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Tesla Split Will Struggle to Feed $280 Billion Rally

After a $280 billion rally since late May, Tesla Inc. is using a trusted method for fueling further gains — a stock split. It may not pan out like that.

August 25, 2022

Stakeholders See Opportunity in IRA Clean Truck Measures

Trucking stakeholders see early potential for the industry in clean-air provisions included in the Inflation Reduction Act — mostly as it relates to boosting adoption of zero-emission trucks — but success hinges on how those aspects of the law are ultimately implemented.

August 25, 2022

Arrival Set Out to Beat Google, Got Stuck at the Starting Line

When Arrival, the primarily U.K.-based electric van and bus maker, was preparing to go public via a blank-check deal early last year, its ambition seemingly knew no bounds.

August 25, 2022

California Moves Toward Phasing Out New Gas-Fueled Vehicles

SACRAMENTO, Calif. — California plans to require all new cars, trucks and SUVs to run on electricity or hydrogen by 2035 under a policy approved Aug. 25 by regulators that seeks a dramatic cut in carbon emissions and an eventual end to gasoline-powered vehicles.

August 25, 2022

Canada, Germany Aim to Start Hydrogen Shipments in 2025

STEPHENVILLE, Newfoundland — The leaders of Germany and Canada said Aug. 23 a new hydrogen pact will kick-start a transatlantic hydrogen supply chain, with the first deliveries expected in just three years.

August 24, 2022

Toyota Backs Down in Fight Against California Emission Rules

Toyota Motor Corp. agreed to recognize California’s authority to set its own auto emission standards, ending a standoff stretching back to the Trump administration.

August 23, 2022

Inflation Reduction Act Offers Incentives to Increase Electric Truck Adoptions

For those motor carriers seeking to begin or continue their fleet conversions to electric trucks, new federal legislation will offer significant financial assistance.

August 23, 2022

Polestar to Share Battery Tech With Boat Maker

Electric carmaker Polestar Automotive Holding has agreed to share battery technology with Candela Speed Boat AB, a startup trying to electrify leisure boats and water taxis.

August 23, 2022

Gas Prices Fall for 70 Straight Days

Gasoline prices in the U.S. have fallen for 70 days straight, the longest down streak since January 2015.

August 23, 2022

Regional Variance Produces Tiny Drop in Diesel’s National Average

The price of diesel may be showing signs of leveling off after falling again for the ninth consecutive week, but by just two-tenths of a cent, thanks to noticeable regional disparities.

August 22, 2022