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The Latest UPS Headlines
Truck makers rev up for rollout of electric big rigs
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<blockquote data-quote="cheryl" data-source="post: 3791107" data-attributes="member: 1"><p><a href="https://www.reuters.com/article/us-autos-trucks-electric/truck-makers-rev-up-for-rollout-of-electric-big-rigs-idUSKCN1MW0NB" target="_blank"><strong>Truck makers rev up for rollout of electric big rigs - Reuters</strong></a></p><p></p><p>Tesla Inc (<a href="https://www.reuters.com/finance/stocks/overview?symbol=TSLA.O" target="_blank">TSLA.O</a>) Chief Executive Elon Musk put electric heavy commercial trucks on the map in November 2017 when he unveiled the company’s futuristic, battery-powered Semi, booked hundreds of orders and said he would start delivering the vehicles by 2019.</p><p></p><p>would start delivering the vehicles by 2019. Now, it looks like 2020 could be the big year for electric big rigs. Incumbent truck makers are accelerating their electric truck projects toward launches that year, while Musk told investors in June production of the eye-catching Semi freight hauler should begin “basically (in the) first half of 2020” instead of 2019.</p><p></p><p>Driven by regulatory pressure to cut diesel pollution, commercial truck makers have made a flurry of fresh announcements to deliver battery electric or hydrogen-fueled vehicles. They have landed orders from big fleet operators such as Walmart Inc (<a href="https://www.reuters.com/finance/stocks/overview?symbol=WMT.N" target="_blank">WMT.N</a>), United Parcel Service Inc (<a href="https://www.reuters.com/finance/stocks/overview?symbol=UPS.N" target="_blank">UPS.N</a>) and Anheuser Busch Inbev NV (<a href="https://www.reuters.com/finance/stocks/overview?symbol=ABI.BR" target="_blank">ABI.BR</a>).</p></blockquote><p></p>
[QUOTE="cheryl, post: 3791107, member: 1"] [URL='https://www.reuters.com/article/us-autos-trucks-electric/truck-makers-rev-up-for-rollout-of-electric-big-rigs-idUSKCN1MW0NB'][B]Truck makers rev up for rollout of electric big rigs - Reuters[/B][/URL] Tesla Inc ([URL='https://www.reuters.com/finance/stocks/overview?symbol=TSLA.O']TSLA.O[/URL]) Chief Executive Elon Musk put electric heavy commercial trucks on the map in November 2017 when he unveiled the company’s futuristic, battery-powered Semi, booked hundreds of orders and said he would start delivering the vehicles by 2019. would start delivering the vehicles by 2019. Now, it looks like 2020 could be the big year for electric big rigs. Incumbent truck makers are accelerating their electric truck projects toward launches that year, while Musk told investors in June production of the eye-catching Semi freight hauler should begin “basically (in the) first half of 2020” instead of 2019. Driven by regulatory pressure to cut diesel pollution, commercial truck makers have made a flurry of fresh announcements to deliver battery electric or hydrogen-fueled vehicles. They have landed orders from big fleet operators such as Walmart Inc ([URL='https://www.reuters.com/finance/stocks/overview?symbol=WMT.N']WMT.N[/URL]), United Parcel Service Inc ([URL='https://www.reuters.com/finance/stocks/overview?symbol=UPS.N']UPS.N[/URL]) and Anheuser Busch Inbev NV ([URL='https://www.reuters.com/finance/stocks/overview?symbol=ABI.BR']ABI.BR[/URL]). [/QUOTE]
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