Hyliion Holdings Corp., which went public in 2020, reported a higher net loss on modest revenue in the third quarter. But the electrified powertrain provider ended the quarter with over $455 million of cash and marketable investments.
November 10, 2022Search
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October Class 8 Sales Show Broad Gains Over Year Earlier
U.S. Class 8 retail sales in October improved 34.5% compared with a year earlier, Wards Intelligence reported as all but one truck maker notched higher sales.
November 10, 2022Amazon Unveils Smaller Delivery Drone That Can Fly in Rain
Amazon.com Inc. unveiled a new delivery drone on Nov. 10 that’s smaller, makes less noise and can fly through light rain, the latest effort to get the troubled and long-developing project off the ground.
November 10, 2022California Sees Improvements in New Emissions Report
The California Air Resources Board has released a greenhouse gas emissions report showing a 33% drop in carbon pollution since 2001 that was achieved through a combination of tactics including expanded use of biodiesel and renewable diesel in heavy-duty trucks, greater use of electric vehicles and more fuel-efficient passenger vehicles.
November 8, 2022Nikola to Resell Charging Infrastructure From ChargePoint
Nikola Corp. and ChargePoint Holdings Inc. announced a partnership to enable Nikola and the Nikola sales and service dealer network to resell ChargePoint’s portfolio of charging infrastructure and software solutions to its fleet customers.
November 8, 2022Renault, China’s Geely Announce Powertrain Joint Venture
Renault SA and China’s Geely announced plans on Nov. 8 for a jointly owned venture to produce gasoline-powered and hybrid powertrains, adding to a series of partnerships between global automakers to share soaring technology costs.
November 8, 2022Diesel Tankers Projected to Get Biggest Demand Surge Since 1993
Oil tankers hauling fuels such as gasoline and diesel are poised for their biggest demand surge in three decades next year, with disruption to Russian oil flows boosting the distances vessels will have to sail.
November 8, 2022Aurora, Ryder Collaborate on AV Maintenance
Autonomous vehicle company Aurora Innovation Inc. and Ryder System Inc., a provider of supply chain, dedicated transportation, and fleet management solutions, announced a strategic collaboration to pilot on-site fleet maintenance.
November 8, 2022Real-World Testing of Autonomous Trucks Ramps Up
Over the past year, the autonomous trucking sector has accelerated efforts to test its technology in real-world applications.
November 8, 2022DTNA Looks at Potential 218,000 Trucks in Recall
Daimler Truck North America announced a recall of potentially 218,147 units including certain new Cascadia, Western Star and Business Class M2 models equipped with painted modulator valves and adaptive cruise control technology and related anomalies with braking.
November 8, 2022