Volkswagen AG CEO Herbert Diess vowed to pursue a sweeping transition to electric cars, declaring it a matter of survival even as the coronavirus risks upending business in the near term.
November 5, 2020Search
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Volvo Plans to Sell First Heavy-Duty Electric Trucks in December
Volvo Trucks North America announced it will begin selling its Volvo VNR Electric model Dec. 3 as production at its New River Valley manufacturing plant in Dublin, Va., is slated for early 2021.
November 5, 2020Ryder Looks to Advance Tech With Venture Capital Fund
Ryder System Inc. is working to advance its technology and forge new partnerships with the launch of its corporate venture capital fund, the company detailed Nov. 2.
November 4, 2020California Allows Private Sales of Electricity as Motor Truck Fuel
Volvo Trucks North America announced it, and other industry associations and companies, helped facilitate the modification of California utility rules to give private entities the ability to sell electricity as a motor fuel at publicly accessible charging stations for medium- and heavy-duty electric vehicles.
November 3, 2020Election Outcome Could Stir Up Electric Vehicle Industry
Both of the major-party presidential candidates have said they support electric vehicles, but a Joe Biden win could bring changes to significantly speed up the adoption of cars and trucks built by the likes of Tesla Inc. and Nikola Corp.
November 2, 2020Top Electric-Car Battery Maker Wins Approval for Company Split
South Korea’s LG Chem Ltd. won shareholder approval to hive off its superstar battery business, with investors betting the division has a better chance to thrive as a stand-alone entity.
October 30, 2020Fleets Need to Navigate Changing NOx Standards
Industry experts noted the speed of emissions regulation changes during the session titled “EPA vs. CARB Regulations: What does this Mean for a Fleet in 2022 and Beyond” during American Trucking Associations’ Management Conference & Exhibition.
October 28, 2020VW’s Traton, Toyota’s Hino to Collaborate on Electrification
Volkswagen AG and Toyota Motor Corp.’s truck subsidiaries are joining forces on battery-electric and fuel cell vehicles, enabling the companies to split the costs of developing technology needed to comply with stricter emission rules.
October 28, 2020Elon Musk Cruises to $11.8 Billion Haul, Is Now World’s Fourth-Richest Person
Tesla Inc.’s Elon Musk collected the fourth tranche of his moonshot award this month, bringing his aggregate haul to $11.8 billion.
October 26, 2020Daimler Records Higher Net Income on Lower Revenue in Q3
Daimler AG reported higher net income on lower revenue in the third quarter as core markets began to recover from the impact of COVID-19.
October 23, 2020