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Phillips 66 is maximizing diesel production to take advantage of strong demand and would consider investing in projects that give its refineries the flexibility to make more of the fuel.

Optimism is growing at truck maker Paccar about order levels and demand for new tractors in the second half of 2025 and in 2026, said CEO Preston Feight.

The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter.

The depot will include at least eight trailer-enabled fast-charge stalls for Class 8 trucks, alongside chargers for medium- and light-duty vehicles, with 24/7 access.

The reductions were handed down on July 18 and take effect Sept. 26, according to a filing with the Texas Workforce Commission on July 23.

With federal incentives meant to encourage EV sales set to disappear later this year, things are likely to get even more challenging in the coming months.

The number of new Tesla vehicles registered in California fell once again as the company continued to lose ground in the largest U.S. market for electric vehicles. 

Hybrid-electric trucks offer a middle ground at lower cost and with less range anxiety than fully electric models.

ConocoPhillips is in advanced talks to sell some of its Oklahoma assets to closely held Flywheel Energy for around $1.3 billion, people familiar with the matter said.

California-based carrier Nevoya raised $9.3 million in seed financing to bolster its expansion plans, the company said July 22.