Honda Motor Co. long eschewed big strategic alliances, preferring to go it alone even as many of its carmaking peers banded to improve economies of scale. That strategy is changing now that the Japanese automaker is shifting more aggressively to electric vehicles.
July 20, 2021GovernmentFuel
Diesel Rises 0.6¢ to $3.344 a Gallon
The national average price of diesel increased six-tenths of a cent to $3.344 a gallon, the second rise of less than a penny in as many weeks, according to Energy Information Administration data released July 19.
July 19, 2021BusinessFuel
Oil Futures Fall 7.5%, Largest Decline Since September
Oil was the biggest loser in a broad market selloff after OPEC+ agreed to boost crude supply as a resurgent virus shook investor confidence in the global economic recovery.
July 19, 2021GovernmentBusinessTechnologyFuelTCA
Indiana Gives Utilities $5.5 Million to Build EV Charging Network
If you build it, they will come. At least that’s what the state of Indiana and its utilities are hoping for when it comes to charging stations and electric vehicles.
July 19, 2021BusinessTechnologyFuel
Chevron, Cummins Look to Partner on Hydrogen
Chevron U.S.A. Inc., through its Chevron Products Co. division, and Cummins Inc. announced a memorandum of understanding to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources.
July 19, 2021BusinessTechnologyEquipmentFuel
GM Announces Ultium Charge 360
General Motors announced its Ultium Charge 360 fleet-charging service, a comprehensive approach designed to help make the switch to electric seamless for fleet customers by connecting them with services, features and resources.
July 19, 2021BusinessTechnologyEquipmentFuel
Sunbelt Rentals Orders Peterbilt’s 579EV Class 8 Model
Peterbilt Motors Co. announced an order from Sunbelt Rentals for five of its heavy-duty battery-electric Model 579EVs intended to deliver rental machinery.
July 16, 2021GovernmentFuel
States’ Road Usage Charge Programs May Offer Model for Federal System, Experts Say
Road usage charge initiatives at the state level can offer models for a federal program, which should be formulated sooner rather than later, according to experts gathered at a transportation funding event.
July 14, 2021BusinessTechnologyEquipmentFuel
UK Vows to End Sales of New Petrol, Diesel Heavy Vehicles by 2040
The U.K. will end the sale of all new diesel and petrol heavy goods vehicles by 2040 and ultimately decarbonize all modes of domestic transport by 2050, under government plans.
July 14, 2021GovernmentBusinessFuel
Oil Tops $75 a Barrel, Hitting 33-Month High
Oil rose to the highest price in more than 2 1/2 years as prospects of an imminent flood of crude exports from Iran and other major producers waned while the International Energy Agency warned of a deepening supply crunch.
July 13, 2021