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Colonial Pipeline’s Silence Has Energy Traders Nervous

Traders and shippers are increasingly nervous about the possibility of a shortage of fuel in the eastern U.S. two days after the shutdown of a major pipeline following a cyberattack.

May 9, 2021

Experts Say Cyberattack on Pipeline Is a Wake-Up Call

NEW YORK — The shutdown of a vital U.S. pipeline because of a ransomware attack stretched into a third day May 9, with the Biden administration saying an “all-hands-on-deck” effort is underway to restore operations and avoid disruptions in gasoline supply.

May 9, 2021

Lion to Locate Largest EV Plant in Illinois

The Lion Electric Co., a manufacturer of all-electric medium- and heavy-duty urban vehicles, announced it selected Joliet, Ill., for the construction of its U.S. manufacturing facility, with building to ramp up in the second half of this year.

May 7, 2021

Tesla Engineer Says Musk Overstated Tesla Autopilot Capability

One of Tesla Inc.’s engineers told California authorities that CEO Elon Musk overstated the capability of Autopilot, the company’s driver-assistance system, early this year.

May 7, 2021

Nikola Misses Estimates, Details Additional SEC Inquiry

Nikola Corp. posted a narrower-than-expected loss for its latest quarter as the troubled electric-vehicle startup ramped up testing of its debut battery-electric Class 8 trucks and said securities regulators investigating the company issued an additional subpoena in March.

May 7, 2021

House Democrats Support Electric Vehicle Policies, Rep. Pallone Says

House Democrats are aiming to advance legislation pertaining to electric vehicles as the White House and congressional leaders debate infrastructure policy measures this year.

May 6, 2021

Biden Pushes for His Infrastructure Plan in GOP Stronghold

With a badly aging bridge as his backdrop, President Joe Biden stood in reliably Republican Louisiana on May 6 to pressure GOP lawmakers to support his $2.25 trillion infrastructure plan — and yet express a willingness to compromise on the corporate tax hikes he’s recommending to pay the cost.

May 6, 2021

XPO Begins Testing Electric Trucks

XPO Logistics is testing a Freightliner eCascadia in Oakland, Calif., the first step in what it expects is a lengthy transition from diesel-powered heavy-duty trucks.

May 5, 2021

Matthias Jurytko to Head Daimler Truck AG-Volvo Fuel Cell Venture

Daimler Truck AG and Volvo appointed Matthias Jurytko as CEO of cellcentric, their new fuel cell development 50-50 joint venture. He is scheduled to assume the post June 1.

May 4, 2021

Ford Boosts Investment in Solid-State Battery Maker

Ford Motor Co. announced May 3 it is increasing its investment in a producer of solid-state batteries, yet another move in the automaker’s push to establish a sustainable supply of the components needed to power a coming wave of electric vehicles.

May 3, 2021