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Rivian Reports Profit but Cuts 2025 EV Sales Forecast

Rivian Automotive said its electric-vehicle deliveries this year will fall short of Wall Street estimates as potential policy shifts in Washington threaten to further dampen EV demand.

February 20, 2025

Nikola’s Collapse Puts SEC’s $80 Million Claim at Risk

The SEC ranked No. 1 on the roster of largest unsecured creditors when Nikola, a failed maker of EV trucks, sought court protection on Feb. 19, with the regulator owed about $80 million.

February 20, 2025

Diesel Price Bumps Up 1.2¢ to $3.677 a Gallon

The national average diesel price crept up 1.2 cents to $3.677 a gallon, according to U.S. Energy Information Administration data Feb. 18.

February 18, 2025

Trucking Fights Back Against Fuel Card Skimming

Fuel card skimming has become an increasing threat to the financial security of truck fleets, but industry leaders have been making progress addressing the issue over the past year.

February 21, 2025

Duffy Says Texas GulfLink Oil Port Will Move Forward

“[The port] was held up for five years, and it was stonewalled. Bureaucrats got in the way, and now we are moving forward with that," DOT Secretary Sean Duffy told reporters Feb. 14.

February 14, 2025

Trump’s Energy Council Looks to Fast-Track Oil Projects

“We have more energy than any other country and now we are unleashing it,” President Donald Trump said as he signed executive orders in the Oval Office on Feb. 14.

February 14, 2025

ArcelorMittal to Build $1.2 Billion Alabama EV Steel Mill

Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.

February 14, 2025

Canada Gives Halifax Port C$25 Million for Green Initiatives

Canada has granted C$25 million to the Halifax Port Authority for sustainable environmental infrastructure and establish a hydrogen production facility.

February 12, 2025

Ohio’s EV Charger Expansion Stalls After Federal Freeze

It’s now unclear whether Ohio will build any more of the federally funded charging stations, as President Donald Trump’s team has directed all states to halt new spending of the money.

February 11, 2025