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, 2021Search
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$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, 2021DOE Provides $128 Million for Electrified Truck Development
The Department of Energy's Office of Energy Efficiency and Renewable Energy is providing funding to five original equipment manufacturers as part of its SuperTruck 3 initiative.
November 5, 2021TravelCenters of America Posts Higher Net Income, Revenue in Q3
TravelCenters of America Inc. saw net income and revenue climb in the third quarter amid strength in nearly all business lines.
November 2, 2021Cummins Posts Q3 Income, Revenue Gains
Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.
November 2, 2021Where Trucking Stands on Environmental Sustainability
NASHVILLE, Tenn. — Sustainability in the trucking industry can be viewed from different angles, according to a panel at American Trucking Associations’ Management Conference & Exhibition on Oct. 25.
October 27, 2021Rivian Sees Deeper Loss on Higher Production Costs for Debut EV
Rivian Automotive Inc., the Amazon.com Inc.-backed electric-pickup maker that is seeking to go public, expects to record a quarterly net loss of up to $1.28 billion due to costs associated with the start of production of its debut truck.
October 25, 2021Volvo Trucks Outlines Next Steps Toward Carbon-Free Transport Vision
NASHVILLE, Tenn. — Volvo Trucks is ramping up sales and deliveries of battery-electric trucks while also reducing carbon emissions within its own facilities and supply chain in North America as part of its global efforts to improve environmental sustainability.
October 24, 2021Specialty Trucks, Medium-Duty Poised to Propel EV Growth, Experts Say
NASHVILLE, Tenn. — There are a variety of specialty and medium-duty applications that can propel deployment of electric trucks in commercial settings, experts said during an Oct. 24 panel discussion at American Trucking Associations’ Management Conference & Exhibition.
October 24, 2021Charging Infrastructure Key Factor for Electric Truck Deployments
NASHVILLE, Tenn. — As trucking fleets test and deploy their first electric-powered commercial trucks, they will need to navigate a learning curve that extends far beyond the vehicle itself.
October 24, 2021