Cruise, the self-driving startup controlled by General Motors Co., is working with the automaker’s BrightDrop electric van business on a plan to develop autonomous delivery vehicles, people familiar with the matter said.
May 16, 2022Search
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Diesel, Gas Refining Capacity Too Low to Meet Demand
From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both U.S. travelers and the wider economy. But the chief driver isn’t high crude prices or even the rebound in demand: It’s simply too few refineries turning oil into usable fuels.
May 13, 2022Hyundai Expected to Announce $7 Billion EV Plant in Georgia
ATLANTA — South Korean automaker Hyundai Motor Group is expected to announce next week that it is building an electric vehicle plant near Savannah, Ga., according to a U.S. official familiar with the anticipated announcement.
May 13, 2022More Steps Needed to Reach Zero-Emission Future, Executives Say
LONG BEACH, Calif. — Top executives at some of the largest companies in trucking said many factors must come together before the industry can fully advance toward a zero-emission future.
May 12, 2022Ban on ‘Excessive’ Gas Prices Heading for House Vote
The U.S. president would have the authority to declare an emergency that would make the sale of gasoline at “excessive” prices illegal under legislation House Democrats plan to bring to the floor next week.
May 12, 2022Cummins to Build Fuel Cells for Freightliner Cascadia
LONG BEACH, Calif. — Cummins Inc. will supply market leader Freightliner, a brand of Daimler Trucks North America, with a Cummins hydrogen fuel cell powertrain for the heavy-duty Cascadia model, Cummins Chairman and CEO Tom Linebarger said in a surprise announcement.
May 12, 2022Foxconn Completes Acquisition of Lordstown Factory
Taiwan’s Foxconn Technology Group completed a transaction with Lordstown Motors Corp. to acquire the electric truck startup’s Ohio factory for $230 million and take over production of its Endurance pickup truck, a critical step as the iPhone manufacturer seeks to diversify into electric vehicles.
May 12, 2022Rivian Says Production Increased, Keeps Sales Target at 25,000
Rivian Automotive Inc. said it accelerated production and stepped up sales in the first quarter, keeping the electric pickup maker on track to deliver 25,000 EVs this year.
May 11, 2022California Falls Short in Fight to Curb Emissions
California’s carbon market was supposed to be a model for the U.S., harnessing the power of capitalism to fight climate change in the world’s fifth-biggest economy. But nearly 10 years after “cap and trade” began, there’s little proof the system has had much direct impact on curbing planet-warming pollutants.
May 11, 2022Musk’s Go-Private Tweets About Tesla Were Reckless, Judge Found
“No reasonable jury could find that Mr. Musk did not act recklessly.” That’s the upshot of a federal judge’s review of Tesla Inc. CEO Elon Musk’s 2018 tweets about taking the company private, as revealed in an order that was made public May 10.
May 10, 2022