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Nikola 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, 2021

First 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, 2021

Volvo, 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, 2021

Hyliion 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, 2021

Bridgestone Invests in Kodiak Robotics

Bridgestone Americas announced it made a minority investment in self-driving truck technology company Kodiak Robotics Inc.

June 18, 2021

Xos Forms Powertrain Division

Electric truck manufacturer Xos Inc. announced it established a new powertrain division called Powered by Xos.

June 18, 2021

GM 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, 2021

US 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

Commercial Classes 3-8 Trucks Cutting GHG Emissions

Some 49% of all Classes 3-8 commercial vehicles, or nearly 5.5 million trucks, are using advanced diesel engine technology to reduce greenhouse gas emissions, according to a new study.

June 9, 2021

Biden Will Need More Than $52 Billion for Chip Effort, Analysts Say

President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and pre-empt a rival effort from China.

June 9, 2021