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Navistar Unveils EV-Related Next Experience Trailer

Navistar Inc. announced it unveiled its Next Experience Trailer to provide industry stakeholders the opportunity to learn more about the process and benefits of electric vehicle adoption.

March 2, 2022

WTI Tops $103 as Supply Fears Persist

Oil extended gains after the close as a decision by the U.S. and other major economies to release emergency stockpiles failed to ease concerns of a major shortfall in supplies as sanctions mount on Russia.

March 1, 2022

Nations Agree to Release 60 Million Barrels of Oil

FRANKFURT, Germany — The International Energy Agency’s 31 member countries agreed March 1 to release 60 million barrels of oil from their strategic reserves — half of that from the United States — “to send a strong message to oil markets” that supplies won’t fall short after the Russian invasion of Ukraine.

March 1, 2022

Workhorse to Retire Troubled Flagship Electric Delivery Van

Workhorse Group Inc. plans to kill its flagship electric delivery van after a recall last year, turning instead to two new models after what its CEO called a “costly misstep.”

March 1, 2022

Lucid Sinks After Cutting Production Goal on Commodity Woes

Lucid Group Inc. slumped after lowering its production target for this year to between 12,000 and 14,000 cars, down from a previous goal of 20,000, citing “extraordinary” challenges with logistics and its supply chain.

March 1, 2022

Waymo, Cruise Set Pace in Electrifying Autonomous Vehicles

Autonomous vehicles are mostly electric so far. That’s one of the main conclusions of BloombergNEF’s just-published annual report analyzing the state of AV testing programs in the U.S. and China.

March 1, 2022

Shell to Pull Out of Energy Investments in Russia

LONDON — Global oil and gas giant Shell said Feb. 28 that it is pulling out of Russia as President Vladimir Putin’s invasion of Ukraine continues to cost the country’s all-important energy industry foreign investment and expertise.

February 28, 2022

Diesel Rises 4.9¢ to $4.104 a Gallon

The national average price of diesel surged 4.9 cents to $4.104 a gallon, according to the Energy Information Administration’s latest survey, released Feb. 28

February 28, 2022

Hyliion Receives Order for 50 Hypertruck ERX Powertrains

Hyliion Holdings Corp. announced private fleet GreenPath Logistics ordered 50 Hyliion Hypertruck ERX powertrains.

February 28, 2022