Hyliion Holdings Corp. reported a wider third-quarter net loss and no revenue as it worked to bring its two electrified powertrain solutions for Class 8 trucks to market.
November 10, 2021Search
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Rivian Set for IPO That Will Rank as Year’s Biggest
Electric vehicle-maker Rivian Automotive Inc. priced shares in its initial public offering at $78 apiece to raise about $11.9 billion, according to people familiar with the matter.
November 9, 2021Rivian IPO Puts Slow Race to Commercial EV to Public Market Test
Eleven years after Tesla Inc. went public with a market value of less than $2 billion, one of its most closely watched competitors is following in its tire treads with a much richer valuation.
November 9, 2021$10 Billion Rivian IPO Would Be Seventh-Largest on Record
Rivian Automotive Inc., the electric truck maker backed by Amazon .com Inc., has elevated the marketed range of its initial public offering to raise as much as $10 billion.
November 5, 2021Sensata Adds EV Charging Products
Sensata Technologies announced new custom-designed high-voltage junction box solutions for charging commercial electric vehicles.
November 5, 2021DOE Provides $128 Million for Electrified Truck Development
The Department of Energy's Office of Energy Efficiency and Renewable Energy is providing funding to five original equipment manufacturers as part of its SuperTruck 3 initiative.
November 5, 2021Shipping Firms Seek Investments in Technology to Cut Emissions
GLASGOW, Scotland — Major shipping companies on Nov. 5 called for governments to put more money into researching and developing cleaner technologies to help the industry reduce its greenhouse gas emissions.
November 5, 2021Cummins Posts Q3 Income, Revenue Gains
Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.
November 2, 2021GM Factory ZERO Grand Opening Event Marks Automaker's Growth in EV
General Motors will host the grand opening of Factory Zero in Detroit-Hamtramck next month to start building new electric vehicles, the automaker said Oct. 27.
October 28, 2021Where Trucking Stands on Environmental Sustainability
NASHVILLE, Tenn. — Sustainability in the trucking industry can be viewed from different angles, according to a panel at American Trucking Associations’ Management Conference & Exhibition on Oct. 25.
October 27, 2021