Replies to post #45093 on Plug Power Inc (PLUG)

[Good Timer]

My take is that, just as with forklifts, PLUG has to drag its customers kicking and screaming into the future. "The 20 fleet tractors will be deployed at current Plug Power customers in North America." This reads to me as if PLUG is going to continue to own the tractors and will, most probably, lease them to their existing customers, until such a time as the customers are convinced hydrogen is the future of logistics, which is when they will be willing to purchase their own.

I'm just happy PLUG didn't have to offer stock warrants to get them to try out the tractors.

[scubastevemd]

These are specially designed to work 24\7 just to move trailers around the yard with drivers. You save time, fuel and accidents in the yard moving trailers to dock and unload that are parked in the yard and then after unloading and or reloading you can move them back to the yard for pick up. If you remember there was a video of this being done in Europe. Just a tool like a tugger for trucks versus planes.