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, 2021Search
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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, 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, 2021Commercial 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, 2021Biden 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