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, 2022Search
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Musk-Twitter Trial to Start Oct. 17
Twitter Inc.鈥檚 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, 2022The Glider Truck Is Gone, but Not Forgotten
In its heyday, Fitzgerald Glider Kits was the nation鈥檚 top glider truck manufacturer, building and selling thousands of the new truck cab bodies powered by older rebuilt engines.
July 28, 2022Senate Deal Includes EV Tax Credits Sought by Tesla, Toyota
A breakthrough deal between Sens. Chuck Schumer and Joe Manchin includes the extension of a popular consumer tax credit for the purchase of electric vehicles, a big win for EV makers such as General Motors Co., Tesla Inc. and Toyota Motor Co.
July 28, 2022Union Pacific to Spend $1 Billion to Modernize 600 Trains
Union Pacific, the second-largest U.S. railroad, is spending $1 billion to modernize 600 trains.
July 27, 2022Tesla鈥檚 Musk Signals Optimism on End to 鈥楽upply Chain Hell鈥
Tesla Inc. reported second-quarter earnings that beat Wall Street estimates, reflecting the company鈥檚 progress in getting production back on track while tackling supply chain hurdles and COVID lockdowns at its factory in China.
July 21, 2022Sky-High Diesel Prices Squeeze Truckers, Farmers, Consumers
NEW YORK 鈥 When longhaul trucker Deb LaBree sets out on the road to deliver pharmaceuticals, she has strategies to hold down costs. She avoids the West Coast and the Northeast, where diesel prices are highest. She organizes her delivery route to minimize 鈥渄eadheading鈥 鈥 driving an empty truck in between deliveries.
July 20, 2022Hawaii Boosts Hydrogen Fueling Stations, Enacts Other Clean Energy Laws
Providing incentives for trucks to use hydrogen is one of four new laws that took effect in July to counter climate change and boost clean energy in Hawaii.
July 19, 2022DOE Eyes Mines as Future Clean Energy Sites
Current or abandoned mines are being considered by the U.S. Department of Energy for experimental clean energy sites below the earth鈥檚 surface in a new $500 million grant program.
July 19, 2022Twitter-Musk Takeover Dispute Heading for an October Trial
Tesla CEO Elon Musk lost his fight to delay Twitter鈥檚 lawsuit against him as a Delaware judge on July 19 set an October trial, citing the 鈥渃loud of uncertainty鈥 over the social media company after the billionaire backed out of a deal to buy it.
July 19, 2022