Ford Motor Co.’s new Maverick tiny truck is nearly sold out for the 2022 model year in its standard setup with a gas-electric hybrid propulsion system.
October 21, 2021Business, Technology, Fuel
Ford’s Maverick Hybrid Pickup Truck Nearly Sold Out for 2022 Model Year
Business, Technology, Fuel, Autonomous
Tesla Hits Record Profit Despite Parts Shortage
DETROIT — Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.
October 20, 2021Business, Technology, Fuel, Autonomous, TCA
Seemingly an Odd Couple, Tesla and Texas Becoming Tightly Intertwined
It seems like an unlikely marriage: Tesla, the world’s biggest electric automaker, moving its headquarters to Texas — where the oil and gas industry is etched in the state’s DNA and where, unless something changes, Tesla isn’t even allowed to sell its vehicles directly to customers.
October 20, 2021Government, Business, Safety, Fuel
Baker Hughes Joins Halliburton in Ida-Fueled Oil Services Hit
Another disappointment to jolt the oil services sector: Baker Hughes Co. reported a third-quarter earnings stumble that included pain from Hurricane Ida and a warning of hampered growth for oil demand.
October 20, 2021Government, Technology, Fuel
The Economic and Environmental Benefits of The STEER Act
Program Aired: October 19, 2021. The STEER Act, a new bill introduced by Rodney Davis, will catalyze adoption of active emissions-reducing technologies by the trucking industry, the 3rd largest emitter of carbon dioxide in the US. Its initiatives will help the US continue to lead in cutting greenhouse gas emissions and put money in truckers’ pockets.
October 19, 2021Government, Fuel
Diesel Spikes 8.5¢ to $3.671 a Gallon
The national average price of diesel continued to surge, spiking 8.5 cents to $3.671 a gallon, according to Energy Information Administration data released Oct. 18.
October 18, 2021Business, Technology, Fuel
Tesla Shares Are Roaring Back
Tesla Inc. shares are staging a comeback as investors expect the Elon Musk-led electric carmaker to navigate the crippling semiconductor shortage better than rivals that have been severely disrupted.
October 18, 2021Business, Technology, Fuel
Foxconn Announces Electric Car Venture
TAIPEI, Taiwan — The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Oct. 18 to produce electric cars for auto brands under a similar contract model.
October 18, 2021Business, Technology, Fuel
Ford to Make Electric Power Units in England
LONDON — Ford Motor Co. plans to spend up to $315 million to turn a transmission factory in northwest England into a plant that will make electric power units for cars and trucks sold throughout Europe.
October 18, 2021Business, Technology, Fuel
Toyota to Build $1.29 Billion US Battery Plant
DETROIT — Toyota plans to build a $1.29 billion factory in the U.S. to manufacture batteries for gas-electric hybrid and fully electric vehicles.
October 18, 2021