Peterbilt Motors Co. announced the delivery of the first production Model 220EV to the Department of Solid Waste Services in Anchorage, Alaska. Ordered but not yet delivered was a Model 520EV truck.
June 21, 2021Search
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Biden Wonât Accept Gas Tax in Latest Infrastructure Plan
President Joe Biden still sees sticking points in a draft bipartisan Senate infrastructure plan, as top aides warned June 21 that they continue to explore other legislative pathways and will not support certain tax increases as part of a final deal.
June 21, 2021Shipping Watchdog Urged to Speed Up Pace on Emission Curbs
Trafigura Group said the shipping industryâs regulator needs to act with âlightning speedâ to cut carbon emissions from an industry that spews more C02 into the atmosphere each year than France and the U.K. combined.
June 21, 2021Volvo, Northvolt Join Forces on European EV Battery Factory
Volvo Car Group and Swedish battery maker Northvolt AB will jointly build an electric car battery factory in the latest move by European manufacturers to localize cell production in the region.
June 21, 2021Hyliion Set to Join Russell 3000 Index
Electrified powertrain company Hyliion Holdings Corp. announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.
June 18, 2021After Blowing $300 Billion, US Shale Finally Makes Money
After years of booms and busts that produced astronomical losses along with a whole lot of oil, the fracking industry seems to have found a sweet spot. Itâs poised to generate more than $30 billion of free cash this year.
June 18, 2021In Reversal, Lordstown Motors Says It Has No Firm Truck Orders
TOLEDO, Ohio â Struggling electric truck maker Lordstown Motors said June 17 it doesnât have any firm orders for its vehicles, just days after its president said the company had enough to maintain production through 2022.
June 18, 2021Ford Acquires Battery-Management Startup to Charge EV Fleets
Ford Motor Co. has acquired a startup that specializes in managing charging networks for commercial electric vehicles, a business the automaker hopes could generate as much as $1 billion in revenue by 2030.
June 17, 2021Sen. Manchin Cites âGrave Concernsâ About US âGoing to the EVâ
WASHINGTON â U.S. Sen. Joe Manchin, a conservative Democrat whose vote is key to any infrastructure deal in the narrowly divided Senate, expressed âgrave concernsâ June 15 about the Biden administrationâs drive to boost adoption of electric vehicles.
June 16, 2021Democrats Prepare Go-It-Alone Approach on Infrastructure
WASHINGTON â Patience running thin, Democratic leaders are laying the groundwork for a go-it-alone approach on President Joe Bidenâs big jobs and families infrastructure plans even as the White House continues negotiating with Republicans on a much more scaled-back $1 trillion proposal.
June 16, 2021