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US Commercial Vehicle Market Grew 14 percent in 2023, according to S&P Global Mobility

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Thursday, February 29, 2024

EV, Construction, Nikola, FedEx, Sanitation, GVW, Maverick, Ram, BYD, Autocar, CNG, Walmart, Ford, Ford Maverick, Volvo, Propane

Source: S&P Global Mobility US commercial vehicle registration data, 2022-2023

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Source: S&P Global Mobility US commercial vehicle registration data, 2022-2023
Alternative fuel vehicles, electric and hybrid powertrains are popular options for light-duty commercial vehicles while compressed natural gas (CNG) and electric are becoming popular alternative options for heavy-duty commercial vehicles.
Electric cargo vans continue to trend in last-mile delivery applications, especially with fleets such as Amazon, Walmart, Penske, and FedEx.
There were more than 14,000 EV cargo vans registered in 2023, according to the analysis, led by substantial growth from Rivian.
In addition, electric pickup launches expected from Chevrolet and Ram should contribute to the EV and electrified vehicle sales boom.

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

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Thursday, February 1, 2024

Hydrogen, Partnership, IVG, Iveco, GVW, Transport, FCEV, Acceleration, EXM, Light commercial vehicle, Hyundai Motor Company, EV, Bev, IAA, Hyundai, LCV, Iveco Daily, International Motor Show Germany, IVECO

Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform.

Key Points:

Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform.
The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV portfolio alongside the iconic IVECO Daily.
The supply agreement signing ceremony, which took place at Hyundai Motor Company’s headquarters in Seoul, South Korea, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company, Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle & Hydrogen Business at Hyundai Motor Company, Gerrit Marx, CEO of Iveco Group, and Luca Sra, President, Truck Business Unit, Iveco Group.
Luca Sra, President, Truck Business Unit, Iveco Group, said, “The unique partnership between Iveco Group and Hyundai Motor Company is making another significant step forward.

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

Retrieved on:

Thursday, February 1, 2024

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai's Global eLCV platform.

Key Points:

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai's Global eLCV platform.
The new vehicle will join Iveco Group's electric light commercial vehicle lineup, enhancing the Group's LCV portfolio alongside the iconic IVECO Daily.
The supply agreement signing ceremony, which took place at Hyundai Motor Company's headquarters in Seoul, South Korea, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company, Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle & Hydrogen Business at Hyundai Motor Company, Gerrit Marx, CEO of Iveco Group, and Luca Sra, President, Truck Business Unit, Iveco Group.
Luca Sra, President, Truck Business Unit, Iveco Group, said, "The unique partnership between Iveco Group and Hyundai Motor Company is making another significant step forward.

Hyundai Motor Company to supply an all-electric Light Commercial Vehicle from its Global eLCV platform to Iveco Group in Europe

Retrieved on:

Thursday, February 1, 2024

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai's Global eLCV platform.

Key Points:

TURIN, Italy and SEOUL, South Korea, Feb. 1, 2024 /PRNewswire/ -- Hyundai Motor Company and Iveco Group (EXM: IVG) today announced signing a supply agreement of an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai's Global eLCV platform.
The new vehicle will join Iveco Group's electric light commercial vehicle lineup, enhancing the Group's LCV portfolio alongside the iconic IVECO Daily.
The supply agreement signing ceremony, which took place at Hyundai Motor Company's headquarters in Seoul, South Korea, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company, Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle & Hydrogen Business at Hyundai Motor Company, Gerrit Marx, CEO of Iveco Group, and Luca Sra, President, Truck Business Unit, Iveco Group.
Luca Sra, President, Truck Business Unit, Iveco Group, said, "The unique partnership between Iveco Group and Hyundai Motor Company is making another significant step forward.

Revoy Launches the Ultimate Scalable Sustainability Solution for Trucking

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Wednesday, January 31, 2024

GVW, GM, SAN, Australian Space Agency, Transport, European Space Agency, Safety, GHG, LFP, Carbon, Y combinator, CDL, EV, MPG, Risk, ROI, FMVSS, Rail transport

SAN FRANCISCO, Jan. 31, 2024 /PRNewswire/ -- Revoy, a simple and truly viable solution to decarbonize the trucking industry, today announces the launch of the Revoy EV, a simple add-on for fleets that enables an easy transition to full EV without alterations to trucks or trailers. Pioneering a new sector of commercial trucking EV solutions, Revoy's technology improves fuel efficiency from 6 - 8 mpg to 20 - 35+ mpg, representing a 70 - 90%+ reduction in emissions. Economically, adding a Revoy EV to a tractor enables companies to save thousands of dollars in fuel per truck annually, inclusive of Revoy fees.

Key Points:

Economically, adding a Revoy EV to a tractor enables companies to save thousands of dollars in fuel per truck annually, inclusive of Revoy fees.
Revoy improves fuel efficiency from 6 - 8 mpg to 20 - 35+ mpg, representing a 70 - 90%+ reduction in emissions.
Revoy EVs are on the road today actively decarbonizing trucks, and are expanding to more areas this year.
Solving for sustainability in the trucking industry is complex, but simplicity is at the core of Revoy's innovation.

Range Energy’s Trailer Electrification Platform Measures 36.3 Percent Fuel Economy Improvements as Tested by MVT Solutions

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Friday, November 17, 2023

Trucking, Other Energy, Logistics, Supply Chain Management, Oil, Gas, Transport, Alternative Energy, Energy, Range, EV, MVT, BEV, Multimedia, GVW, Rail transport

GVW and 60 MPH top speeds across multiple scenarios including stop/go and steady-speed portions.

Key Points:

GVW and 60 MPH top speeds across multiple scenarios including stop/go and steady-speed portions.
“Achieving 36.3 percent efficiency improvements proves to the trucking industry how important and overlooked trailers are to enhancing efficiency and lowering emissions for our industry.
Whether a fleet wants to reduce fuel usage or increase BEV range, this system provides unique opportunities over a traditional trailer – and by a large amount when considering it achieved 36.3% fuel savings.
Our drivers also liked the Range trailer; reporting it pulled easier and felt lighter.

Beer Institute Lauds House Transportation and Infrastructure for Passing Legislation to Increase Safety and Efficiency for Trucks

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Friday, May 26, 2023

House, Beer Institute, United States House Committee on Transportation and Infrastructure, Infrastructure, Beer, Public policy, Transport, Carbon, Reps, Representative, GVW, House Committee, Safety, Legislation

“More than 137,000 Americans owe their livelihoods to beer distribution, many of whom are truck drivers,” said Brian Crawford, president and CEO of the Beer Institute.

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“More than 137,000 Americans owe their livelihoods to beer distribution, many of whom are truck drivers,” said Brian Crawford, president and CEO of the Beer Institute.
“This pilot program would allow drivers to carry more beer more efficiently while simultaneously ensuring a greater level of safety.
The Beer Institute and our member companies applaud the House Committee on Transportation and Infrastructure for their commitment to addressing our country’s supply chain issues and passing this important legislation.
For additional updates from the Beer Institute, visit our website , follow @BeerInstitute on Twitter, like the Beer Institute on Facebook , and follow the Beer Institute on Instagram .

Morgan Canada Shares Innovative Truck Body Solutions Designed to Help Businesses Deliver

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Thursday, May 25, 2023

Morgan Canada offerings include the Morgan dry freight Gold Star 4500 and refrigerated Cold Star 4500 truck bodies, which are built to help businesses deliver in any provincial setting.

Key Points:

Morgan Canada offerings include the Morgan dry freight Gold Star 4500 and refrigerated Cold Star 4500 truck bodies, which are built to help businesses deliver in any provincial setting.
Morgan 4500 bodies are designed with lightweight subframes, rear bumpers and composite walls to help meet GVW restrictions and reduce fuel usage.
A leader of the transition to electrification, Morgan Truck Body is designing innovative bodies that are compatible with fully electric powertrains and refrigerated units.
A recent introduction includes a Morgan body developed with state-of-the-art materials designed to maximize thermal efficiency and lighten the load.

Shyft Launches Tennessee Operations For Growing Service Body, Police Car Upfit and Accessory Businesses

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Tuesday, March 14, 2023

2020 Royal Truck & Trailer 200, Strobe light, Water, The Shyft Group, Maintenance, Aluminium, Corrosion, Royal, Steel, XP, Weather, GVW, Rail transport

NOVI, Mich., March 14, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced a new service body operation in Lebanon, Tennessee, just east of Nashville. This new operation will serve truck dealers, distributors and fleet customers in surrounding states, including new chassis pools for expanded dealer sales and support.

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The new, purpose-built 70,000-square-foot facility will serve as a sales branch as well as operations for upfit, mounting, fabrication, undercoat and paint services to Shyft’s service body and accessory brands including Royal® Truck Body, DuraMag®, Magnum™ and police car upfit and light accessories from Strobes-R-Us.
“Outstanding synergies from our two service body brands located on opposite coasts along with accessory brands that provide truck headache racks and lighting packages have resulted in strong sales growth,” said Daryl Adams, President and CEO, The Shyft Group.
“In side-by-side comparisons, the XP Service Body’s high-endurance proprietary coating visually outperforms the competition in simulated real-world cyclical salt tests.
“We are excited to bring this complete offering to Tennessee and the entire Southeastern region of the U.S.”

IVECO and Hyundai present the first fuel cell large van at IAA in Hanover as their partnership develops

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Monday, September 19, 2022

Iveco Group (MI: IVG) and Hyundai Motor Company today at IAA Transportation 2022 in Hanover unveiled the first IVECO eDAILY Fuel Cell Electric Vehicle.

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Iveco Group (MI: IVG) and Hyundai Motor Company today at IAA Transportation 2022 in Hanover unveiled the first IVECO eDAILY Fuel Cell Electric Vehicle.
Earlier in July, the two companies jointly announced hydrogen-powered IVECO BUS vehicles equipped with Hyundais fuel cell system, with expected relevant advantages in terms of performance and emissions.
The working eDAILY FCEV prototype is equipped with Hyundais 90 kW hydrogen fuel cell system and 140 kW e-motor.
In pursuit of sustainable future for the world, Hyundai will continue its efforts to introduce zero emission vehicles equipped with industry-leading hydrogen fuel cell and EV technologies.