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Mercedes Unveils Electric Van for Growing Battery-Powered Lineup

Mercedes-Benz is giving a sneak peek of an electric van that is among the models broadening its battery-powered range over the next year.

May 10, 2021

Driverless Truck Startup Plus to List in $3.3 Billion SPAC Deal

Self-driving truck technology developer Plus announced it entered into a definitive business combination agreement with Hennessy Capital Investment Corp. V, a publicly traded special purpose acquisition company.

May 10, 2021

FMCSA Issues Emergency Declaration to June 8 Due to Pipeline Cyberattack

The Federal Motor Carrier Safety Administration is providing emergency relief from hours-of-service regulations to motor carriers and drivers assisting operations linked to refined petroleum supply chains in the East Coast in the wake of a cyberattack against Colonial Pipeline.

May 9, 2021

Colonial Pipeline鈥檚 Silence Has Energy Traders Nervous

Traders and shippers are increasingly nervous about the possibility of a shortage of fuel in the eastern U.S. two days after the shutdown of a major pipeline following a cyberattack.

May 9, 2021

Experts Say Cyberattack on Pipeline Is a Wake-Up Call

NEW YORK 鈥 The shutdown of a vital U.S. pipeline because of a ransomware attack stretched into a third day May 9, with the Biden administration saying an 鈥渁ll-hands-on-deck鈥 effort is underway to restore operations and avoid disruptions in gasoline supply.

May 9, 2021

Lion to Locate Largest EV Plant in Illinois

The Lion Electric Co., a manufacturer of all-electric medium- and heavy-duty urban vehicles, announced it selected Joliet, Ill., for the construction of its U.S. manufacturing facility, with building to ramp up in the second half of this year.

May 7, 2021

Tesla Engineer Says Musk Overstated Tesla Autopilot Capability

One of Tesla Inc.鈥檚 engineers told California authorities that CEO Elon Musk overstated the capability of Autopilot, the company鈥檚 driver-assistance system, early this year.

May 7, 2021

Nikola Misses Estimates, Details Additional SEC Inquiry

Nikola Corp. posted a narrower-than-expected loss for its latest quarter as the troubled electric-vehicle startup ramped up testing of its debut battery-electric Class 8 trucks and said securities regulators investigating the company issued an additional subpoena in March.

May 7, 2021

House Democrats Support Electric Vehicle Policies, Rep. Pallone Says

House Democrats are aiming to advance legislation pertaining to electric vehicles as the White House and congressional leaders debate infrastructure policy measures this year.

May 6, 2021

Biden Pushes for His Infrastructure Plan in GOP Stronghold

With a badly aging bridge as his backdrop, President Joe Biden stood in reliably Republican Louisiana on May 6 to pressure GOP lawmakers to support his $2.25 trillion infrastructure plan 鈥 and yet express a willingness to compromise on the corporate tax hikes he鈥檚 recommending to pay the cost.

May 6, 2021