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In September 2019, the company was ranked No. 10 on LinkedIn's Top 50 Startups List for 2019. [9] In November 2020, Nuro announced that they raised $500 million in their Series C funding round led by T. Rowe Price, with a post-money valuation of $5 billion. [10] In December 2020, Nuro acquired self-driving trucking startup Ike Robotics. [11]
The Rivian commercial vans come in two sizes, the 500 and 700, with the smaller van offering more payload (2,663 lbs vs. 2,258) but less cargo space (487 cubic feet vs. 652). The two vans start at ...
Flexport's software integrates and connects ERP data from various companies involved in a supply chain, which allows them to manage information about cargo and streamline freight processing. [5] As of 2017, it had raised $304M, including $110M in a Series C round .
The Rivian EDV (Electric Delivery Van) and ECV (Electric Commercial Van), also known as the Delivery, are a line of battery-electric cargo vehicles built by Rivian.Initially they were exclusive to its investor Amazon, which uses the EDV for package delivery, but in November 2023, sales were opened to other companies as the ECV / Delivery, with minor cosmetic changes. [1]
Trucking achieved national attention during the 1960s and 70s when songs and movies about truck driving were major hits. Truck drivers participated in widespread strikes against the rising cost of fuel, during the energy crises of 1973 and 1979. Congress deregulated the trucking industry with the passage of the Motor Carrier Act of 1980. [6]
It also claimed that the truck achieved more than 50% better fuel consumption while still having the same cargo capacity as a conventional truck. [66] In 2009, FedEx Express partnered with Iveco and started a new test program of hybrid electric/diesel vans. The test program consisted of ten hybrid vans deployed in the Italian cities of Milan ...
Ninja Van, a Singapore-based logistics startup, has closed a $578 million Series E round to support its operations infrastructure and technology systems growth. Investors include China’s Alibaba ...
Rising e-commerce has spurred interest in electric delivery vans. In June, California also approved a groundbreaking policy requiring manufacturers to sell a rising number of zero-emission ...