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Paccar Declares Extra Cash Dividend

Paccar Inc. announced it declared an extra cash dividend of $2.80 per share, payable on Jan. 5, 2023, to stockholders of record at the close of business on Dec. 16.

December 7, 2022

Apple Scales Back Self-Driving Car, Delays Debut Until 2026

Apple Inc. has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car’s target launch date by about a year to 2026, according to people with knowledge of the matter.

December 6, 2022

Rising Battery Prices Threaten to Derail the Arrival of Affordable EVs

The trend of falling battery prices has ground to a halt this year, with BloombergNEF’s annual lithium-ion battery price survey showing a 7% increase in average pack prices in 2022 in real terms.

December 6, 2022

Detection Systems Prove Helpful as Fleets Combat Growing Driver Distraction Issue

The familiar expression about being driven to distraction acquires new layers of meaning for fleet safety managers and technology providers intent on tackling the challenge of distracted driving.

December 5, 2022

Savannah Port Terminal to Get $410 Million Upgrade Amid Big Growth

The Port of Savannah plans a $410 million overhaul of one of its sprawling terminals to make room for loading and unloading larger ships while focusing its business almost exclusively on cargo shipped in containers.

December 5, 2022

New Programs, Resources Emerge to Help Communities Plan for EVs

The accelerated and extensive build-out of electric vehicle charging infrastructure is prompting fresh conversations about their placement and the need for city-level resources.

December 5, 2022

DHL Signs Deal With Ford to Add 2,000 Electric Delivery Vans

Deutsche Post DHL Group will add 2,000 electric delivery vans to its global fleet as part of an agreement forged with Ford Pro, the companies announced Dec. 5.

December 5, 2022

Tesla to Cut Output of EVs at Shanghai Factory

Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. 

December 5, 2022

Guide From AASHTO, Other Groups Helps States Develop EV Infrastructure

A short guide to help state agencies collaborate in creating electric vehicle infrastructure has been published by a group of key national transportation, electric utility and energy groups.

December 2, 2022