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Nikola Posts Q2 Loss, Stays Focused on Growth Strategy

Just months after becoming a publicly traded company, Nikola Corp. reported that net losses widened versus year-ago levels as the company continues investing in the buildup toward the introduction of its electric trucks.

August 5, 2020

Penske Truck Leasing Adds Core-Mark as EV Customer

Penske Truck Leasing announced longtime customer Core-Mark Holding Co. deployed one of Penske’s Class 8 battery-electric Freightliner eCascadias into its fleet.

August 3, 2020

Electric Car Startup Fisker Misses Deadline for Supply Deal With VW

Fisker Inc. missed a self-imposed deadline for a technology-sharing deal with Volkswagen AG that the electric-vehicle startup had described as key to cutting costs.

July 31, 2020

GM to Build Nationwide EV Charging Network

General Motors Co. is working with electric-vehicle charging operator EVgo Services to build a nationwide fast-charging infrastructure.

July 31, 2020

Nikola’s Trevor Milton Says Future of Trucking Is Hydrogen-Based

Nikola Corp. founder and Executive Chairman Trevor Milton believes the hydrogen fuel cell technology that powers his company’s trucks can place Nikola at the forefront of global efforts to toughen clean-air rules while also providing a truck that meets the needs of commercial fleets.

July 30, 2020

Wabash, eNow Unite to Produce Zero-Emission Trailer

Wabash National Corp. announced an exclusive agreement with eNow for its solar technology as the companies prepare to sell what they called the most eco-friendly refrigerated haul available on the market.

July 29, 2020

Nikola to Launch New US Plant With Tre Cabover Model

The battery-electric cabover Nikola Tre model will be the first Class 8 off the assembly line at Nikola's manufacturing facility in Coolidge, Ariz.

July 28, 2020

Tesla’s ‘Mind-Boggling’ Value Leads Bernstein to Downgrade

Tesla Inc.’s soaring valuation led to a downgrade by Sanford C. Bernstein analyst Toni Sacconaghi on July 28, who said it is difficult to justify the market capitalization even using best-case scenarios.

July 28, 2020

Ryder Offers Workhorse Electric Step Van

Workhorse Group Inc. announced Ryder System Inc. is offering the C-Series Workhorse all-electric step van and that Ryder will place the first group of Workhorse C 1000 vehicles through COOP.

July 24, 2020

Green Energy Companies Partner to Proliferate Hydrogen Trucks

Green energy companies ReCarbon and HYZON Motors partnered July 23 in an effort to propel hydrogen-powered truck projects globally.

July 24, 2020