embezzlement, and an eventual inquiry by the Securities Exchange Commission (SEC) that ended with a penalty of $125 million, Nikola Corporation has...

Shell & BYD partner up on charging infrastructure

Following the recent investment and expansion at BYD’s electric bus factory in Hungary supporting its principle of ‘Made in Europe for Europe’, an investment that is aimed at resulting into an increase in production capacity, with the annual output of a single shift...

General Motors to open two battery plants in U.S.

General Motors will open two battery plants in the U.S. to support increasing electric and autonomous vehicle production. The announcements came as GM's rival Ford said its entire Lincoln luxury brand lineup would be electric or gas-electric hybrid by 2030, including...

LeasePlan orders 3,000 Arrival electric vans

LeasePlan, one of the world's largest Vehicle leasing company, has recently stated initiatives for commissioning Arrival to build 3000 electric vans. This procurment of battery electric vans is to be embedded in a partnership under which LeasePlan will be declared the...

FedEx is going all-electric

FedEx is converting its entire parcel pickup and delivery fleet fully electric by 2040. The company has planned to invest $2 billion into vehicle electrification. FedEx is planning to replace existing vehicles into fully electric vehicles over the next 19 years....

Lion Electric to supply electric trucks to Amazon

According to a filing with the US Securities and Exchange Commission (SEC), Quebec-Based Lion Electric has agreed to supply Amazon with up to 2,500 trucks by 2030. The company will be providing all-electric Lion 6 and Lion 8 electric trucks to Amazon. Lion Electric is...

DHL adds BYD electric trucks to its fleet

DHL is adding four BYD Class 8 electric trucks into its fleet. DHL will be using these trucks in the Los Angeles metro area. Chinese automaker BYD has its truck and bus factory in California. CEO of DHL Express said that implemention of these electric trucks will...