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Tesla Deliveries Rise to Record After Slashing EV Prices

Tesla increased vehicle deliveries by a slim margin despite slashing prices across its lineup, casting doubt on the staying power of the increase in demand that Elon Musk has described.

April 3, 2023

Nikola Announces Secondary Stock Offering

Nikola Corp. plans to raise $100 million from a secondary stock offering to the public at $1.12 per share, the company announced March 30.

March 31, 2023

Iowa Gov. Kim Reynolds Signs Law Expanding CDL Testing

Iowa is making it easier for people to enter trucking careers with a new law expanding third-party testers for commercial driver licenses.

March 31, 2023

Many Electric Vehicles to Lose Big Tax Credit With New Rules

WASHINGTON — Fewer new electric vehicles will qualify for a full $7,500 federal tax credit later this year under rules proposed March 31 by the U.S. Treasury Department.

March 31, 2023

Tesla Pursues US Battery Plant With China’s CATL

Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric vehicle battery manufacturer.

March 30, 2023

February Used Class 8 Sales Down 20% Year-Over-Year

Used Class 8 truck sales in February decreased 19.6% year-over-year to 17,600 units from 21,900 units, ACT Research reported.

March 30, 2023

How a Georgia Plant Helps Solve a Huge EV Supply Chain Kink

COVINGTON, Ga. — Ascend Elements takes spent lithium-ion batteries and scrap from EV battery makers and grinds them to dust, salvaging minerals for reuse in new EV power sources.

March 30, 2023

How Government Incentives Drive Electric Truck Adoption

President Joe Biden has made proliferation of electric vehicles a focus of his administration, with the commercial transportation industry playing a key role.

March 29, 2023

Nikola Could Score $1 Million a Day in Hydrogen Incentives

If electric vehicle company Nikola can get its hydrogen fuel cell trucks and filling station network operable, the company could pull in hundreds of millions a year from federal incentives.

March 29, 2023

Electric Truck Market Considers Infrastructure Reality

Electric truck market growth is poised to accelerate even as infrastructure constraints hinder that trajectory, according to experts.

March 29, 2023