Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

Government, Business, Fuel

Georgia Tax Revenue Rises on Restarted Motor Fuel Taxes

Georgia’s reinstatement this year of motor fuel taxes helped the state collect 13.1% more revenue to reach nearly $2.5 billion in July compared with the previous year.

August 18, 2023
Business, Technology, Fuel

Ford, SK to Build Battery Plant in Quebec

Ford Motor Co. is joining with South Korean battery-component makers SK On Co. and EcoPro BM Co. to build a cathode active material plant in Quebec worth more than C$1.2 billion ($887 million).

August 17, 2023
Business, Fuel

Proterra’s Bankruptcy Illustrates Challenges for EV Startups

Electric bus maker Proterra Inc. is one of the highest-profile EV company casualties in recent years, but analysts say to expect more. 

August 16, 2023
Government, Business, Fuel

Diesel Price Up Another 13.9¢ to $4.378 a Gallon

Diesel prices climbed another 13.9 cents a gallon for the fourth straight week of a dime-or-more national average surge, according to data from the Energy Information Administration.

August 15, 2023
Business, Technology, Fuel

EV Maker VinFast Soars in Nasdaq Debut

VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. as traders flipped shares of the electric vehicle maker.

August 15, 2023
Business, Fuel

Lordstown Settles Karma Lawsuit for $40 Million

Lordstown Motors Corp. has agreed to pay $40 million to settle a Karma Automotive lawsuit alleging that the company lifted designs and technology to develop its flagship Endurance truck.

August 15, 2023
Business, Technology, Fuel, Private

Amazon Dinged for Coming Up Short on Carbon-Emission Actions

Four years into a plan to eliminate its carbon emissions, Amazon.com Inc. has lost a key endorsement from the world’s leading watchdog of corporate climate goals.

August 14, 2023
Business, Equipment, Safety, Fuel

Nikola to Halt Sales, Recall Trucks After Battery Fires

All the Class 8 Tre battery-electric trucks Nikola Motor sold or sent to potential customers for testing are being recalled, the company said.

August 14, 2023
Government, Business, Fuel

Global Oil Demand Hits Record and Prices May Climb, IEA Says

Global oil demand has surged to a record amid robust consumption in China and elsewhere, threatening to push prices higher, the International Energy Agency said.

August 11, 2023
Business, Technology, Equipment, Fuel

Natural Gas-Fueled Volvo Trucks Set for North American Tests

The first testing of natural gas-fueled European Volvo Group Class 8 trucks on North American roads is set to begin by the end of September, and more imports could be on the way.

August 10, 2023