Hydrogen fuel cell electric truck manufacturer Hyzon closed its doors Feb. 18, according to an executive, almost exactly four years after promising to produce 40,000 trucks in 2025.
February 19, 2025Search
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TT's Seth Clevenger, Michael Freeze and Keiron Greenhalgh break down what ACT Expo revealed about trucking's road to sustainability.Â
Nikola Declares Bankruptcy, Will Sell Off Assets
The company said it plans to pursue an auction and sale process under Section 363 of the U.S. Bankruptcy Code. A stalking horse bidder will be sought.
February 19, 2025Trucking 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, 2025ArcelorMittal 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, 2025Canada 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, 2025Ohio’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, 2025GM and Ford Lobby to Save EV Tax Incentives
Among the options being floated if the Trump administration moves to strike EV incentives is a three-year wind down to allow more time for the companies to adjust their businesses.
February 11, 2025Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors
Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.
February 10, 2025A Timeline of US-China Retaliatory Tariffs
TAIPEI, Taiwan — China’s tit-for-tat duties on U.S. imports took effect Feb. 10, hours after President Donald Trump announced that he wants to slap new duties on all steel and aluminum imports.
February 10, 2025Trump Halts Program to Expand EV Charger Network
The Trump administration is suspending federal funding for electric car chargers, following through on one of the president’s first directives to roll back subsidies for plug-in vehicles.
February 7, 2025