Hyliion CEO and founder Thomas Healy said the company anticipates receiving more investment funds soon. It built an 80,000-square-foot plant, and trucks with its e-axle have accumulated more than 1 million miles of real-world travel as fleets begin to see hybrid-electric powertrains as a timely choice for improved fuel efficiency. And yet, he sometimes feels as if he is on the industry sidelines.
November 13, 2019Search
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Tesla to Build Factory in Germany After Subsidies Announced
BERLIN — Germany on Nov. 13 hailed Tesla’s decision to build its first European factory in the country, days after the government said it would boost subsidies for buyers of electric cars.
November 13, 2019World Thirst for Oil Keeps Growing, With SUVs a Key Culprit
PARIS — The world’s thirst for oil will continue to grow until the 2030s, with climate-damaging emissions climbing until at least 2040 — and consumers’ insatiable appetite for SUVs is a big reason why.
November 13, 2019Consumer Prices Up 0.4% in October; Gasoline Prices Surge
WASHINGTON — Surging gasoline prices caused U.S. consumer prices to rise last month at the fastest pace since March.
November 13, 2019Diesel Climbs 1.1 Cents to $3.073 a Gallon
The U.S. average retail price of diesel rose 1.1 cents to $3.073 a gallon, the Department of Energy reported Nov. 12, the day after the national Veterans Day holiday.
November 12, 2019Offshore Oil to Peak in 2020, Then Join Shale in Market Drop, Analysts Say
Offshore oil production is expected to hit a peak in 2020 before joining the shale industry in a slowdown that could dramatically rewrite market supply predictions.
November 12, 2019Pemex Faces Payment Problems After Cyberattack Shut Down System
A ransomware attack that hit Mexico’s Petroleos Mexicanos is disrupting the company’s billing systems, according to people familiar with the situation.
November 12, 2019Europe’s Natural Gas Glut Is Growing
Europe’s role as a destination of last resort for liquefied natural gas that traders can’t sell elsewhere may now be reaching its limits.
November 12, 2019ASCE to Unveil Puerto Rico Report Card Nov. 12
The American Society of Civil Engineers announced it plans to unveil a report card on Nov. 12 on the status of Puerto Rico’s infrastructure, two years after significant aspects of the island’s infrastructure were damaged severely as a result of two hurricanes.
November 8, 2019Natural Gas Trucks Expand in Southern California Ports
Clean Energy Fuels is supplying 100 trucks from Southern California port trucking companies with its Redeem renewable natural gas.
November 8, 2019