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Toyota Spends $13.7 Billion to Secure EV Battery Supplies

Toyota Motor Corp. plans to spend $13.7 billion on the supply and development of batteries for hybrid and electric vehicles by 2030, joining other global automakers boosting investments in anticipation of greater demand.

September 7, 2021

Daimler Rejects Environmental Groups’ Climate Demand

BERLIN — German automaker Daimler on Sept. 3 dismissed a “cease and desist” demand from two environmental groups to commit to ending the sale of combustion engine vehicles by 2030.

September 3, 2021

Fleetmaster Works With Customer, OEMs to Add Electric Trucks

For Virginia-based Fleetmaster Express, transitioning to a greener fleet was compelled in part by a customer’s request and is advancing in concert with truck manufacturers.

September 1, 2021

Largest Electric Truck Deployment Ever Gets Going in Southern California

LONG BEACH, Calif. — The largest commercial deployment of battery-electric trucks in North America is ramping up in Southern California for an eight-year run, state officials announced Aug. 31 during the Advanced Clean Transportation Expo here.

September 1, 2021

Some Carriers Want to Go Green but Face Barriers, Convoy Survey Finds

One-third of small and midsize trucking companies want to reduce emissions but face barriers, a Convoy survey released Aug. 31 showed.

August 31, 2021

Cold Transport Moves Further Into Electrification

The technology for cooling transported goods is moving further into electrification and other means to spur deployments of zero-emission transport refrigeration units, manufacturers said.

August 31, 2021

Lithium Fuels Hopes for Revival on California’s Largest Lake

California’s largest but rapidly shrinking lake is at the forefront of efforts to make the U.S. a major global player in the production of lithium.

August 31, 2021

BYD Profit Falls 30% as Chip, Lithium Shortages Increase Costs

BYD Co., the Chinese electric-vehicle and battery maker backed by Warren Buffett, said first-half earnings fell as shortages of chips and lithium increased costs.

August 27, 2021

Rivian Files for IPO

Rivian Automotive Inc., the maker of electric pickups backed by Amazon .com Inc., has filed for an initial public offering and is seeking a roughly $80 billion valuation, according to people familiar with the matter.

August 27, 2021