Drop in Diesel Demand Heightens Recession Concerns
“Diesel demand can act as a leading indicator for broader growth as an early sign that spending by households is waning,” said one expert.
April 17, 2023Trucking’s Electric Vs. Hydrogen Battle Starts to Percolate
Purely battery-powered trucks have a head start on hydrogen fuel cells in the race to decarbonize trucks, but due to drawbacks for both technologies, the competition is far from settled.
April 13, 2023Tesla Cuts Prices for Second Time This Year
Tesla Inc. marked down all of its vehicles again in the U.S. after price tweaks throughout the first quarter yielded an incremental sales gain.
April 7, 2023Tesla Pursues US Battery Plant With China’s CATL
Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric vehicle battery manufacturer.
March 30, 2023The World’s Most Important Oil Price Is About to Change
The world’s most important oil price is about to be transformed, allowing crude supplies from West Texas to help determine the price of millions of barrels a day of petroleum transactions.
March 30, 2023Uber Considering Spinning Off Freight Logistics Division
Uber Technologies Inc. is exploring whether to spin off its Uber Freight logistics arm in a sale or as a separate publicly traded company to streamline its focus on ride hailing and food delivery, according to people familiar with the matter.
March 9, 2023Founders of Defunct Argo AI Launch New Self-Driving Startup
The founders of Argo AI, the autonomous vehicle company that was shut down last year, are launching a new self-driving business that could specialize in trucking and ride-hailing, according to people familiar with the matter.
March 7, 2023Ford Is Investing $3.5 Billion in EV Battery Plant With China’s CATL
Ford Motor Co. is investing $3.5 billion in an electric vehicle battery plant in southwest Michigan that it will operate with technology and support from a Chinese battery maker that has stirred political controversy.
February 13, 2023SUVs Emerge as Hot Point in EV Tax Credit Debate
General Motors Co. has taken a central role in pushing the Treasury Department to change how the government defines a sport utility vehicle and expand how many buyers can get electric vehicle tax credits.
January 27, 2023Ford, China’s CATL Mull Workaround for New US Battery Plant
Ford Motor Co. and China’s Contemporary Amperex Technology Co. Ltd. are considering building a battery manufacturing plant in Michigan in a complex arrangement designed to reap new tax benefits.
December 15, 2022