The Supply Chain Matters blog features our November 21, 2019 Edition of This Week in Supply Chain Management Tech, a brief synopsis of noteworthy supply chain management focused technology news which we believe would be of specific interest to our global-based blog readership. Included in this edition are highlights related to noteworthy announcements and/or developments related to: Convoy, Anheuser-Busch, Arch Systems and Flex.
Nikola Corporation announced last week that the hybrid electric Class 8 tractor truck manufacturer had completed a $210 million Series C investment funding round.
Anheuser-Busch and Nikola Motor Company have jointly announced an order for up to 800 hydrogen-electric powered Nikola Two semi-trucks. This announcement is significant from two dimensions. It serves as a market endorsement of hydrogen-electric powered Class 8 trucks as a preferred strategy for sustainable-powered heavy-duty vehicles for long-haul transportation services. The announcement further adds credence to investing in an industry disruptor that has definite manufacturing and infrastructure plans.
Supply Chain Matters has provided our readers visibility to emerging […]