XL Fleet Partnering with Curbtender to Develop All-Electric and Plug-in Hybrid Refuse Trucks
XL Fleet Corp. (NYSE: XL) (XL Fleet or the Company), a leader in fleet electrification solutions with over 145 million customer miles driven, today announced it has entered into a strategic partnership with Curbtender, a market leader in Under CDL refuse trucks and a pioneer in automated side loader collection.
- XL Fleet Corp. (NYSE: XL) (XL Fleet or the Company), a leader in fleet electrification solutions with over 145 million customer miles driven, today announced it has entered into a strategic partnership with Curbtender, a market leader in Under CDL refuse trucks and a pioneer in automated side loader collection.
- Under the terms of the agreement, XL Fleet and Curbtender will jointly develop a series of battery electric (BEV) and plug-in hybrid electric (PHEV) commercial trucks for use in waste management applications.
- Refuse trucks represent a $7 billion market segment within the global commercial fleet industry, with over 62,000 units sold globally in 2018 and growing annually by four percent.
- This partnership represents several exciting milestones that are well aligned with XL Fleets product and business strategy, said Dimitri Kazarinoff, XL Fleet Chief Executive Officer.