Mack Trucks announced the New York City Department of Sanitation plans to purchase seven Mack LR Electric refuse models, which will operate in each of the city’s boroughs.
June 30, 2021Search
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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.
FET on Heavy-Duty Trucks Deters Sales, ATD Says
Industry-led attempts to repeal the 12% federal excise tax on heavy-duty trucks, which also covers trailers more than 26,000 pounds, went — yet again — to Capitol Hill.
June 23, 2021Nikola Invests in Midwestern Hydrogen Plant
Zero-emission truck builder Nikola Corp. has invested $50 million in cash and stock in Wabash Valley Resources in exchange for a 20% equity interest in the clean hydrogen production project WVR is developing in West Terre Haute, Ind.
June 23, 2021First Production Model Peterbilt 220EV Goes to Alaska
Peterbilt Motors Co. announced the delivery of the first production Model 220EV to the Department of Solid Waste Services in Anchorage, Alaska. Ordered but not yet delivered was a Model 520EV truck.
June 21, 2021Volvo, Northvolt Join Forces on European EV Battery Factory
Volvo Car Group and Swedish battery maker Northvolt AB will jointly build an electric car battery factory in the latest move by European manufacturers to localize cell production in the region.
June 21, 2021Hyliion Set to Join Russell 3000 Index
Electrified powertrain company Hyliion Holdings Corp. announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.
June 18, 2021Bridgestone Invests in Kodiak Robotics
Bridgestone Americas announced it made a minority investment in self-driving truck technology company Kodiak Robotics Inc.
June 18, 2021Xos Forms Powertrain Division
Electric truck manufacturer Xos Inc. announced it established a new powertrain division called Powered by Xos.
June 18, 2021GM to Spend More on Electric Vehicles, Add Battery Plants
DETROIT — General Motors will raise its spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology.
June 16, 2021US to Seek Automated Braking Requirement for Heavy Trucks
The National Highway Traffic Safety Administration has announced plans “over the next year and beyond” to issue a new proposal that would set standards and require heavy trucks to be equipped with automatic emergency braking systems.
June 14, 2021