Posts Tagged ‘Navistar’
Citing declining U.S. oil production and escalating world demand for energy, Navistar unveiled its new eStar all-electric delivery/cargo van in Elkhart, Ind., where the new vehicle will be built.
The eStar’s entry into the U.S. market has been long-anticipated. It is a culmination of Navistar’s 2009 acquisition of U.K. electric vehicle manufacturer Modec and a $2.4 billion investment by the Obama administration’s American Recovery and Reinvestment Act of 2009 – funds that were matched by the trucking industry at large, for a total investment of $4.8 billion in the research and development of clean energy vehicles.
The new eStar is not a hybrid truck or a conversion from a gasoline- or diesel-burning vehicle. Rather, it is a purpose-built Class 3 delivery and cargo van that…balances the needs of the environment with the needs of businesses in the United States…
According to FedEx spokeswoman Deborah Willig, test vehicles evaluated by FedEx were able to work for an entire 8-hour day without requiring additional battery charges. And in the event that quick vehicle turnaround times are required, Terblanche said the battery cassette in an eStar can be swapped out in 20 minutes – much like a gigantic cell phone – returning the vehicle to the road for another 100 miles. Terblanche said the eStar easily is adaptable to future battery technology, which means the truck’s performance and range actually could improve as new power systems become available.
The first one off the assembly line goes to FedEx. Which makes great sense.
The U.S. Army has cleared Oshkosh Corp to resume work on a $3 billion medium truck contract, after a month-long reevaluation of all three bids originally submitted for the work.
In December, the congressional Government Accountability Office had upheld protests filed by losing bidders BAE Systems Plc and Navistar International Corp, telling the Army to go back and reevaluate the bids, as well as Navistar’s past performance.
In a statement issued late on Friday, the Army said it decided the Oshkosh bid was still the best one in late January, and a peer review conducted by top Pentagon officials subsequently affirmed the Army’s decision.
As a result, the Army said it was lifting a stop work order, which would allow Oshkosh to resume work on the trucks…
Defense consultant Jim McAleese said the decision was in line with expectations, and would result in savings for the Army of over $1 billion…
Oshkosh surprised analysts when it won the medium truck contract last August, beating out incumbent BAE Systems, which had been making the trucks for the Army for 17 years.
The “military industrial complex” – which generally means corporations in conservative Republican or Democrat districts who are stuck entirely up into the bowels of Pentagon flunkeys – usually can rely upon a year or two of wearing down bona fide contract awards through the sort of political ennui we’ve come to know and love in the current Congress.
That Obama has succeeded in planting an administrative boot right between the greedy hemispheres of entrenched corporate butts is one of the most significant examples of change since FDR was elected in the 1930′s. The sort of “Hopey-Changey” that never happened before.
BTW, last election cycle, BAE forked over more than $615,000 in campaign contributions to incumbents.