Fuel News

About Fuel News...

Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.

BusinessFuel

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, 2022
BusinessTechnologyEquipmentFuelTCA

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, 2022
BusinessTechnologyEquipmentFuel

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, 2022
GovernmentBusinessFuel

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, 2022
GovernmentBusinessTechnologyEquipmentSafetyFuel

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, 2022
BusinessTechnologyEquipmentFuelAutonomous

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
BusinessTechnologyEquipmentFuelAutonomous

Batteries Battle Fuel Cells for Top Spot for Electric Trucks

Nikola President Michael Lohscheller was beaming when he unveiled the U.S. startup’s fuel cell truck for the European market at the region’s biggest commercial vehicle show this week.

September 20, 2022
GovernmentBusinessFuel

Winter in Europe Looms as Next Challenge for Energy Availability

CHICAGO — Two former White House officials say the world’s supply chain has experienced unprecedented disruption the last 2½ years because of the COVID-19 pandemic.

September 19, 2022
GovernmentFuel

Diesel Drops Below $5 at $4.964 a Gallon

The national average price of diesel slid 6.9 cents to $4.964 a gallon in its third straight decline, according to Energy Information Administration data released Sept. 19.

September 19, 2022
GovernmentBusinessTechnologyFuel

Nikola CEO Mark Russell Says Trevor Milton Was Prone to Exaggerate

Nikola Corp.’s chief executive officer told a jury he learned only after joining the company that its debut electric truck had neither a gas-powered turbine nor a fuel cell when founder Trevor Milton unveiled it.

September 19, 2022