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Daimler Truck Shares Details on Plans Post-Spinoff

Daimler Truck AG, the largest global truck maker, intends to go public Dec. 10, and recently described what that would look like in terms of products and performance.

November 12, 2021

Rivian’s Trading Debut Pushes Value to Almost $88 Billion

Rivian Automotive Inc. ended its first day as a public company valued at almost $88 billion, more than tripling its last private valuation after investors piled into 2021’s biggest initial public offering.

November 10, 2021

Hyliion Reports Net Loss, No Income for Q3

Hyliion Holdings Corp. reported a wider third-quarter net loss and no revenue as it worked to bring its two electrified powertrain solutions for Class 8 trucks to market.

November 10, 2021

Households Face Biggest Surge in Electricity Costs Since 2009

U.S. consumers faced the biggest jump in their energy bills in more than a decade in October, with costs soaring for electricity, natural gas and fuel oil as cooler weather approaches.

November 10, 2021

Zero-Carbon Shipping Plan Targets Container, Iron Ore Routes

Shipping routes for the transport of iron ore from Australia to Japan and containerized goods from East Asia to Europe are at the center of plans to slash maritime carbon emissions by 2030.

November 10, 2021

Rivian Set for IPO That Will Rank as Year’s Biggest

Electric vehicle-maker Rivian Automotive Inc. priced shares in its initial public offering at $78 apiece to raise about $11.9 billion, according to people familiar with the matter.

November 9, 2021

Rivian IPO Puts Slow Race to Commercial EV to Public Market Test

Eleven years after Tesla Inc. went public with a market value of less than $2 billion, one of its most closely watched competitors is following in its tire treads with a much richer valuation.

November 9, 2021

Oil Pares Gains as US Comments Counter Signs of Strong Market

West Texas Intermediate pared earlier gains after U.S. Energy Secretary Jennifer Granholm told MSNBC that President Joe Biden may make an announcement to address high oil and gasoline prices this week.

November 8, 2021

$10 Billion Rivian IPO Would Be Seventh-Largest on Record

Rivian Automotive Inc., the electric truck maker backed by Amazon .com Inc., has elevated the marketed range of its initial public offering to raise as much as $10 billion.

November 5, 2021

Sensata Adds EV Charging Products

Sensata Technologies announced new custom-designed high-voltage junction box solutions for charging commercial electric vehicles.

November 5, 2021