Chassis provider Motiv wins Bimbo Bakeries electric van order

In this news, we discuss the Chassis provider Motiv wins Bimbo Bakeries electric van order.

(Reuters) – Motiv Power Systems, which provides chassis and software systems for medium trucks and buses, said on Tuesday it had received an order for more than 100 electric delivery trucks from Bimbo Bakeries USA, America’s largest bakery.

The deal comes after a successful pilot program at Grupo Bimbo’s U.S. unit in Mexico, using Motiv delivery trucks – which are electrified versions of Ford Motor Co’s F-59 truck, using batteries supplied by BMW.

The deal comes as delivery fleet operators face regulatory pressure in California and other states to purchase electric vehicles, while coronavirus lockdowns have fueled an increase in package deliveries.

Motiv currently has 23 delivery trucks in production for Bimbo and will deliver another 100 in 2021, the company said. So far, Motiv has raised $ 95 million from investors.

Motiv, based in Foster City, Calif., Has a number of pilot projects underway with a number of other fleets, chief executive Matt O’Leary told Reuters.

“It’s a sign of the future,” he said. “We are about to receive large volume orders for electric vehicles.”

There are currently few electric utility vehicles in service, but a growing number of startups and traditional manufacturers, including Ford and General Motors Co, plan to release models in the next few years.

In August, Amazon.com Inc ordered 1,800 electric vans from Mercedes-Benz of Daimler AG and ordered 100,000 vans from startup Rivian.

In September, electric vehicle makers AYRO Inc and Karma Automotive LLC said they would produce more than 20,000 electric delivery vehicles through 2023.

Reporting by Nick Carey; Editing by Nick Macfie

Original © Thomson Reuters Corporation

      Bollyinside - Latest News and Reviews
      Enable registration in settings - general
      Compare items
      • Total (0)
      Compare
      0