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Pandemic Shopping Spree Fuels Rebound in Shipping Emissions

The pandemic-driven shopping spree is having at least one unintended consequence: Emissions from shipping are on the rise again.

September 28, 2021

EV Maker Polestar Valued at $20 Billion in SPAC Deal

Polestar, the electric vehicle maker backed by Volvo Car Group and actor Leonardo DiCaprio, agreed to go public through a merger with a blank-check company at a roughly $20 billion enterprise valuation.

September 27, 2021

Mercedes-Benz Plans $8.2 Billion European Battery Venture

Daimler AG will team up with Stellantis NV and TotalEnergies SE to boost the scale of their European battery venture to more than 7 billion euros ($8.2 billion) in a move to secure supplies for electric Mercedes-Benz cars.

September 24, 2021

Maersk Buys Stake in Electrofuel Startup in Race to Ditch Oil

A.P. Moller-Maersk A/S is investing in a startup that develops electrofuels as part of a strategy to own technologies that can help it become carbon neutral.

September 23, 2021

NACFE Finds Many Fleets Could Run Electric Trucks Now

Fleets in four market segments could switch to battery-electric vehicles right now, the North American Council for Freight Efficiency concluded after its recent Run on Less — Electric event.

September 23, 2021

Retailers Face Challenges Installing Electric Vehicle Chargers

Retail fuel outlets such as truck stops and gas stations say they are seriously weighing investment in electric vehicle chargers, but face such challenges as customer “range anxiety,” high utility charges for electricity and political policy uncertainties.

September 22, 2021

Workhorse Shares Sink After It Halts Electric Van Deliveries

Workhorse Group Inc. shares plunged Sept. 22 to their lowest since May after the embattled electric vehicle maker said it will suspend deliveries of its vans and recall units it has already delivered.

September 22, 2021

Ford, Redwood to Partner on Recycling EV Battery Materials

Redwood Materials Inc., the startup founded by Tesla alum J.B. Straubel, has formed a partnership with Ford Motor Co. to recycle and reuse key ingredients within the lithium-ion batteries that will power the automaker’s burgeoning fleet of electric vehicles.

September 22, 2021

Kruger Energy Adds First Peterbilt 579EV Models in Canada

Kruger Energy announced it purchased two Class 8 Model 579EV trucks from Peterbilt Motors Co., marking the first of the vehicles the truck maker has sold in Canada.

September 17, 2021