NEW YORK — Exxon Mobil reported $5.48 billion in net income during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with the same quarter last year.
April 29, 2022Search
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Nikola Sees Energy Transition in Arizona Desert
COOLIDGE, Ariz. — Several customers’ recently completed Nikola Tre Class 8 battery-electric trucks sat ready for delivery inside Nikola Corp.’s new assembly plant, a scene described by company executives as a watershed moment since the white cabover BEVs will generate 7-year-old Nikola’s first-ever quarterly revenue.
April 28, 2022Ford Eyes EV Market Leadership With Launch of F-150 Lightning
Ford Motor Co. is officially planting its flag with the launch of an all-electric version of America’s best-selling pickup truck, aiming to overtake Tesla Inc. and lead the electric vehicle market.
April 27, 2022The Big EV Charging Mystery: How Long Does It Take?
How long does it take to “fill up” an electric car? Well, that depends on the car … and the charger … and how many other cars are plugged into the charger … and how full the battery is to begin with … and, oh yeah, the weather matters, too.
April 27, 2022US Senate Transportation Leader Touts Biden Emissions Program
The leader of the transportation policy committee in the U.S. Senate endorsed the Biden administration’s latest initiative to curb emissions through a comprehensive funding program.
April 26, 2022Volvo Group Reports Higher Revenue, Record Q1 Deliveries
Volvo Group reported first-quarter net income slipped and revenue increased amid what the company referred to as good economic activity, high transport volumes and solid construction activity while order backlogs are extended and lead times long.
April 22, 2022Tesla Q1 Earnings 7 Times More Than Year Ago
DETROIT — Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.
April 20, 2022Foes Blast Rivian EV Plant at Georgia Meeting
MONROE, Ga. — Opponents trying to derail a $5 billion, 7,500-job Rivian electric truck plant in Georgia dominated a state meeting April 18 that was meant to gather suggestions on how to design the plant to mitigate any impact on the environment.
April 20, 2022Walmart Will Run Forklifts on ‘Green’ Hydrogen in Plug Power Deal
Plug Power Inc.’s bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company’s oldest customers: Walmart Inc.
April 19, 2022Trucking Stakeholders Offer Advice, Caution on EPA Proposal
The trucking industry urged federal regulators to consider how a proposal to tighten emissions limits on engines will affect motor carriers, as they’re the ones who will ultimately deploy the equipment subject to the new rules.
April 15, 2022