Ford F-Series (medium duty truck)

GreenPower Reports Record Revenue of $15.3 million for the Fourth Quarter and $39.7 million for Fiscal 2023

Retrieved on:

Monday, July 17, 2023

Generated record revenues of $39,695,890 in the 2023 fiscal year, an increase of 130% over the previous year's revenue of $17,236,773.

Key Points:

Generated record revenues of $39,695,890 in the 2023 fiscal year, an increase of 130% over the previous year's revenue of $17,236,773.
Fourth Quarter 2023 Financial Highlights:
Recorded revenues in the fourth quarter of $15,304,288, an increase of 255% over the revenue of $4,313,964 for the fourth quarter in the previous fiscal year.
Reported deferred revenue of $10 million at the end of the current quarter including the current portion of $8.1 million.
Working capital improved to $27.7 million at the end of the fourth quarter compared to $25.6 million at the end of the third quarter.

GreenPower Appoints H.K. Truck Center as Dealer in Central New Jersey for Medium and Heavy-Duty Commercial Vehicles

Retrieved on:

Thursday, April 27, 2023

BEAST, Maintenance, Partnership, Green, Type, GreenPower Motor Company, Ford F-Series (medium duty truck), OEM, Rail transport

Truck Center as its dealer for medium and heavy-duty commercial vehicles in the central New Jersey market.

Key Points:

Truck Center as its dealer for medium and heavy-duty commercial vehicles in the central New Jersey market.
Truck Center has a dedicated parts department with a huge inventory of OEM parts and provide exceptional truck leasing opportunities through NationLease.
GreenPower is an approved NJ ZIP manufacturer which allows GreenPower's New Jersey customers to order vehicles under the voucher program.
Truck Center will be a valued dealer for GreenPower moving forward in the New Jersey market," said GreenPower Vice President of Medium Duty and Commercial Vehicle Sales Claus Tritt.

New Jersey Opens Voucher Program with up to $218,750 Available for GreenPower All-Electric Vehicles

Retrieved on:

Friday, April 21, 2023

Acceleration, BEAST, New Jersey Economic Development Authority, Green, Type, Interest, Ford F-Series (medium duty truck), Knowledge, Transport, Rail transport, Bookkeeping

These financial incentives will further the adoption of all-electric vehicles in New Jersey by helping fleets to transition to battery-electric vehicles.

Key Points:

These financial incentives will further the adoption of all-electric vehicles in New Jersey by helping fleets to transition to battery-electric vehicles.
NJ ZIP is a $90 million voucher program launched by the New Jersey Economic Development Authority for medium and heavy-duty zero-emission vehicles.
GreenPower is an approved NJ ZIP manufacturer which allows GreenPower's New Jersey customers to order vehicles under the voucher program.
The EV Star platform includes a range of GreenPower passenger vehicles and cargo vehicles for mid and last-mile delivery needs.

GreenPower Delivers First All-Electric EV Star Refrigerated Box Trucks to University of California San Diego

Retrieved on:

Thursday, March 9, 2023

Green, Ford F-Series (medium duty truck), Inflation Reduction Act of 2022, Chassis, Growth, Refrigeration, Tritt, Interest, University of California, San Diego, University, Transport, HVIP, DC, Inflation, Rail transport, Fireworks

"GreenPower has expanded its offering of purpose-built, all-electric commercial vehicles with the addition of the best-in-class, EV Star Refrigerated Box Truck," said GreenPower Vice President of Medium Duty & Commercial Vehicle Sales Claus Tritt.

Key Points:

"GreenPower has expanded its offering of purpose-built, all-electric commercial vehicles with the addition of the best-in-class, EV Star Refrigerated Box Truck," said GreenPower Vice President of Medium Duty & Commercial Vehicle Sales Claus Tritt.
The EV Star Refrigerated Box Truck is a unique offering for the medium and heavy-duty delivery market.
"More payload and longer range makes the EV Star Refrigerated Box Truck a real game-changer for the transportation of goods that require refrigeration," Tritt continued.
Interested parties should visit www.greenpowermotor.com for more information on GreenPower's all-electric EV Star suite of products or navigating the voucher application process.

GreenPower Appoints New England Truck Solutions as Dealer for Medium and Heavy-Duty Commercial Electric Vehicles

Retrieved on:

Thursday, February 16, 2023

NETS, Green, Ford F-Series (medium duty truck), Sale, EVS, EV, Partnership, Chassis, Rail transport

(NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced the appointment of New England Truck Solutions (NETS) as a dealer for GreenPower's medium and heavy-duty commercial vehicles in the Boston and Rhode Island markets.

Key Points:

(NASDAQ: GP) (TSXV: GPV) ("GreenPower"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, today announced the appointment of New England Truck Solutions (NETS) as a dealer for GreenPower's medium and heavy-duty commercial vehicles in the Boston and Rhode Island markets.
Under the new dealership agreement with GreenPower, the company will be able to make its first EV offerings to NETS customers through the sale of GreenPower's medium and heavy-duty commercial vehicles.
In this partnership, GreenPower will help New England Truck Solutions educate and introduce the benefits of GreenPower all-electric vehicles to their customers and facilitate the necessary provisions that go hand-in-hand for ownership of all-electric commercial vehicles.
"GreenPower and New England Truck Solutions share common values in providing unprecedented customer service and providing its customers a one-stop shop for commercial EVs."

Orange EV Expands Zero-Emission Truck Sales in Canada

Retrieved on:

Wednesday, January 25, 2023

Energy storage, Export Development Canada, Caterpillar, Yard, Environment, Orange, Heel, Ford F-Series (medium duty truck), GM, EV, Growth, Climate change, Region, Fireworks

KANSAS CITY, Mo., Jan. 25, 2023 /PRNewswire/ -- Orange EV, the leading heavy-duty EV truck manufacturer in the United States, has listened and responded to its customers by expanding into the Canadian market, marking an international growth milestone driven by the strong financial and operational benefits of electric yard truck fleets.

Key Points:

Demand continues to increase as the global trucking industry has come to understand that Orange EV's trucks are better for operations as well as the environment.
Replacing diesel yard trucks with Orange EV electric vehicles eliminates harmful diesel emissions while reaping a competitive advantage through operational savings and increased uptime.
To head Canadian operations, Orange EV has hired global business leader Roberto Bragagnolo as its Country General Manager.
He arrives at Orange EV after serving as GM of Finning, the world's largest Caterpillar dealer, and previously spent two years with Export Development Canada involved in global trade across clean energy and advanced manufacturing.

Vietnam High-Performance Trucks Market Report 2022: Increasing Stringency of Emission Norms and Growing Demand for Low-Emission Alternative Fuel Engines - ResearchAndMarkets.com

Retrieved on:

Monday, July 4, 2022

Automotive, Other Automotive, Transport, Adoption, Transmitter power output, Truck, Garbage, Growth, Urbanization, Transmission, Industry, Ford F-Series (medium duty truck), Hygiene, Investment, Temperature, Refrigeration, Government, Propane

The market growth can be attributed to the increasing stringency of emission norms and growing demand for low-emission alternative fuel engines.

Key Points:

The market growth can be attributed to the increasing stringency of emission norms and growing demand for low-emission alternative fuel engines.
Rising technological advancements, growing construction activities and organized logistics sector are fuelling the growth of the Vietnam high-performance trucks market.
Increasing focus towards fuel economy standards is boosting the growth of the Vietnam high-performance trucks market.
Moreover, increasing demand for special application and long-haul trucks for efficient transportation of goods is expected to drive the growth of the Vietnam high-performance trucks market.

Saudi Arabia $5.35 Bn Truck Leasing and Rental Markets, Forecast & Opportunities, 2027F - ResearchAndMarkets.com

Retrieved on:

Tuesday, April 12, 2022

The primary factors driving the Saudi Arabian Truck Leasing and Rental Market growth are the shift in corporate players towards leasing cars and the rise in the number of market players offering affordable truck leasing and rental services.

Key Points:

The primary factors driving the Saudi Arabian Truck Leasing and Rental Market growth are the shift in corporate players towards leasing cars and the rise in the number of market players offering affordable truck leasing and rental services.
Also, the growing transportation and logistics industry and ongoing and upcoming construction projects are expected to create growth opportunities for the Saudi Arabian Truck Leasing and Rental Market in the forecast period.
The Saudi Arabian Truck Leasing and Rental Market is segmented into lease type, truck type, end-use industry, regional distribution, and competitive landscape.
To classify and forecast the Saudi Arabian Truck Leasing and Rental Market based on lease type, truck type, end-use industry, regional distribution, and competitive landscape
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Saudi Arabian Truck Leasing and Rental Market
Years considered for this report:

Isuzu Enters Class 7 Market in North America with F-Series Featuring Allison Rugged Duty Series Transmission

Retrieved on:

Thursday, November 18, 2021

In addition, Isuzus new F-Series Class 6 truck model will feature Allisons 2550 RDS six-speed fully automatic transmission.

Key Points:

In addition, Isuzus new F-Series Class 6 truck model will feature Allisons 2550 RDS six-speed fully automatic transmission.
View the full release here: https://www.businesswire.com/news/home/20211118005862/en/
Allison Transmission's 2500 Rugged Duty SeriesTM (RDS) six-speed fully automatic transmission has been integrated into Isuzu Commercial Truck of Americas first F-Series Class 7 truck model.
The Allison 2500 without park pawl has been integrated in the Class 7 capable Isuzu FVR model.
Isuzu commercial trucks have been the best-selling low cab forward trucks in America every year since 1986.

Hino Trucks Commemorates Delivery of First Cummins Powered Truck to Penske Truck Leasing

Retrieved on:

Wednesday, October 20, 2021

It's exciting to see the first of such innovations go to Penske Truck Leasing who has been a long-time partner of Hino Trucks.," said Bob Petz, Sr. Vice President of Vehicle and Parts Sales for Hino Trucks.

Key Points:

It's exciting to see the first of such innovations go to Penske Truck Leasing who has been a long-time partner of Hino Trucks.," said Bob Petz, Sr. Vice President of Vehicle and Parts Sales for Hino Trucks.
Members of Hino Trucks and Cummins were on hand as they presented Paul Rosa, Senior Vice President of Procurement and Fleet Planning for Penske Truck Leasing, with the key to the first truck.
"We have a long-standing relationship with Hino and they have been a trusted supplier of high-quality trucks within our truck leasing and truck rental fleets for over two decades.
"We'd like to congratulate Hino Trucks on the start of production, and Penske Truck Leasing on taking possession of the first Hino L Series powered by Cummins."