Truck maker Nikola agreed to sell its Phoenix Hydrogen Hub project to partner Fortescue Future Industries for $24 million, the companies said.
July 21, 2023Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Leasing Offers Pathway for Fleets Interested in EVs
Fleets that want to test the waters with electric vehicles or other technology don’t have to do it themselves or even use their own trucks. Leasing companies are providing that opportunity.
July 24, 2023Volvo Signs Fuel System JV Deal With Canada’s Westport
Truck manufacturer Volvo Group is set to establish a high-pressure gas-injection fuel system joint venture with Westport Fuel Systems.
July 21, 2023California Bill Would Keep Drivers in Autonomous Cabs
California state legislators are moving closer to a final vote on a bill that would for roughly six years require drivers to be in the cab at all times for autonomous trucks.
July 20, 202325 States Send EPA a Letter Opposing Emissions Proposal
Kentucky and West Virginia are leading a 25-state coalition in challenging emissions regulations proposed by the Biden administration.
July 20, 2023Rivian to Open Chicago Showroom in September
Nearly two years after launching production of its electric pickup trucks and SUVs in Normal, Ill., Rivian is planning to open its first showroom in Chicago.
July 20, 2023Trucking Takes Steps Toward Hydrogen Technology
Truck makers and suppliers are taking steps toward developing hydrogen combustion engines on the path to a zero-emission future.
July 20, 2023Tesla Income Jumps 20% to $2.7 Billion
SAN FRANCISCO — Elon Musk’s big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results.Â
July 20, 2023Michigan Plans Fast-Charging EV Hub for Trucks on I-96
Michigan is joining California and other states in reimagining tomorrow’s truck stops, moving forward with the development of a high-speed charging hub for freight vehicles.
July 19, 2023High Cost of Hydrogen Remains a Drag on Adoption
If hydrogen fuel cell technology is going to become a desired and viable electric vehicle power source, the cost will have to come down.
July 18, 2023