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Orange EV Secures $35 Million From Outside Investor

Yard truck maker Orange EV announced Aug. 4 that it has secured $35 million from S2G Ventures — its first large outside investor.

August 4, 2022

TA Reports Strong Q2 Net Income, Revenue

TravelCenters of America Inc. reported second-quarter net income more than doubled and revenue soared amid favorable fuel purchasing conditions.

August 3, 2022

Nikola Overcomes Founder’s Opposition to Approve New Shares

Nikola Corp. shareholders approved a measure to issue new shares to potentially raise capital, a move that founder and former chair Trevor Milton had opposed.

August 3, 2022

Volvo Plans to Make Its Own Batteries in Electric Truck Shift

Volvo AB plans to build a “large-scale” battery plant in Sweden to meet an expected surge in demand for electric trucks and buses.

August 3, 2022

Pelosi’s Taiwan Trip Spurs CATL to Pause EV Battery Plant Plans

A giant Chinese supplier of electric vehicle batteries decided to push back announcing a multibillion-dollar North American plant to supply Tesla Inc. and Ford Motor Co. due to tensions raised by House Speaker Nancy Pelosi’s trip to Taiwan, according to people familiar with the matter.

August 2, 2022

Alaskans Help State Officials Prepare for EV Charging

The Alaska Energy Authority is working to overcome public perception barriers of cold climate performance, driving range anxiety and high electricity demand charges in its electric vehicle infrastructure push.

August 2, 2022

Mack Trucks Introduces First EV Dealer for New York

Gabrielli Truck Sales has become Mack Trucks’ first certified electric vehicle dealer in New York, it was announced July 28.

August 2, 2022

Nikola Buys Battery Maker Romeo Power

Nikola Corp. has agreed to acquire energy-storage technology company Romeo Power for about $144 million, the Phoenix-based electric vehicle maker announced Aug. 1.

August 2, 2022

Musk-Twitter Trial to Start Oct. 17

Twitter Inc.’s lawsuit against Tesla CEO Elon Musk over a canceled $44 billion buyout of the social media platform is set for a five-day trial starting Oct. 17 in Delaware, a judge ruled.

July 29, 2022

The Glider Truck Is Gone, but Not Forgotten

In its heyday, Fitzgerald Glider Kits was the nation’s top glider truck manufacturer, building and selling thousands of the new truck cab bodies powered by older rebuilt engines.

July 28, 2022