AJR Trucking and MDB Transportation Place Largest Kenworth EV Order to Date

Rhea-AI Summary

Kenworth Truck Company has received a sizable order of 25 battery electric vehicles from AJR Trucking and MDB Transportation, marking the largest order to date for Kenworth's electric models. This includes 15 Kenworth T680E and 10 K270E vehicles aimed at reducing emissions in Los Angeles. The companies are committed to sustainability, having previously integrated natural gas trucks and aiming for net-zero emissions. They qualified for voucher incentives from the California Air Resources Board to help offset costs. This step reinforces their leadership in addressing climate change.

Positive

• Largest order for Kenworth's battery electric vehicles to date.
• Commitment to sustainability with past integration of natural gas trucks.
• Received incentives from California Air Resources Board to offset costs.

Negative

• None.

LOS ANGELES--(BUSINESS WIRE)-- Kenworth Truck Company announced today that Jack Khudikyan, owner of AJR Trucking and MDB Transportation, has ordered 15 Kenworth T680E and 10 Kenworth K270E battery electric vehicles from Inland Kenworth – Montebello. It marks the largest Kenworth battery electric vehicle order placed to date.

Kenworth K270E (left) and Kenworth T680E (Photo: Business Wire)

AJR Trucking is a leading United States Postal Service contract carrier based in Los Angeles, and MDB Transportation provides transportation services including dedicated, port and rail, LTL and full truckload.

According to Khudikyan, this order is a major step forward for both companies to significantly reduce its emissions. In 2016, AJR Trucking (www.ajrtrucking.com) and MDB Transportation (www.mdbtransportation.com) began adding compressed natural gas (CNG) powered Kenworth T680s to reduce carbon emissions. Combined, the two companies operate more than 80 natural gas-powered trucks and continue to phase out its diesel trucks as operations allow.

“Several years ago, we made the decision to begin adding trucks that run on alternative fuels to reduce our carbon footprint and to better assist our customers in meeting their sustainability goals,” said Khudikyan. “It’s important to do what’s right for the environment, and we’re on a mission to one day achieve net zero emissions between the two companies. This order of Kenworth Class 6 and Class 8 battery electric vehicles will assist us in meeting that goal.”

AJR Trucking will use the K270Es to provide regional postal services in the greater Los Angeles area. The T680Es will operate in MDB Transportation’s drayage operations at the Port of Los Angeles. To offset the cost of the Kenworth T680E and K270E battery electric vehicles, the companies qualified and received voucher incentives through the California Air Resources Board (CARB) Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).

HVIP is part of California Climate Investments, a statewide initiative that puts billions of Cap-and-Trade dollars to work reducing greenhouse gas emissions, strengthening the economy, and improving public health and the environment particularly in disadvantaged communities.

“Jack and his team at AJR Trucking and MDB Transportation are real leaders when it comes to addressing the impacts of climate change,” said Charles Peterman, Inland Kenworth vice president – new truck sales. “We applaud his commitment to operating in a more sustainable way as his companies will become some of the first to put these new trucks into real-world service.”

“This is a significant milestone for Kenworth, AJR Trucking, and MDB Transportation,” said Kevin Baney, Kenworth general manager and PACCAR vice president. “We take pride in Jack’s commitment to invest in Kenworth’s battery electric models and be an early adopter of this new technology.”

Designed for pickup and delivery, regional haul and drayage applications, the T680E is available as a day cab as either a tractor or straight truck. The T680E has an 82,000 lb. gross vehicle weight rating and estimated 150-mile operating range, depending on application.

The K270E is for pickup and delivery and short regional haul operations. The electric powertrain is available with high-density battery packs of 141kWh, 209kWh and 282kWh that deliver up to 100-, 150- and 200-mile range, respectively.

PACCAR Parts electric vehicle (EV) charging stations maximize coverage over a full range of Kenworth electric vehicles, with output power from 20 to 350 kilowatts. EV chargers can be purchased from Kenworth dealers.

Kenworth Truck Company (www.kenworth.com) is the manufacturer of The World’s Best^® heavy and medium duty trucks. Kenworth is a PACCAR company. (NASDAQ: PCAR)

View source version on businesswire.com: https://www.businesswire.com/news/home/20220216006161/en/

Jeff Parietti/Kenworth (425) 828-5196 jparietti@paccar.com

Marcus Lionetti/AJR Trucking (951) 532-8152 (cell), Marcus@ajrtrucking.com

Source: Kenworth Truck Company

FAQ

What is the recent order made by Kenworth Truck Company?

AJR Trucking and MDB Transportation ordered 25 battery electric vehicles from Kenworth, including 15 T680E and 10 K270E models.

How does the order impact PACCAR's stock (PCAR)?

The order highlights Kenworth's leadership in electric vehicle manufacturing, potentially boosting investor confidence in PACCAR's growth in the EV market.

What are the sustainability goals of AJR Trucking and MDB Transportation?

They aim to achieve net-zero emissions by phasing out diesel trucks and increasing their fleet of electric and natural gas vehicles.

What incentives did AJR Trucking and MDB Transportation receive?

They qualified for voucher incentives through the California Air Resources Board to help offset the costs of the electric vehicles.

Where will the new electric vehicles operate?

The K270E trucks will provide regional postal services in Los Angeles, while the T680E will operate in drayage services at the Port of Los Angeles.