Hyliion Holdings Corp. reported a fourth-quarter net loss and modest first-time revenue as its work on providing electrified powertrains for Class 8 trucks continued.
February 24, 2022Business, Technology, Fuel
Hyliion Posts First-Ever Revenue in Q4
Government, Business, Technology, Safety, Fuel, Autonomous
TMC to Tackle Electrification in First Annual Meeting Since 2020
American Trucking Associations’ Technology & Maintenance Council plans to focus its annual meeting on electrifying performance in maintenance management.
February 24, 2022Business, Technology, Fuel
Nikola Projects Delivering 300 to 500 Electric Trucks This Year
Nikola Corp. said it will start full-scale output of battery-electric trucks next month and deliver between 300 and 500 of the big rigs to customers this year. Its shares rose despite a slump in the broader market.
February 24, 2022Government, Business, Technology, Safety
3G Sunset Taking Some Devices Offline
Cellular service providers are shutting down their 3G networks this year, a shift that could impact legacy wireless systems that some fleets are still using, experts said.
February 24, 2022Business, Technology, Equipment
Volvo Group Invests $41 Million in North Carolina
The Volvo Group announced a $41 million investment in North Carolina’s Piedmont Triad region to purchase and expand the building housing its U.S. Uptime Center, which will now also serve as the global headquarters for Volvo Financial Services (VFS).
February 24, 2022Government, Business, Technology, Safety, Autonomous
Spartan, Uhnder Partner to Offer Next-Gen Radar Tech for Automated Trucks
Sensor technology suppliers Spartan Radar and Uhnder Inc. have formed a partnership to develop improved sensing capabilities for advanced driver-assistance systems and autonomous driving technology for commercial trucks.
February 24, 2022Government, Business, Technology, Safety
Safety Practices Can Offset Rising Insurance Rates, ATRI Study Says
Motor carriers can offset the rising cost of insurance premiums by continuously improving their overall safety practices and expanding use of smart technology, a new report said.
February 23, 2022Business, Technology, Equipment
Dana Reports Mixed Q4 Results
Dana Inc. reported mixed results in the fourth quarter as net income fell and revenue moved higher as the disrupted supply chain continued to hamper operations, and heavy-duty truck demand rose.
February 23, 2022Government, Business, Technology, Fuel
Biden Wants to Cut Into China’s Electric Battery Dominance
SACRAMENTO, Calif. — President Joe Biden highlighted his efforts to counter China’s dominance of the electric battery market on Feb. 22 as he touted domestic efforts to mine and process lithium and rare metals necessary to create the technology that powers cars, electronics, wind turbines and more.
February 23, 2022Government, Business, Technology, Autonomous
TuSimple Agrees to US Oversight, Concluding Probe
Trucking startup TuSimple Holdings Inc. reached an agreement with U.S. authorities to resolve security concerns around its self-driving truck operations and the company’s ties with China.
February 23, 2022