The U.S. Postal Service currently plans for only 10% of its new truck fleet to be electric, Postmaster General Louis DeJoy said Feb. 24, angering environmentalists who say the move flies in the face of a White House executive order to electrify the government’s vehicles.
February 25, 2021Search
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Daimler Truck Eyes Profit Rebound, Electric Rig in Spinoff Year
Daimler AG’s truck unit will focus on restoring earnings this year and start producing an electric big rig as it gets ready to separate from the larger Mercedes-Benz luxury-car division after more than a century.
February 25, 2021Ford CEO Farley Calls for Battery Production in US
Ford Motor Co. CEO Jim Farley said the U.S. must begin building batteries for the coming wave of electric vehicles in order to avoid supply disruptions like the semiconductor shortage now shutting American auto factories.
February 24, 2021Biggest Electric School Bus Deal in US Approved in Maryland
A school system outside Washington is poised to become the nation’s biggest operator of electric school buses.
February 24, 2021Tesla Shares Rally in Premarket Trading on ‘Buy the Dip’ Bounce
Shares in Tesla Inc. gained in U.S. premarket trading, indicating that investors are buying the dip following a four-day drop that erased the electric carmaker’s year-to-date gains.
February 24, 2021Workhorse Passed Over as Oshkosh Wins USPS EV Contract
Electric-vehicle maker Workhorse Group Inc. plunged on Feb. 23, triggering multiple trading halts, after a key U.S. Postal Service contract that some had expected it to win went to rival Oshkosh Corp. instead.
February 24, 2021Tesla Stock Wipes Out Gains for the Year
Tesla Inc. shares wiped out their year-to-date gains Feb. 23 and briefly traded below the level where they were when the electric carmaker entered the S&P 500 Index in December.
February 23, 2021Nikola Two Truck Will Run 900 Miles on Tank of Hydrogen, Company Says
Nikola Corp. announced updates on its zero-emission hydrogen fuel-cell electric commercial truck program as the company vied for attention beside other truck makers in an increasingly crowded space it helped create in 2016 with its introductory announcement.
February 23, 2021EPA Changes Stand, Sides With Ethanol Industry on Biofuels
DES MOINES, Iowa — The federal government announced Feb. 22 that it will support the ethanol industry in a lawsuit over biofuel waivers granted to oil refineries under President Donald Trump’s administration.
February 23, 2021Tonnage Dips 2.1% Year-Over-Year in January
January truck tonnage fell 2.1% compared with year-ago levels, but ticked up 1.4% over December 2020 — a continuation of several months’ worth of sequential gains, American Trucking Associations announced.
February 23, 2021