Automaker Tesla unveiled its newest product line, an electric truck called Semi. According to the company, the truck’s four independent motors provide maximum power and acceleration requiring the lowest energy cost per mile. Semi’s features include fully loaded acceleration from zero to 60 miles per
Transportation startup Idelic announced it has raised $1 million in seed financing, led by Birchmere Ventures, with participation from M25 Group and McCune Capital. Idelic specializes in creating enterprise software solutions that meet the safety, compliance, and risk management needs of modern truck fleets. The company’s
Hyliion announced the close of $21 million in Series A financing led by Axiom Ventures, with participation from New Era Ventures. Hyliion brings hybrid electric technology to tractor-trailers. The Hyliion System can be installed on both new and used trailers and saves up to 30 percent