On May 19, 2021, Ford Motor Co. announced more details on the 2022 all-electric F-150 Lightning that will deliver a targeted 563 horsepower and 775 lb.-ft. of torque – the most torque of any F-150 ever. The F-150 Lightning will roll off the production line next year at a new high-tech factory at Ford’s Rouge complex in Dearborn, Mich.
Accel-KKR, a private equity firm with over $10 billion of assets under management, announced on May 19, 2021 that it has acquired GPS Insight, a fleet management software company. Founded in 2005, GPS Insight provides SaaS-based fleet management software and complementary solutions for Class 3-6 fleets in the United States and Canada.
The "Lightning" version of the biggest selling pickup accelerates the push toward fleet electrification.
Daimler Trucks has begun rigorous testing of its second-generation hydrogen-powered prototype truck, which the company calls an important milestone on the path to production of the Mercedes-Benz GenH2 Truck.
New registrations in Germany are experiencing an electrification boom. In the first quarter of 2021, almost one out of four (24%) newly registered passenger cars was equipped with an alternative powertrain - and this figure is even higher on the fleet market.
Week Three of the month-long 2021 Global Fleet Experience, held virtually, will feature on Thursday, May 20, 2021, a “deep dive" market reports on Brazil and Mexico and EV strategies for North America, Europe, and Australia/New Zealand.
Businesses in the UK are planning a £15.8 billion ($22.16 billion) spend on fleet electrification over the next 12 months. It represents a 50% uplift year-on-year, having spent £10.5 billion on electric vehicles (EVs), plug-in hybrid electric vehicles (PHEVs), and on-site charging points in the previous 12 months to end March 2021.
Arval UK announced on May 13, 2021, the results of its review into the real-world range of electric light commercial vehicles (eLCVs). According to the report, fleet operators should anticipate a real-life range of between 60-70% of the quoted WLTP range figure.