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, 2021Search
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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, 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, 2021In Reversal, Lordstown Motors Says It Has No Firm Truck Orders
TOLEDO, Ohio — Struggling electric truck maker Lordstown Motors said June 17 it doesn’t have any firm orders for its vehicles, just days after its president said the company had enough to maintain production through 2022.
June 18, 2021Ford Acquires Battery-Management Startup to Charge EV Fleets
Ford Motor Co. has acquired a startup that specializes in managing charging networks for commercial electric vehicles, a business the automaker hopes could generate as much as $1 billion in revenue by 2030.
June 17, 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, 2021Lordstown Motors Jumps on Forecast for 11 Months of Cash on Hand
Lordstown Motors Corp. jumped after saying it has enough money to make its battery-powered trucks through May of next year, paring a record decline the previous day following the departure of two top executives.
June 15, 2021John Kerry: Carbon Capture ‘Key Tool’ to Curb Factory Emissions
Carbon capture is emerging as a key strategy for curbing greenhouse-gas emissions from heavy industry, according to U.S. climate envoy John Kerry.
June 15, 2021GM, Wabtec Agree to Make Electric and Hydrogen-Powered Trains
General Motors Co. and Wabtec Corp. have signed a nonbinding agreement to build locomotive engines using the automaker’s Ultium electric battery and its Hydrotec hydrogen fuel-cell system, the companies said June 15.
June 15, 2021Lordstown Motors’ Rough Road Continues as CEO, CFO Depart
The top two executives at Lordstown Motors have resigned from the Ohio electric truck startup as problems at the company continue to mount.
June 14, 2021