Nikola Corp. founder Trevor Milton wasn’t truthful when he claimed his company was responsible for most of the components in a planned pickup truck General Motors Co. was to build for the electric vehicle maker, a GM engineer testified.
September 22, 2022BusinessFuel
Amtrak Aims for Net-Zero Greenhouse Gas Emissions by 2045
Amtrak plans to achieve net-zero greenhouse gas emissions across the network by 2045, the rail company announced Sept. 22, marking the latest move to address its commitment to reduce carbon footprints.
September 22, 2022GovernmentBusinessTechnologyEquipmentFuelTCA
California Seeks to Ban Sales of Diesel Big Rigs by 2040
Saying they had a “moral obligation,” California regulators could soon ban the sale of diesel big rigs by 2040.
September 22, 2022BusinessFuel
Circle K Owner Goes on Food Marketing Push
Circle K parent Alimentation Couche-Tard Inc. only gets about half of its gross profit from fuel. That has CEO Brian Hannasch thinking about how to kickstart the company’s fresh food business, which represents just 11% of sales in its 9,000 North American stores.
September 21, 2022BusinessFuel
Gasoline’s 98-Day Slide Ends With Modest Price Hike
Retail gasoline prices in the U.S. have posted their first increase — albeit very modestly — after a 98-day streak of declines, suggesting consumers won’t get much more relief at the pump. Prices now stand at $3.681 a gallon, according to auto club AAA.
September 21, 2022BusinessTechnologyEquipmentFuelTCA
Hertz to Order Up to 175,000 EVs From GM
The Hertz Corp. is planning to order up to 175,000 electric vehicles from General Motors Co. over the next five years for its rental fleet, the companies said Sept. 20.
September 21, 2022BusinessTechnologyEquipmentFuel
Cummins Showcases Fuel Cell, Engine Innovations
HANOVER, Germany — Cummins CEO Jennifer Rumsey detailed a two-part strategy the company is following to achieve net-zero emissions from its product line built around zero-emission technologies and innovations to improve the performance of internal combustion engines.
September 20, 2022GovernmentBusinessFuel
Nikola Execs Threatened to Quit If Trevor Milton Didn’t Step Down
Three top Nikola Corp. executives threatened to resign in 2020 if the electric vehicle maker’s founder, Trevor Milton, didn’t step down as executive chairman, according to a filing in the federal fraud case against him.
September 20, 2022GovernmentBusinessTechnologyEquipmentSafetyFuel
Fisker, Wallbox Partner on EV Charging Stations
Electric vehicle maker Fisker Inc. on Sept. 20 named electric vehicle and energy management solutions provider Wallbox its global partner for home EV charging solutions.
September 20, 2022BusinessTechnologyEquipmentFuelAutonomous
Daum Stresses Green Technology, Collaboration
HANOVER, Germany — Daimler Truck CEO Martin Daum said his company is pursuing a clean-energy strategy built around electric and fuel cell technology, setting aside natural gas as a component of the plan.
September 20, 2022