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Investing.com -- Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) stock rose 4% Thursday morning following the announcement of its collaboration with PACCAR Inc. (NASDAQ:PCAR) on a whitepaper addressing lithium-powered solutions for reducing idling and fuel costs in the trucking industry.
The whitepaper, titled "Reducing Idle Time & Fuel Costs: Lithium Powered Solutions for Commercial Fleets," evaluates the performance and benefits of lithium-powered idle-reduction solutions compared to traditional diesel-powered and AGM-based alternatives. The report incorporates real-world fleet trial data and testing conducted at the PACCAR Technical Center.
Wade Seaburg, chief commercial officer at Dragonfly Energy, emphasized that idle reduction remains "one of the most immediate and cost-effective ways fleets can reduce fuel consumption and emissions while improving driver comfort." Dr. Philip Stephenson, general manager of the PACCAR Technical Center, noted that the collaboration allowed them to "evaluate lithium-powered idling mitigation solutions aimed at lowering idle times, extending non-idling sleeper climate control operation and reducing fuel consumption."
The whitepaper highlights several key benefits for fleets, including significant reductions in fuel consumption compared to diesel APUs and AGM systems, reliable power for full 10-hour rest periods, lower maintenance costs, and extended engine life. These findings are being presented at The Battery Show North America 2025 in Detroit.
Dragonfly Energy, an industry leader in energy storage and maker of Battle Born Batteries, is working with PACCAR, a global leader in premium truck manufacturing, to provide practical insights into how lithium-powered solutions perform under demanding operating conditions.
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