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VTNA Launches Volvo on Demand for Class 8 VNR Electric

Volvo Trucks North America is launching a term-based program that offers fleets a way to sample how a Volvo VNR Electric model would work in their fleets.

May 29, 2024

Tesla Settles Fatal Crash Suit Ahead of California Trial

Tesla reached a deal to resolve a lawsuit over the death of a Model S passenger in a 2016 crash, marking the second time in two months it has avoided a jury trial in California over a fatal wreck.

May 28, 2024

Hess Investors Vote in Favor of $53 Billion Chevron Takeover

Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon Mobil Corp. over a key asset.

May 28, 2024

Industry-Led ZEV Infrastructure Group Sees Membership Rise

LAS VEGAS — Powering America’s Commercial Transportation finalized its initial membership cohort in recent days with 24 founding members.

May 28, 2024

Volvo to Begin Customer Hydrogen ICE Truck Tests in 2026

Volvo Group plans to begin testing trucks with hydrogen-powered internal combustion engines with customers in 2026 and launch commercial production toward the end of the decade.

May 28, 2024

Penske Forms EV Infrastructure Advisory JV With Mitsui Unit

LAS VEGAS — Penske Transportation Solutions and ForeFront Power are teaming up for an electric vehicle infrastructure advisory joint venture to be known as Penske Energy, the partners said May 21.

May 28, 2024

Energy Transfer to Buy Permian Operator WTG for $3.3 Billion

U.S. pipeline giant Energy Transfer LP has reached a deal to buy WTG Midstream through a deal valued at about $3.25 billion.

May 28, 2024

ZM to Bring Zero-Emission Work Trucks to North America

LAS VEGAS — ZM Trucks outlined its plans to enter the North American commercial vehicle market with a portfolio of battery-electric and hydrogen fuel cell electric trucks.

May 24, 2024

OPEC+ Expected to Extend Supply Cuts

OPEC+ will hold next month’s policy meeting online rather than in person, while several delegates said they expected the group to extend its current supply cuts into the second half of the year.

May 24, 2024