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Nikola Invests in Midwestern Hydrogen Plant

Zero-emission truck builder Nikola Corp. has invested $50 million in cash and stock in Wabash Valley Resources in exchange for a 20% equity interest in the clean hydrogen production project WVR is developing in West Terre Haute, Ind.

June 23, 2021

First Production Model Peterbilt 220EV Goes to Alaska

Peterbilt Motors Co. announced the delivery of the first production Model 220EV to the Department of Solid Waste Services in Anchorage, Alaska. Ordered but not yet delivered was a Model 520EV truck.

June 21, 2021

Lineage Logistics to Acquire Cold Storage Operation in Denmark

Lineage Logistics, a global temperature-controlled industrial real estate investment trust (REIT) and logistics provider, announced its intention to acquire the cold storage division of Danish company Claus Sorensen Group.

June 21, 2021

Volvo, Northvolt Join Forces on European EV Battery Factory

Volvo Car Group and Swedish battery maker Northvolt AB will jointly build an electric car battery factory in the latest move by European manufacturers to localize cell production in the region.

June 21, 2021

Work Truck Solutions, Morgan Truck Body Launch Portal

Work Truck Solutions, a provider of software as a service, and Morgan Truck Body announced an online portal for finding Morgan-equipped commercial dry freight, refrigerated, platform and dump truck bodies.

June 18, 2021

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

Perspective: Pivotal Opportunity to Repeal FET

Congress and President Joe Biden are currently focused on improving America’s infrastructure, with a key sticking point being how to pay for the improvements. This debate presents an opportunity for Congress to finally resolve funding for the insolvent Highway Trust Fund by replacing antiquated funding mechanisms — such as the federal excise tax on heavy-duty trucks and trailers — with solutions that are more reflective of today’s transportation landscape.

June 21, 2021

Bridgestone Invests in Kodiak Robotics

Bridgestone Americas announced it made a minority investment in self-driving truck technology company Kodiak Robotics Inc.

June 18, 2021

Xos Forms Powertrain Division

Electric truck manufacturer Xos Inc. announced it established a new powertrain division called Powered by Xos.

June 18, 2021