North America’s largest electric wheel loader: HEVI H65L arrives at dealers

Published

1 month ago

October 5, 2024

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Hevi Unleashes North America's Largest All-Electric Wheel Loader, the H65L

With an operating weight scratching at 50,000 lbs., the recently revealed HEVI H65L is the largest battery electric wheel loader available in the North American market today.

The new HEVI H65L has a rated load capacity of more than 14,300 lbs., a bucket capacity of 5.5 cubic yards, and more than 47,000 pound-feet of breakout force. That compares favorably with the new L120 Electric from Volvo CE (which, itself, has an operating weight starting at 41,887 lbs.) and other similarly sized electric equipment from China.

“This marks another major achievement for us, as we introduce North America’s largest all-electric wheel loader,” explains Raymond Wang, CEO of the HEVI equipment brand. “The purpose-designed H65L meets customer demands with extended runtime, faster charging, and cutting-edge display technology.”

More data, faster charging

That “cutting edge” display provides operators real-time information about the H65L’s operational status, including battery levels, pressure readings, and more.

On the “range” side of the equation, HEVI says the H65L’s 423 kWh battery pack is good for up to nine hours of continuous operation – enough for two shifts before it needs to be plugged into a J1772/CCS connector. About 2.5 hours of DC fast charging at 120 kW is good enough to charge the batteries from 10 to 80% by my math (HEVI claims 0-100% in four hours). Overnight AC charging is also available, but the real win here (I think) is the noise reduction compared to diesel.

HEVI says operators in the climate-controlled cab of the new electric wheel loader will experience noise levels less than 75 decibels under full load, similar to that of a vacuum cleaner or dishwasher running. The sound level when standing 15 feet away from the HEVI loader is 67 decibels (about as loud as the conversation in a restaurant, or just 1/8 the noise levels found at a conventional construction site).

“Building on our legacy of zero-emission, all-electric industrial vehicles, the game-changing H65L delivers high performance while offering zero emissions, reduced operating and maintenance costs, lower noise levels, and enhanced operator comfort,” continues Wang. “Added together, this is an important expansion of our fast growing industrial electric vehicle portfolio that strengthens our competitive position and, we believe, will help us build shareholder value.”

Electrek’s Take

HEVI is one of the few construction equipment companies with an all-electric lineup, and they’re planning to roll these out through a growing network of national equipment dealers – a move that, I think, will help give them an edge over companies trying a D2C approach.

That said, one of the biggest obstacles to broader fleet electrification remains availability of electrified assets. A fleet like PITT Ohio that wants to order 100 electric Volvo Trucks might have to wait eighteen months or more, when a comparable diesel order may take six months to fill. The same is true on the equipment side, and HEVI’s eventual success or failure may depend on whether or not it can get its products into the hands of customers fast enough.

SOURCE | IMAGES: HEVI, via PR Newswire.

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Cybertruck backlog runs out, Model S gets stuck, GM hits a sales milestone

Published

7 hours ago

November 5, 2024

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Cybertruck backlog runs out, Model S gets stuck, GM hits a sales milestone

On today’s episode of Quick Charge, Tesla’s Cybertruck is now available in Canada – and, like in the US, there’s no waiting! Plus, we’ve got an “actually” smart summon Tesla that’s actually stuck, GM reaches a sales milestone, and we get a brand-new title sponsor!

Today’s episode is the first with our new title sponsor, BLUETTI – a leading provider of portable power stations, solar generators, and energy storage systems.

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New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonusLucid proves than an EV company can keep its promises while Xiaomi teams up with Chevrolet and Honda to prove – at least conceptually – that records are made to be broken. audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news!

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This ‘supercharger on wheels’ brings fast charging to you [update]

Published

9 hours ago

November 4, 2024

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This 'supercharger on wheels' brings fast charging to you [update]

Mobile car care company Yoshi Mobility launched a DC fast charging EV mobile unit that it likens to “a supercharger on wheels.”

November 4, 2024 update: Yoshi Mobility will only be charging EVs on the side of the road now – it announced today that it’s selling its fleet fueling operation to EZFill Holdings (Nasdaq: EZFL).

It was originally founded as a direct-to-consumer, mobile fueling business in 2016, but now it’s going to focus on mobile EV charging, virtual vehicle inspections for partners like Uber and Turo, and onsite preventative maintenance.

Bryan Frist, Yoshi Mobility’s CEO & cofounder, said, “By spinning off our fuel business and focusing all of our energy on solving hair-on-fire problems that fleet owners face, we are meeting the changing needs of enterprise customers while making the future of transportation safer, cleaner, and more sustainable.”

May 22, 2024: Yoshi Mobility saw that its existing customers needed mobile EV charging in places where infrastructure has yet to be installed, so the Nashville-based company decided to bring the mountain to Moses.

“We recognized a demand among our customers for convenient daily charging, reliable private charging networks, and proper charging infrastructure to support their fleet vehicles as they transition to electric,” said Dan Hunter, Yoshi Mobility’s chief EV officer and cofounder.

The company says its 240 kW mobile DC fast charger, which can turn “any EV” into a mobile charging unit, is the first fully electric mobile charger available. It can provide multiple charges in a single trip but doesn’t detail how they charge the DC fast charger or who manufactured it. (I asked for more details, and they replied that they won’t disclose client names or the manufacturer of its DC fast charger yet.)

Yoshi is launching its mobile charger on two GM BrightDrop Zevo 600s and will introduce additional vehicles throughout 2024. It aims for full commercialization by Q1 2025. (I wonder if the Zevo 600 ever charges itself? Yes, I asked that too.)

Yoshi Mobility says it’s already deployed its EV charging solutions to service “major OEMs, autonomous vehicle companies, and rideshare operators” across the US. Its initial customers are made up of large EV operators managing “hundreds” of light-duty vehicles requiring up to 1 megawatt of energy per day that don’t yet have grid-connected EV chargers. I’ve asked Yoshi for details of who it’s working with, and will update if they share that info.

The company says pricing is based on location and enterprise charging needs. Once under contract for service, the service will be deployed to US-based customers within 10 days.

To date, Yoshi Mobility has raised more than $60 million, with investments from GM Ventures, Bridgestone, ExxonMobil, and Y-Combinator in Silicon Valley.

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Marqeta shares plunge more than 30% on big forecast miss

Published

9 hours ago

November 4, 2024

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Marqeta shares plunge more than 30% on big forecast miss

Marqeta celebrates its initial public offering at the Nasdaq on June 9, 2021.

Source: The Nasdaq

Marqeta shares tumbled more than 30% in extended trading on Monday after the company issued weaker-than-expected guidance for the fourth quarter.

Here’s how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG:

Loss per share: 6 cents adjusted vs. a loss of 5 cents expected
Revenue: $128 million vs. $128.1 million expected

While third-quarter results showed a slight disappointment on the top and bottom lines, Marqeta’s forecast for the current period was more concerning.

The payment processing firm said revenue in the fourth quarter will increase 10% to 12% from a year earlier. Analysts were looking for growth of more than 17%, according to LSEG.

Marqeta, which primarily functions as a card-issuing platform, attributed the guidance miss to “heightened scrutiny of the banking environment and specific customer program changes.” The company has been struggling for a while, and its stock is now down more than 80% from its peak in 2021, the year it went public. The stock was down 15% for the year prior to the report.

Total processing volume of $74 billion was up more than 30% from a year earlier. Net revenue and gross profit were up 18% and 24%, respectively.

Marqeta’s digital commerce business sells payment technology designed to detect potential fraud and ensure that money is properly routed. It also issues customized physical cards that look like a credit or debit card that can be used for point-of-sale purchases.

The company has been trying to break into the buy now, pay later business with a recently launched product called Marqeta Flex. The service brings BNPL from lenders such as Affirm or Klarna to any credit card wherever Mastercard and Visa are accepted.

“It’s an orchestration layer, but it’s tied to issuing and processing and disputes and chargebacks,” CEO Simon Khalaf told CNBC at Money2020 in Las Vegas last week. “So it is not actually a Wild West in BNPL. It is actually very well established. And there is a reason why a lot of people are jumping to it.”