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“Just as mandates and regulations start to bite, the timing is not necessarily lining up very well, in that the purchase incentive support comes off,” GM Canada's president said. 

The company on Oct. 23 reported adjusted earnings of 72 cents per share for the quarter, above the average analyst estimate.

Shares of the Elon Musk-led company have fallen 12% this year through Oct. 22, while all of its Big Tech peers have advanced.

Dallas-based Matador now plans to produce an average of 98,500 to 101,500 barrels of oil per day in 2024, a 5% increase from the company’s previous projection.

The company will build a 435,000-square-foot facility in Orangeburg County to launch next-generation synthetic graphite production operations.

The research, published Oct. 18, marked NACFE’s first analysis of alternatives available to fleets, with the introduction of all-electric TRUs in its early stages.

Hyundai’s plant in Georgia has been running its internal logistics operations using hydrogen and the automaker has been testing domestic production of the fuel using biogas from food scraps.

The national average diesel price fell 7.8 cents to $3.553 per gallon, according to U.S. Energy Information Administration data released Oct. 21.

A combination of shareholders, lenders and customers are participating in the bridge funding, and the instruments vary among these groups, a source said.

Revoy revealed Ryder System as the first customer for the Bay Area startup’s electric vehicle, which converts a Class 8 diesel semi into a hybrid without any changes to the tractor.