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Hyzon SPAC Merger Includes $400 Million Investment

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, 2021

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, 2021

California 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, 2021

Nikola 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, 2021

Lightning 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, 2021

Baker 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, 2021

NACFE 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, 2021

Diesel 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, 2021

Sherri 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, 2021

Nikola 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