Nikola’s bid to issue more shares and obtain enough funding needed for its Class 8 hydrogen fuel cell truck ambitions is on hold for another month, it said June 7.
June 8, 2023Search
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EV Sales Are Soaring as Oil Use Is About to Peak
The share of electric vehicles in sales of new passenger vehicles is set to more than double globally in the next few years — to 30% in 2026.
June 8, 2023Ascend Makes Deal With Carmaker on Cathode Plant in Kentucky
Ascend Elements said it has reached a billion-dollar deal with an unnamed automaker to reprocess old batteries into cathode material, at a plant it is building in Hopkinsville, Ky.
June 7, 2023Stellantis’ Goal: Become No. 1 in Light Commercial Vehicles
The maker of Ram, Jeep, Dodge and Chrysler vehicles has set its sights on becoming the world’s top light-commercial vehicle company, but it’s going to face some major obstacles, experts say.
June 6, 2023Nebraska Soybean Farmers Extol Biodiesel Benefits
A trucking campaign promoting biodiesel fuel to easily lower carbon emissions by the state soybean farmers has been such a success in raising awareness it may be repeated.
June 6, 2023Stellantis Weighs Offer From Canada to Save Battery Plant
Stellantis NV and LG Energy Solution Ltd. are reviewing an offer from the Canadian and Ontario governments to salvage an electric vehicle battery plant in Windsor, across from Detroit.
June 6, 2023Cummins Showcases Emergency Truck Powered by Hydrogen
WASHINGTON — Accelera by Cummins on June 5 showcased a hydrogen-powered emergency vehicle that advances technologies applicable to the commercial trucking industry.
June 6, 2023New York Thruway Plazas Revamped With Truck Drivers in Mind
Trying to make life on the road easier for truckers is part of the New York State Thruway Authority’s ongoing $450 million project to modernize its aging 27 service areas through 2025.
June 5, 2023Diesel Price Falls Below $3.80
Diesel prices fell by a nationwide average of 5.8 cents to $3.797 a gallon, according to Energy Information Administration data released June 5.
June 5, 2023Kentucky Pauses Incentives for Microvast Over China Concerns
NASHVILLE, Tenn. — Kentucky officials say they are pausing $21 million in economic incentives to Microvast for a proposed electric vehicle battery facility.
June 5, 2023