The battery-electric cabover Nikola Tre model will be the first Class 8 off the assembly line at Nikola's manufacturing facility in Coolidge, Ariz.
July 28, 2020Search
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Tesla’s ‘Mind-Boggling’ Value Leads Bernstein to Downgrade
Tesla Inc.’s soaring valuation led to a downgrade by Sanford C. Bernstein analyst Toni Sacconaghi on July 28, who said it is difficult to justify the market capitalization even using best-case scenarios.
July 28, 2020Diesel Dips for Second Consecutive Week
Diesel fell for the second consecutive week, by six-tenths of a cent to $2.427 a gallon from $2.433, the Energy Information Administration reported July 27.
July 27, 2020Ryder Offers Workhorse Electric Step Van
Workhorse Group Inc. announced Ryder System Inc. is offering the C-Series Workhorse all-electric step van and that Ryder will place the first group of Workhorse C 1000 vehicles through COOP.
July 24, 2020Green Energy Companies Partner to Proliferate Hydrogen Trucks
Green energy companies ReCarbon and HYZON Motors partnered July 23 in an effort to propel hydrogen-powered truck projects globally.
July 24, 2020Oil Trading Profits Soar for Energy Majors Who Made Storage Bets
In March and April, as oil prices plunged to their lowest in a generation, Norwegian energy giant Equinor ASA was busy doing the opposite of what oil companies usually do: pumping as much crude as possible underground into giant caverns on the nation’s North Sea coast.
July 24, 2020Senators Advance Diesel-Reduction Program
A program meant to improve air quality by reducing diesel emissions was included in the annual defense authorization bill the Senate passed July 23.
July 24, 2020VW CEO Herbert Diess Lauds Elon Musk Over Tesla’s Earnings
Volkswagen AG’s CEO again praised Tesla Inc.’s Elon Musk, this time for showing it’s possible to profit off electric cars even in the midst of a global pandemic.
July 24, 2020Schlumberger Shrinks Staff to Lowest Since Pre-Shale Era
Schlumberger Ltd. posted its weakest sales in 14 years and is cutting one-fifth of its workforce while warning that new waves of COVID-19 could derail the nascent recovery in global energy demand.
July 24, 2020Daimler Posts Q2 Net Loss, Lower Revenue as Pandemic Slashes Demand
The Daimler Group reported a net loss and lower revenue in the second quarter as demand for its trucks, vans, buses and cars fell amid the global novel coronavirus pandemic.
July 23, 2020