News of the week
PACT, Daimler Truck, Masdar, Hyundai, Iveco Group und Volvo Trucks
Starting now, we'll be bringing you a concise roundup of the week's most important news from the transportation and logistics industry. This week's highlights include the launch of the trucking alliance known as Powering America’s Commercial Transportation (PACT), the partnership between Daimler Truck and Masdar to explore green hydrogen, an agreement between Hyundai and the Iveco Group for the delivery of a fully electric light commercial vehicle for Europe, and Volvo's debut of its first all-electric truck.
Starting now, we'll be bringing you a concise roundup of the week's most important news from the transportation and logistics industry. This week's highlights include the launch of the trucking alliance known as Powering America’s Commercial Transportation (PACT), the partnership between Daimler Truck and Masdar to explore green hydrogen, an agreement between Hyundai and the Iveco Group for the delivery of a fully electric light commercial vehicle for Europe, and Volvo's debut of its first all-electric truck.
In the USA, an alliance named Powering America’s Commercial Transportation (PACT) has formed, with founding members including Daimler Truck North America, Volvo Group North America, and Navistar. The goal of the alliance is to improve national climate policy and address the infrastructure needs for medium and heavy electric commercial vehicles. PACT emphasizes the need to expand the charging infrastructure to accelerate the transition to zero-emission vehicles. Nearly 700,000 charging stations will be required by 2030 to serve one million electric vehicles in US classes 4 – 8.
Daimler Truck has signed a memorandum of understanding with Masdar, a clean energy company from Abu Dhabi, to assess the possibilities of supplying green liquid hydrogen to Europe. The initiative aims to enable the supply of green liquid hydrogen in Europe and reduce CO2 emissions in road freight transport. Masdar has set a goal to become one of the leading players in the development of green hydrogen worldwide and plans to reach a total capacity of 100 gigawatts by 2030.
Hyundai Motor Company and Iveco Group have signed an agreement for the supply of a fully electric light commercial vehicle for Europe, based on Hyundai's Global-eLCV platformThe new light commercial vehicle, featuring a chassis and a permissible total weight ranging from 2.5 to 3.5 tons, is set to be unveiled at IAA TRANSPORTATION 2024. This event will take place from September 16 to 22, 2024, in Hanover. The vehicle is designed to compete in the same class as Iveco Group's Daily.
Volvo Trucks introduced the FM Low-Entry, its first truck model available exclusively with a battery-electric powertrain. Designed for urban traffic, the truck offers excellent all-around visibility and safety thanks to its low-entry cab. With a range of up to 200 kilometers (approximately 124 miles) and a charging capacity of 360 kWh, the electric powertrain delivers 330 kW / 449 HP. Sales are set to begin in the first quarter of 2024. Production process will commence in the second quarter.
Volvo also unveiled the new FH Aero series, which is distinguished by its aerodynamics. The electric version is expected to benefit from improved aerodynamics through lower electricity consumption and increased energy regeneration during braking and downhill driving.