The national average price for a gallon of diesel fuel remained virtually unchanged, nudging up just one-tenth of a cent to $3.287, according to Energy Information Administration data released June 21.
June 21, 2021Search
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Some Denver Gas Stations Have Been Running Short of Fuel
Dozens of gasoline stations in Denver and southern Colorado ran dry last weekend as a shortage of truck drivers and pipeline work delayed fuel supplies.
June 21, 2021First Production Model Peterbilt 220EV Goes to Alaska
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, 2021Biden Won鈥檛 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 industry鈥檚 regulator needs to act with 鈥渓ightning speed鈥 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. It鈥檚 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 鈥 Struggling electric truck maker Lordstown Motors said June 17 it doesn鈥檛 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, 2021