XL Fleet News

XL Fleet Yahoo Finance / Sep 23, 2020

This article was first published on Rigzone here Aker BP has awarded additional work for Odfjell Drilling's Deepsea Stavanger semi-submersible rig under the companies' existing frame agreement, Odfjell reported Tuesday. The initial contract scope - with an estimated value of up to US$44 million plus incentives - calls for five wells, Odfjell noted in a written statement emailed to Rigzone.

https://finance.yahoo.com/news/odfjell-drilling-wins-aker-bp-135016716.html
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Odfjell Drilling Wins Aker BP Contract

Yahoo Finance

XL Fleet Yahoo Finance / Sep 23, 2020

U.S. airline chief executives and labor leaders redoubled calls on Wednesday for lawmakers to urgently pass another $25 billion in payroll aid, though hopes for a deal this month were dwindling as lawmakers shifted focus to a political battle over a Supreme Court vacancy. The industry has been hoping

https://finance.yahoo.com/news/southwest-ceo-hopeful-more-airline-140207195.html
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Southwest CEO 'hopeful' for more airline aid despite Washington impasse: CNBC interview

Yahoo Finance

XL Fleet Yahoo Finance / Sep 23, 2020

LONDON, Sept 23 (Reuters) - British finance minister Rishi Sunak is looking at topping up underemployed workers' wages rather than taking a sector-by-sector approach after his original furlough scheme expires next month, the BBC's political editor said on Wednesday. Sunak is due to set out the future of the job support programme in a statement to parliament on Thursday.

https://finance.yahoo.com/news/uks-sunak-focus-wage-support-154603214.html
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UK's Sunak to focus on wage support as furlough scheme ends

Yahoo Finance

XL Fleet Al-Bawaba / Sep 23, 2020

Hard work demands a dependable engine, and the Ford Ranger's reputation for rugged reliability is built on the strength of its globally-proven Duratorq turbodiesel engine range. Built at the Ford Struandale Engine Plant in Port Elizabeth, South Africa - the 2.2-litre and 3.2-litre Duratorq TDCI engines that power the Ranger line-up combine excellent performance with advanced fuel-efficient engine technology to give Ford's mid-size pickup an edge over other trucks.

https://www.albawaba.com/business/pr/pulling-power-how-ford%E2%80%99s-incredible-turbodiesel-engines-deliver-torque-and-efficiency
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Pulling Power: How Ford’s Incredible Turbodiesel Engines Deliver the Torque and Efficiency That Owners Demand

Al-Bawaba

XL Fleet Global Legal Chronicle / Sep 22, 2020

Morrison & Foerster LLP advised Pivotal Investment Corporation II on the deal. Pivotal Investment Corporation II (NYSE: PIC) ("Pivotal"), a publicly traded special purpose acquisition company, announced its merger with XL Fleet ("XL"), a leader in vehicle electrification solutions for commercial and municipal fleets.

http://www.globallegalchronicle.com/pivotals-merger-with-xl-fleet/
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Pivotal's Merger With XL Fleet – Global Legal Chronicle

Global Legal Chronicle

XL Fleet FreightWaves / Sep 22, 2020

Reacting to the stunning series of events that culminated in t he resignation of Nikola Corp. (NASDAQ: NKLA) Executive Chairman and founder Trevor Milton on Monday, venture capitalists said the challenges facing the embattled electric truck company call attention to the symbiotic but risky relationship between clean tech startups and special purpose acquisition companies (SPACs), the alternative form of financing Nikola used to go public in June.

https://www.freightwaves.com/news/vcs-weigh-in-on-nikola-controversy
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VCs: Nikola scandal won’t stem cash flow to clean-tech startups

FreightWaves

XL Fleet Wccftech / Sep 22, 2020

Electric vehicle and renewable energy products manufacturer Tesla Inc. ( NASDAQ:TSLA) is set to hold is Battery Day conference tomorrow at the close of its annual shareholder meeting. The event is at the center of press and analyst attention as the company is expected to make important revelations about its products and their components.

https://wccftech.com/tesla-share-price-sink-musk-battery/
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Tesla Share Price Sinks As Musk Admits Serious Battery Supply Shortage

Wccftech

XL Fleet GlobeNewswire / Sep 22, 2020

Note to editors: To view the photos associated with this press release, please visit the following links: https://www.globenewswire.com/NewsRoom/AttachmentNg/e7a62b82-b586-4029-b110-10cdf956d6d2 https://www.globenewswire.com/NewsRoom/AttachmentNg/bbf03114-0772-45e1-935b-862741a212ae Global mobility provider Bombardier Transportation has received an order from Lower Saxony's regional public transport operator Landesnahverkehrsgesellschaft Niedersachsen (LNVG) for 14 additional BOMBARDIER TWINDEXX Vario double-deck coaches.

https://www.globenewswire.com/news-release/2020/09/22/2097160/0/en/Bombardier-to-build-14-more-TWINDEXX-Vario-double-deck-coaches-for-LNVG.html
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Bombardier to build 14 more TWINDEXX Vario double-deck coaches for LNVG

GlobeNewswire

XL Fleet NNY360 / Sep 20, 2020

These days, a product's popularity is often a poor indicator of its quality. Consider McDonald's hamburgers, which don't taste remotely like beef, and Starbucks coffee, which always seems burned. Yet popularity can just as often indicate a product's excellence, as is the case with Ford's F-Series Super Duty medium-duty pickup.

https://www.nny360.com/communitynews/business/popularity-doesn-t-always-mean-mediocrity/article_558451bd-e78e-5cf7-9440-996480a67dee.html
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Popularity doesn't always mean mediocrity | Business | nny360.com

NNY360

XL Fleet INFORUM / Sep 20, 2020

Ford has made a useful truck even more so, by offering options that tailor the truck to your needs, be it the Snow Plow Prep Package or the Tremor Off-Road Package that includes such as Trail Control, which is basically cruise control for off-road driving.

https://www.inforum.com/business/6664406-Auto-review-2020-Ford-Super-Duty-proves-that-popularity-doesnt-always-mean-mediocrity
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Auto review: 2020 Ford Super Duty proves that popularity doesn't always mean mediocrity

INFORUM

XL Fleet BetaBoston / Sep 19, 2020

The Boston-based supplier of electrified powertrains will become one of the few local cleantech companies to be publicly traded after it completes a merger with a shell company, likely later this fall. XL joins a parade of businesses opting to go public by merging with a publicly traded "special purpose acquisition company," or SPAC for short, rather than pursuing a traditional IPO.

https://www.bostonglobe.com/2020/09/18/business/hybrid-vehicle-company-xl-fleet-valued-more-than-1b-looks-go-public/
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Hybrid vehicle company XL Fleet, valued at more than $1B, looks to go public

BetaBoston

XL Fleet GM Authority / Sep 19, 2020

General Motors is working hard to introduce 20 new EV models by 2023. However, the automaker's upcoming EV onslaught will rely on battery power alone, which means no new hybrid models to speak of. That said, for those customers looking to combine gas and electric power with GM's full-size van lineup, including the Chevy Express and GMC Savana, there's a solution.

https://gmauthority.com/blog/2020/09/xl-fleet-electrifies-chevy-express-and-gmc-savana-vans/
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XL Fleet Electrifies Chevy Express And GMC Savana Vans

GM Authority

XL Fleet Barron's / Sep 19, 2020

Another alternative-fuel trucking startup is going public. And It has more sales than peers. The time, the company is XL Fleet. It's merging with special purpose acquisition company Pivotal Investment (ticker: PIC) in a deal that values the electric-trucking company at about$1 billion. The deal was announced Friday.

https://www.barrons.com/articles/electric-truck-company-to-go-public-xl-pivotal-51600453199
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Here’s the Latest Electric-Truck Company to Go Public

Barron's

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