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VW to Invest $50 Billion in Autonomous, Electric Cars

FRANKFURT, Germany — Automaker Volkswagen says it will invest $50 billion (44 billion euros) in developing autonomous and electric cars and expand the appeal of battery-powered cars by selling its upcoming ID compact for about what a diesel-powered Golf costs.

November 16, 2018

ZAF Opens Nickel-Zinc Battery R&D Facility in Montana

Battery technologies developer ZAF Energy Systems has announced the opening of a research and development facility in Bozeman, Mont., according to a Nov. 13 press release. Scientists and engineers at the 8,000-square-foot facility are developing nickel-zinc technologies with an emphasis on performance improvements and cost reduction.

November 15, 2018

Natural Gas Holds Gains After Biggest Jump in Eight Years

Natural gas took a breather after its biggest gain in eight years as forecasts for lingering U.S. cold spurred concern supplies may not be enough to meet winter demand.

November 15, 2018

Hexagon Composites to Acquire Remainder of Agility Fuel Solutions

Composite pressure cylinder supplier Hexagon Composites ASA signed an agreement to acquire the remaining 50% of Agility Fuel Solutions Holdings Inc., which promotes the alternatives of natural gas, biogas, hydrogen, propane and electrification to power a range of industries.

November 14, 2018

Diesel Slips 2.1 Cents to $3.317 a Gallon Amid Oil’s Steep Drop

The U.S. average retail price of diesel dropped 2.1 cents to $3.317 a gallon Nov. 13 as the price of West Texas Intermediate crude oil fell to an 11-month low.

November 13, 2018

Tire Monitoring and Inflation Systems Can Lead to Fuel Savings, Longer Tire Life

Tire failures remain the No. 1 reason for roadside assistance calls. And most tire-related problems come from underinflation as a result of leaks, punctures or just poor maintenance programs.

November 9, 2018

Here Comes the Sun

As truck makers prepare to test and introduce Class 8 battery-electric and hydrogen-electric trucks in the next 12 to 24 months, one must wonder why only a very small number of truck operators have adopted clean solar technology.

November 9, 2018

Love’s Opens Travel Stop Near Oklahoma City

Love’s Travel Stops & Country Stores added 95 truck parking spots in Oklahoma with the opening of a facility in El Reno on Nov. 8, according to a company press release. The 11,000-square-foot location about 27 miles outside Oklahoma City also created 50 jobs.

November 9, 2018

Keystone XL Ruling Comes as Canada Faces Pipeline Capacity Crunch

A Montana federal judge’s ruling that threatens to further delay TransCanada Corp.’s Keystone XL pipeline comes at one of the worst possible times for the Canadian oil industry.

November 9, 2018

Top Lithium Miner Forced to Stay Nimble in Fickle Battery Market

Albemarle Corp., the world’s largest lithium producer, is planning to expand production in Australia, chasing the market for a form of the metal increasingly being used by the makers of electric car batteries.

November 8, 2018