Nikola Corp. backer Luxor Capital Group LP is investing in European electric truck startup Volta Trucks AB to help the company scale its manufacturing and expand into North America and Asia.
January 27, 2021Fuel 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.
Nikola Backer Luxor Invests in European Electric Truck Startup
Navistar, GM Cooperate on Fuel Cell System for Class 8 in 2024
Navistar Inc. announced it intends to produce a zero-emission longhaul truck using fuel cell systems supplied by General Motors and will have an International RH Series FCEV model commercially available in 2024.
January 27, 2021Biden to Require Electric Trucks at USPS, Federal Agencies
President Joe Biden is preparing an executive order to marshal the federal government’s purchasing power by requiring that federal agencies — including the U.S. Postal Service — buy clean vehicles and renewable power, according to three people familiar with the matter, though the timing of the announcement isn’t clear.
January 26, 2021U.S. Xpress Latest to Invest in TuSimple
U.S. Xpress Enterprises Inc. announced it made a “significant†investment in autonomous trucking company TuSimple and that CEO Eric Fuller was named to TuSimple’s executive advisory board.
January 26, 2021Biden to Pause Oil Drilling on Public Lands
WASHINGTON — President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on U.S. lands, as his administration moves quickly to reverse Trump administration policies on energy and the environment and address climate change.
January 26, 2021EV Charging Firm FreeWire Closes $50 Million Funding Round
FreeWire Technologies Inc., an electric vehicle charging and power startup, has raised $50 million in a Series C funding round.
January 26, 2021Diesel Up 2¢ in 12th Consecutive Increase
The Energy Information Administration reported Jan. 25 the national average price of diesel rose by two cents to $2.716 a gallon.
January 25, 2021DTNA, SoCal Edison, Schneider Cooperate on Electric Truck Expansion
Daimler Trucks North America announced Southern California Edison, the primary electricity supply company for much of Southern California, used a Freightliner eCascadia from DTNA to deliver an electrical transformer to a Schneider terminal in Los Angeles.
January 25, 2021Elon Musk’s SpaceX Plans to Drill for Natural Gas Near Texas Launchpad
Elon Musk recently moved to Texas, where he launches some of his rockets and is building a battery factory. Now, for good measure, he plans to drill for natural gas in the state.
January 22, 2021SPAC Boom Propels EV Makers to Public Markets
Until June last year, Tesla Inc. was the only dedicated electric carmaker based in the U.S. on the stock market. Then special purpose acquisition companies took over Wall Street.
January 22, 2021Follow Us
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