Fuel cell truck startup Hyzon Motors Inc. agreed to a merger with blank-check company Decarbonization Plus Acquisition Corp. in a deal that values the two combined at more than $2 billion.
February 9, 2021Search
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Daimler Restructuring ‘Dream Come True,’ Martin Daum Says
The head of Daimler’s global truck operation believes the upcoming restructuring into a separate company positions it to accelerate growth in terms of both innovation and financial opportunity.
February 8, 2021California Leads in Electric Vehicle Policies, Practices, Energy Nonprofit Says
California is by far the national leader in enabling the use of electric cars and medium- and heavy-duty electric trucks, according to a state-by-state evaluation of electric vehicle policies and practices compiled by a leading nonprofit energy efficiency group.
February 3, 2021Nikola Backer Luxor Invests in European Electric Truck Startup
Nikola Corp. backer Luxor Capital Group LP is investing in European electric truck startup Volta Trucks AB to help the company scale its manufacturing and expand into North America and Asia.
January 27, 2021Lightning eMotors Expands Manufacturing Footprint
Lightning eMotors, a provider of electric powertrains for a range of commercial vehicles, announced it is adding 107,000 square feet to the footprint of its headquarters in Loveland, Colo.
January 22, 2021Baker Hughes Sees Up to Four LNG Investment Decisions in 2021
Baker Hughes Co. expects as many as four liquefied natural gas projects globally to move to a final investment decision this year amid a global revival of the fuel after last year’s pandemic-induced collapse.
January 21, 2021NACFE Plans Run on Less-Electric Event in September
The North American Council for Freight Efficiency announced plans for Run on Less-Electric, a technology demonstration of a variety of battery-electric trucks in everyday operation.
January 14, 2021Diesel Forward Acquires Dipaco
Diesel Forward is expanding its diesel fuel systems services by increasing its repair parts offering with the acquisition of Dipaco.
January 14, 2021Sherri Baker Joins Hyliion as Chief Financial Officer
Hyliion Holdings Corp., a provider of electrified powertrain solutions for heavy-duty vehicles, announced Sherri Baker will join the company as chief financial officer.
January 12, 2021Nikola Loses Electric Truck Order From Republic Services
Nikola Corp. lost an order to supply sanitation heavyweight Republic Services Inc. with 2,500 battery-electric garbage trucks, the latest setback for the troubled startup.
December 23, 2020