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DTNA Says Portland Plant Will Be First to Achieve Carbon-Neutral Production

Daimler Trucks North America announced its truck manufacturing plant in Portland, Ore., will be the first to achieve carbon-neutral production in the global Daimler Trucks network — meeting green production this year.

December 14, 2020

GM’s Cruise to Deploy Driverless Cars in San Francisco

SAN RAMON, Calif. — General Motors’ self-driving car company is sending out vehicles with nobody behind the wheel in San Francisco as it navigates its way toward launching a robotic taxi service that would compete against Uber and Lyft in the hometown of the leading ride-hailing services.

December 9, 2020

Tesla Seeks to Raise Another $5 Billion in Stock Offering

Tesla is looking to raise up to $5 billion in capital through a stock offering as the electric vehicle and solar panel maker seeks to take advantage of strong demand for its products.

December 8, 2020

VW’s Battery Bet Reveals Data Showing Tech Could Top Tesla

QuantumScape Corp., a battery startup that counts Volkswagen AG as its largest shareholder, says new data shows its batteries can be charged to as much as 80% of full power in 15 minutes, almost twice as fast as a Tesla Model 3.

December 8, 2020

Tesla’s German Factory Faces New Snag After Court Halts Logging

Tesla Inc. was ordered by a local court to halt tree clearance for its new factory near Berlin after complaints from two environmental groups, potentially disrupting progress in completing the company’s first European gigafactory.

December 8, 2020

Diesel Continues to Climb on Increasing Global Oil Demand

The U.S. Energy Information Administration’s weekly survey published Dec. 7 showed trucking’s primary fuel increased 2.4 cents nationwide and now costs $2.526 a gallon.

December 7, 2020

Missouri Lawmakers May Ask Voters to Raise Gas Tax in 2021

JEFFERSON CITY, Mo. — Two years after Missouri voters decisively rejected a proposal to raise Missouri’s gasoline tax, the leader of the Senate wants a do-over.

December 7, 2020

Oil Slips From Nine-Month High With Markets in Risk-Off Mode

Oil fell from its strongest close in nine months, hampered by weaker risk sentiment in global markets.

December 7, 2020

VTNA Unveils Plan for Launch of VNR Electric Sales

Volvo Trucks North America announced a far-reaching plan for the launch of its heavy-duty VNR Electric model.

December 3, 2020

OPEC+ Agrees on Gradual Easing of Oil-Output Cuts Next Year

The Organization of Petroleum Exporting Countries and its allies reached an agreement to ease its oil-output cuts next year more gradually than previously planned, giving a fragile market more time to absorb the extra supply.

December 3, 2020