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Daimler Trucks North America company logo
Corporation
AUTOMOTIVE & TRANSPORTATION | Automobile Manufacturing
daimler-trucksnorthamerica.com

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Investments

1

Partners & Customers

10

About Daimler Trucks North America

Daimler Trucks North America, headquartered in Oregon, is a truck manufacturer, producing and marketing commercial vehicles under the Freightliner, Western Star, and Thomas Built Buses nameplates. Daimler Trucks North America is a Daimler company, the world's leading commercial vehicle manufacturer.

Daimler Trucks North America Headquarter Location

4555 North Channel Avenue

Portland, Oregon, 97217,

United States

+1 503 745 8000

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Daimler Trucks North America Web Traffic

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Latest Daimler Trucks North America News

Autonomous or electric? Knight-Swift, PGT Trucking choose both

Oct 19, 2021

Published Oct. 19, 2021 Dive Brief: Fleets are ready to invest in the next generation of trucks, showing interest in electric vehicles and autonomous vehicles. Last week, Embark Trucks announced it received 14,200 reservations for its OEM-agnostic autonomy technology, while flatbed specialist PGT Trucking signed a letter of intent to lease 100 fuel-cell electric Nikola Tres. Embark said the reservations resulted from its Partner Development Program, in which the technology-maker works with carriers to test and improve the operating model . The reservations aren't binding, but they allow fleets to secure priority access to the equipment for five years, starting when Embark plans to launch its software commercially in 2024. PGT Trucking's lease order would also include scheduled maintenance and hydrogen fueling stations, according to the announcement. Nikola expects to start delivering the trucks to the fleet in 2023, but the whole agreement is contingent upon a "satisfactory completion" of a truck demonstration program under terms the two parties will agree upon. Dive Insight: Makers of AV and EV technology aim to disrupt the trucking industry, but in separate ways. Aside from the small number of trucks designed to be electric and autonomous — Gatik is developing one such offering — fleets are left to make a decision about how they want to invest their resources. J.B. Hunt Chief Sustainability Officer Craig Harper was asked about EVs during an AV session at the Council of Supply Chain Management Professionals' Edge conference in September. "Trying to predict how electric and autonomous are going to work together — I think it's way too early," he said. Harper said many questions remain unanswered, as equipment technologies are in developmental stages. Will battery technology improve and become smaller and lighter? If AVs are best used in long-haul operations, does that mean hydrogen power would be a better fit? Charlie Jatt, Waymo's head of commercialization for trucking, shared the stage with Harper. Similar to Embark's solution, Waymo's autonomy system is designed to be powertrain-agonistic. The company is starting with diesel platforms because that's what's available and what the majority of fleets use, according to Jatt. "There's nothing fundamental that says autonomous technology must be with diesel or must be with electric or must be with fuel cells. So, from our side, we're very much trying to follow the lead of the manufacturers and the carriers on the powertrain side of things and hopefully time it right, such that our technology is available with the powertrains that carriers want at any point along the way," Jatt said. Autonomous EVs may be rare for now, but big fleets don't have to bet on one technology or the other. While J.B. Hunt partners with Waymo , the trucking firm is also partnering with Daimler Trucks North America to pilot its all-electric Class 6/7 Freightliner eM2 . PGT Trucking is also pursuing both technology types. It signed an eight-year agreement to deploy 1,000 Autonomous Relay Convoy systems from platooning-technology company Locomation. One of Embark's reservation-holders is Knight-Swift, which is also investing resources in EVs. Last month, Kenworth announced the fleet placed a lease order for one battery-electric T680E . Knight Port Services plans to operate the truck in Southern California over the next three years. Dave Jackson, CEO of Knight-Swift, said in a statement the company has recognized a "strong case for early deployment" of AV technology in particular segments of the network, though he didn't mention which ones. "Our management team has worked closely with Embark to weigh the unique benefits in speed, cost and sustainability against the operational and technical hurdles of deployment at a lane-level, enabling Knight-Swift to accurately prioritize the network segments where this technology could deliver the most value and place reservations against this plan," Jackson said. Jackson also noted "operational and technical hurdles of [AV] deployment at a lane-level." EVs face hurdles, as well. Infrastructure is a critical element for both technologies that still requires major development. AVs need lane markers, while EVs require expansive charging and/or fueling networks. The regulatory landscape is also lacking, as fleets rely heavily on government credits to pay for greener equipment, and framework is in development to allow the operation of driverless trucks. Recommended Reading:

Daimler Trucks North America Investments

1 Investments

Daimler Trucks North America has made 1 investments. Their latest investment was in High Definition Vehicle Insurance as part of their Series B on August 8, 2021.

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Daimler Trucks North America Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/19/2021

Series B

High Definition Vehicle Insurance

$32.5M

Yes

5

Date

8/19/2021

Round

Series B

Company

High Definition Vehicle Insurance

Amount

$32.5M

New?

Yes

Co-Investors

Sources

5

Daimler Trucks North America Acquisitions

1 Acquisition

Daimler Trucks North America acquired 1 company. Their latest acquisition was Thomas Built Buses on October 06, 1998.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/6/1998

Acq - Fin

Acquired

1

Date

10/6/1998

Investment Stage

Acq - Fin

Companies

Valuation

Total Funding

Note

Acquired

Sources

1

Daimler Trucks North America Partners & Customers

10 Partners and customers

Daimler Trucks North America has 10 strategic partners and customers. Daimler Trucks North America recently partnered with American Center for Mobility on October 10, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

10/4/2021

Partner

American Center for Mobility

United States

DTNA, ACM Announce Collaboration

The partnership agreement between DTNA and ACM represents the first collaboration by ACM with a manufacturer of medium - and heavy-duty commercial vehicles and formalizes a long-standing relationship between ACM and DTNA , whose Detroit brand has used the center for multiple years to demonstrate its technologies for customers and distributors .

1

8/2/2021

Partner

Decisiv

United States

Daimler Trucks North America Partners with Decisiv

`` Our partnership with Decisiv Inc. will further enhance our Uptime by reducing the time to write up repair estimates , enabling instant approvals , verifying real-time parts availability , and providing consistent labor hours utilizing standard repair times , '' said Paul Romanaggi , chief customer experience officer at Daimler Trucks North America .

1

5/5/2021

Partner

XPO Logistics

United States

XPO Pilots Battery-Electric Truck

XPO Logistics , Inc. , a leading global provider of transportation and logistics solutions , has partnered with Daimler Trucks North America LLC to test Daimler Trucks North America LLC 's battery-electric commercial trucks under real-life operating conditions in California .

2

12/1/2020

Partner

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10

11/12/2020

Partner

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10

Date

10/4/2021

8/2/2021

5/5/2021

12/1/2020

11/12/2020

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

American Center for Mobility

Decisiv

XPO Logistics

Country

United States

United States

United States

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News Snippet

DTNA, ACM Announce Collaboration

The partnership agreement between DTNA and ACM represents the first collaboration by ACM with a manufacturer of medium - and heavy-duty commercial vehicles and formalizes a long-standing relationship between ACM and DTNA , whose Detroit brand has used the center for multiple years to demonstrate its technologies for customers and distributors .

Daimler Trucks North America Partners with Decisiv

`` Our partnership with Decisiv Inc. will further enhance our Uptime by reducing the time to write up repair estimates , enabling instant approvals , verifying real-time parts availability , and providing consistent labor hours utilizing standard repair times , '' said Paul Romanaggi , chief customer experience officer at Daimler Trucks North America .

XPO Pilots Battery-Electric Truck

XPO Logistics , Inc. , a leading global provider of transportation and logistics solutions , has partnered with Daimler Trucks North America LLC to test Daimler Trucks North America LLC 's battery-electric commercial trucks under real-life operating conditions in California .

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Sources

1

1

2

10

10

Daimler Trucks North America Team

13 Team Members

Daimler Trucks North America has 13 team members, including current Chief Executive Officer, President, Roger Nielsen.

Name

Work History

Title

Status

Roger Nielsen

Chief Executive Officer, President

Current

Beate Orgas

Chief Executive Officer

Current

Brian Lewallen

Detroit Diesel Corporation

President

Current

Scott McAllister

President

Current

Oliver Weilandt

Chief Financial Officer

Current

Name

Roger Nielsen

Beate Orgas

Brian Lewallen

Scott McAllister

Oliver Weilandt

Work History

Detroit Diesel Corporation

Title

Chief Executive Officer, President

Chief Executive Officer

President

President

Chief Financial Officer

Status

Current

Current

Current

Current

Current

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