Nikola Corp. said it will start full-scale output of battery-electric trucks next month and deliver between 300 and 500 of the big rigs to customers this year. Its shares rose despite a slump in the broader market.
February 24, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Volvo Group Invests $41 Million in North Carolina
The Volvo Group announced a $41 million investment in North Carolina’s Piedmont Triad region to purchase and expand the building housing its U.S. Uptime Center, which will now also serve as the global headquarters for Volvo Financial Services (VFS).
February 24, 2022Spartan, Uhnder Partner to Offer Next-Gen Radar Tech for Automated Trucks
Sensor technology suppliers Spartan Radar and Uhnder Inc. have formed a partnership to develop improved sensing capabilities for advanced driver-assistance systems and autonomous driving technology for commercial trucks.
February 24, 2022Safety Practices Can Offset Rising Insurance Rates, ATRI Study Says
Motor carriers can offset the rising cost of insurance premiums by continuously improving their overall safety practices and expanding use of smart technology, a new report said.
February 23, 2022Dana Reports Mixed Q4 Results
Dana Inc. reported mixed results in the fourth quarter as net income fell and revenue moved higher as the disrupted supply chain continued to hamper operations, and heavy-duty truck demand rose.
February 23, 2022Biden Wants to Cut Into China’s Electric Battery Dominance
SACRAMENTO, Calif. — President Joe Biden highlighted his efforts to counter China’s dominance of the electric battery market on Feb. 22 as he touted domestic efforts to mine and process lithium and rare metals necessary to create the technology that powers cars, electronics, wind turbines and more.
February 23, 2022TuSimple Agrees to US Oversight, Concluding Probe
Trucking startup TuSimple Holdings Inc. reached an agreement with U.S. authorities to resolve security concerns around its self-driving truck operations and the company’s ties with China.
February 23, 2022Perspective: Rethinking the Pitch for Truck Parking
Truck parking is a major pain point for the industry, and needs more investment from the government. It’s time to get creative about urging that investment, and potentially look to an unconventional source to find it: states’ climate budgets.
February 22, 2022US House, Senate Negotiate Semiconductor Production Bill
Legislation that would dedicate $52 billion to boost the country’s role as a semiconductor manufacturer amid a supply chain crisis is expected to be a main item on Congress’ agenda over the coming weeks.
February 22, 2022Eaton’s Vehicle Group Forms ePowertrain Business Unit
Power management company Eaton announced its Vehicle Group formed a new ePowertrain business unit, which will focus on products from Eaton’s electrified vehicle transmission, reduction gearing and differential portfolios.
February 22, 2022