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  "documentTitle": "XL Fleet (XL)",
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  "authorName": "Muddy Waters Capital",
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  "presentationDate": "2021-03-03 00:00:00",
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      "text": "We believe this announcement is promotional rather than promising, since refuse trucks are some of the least suitable vehicles to EV-upfit due to their immense weight and highly variable route lengths.",
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      "text": "Despite the severe limitations of the XL platform, XL has announced it intends to make hybrid and EV garbage trucks. We believe this announcement is promotional rather than promising, since refuse trucks are some of the least suitable vehicles to EV-upfit due to their immense weight and highly variable route lengths.",
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      "text": "For garbage trucks, it will never work with the path they have to take and the payload they take... Refuse trucks are built for payload, because they want the truck to run as long as possible because of transfer station cost, mileage, etc. This means a truck with the same payload capacity has very different travel distances based on how long a route needs to be prior to full payload capacity... Refuse trucks have a lot more bells and whistles that will need electricity / power at all times, not just when the vehicle is moving. They include hydraulic systems, internal PLCs and controls, safety / camera equipment, etc. – Former XL Employee G",
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      "text": "I think they're probably trying to find a niche. School buses are done [by competitors]. Box trucks are done. – Former XL Employee A",
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      "text": "For garbage trucks, it will never work with the path they have to take and the payload they take... Refuse trucks are built for payload, because they want the truck to run as long as possible because of transfer station cost, mileage, etc. This means a truck with the same payload capacity has very different travel distances based on how long a route needs to be prior to full payload capacity... Refuse trucks have a lot more bells and whistles that will need electricity / power at all times, not just when the vehicle is moving. They include hydraulic systems, internal PLCs and controls, safety / camera equipment, etc. — Former XL Employee G; I think they’re probably trying to find a niche. School buses are done [by competitors]. Box trucks are done. — Former XL Employee A",
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      "text": "5 https://www.businesswire.com/news/home/20210204005319/en/XL-Fleet-Partnering-with-Curbtender-to-Develop-All-Electric-and-Plug-in-Hybrid-Refuse-Trucks",
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      "text": "XL'S EV/HYBRID GARBAGE TRUCK APPEARS TO BE A DISTRACTION WITH LIMITED POTENTIAL",
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