Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) gained 4% in early Thursday trading after announcing a new collaboration with PACCAR Inc. (NASDAQ:PCAR) to develop and share research on lithium-powered technologies aimed at reducing idling and fuel costs for commercial fleets.
The joint whitepaper, “Reducing Idle Time & Fuel Costs: Lithium Powered Solutions for Commercial Fleets,” compares lithium-powered idle-reduction systems with traditional diesel and AGM-based alternatives. It draws on real-world fleet trial results and data collected 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, added that the collaboration enabled them to “evaluate lithium-powered idling mitigation solutions aimed at lowering idle times, extending non-idling sleeper climate control operation and reducing fuel consumption.”
According to the whitepaper, lithium-powered systems deliver several advantages, including significantly lower fuel consumption compared to diesel APUs and AGM systems, reliable energy for full 10-hour rest periods, reduced maintenance costs, and extended engine life. The findings are being presented at The Battery Show North America 2025 in Detroit.
Dragonfly Energy — known for its Battle Born Batteries — is partnering with PACCAR, a global leader in premium truck manufacturing, to provide actionable insights on how lithium-based power solutions can perform in demanding fleet operations.
Dragonfly Energy Holdings Corp stock price
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.