California recently passed regulations requiring that over 50% of all commercial trucks sold in the state must be zero-emissions by 2035 and other states have signed a memorandum to phase out all diesel-burning medium- to heavy-duty truck and bus sales by 2050. These new laws signal promise and opportunity for companies like Xos Trucks, the LA company building state-of-the-art OEM electric trucks that forge together battery packs, chassis, and software. Xos Trucks’ flagship X-Platform 1 is fully electric and compatible with a variety of medium-duty bodies, wheelbases, and range requirements up to 200 miles. The X-Platform 1 is often customized into Class 6 medium-duty bodies that fulfill short-range deliveries, which have been used by UPS. Xos Trucks is also developing the ET-One, a Class 8 heavy-duty truck that can carry 80,000 pounds and can travel 150 miles per charge. 65% percent of trucks on the road travel less than 150 miles per day and Xos is addressing this market with its solutions to make last-mile delivery sustainable and efficient. COO and Cofounder Giordano Sordoni shares more about Xos Trucks is disrupting an $8T industry from the ground up with saavy engineering and software.
Anyone who has ever been in charge of organizing a group trip is familiar with all the planning that goes into it, and executing the most basic plans like how to get from point A to point B can kickstart a flurry of activity that includes hours of Google searches and phone calls with various vendors. Swoop makes it as easy as ordering an Uber with its group transportation booking platform that digitizes mom-and-pop group chauffeur operators. CRO and Cofounder Peter Evenson shares more insight on how Swoop is bringing SaaS to a historical paper and pencil industry, the company’s future plans, and recent funding round.
Autonomous eVTOLs (electric Vertical Take-Off and Landing systems) are coming sooner than you think.