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Billionaires Investing in China’s Electric Cars Face Shakeout

Some of China’s wealthiest tycoons steered billions of dollars into electric car companies to fuel the country’s dreams of becoming a leader in the field. Now a reckoning may be looming as car sales slow and the government reduces subsidies for the nascent industry.

December 3, 2019

Nikola Battery-Electric Truck Slated for Europe in 2021

Nikola Corp., Iveco and FPT Industrial announced they have begun development of their joint venture’s first truck: the battery-electric Nikola TRE.

December 3, 2019

Diesel Inches Up 0.4¢ to $3.07 Per Gallon

The U.S. average retail price of diesel rose 0.4 cent to $3.07 a gallon, the Department of Energy reported Dec. 2.

December 2, 2019

Webasto Announces Modular Battery, Other Technologies

Webasto Group announced a new modular battery system as well as thermal management and charging technologies for the North American commercial vehicle and automotive e-mobility markets.

November 22, 2019

Public Natural Gas Filling Station Planned for Modesto, Calif.

Construction is underway at a new American Natural Gas public natural gas fueling station in Modesto, Calif., after breaking ground on the facility Nov. 14.

November 22, 2019

Battery Giants Hit by Slump in China’s Electric Vehicle Market

CATL and BYD Co. saw sharp declines in sales of electrified-vehicle batteries in September as demand weakened in China, where the government is cutting subsidies in the EV sector.

November 22, 2019

Anheuser-Busch, Nikola, BYD Complete First Zero-Emission Beer Run

Anheuser-Busch announced it completed on Nov. 21 its first zero-emission beer delivery in the company’s hometown of St. Louis using only zero-emission trucks from Nikola Motor Co. and BYD Motors.

November 21, 2019

GM CEO Mary Barra Charges Ahead With Electric Cars but Shuns Hybrids

If General Motors Co. CEO Mary Barra had her way, the auto industry would forget about selling hybrid electric models and instead concentrate on getting more battery-powered vehicles into showrooms.

November 21, 2019

Selling a Truck to Detroit’s Loyal Owners May Be Tesla’s Toughest Challenge Yet

Tesla CEO Elon Musk debuts Cybertruck with lots of competition from Detroit.

November 21, 2019

Cummins, Daimler Trucks Prepare to Fight Climate Change

Independent engine maker Cummins Inc. along with Daimler Trucks & Buses, global corporations at the center of the U.S. commercial vehicle industry, are accelerating efforts to combat climate change with their products and at their plants.

November 21, 2019