Fuel Smarts

Investment

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December 20, 2017 - Industry News

Wabco Invests $10 Million in Nikola Motor Company

Nikola anticipates offering its fully electric Nikola Two day-cab truck (pictured) for sale in the U.S. by 2021. Photo: Nikola

Wabco Holdings has announced a $10 million strategic investment in Nikola Motor Company, manufacturer of the upcoming Nikola One and Nikola Two hydrogen-electric Class 8 trucks.

Tags: Class 8, Hydrogen Fuel Cell Vehicles, Investment, Wabco, Battery-Electric Vehicles, Hybrid Trucks, Nikola Motor Company, Global

December 7, 2017 - Industry News

Meritor Invests in TransPower to Accelerate Electric Platform Development

Meritor announced a strategic investment in TransPower, an electrification technology for large commercial vehicles, to help speed the development of its electric vehicle platforms.

Tags: Investment, Meritor, Drivetrains, Battery-Electric Vehicles, Electric Trucks, TransPower

October 3, 2017 - Industry News

Buffet’s Berkshire Hathaway Buys Large Stake in Pilot Flying J

Photo: Pilot Flying J

Warren Buffet’s holding company Berkshire Hathaway has made a significant minority investment in truckstop chain Pilot Flying J, with plans to become the majority stakeholder by 2023, the companies announced.

Tags: Investment, Truckstops, Pilot Flying J, Mergers & Acquisitions

July 19, 2016 - Industry News

Pressure Systems International Invests in Plasma-Based Aerodynamics

Image via P.S.I.

Pressure Systems International, an automatic tire inflation systems provider, has invested in a new aerodynamic technology and entered into an exclusive distribution agreement with Plasma Stream Technologies.

Tags: Partnership, Investment, Aerodynamics, P.S.I.

August 31, 2015 - Industry News

Lockheed Martin Invests In Truck Platooning Technology

Image via Peloton

Lockheed Martin has reached an investment agreement with Peloton Technology to accelerate the development and deployment of the company's truck-platooning technology.

Tags: Investment, Truck Platooning, Peloton Technology

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