Losses at Nikola Motor widened year-over-year in the second quarter of 2023 after the truck maker took a $77.8 million hit to its balance sheet.
August 7, 2023Search
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Nikola Hires GM Veteran Steve Girsky as CEO
Nikola Corp. is tapping a former General Motors Co. vice chairman to serve as its CEO, replacing the current CEO after less than a year of running the electric truck maker.
August 4, 2023House Committee Approves Internal Combustion Engines Bill
A panel in the House recently approved a bill that would block efforts meant to prevent the sale of internal combustion engines.
August 3, 2023Meritor, Heavy-Duty Truck Engine Sales Boost Cummins Profits
Profits at Cummins Inc. rose to $720 million in the second quarter of 2023 from $702 million in the year-ago period on the back of a jump in sales, including at newly acquired Meritor.
August 3, 2023Nikola Begins Production of Hydrogen Fuel Cell Class 8 Truck
Nikola began production of the Tre hydrogen fuel cell electric truck July 31 at its Coolidge, Ariz., factory, the company said.
August 2, 2023Nikola Stock Surges as Retail Investors Pile In
A gravity-defying rally in electric vehicle startup Nikola Corp. is showing no signs of stopping, as the company’s latest efforts to conserve cash and secure funds reignites a stock fervor.
August 1, 2023Technology Fuels a New Future for Internal Combustion Engine
Industry leaders have been working to give the basic piston engine an extended life usingÌýgreener fuels as they allow reduced cost of fuel while at the same time reducing greenhouse gases.
July 31, 2023Carrier Global Q2 Profits Pegged Back by Sale Charge
Carrier Global Corp. reported a narrowed second-quarter profit of $199 million, down from $573 million in the year-ago period.
July 28, 2023Carrier Transicold Adds Two Trailer Refrigeration Models
Carrier Transicold is rolling out two additional models in its Vector trailer refrigeration product line, the company said.
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July 28, 2023Freight Group Emphasizes Heavy-Duty Charging Infrastructure
WASHINGTON — A coalition of freight stakeholders called for greater emphasis on the heavy-duty sector as federal lawmakers and regulators prioritize electric vehicles nationwide.
July 27, 2023