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Deals for Opal Fuels, Haldex Near Closure

A producer and distributor of renewable natural gas and a supplier of chassis-related systems and components for trailers, trucks and buses are separately planning for major expansions — one by going public and the other through consolidation.

July 13, 2022

Tesla Stock Teeters as Elon Musk Girds for Another Legal Battle

Tesla bulls rejoiced when Elon Musk sought to terminate his agreement to buy Twitter. That initial relief has given way to realization the hangover from this ordeal won’t lift anytime soon.

July 13, 2022

Ohio Identifies 15 Alternative Fuel Corridors for EV Charging Stations

CLEVELAND — The Ohio Department of Transportation has determined where a number of federally funded charging stations should be deployed across the state as part of a plan to spend more than $100 million in bipartisan infrastructure law money on electric vehicle infrastructure.

July 12, 2022

Walmart Orders 4,500 Canoo Electric Vans

Canoo Inc. shares doubled in value after the struggling electric vehicle startup won an order for 4,500 vans from Walmart Inc.

July 12, 2022

Daimler, Traton, Volvo Get Final Approval for Charging JV

Truck makers Volvo Group, Daimler Truck and Traton Group announced their joint venture, launched in December 2021 to develop charging infrastructure in Europe, gained the final necessary regulatory approvals.

July 11, 2022

Rivian Plans Hundreds of Job Cuts Following Surge in Staffing

Rivian Automotive Inc. is planning hundreds of layoffs to trim its workforce in areas where the electric vehicle maker has grown too quickly, according to people familiar with the matter.

July 12, 2022

Volvo Quits Europe Car Lobby Group Over EV Stance

Volvo Cars AB is withdrawing from Europe’s car lobby, the second major automaker to do so in the past month, as the industry fractures over the transition to electric vehicles.

July 8, 2022

Volvo Says Electric, Autonomous Programs Key to Growth

Volvo Group is looking to expand its autonomous and electric truck programs to build market share in its key U.S. market and drive revenue and profits higher, top executives said recently.

July 5, 2022

Tesla Pauses Plant Production

A German plant reportedly will take a break this month, in addition to two model lines in Shanghai, Bloomberg reported.

July 5, 2022

Hydrogen’s Uniqueness Calls for Extra Safety Measures

Safety measures are being developed to deal with the special properties of hydrogen as the pace quickens to bring heavy-duty fuel-cell trucks to market.

June 30, 2022