U.K. battery company Britishvolt Ltd. received an investment from shipping firm Scorpio Group as it looks to develop technologies to help decarbonize the maritime sector.
May 18, 2022Business, Technology, Fuel
UK Startup Wants to Build Batteries for Boats
Business, Technology, Fuel
Maker of Smaller, Lighter Electric Motors Attracts Investors
Infinitum Electric, an electric motor maker based in Texas, has attracted $80 million in investment from several major energy-focused firms, enabling it to boost production.
May 17, 2022Business, Fuel
Gas Tops $4 a Gallon in Every State for the First Time
Gasoline pump prices have risen above $4 a gallon in all states in the U.S. for the first time ever as the last holdouts — Kansas, Oklahoma and Georgia — saw prices rise overnight, according to auto club AAA.
May 17, 2022Business, Technology, Equipment, Fuel
Hydrogen Likely to Be Next Fuel for Trucking, Panelists Say
LONG BEACH, Calif. — Hydrogen fuel cells are being adopted in transit fleets, and trucking is poised to be the second mover with the fuel — and ultimately see a price at production comparable to diesel, experts said at ACT Expo.
May 17, 2022Business, Equipment, Fuel
Rivian Dispute With Seat Supplier Could Delay Production of Amazon Vans
Rivian Automotive Inc. fell almost 7% May 16 on word the electric vehicle startup is in a dispute with a key seat supplier that could jeopardize its delivery van contract with patron Amazon .com Inc.
May 16, 2022Government, Business, Fuel
Region Results Mixed, Leading to 1¢ Diesel Drop Nationwide
The national average price of diesel dipped after a two-week surge, dropping 1 cent to $5.613 a gallon, the Energy Information Administration reported May 16.
May 16, 2022Business, Technology, Equipment, Fuel
Xos, Allison to Partner on Classes 7-8 Electric Vehicles
Xos Inc., a manufacturer and services provider of Classes 5-8 battery-electric vehicles, powertrains, charging infrastructure and fleet management software, announced a strategic partnership with Allison Transmission Inc. to jointly develop heavy-duty Classes 7-8 commercial electric vehicles.
May 16, 2022Business, Technology, Fuel
Hexagon Composites Acquires Stake in Cryogenic Tanks Company
Hexagon Composites, a designer and manufacturer of clean fuel solutions for commercial vehicles, announced it signed an agreement to acquire a 40% stake in Cryoshelter, an Austria-based company specializing in the development of cryogenic tank technology for liquid renewable natural gas and liquid hydrogen.
May 16, 2022Business, Technology, Equipment, Fuel
Blue Bird to Add Classes 5-6 Commercial Vehicle Chassis
Blue Bird Corp. announced it is building on its nearly century-long expertise of school bus manufacturing to expand its zero-emission transportation solutions to the commercial vehicle market.
May 16, 2022Business, Technology, Fuel
Penske, Shell to Bring EV Charging to Leasing Sites
Penske Truck Leasing and Shell Recharge Solutions North America announced a joint initiative to support light-duty electric vehicle charging at Penske locations.
May 16, 2022