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Hyliion Set to Join Russell 3000 Index

Electrified powertrain company Hyliion Holdings Corp. announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.

June 18, 2021

Ford Acquires Battery-Management Startup to Charge EV Fleets

Ford Motor Co. has acquired a startup that specializes in managing charging networks for commercial electric vehicles, a business the automaker hopes could generate as much as $1 billion in revenue by 2030.

June 17, 2021

GM to Spend More on Electric Vehicles, Add Battery Plants

DETROIT — General Motors will raise its spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology.

June 16, 2021

Lordstown Motors Jumps on Forecast for 11 Months of Cash on Hand

Lordstown Motors Corp. jumped after saying it has enough money to make its battery-powered trucks through May of next year, paring a record decline the previous day following the departure of two top executives.

June 15, 2021

John Kerry: Carbon Capture ‘Key Tool’ to Curb Factory Emissions

Carbon capture is emerging as a key strategy for curbing greenhouse-gas emissions from heavy industry, according to U.S. climate envoy John Kerry.

June 15, 2021

GM, Wabtec Agree to Make Electric and Hydrogen-Powered Trains

General Motors Co. and Wabtec Corp. have signed a nonbinding agreement to build locomotive engines using the automaker’s Ultium electric battery and its Hydrotec hydrogen fuel-cell system, the companies said June 15.

June 15, 2021

Lordstown Motors’ Rough Road Continues as CEO, CFO Depart

The top two executives at Lordstown Motors have resigned from the Ohio electric truck startup as problems at the company continue to mount.

June 14, 2021

UNFI Refits With Electric TRUs in Southern California

The wholesaler United Natural Foods Inc. announced it is adding 53 all-electric transport refrigerated trailer units to its fleet located at the company’s Riverside, Calif., distribution center.

June 11, 2021

Port of Los Angeles, Partners Launch Zero-Emission Project

The Port of Los Angeles and its partners announced the debut of five new hydrogen-powered fuel cell electric vehicles and the grand opening of two hydrogen fueling stations as they move to pollution-free goods movement.

June 11, 2021