Page 13 - Peterbilt Model News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Operator Good morning and welcome to PACCAR's First Quarter 2021 Earnings Conference Call. [Operator Instructions] Today's call is being recorded and if anyone has an objection, you should disconnect at this time. I would now like to introduce Mr. Ken Hastings, PACCAR's Director of Investor Relations. Mr. Hastings, please go ahead. Ken Hastings -- Director of Investor Relations Good morning. We would like to welcome those listening by phone and those on the webcast. My name is Ken Hastings, PACCAR's Director of Investor Relations. And joining me this morning are Preston Feight, Chief Executi...

Hyliion hunkers down as EV startup stocks get hammered Hybrid electric driveline developer has money, if not time, on its side 0 40 5 minutes read Hyliion Holdings Corp. has a lot to prove as its stock price dwindles along with many in the electric vehicle space. CEO Thomas Healy is staying the course. (Photo: Hyliion) Its stock is trading in the single digits after giddy investors bid it above $50. Production is still a year away. But Hyliion Holdings CEO Thomas Healy sees reasons for optimism around the company’s natural gas-electric hybrid system for Class 8 trucks. Hyliion (NY...

Hyliion gathers fleets to test natural gas-electric hybrid truck Startup unbowed by stock collapse as it pursues negative net-zero carbon truck 0 5 2 minutes read Hyliion Holdings has formed a group of fleet, logistics and transportation companies to test its natural gas-electric hybrid Class 8 truck. (Photo: Hyliion Holdings) The sell-off of electric vehicle startup stocks has been as brutal as their frothy days of only a few months ago. Hyliion Holdings is one of the hardest-hit young companies. But it is pushing ahead with its plans for a natural gas-electric hybrid truck capable...

Share: As the special purpose acquisition companies' (SPACs) love affair with electric vehicle startups cools, infatuation backed by blank check-writing investors may blossom for self-driving truck startups. After several months of stock price run-ups in SPAC-sponsored electric vehicle and infrastructure companies, prices have fallen dramatically in recent weeks. In some cases, they are edging close to their original $10-per-share offering price. One target in the shift from electrification appears to be well-capitalized self-driving truck startup Plus. It closed a $200 million funding round ...

Are SPACs redirecting blank check love to self-driving truck startups? TuSimple readies IPO as SPACs court autonomous developer Plus 0 705 4 minutes read As the special purpose acquisition companies’ (SPACs) love affair with electric vehicle startups cools, infatuation backed by blank check-writing investors may blossom for self-driving truck startups. (Photo: Plus) As the special purpose acquisition companies’ (SPACs) love affair with electric vehicle startups cools, infatuation backed by blank check-writing investors may blossom for self-driving truck startups. After several m...