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The merger of Workhorse Group and Motiv Electric Trucks creates value by offering a broader portfolio of high-performing commercial EVs at lower unit costs. The new combined company, Workhorse, is targeting about $23 billion from the medium-duty market.
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Workhorse urges shareholders to vote on the Motiv merger, warning a failed deal could trigger restructuring and impact future electric truck support.
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Cox Automotive is merging Fleet Services and FleetNet America in 2026, creating a unified fleet organization to streamline maintenance, boost uptime, and simplify operations nationwide.
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Workhorse Group and Motiv Electric Trucks will merge to accelerate the adoption of medium-duty electric trucks. Together, Motiv and Workhorse have already served 10 of the largest medium-duty fleets in North America.
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Fleetio’s acquisition of Auto Integrate, backed by $450M in funding, brings together two leading platforms to streamline fleet maintenance and management for 8M+ vehicles across North America.
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Goodyear Tire & Rubber Company is selling its Dunlop brand to Sumitomo Rubber Industries. Goodyear will receive approximately $701 million of cash proceeds from SRI at closing.
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Former Syringa Networks leader Doug Phillips is now the CEO of Rand McNally and brings vast transportation and tech experience to the iconic company.
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PowerFleet and MiX Telematics are collaborating to assists clients in addressing crucial business challenges.
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ELMS' assets expand Mullen’s manufacturing capacity, and with the previous Bollinger Motors acquisition, EV rollouts to market will speed up.
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CargoGlide designs, manufactures, and sells sliding bed platforms, which allow users to access gear from their truck bed or cargo van.
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