Nikola Projects Delivering 300 to 500 Electric Trucks This Year
Nikola Corp. said it will start full-scale output of battery-electric trucks next month and deliver between 300 and 500 of the big rigs to customers this year. Its shares rose despite a slump in the broader market.
February 24, 20223G Sunset Taking Some Devices Offline
Cellular service providers are shutting down their 3G networks this year, a shift that could impact legacy wireless systems that some fleets are still using, experts said.
February 24, 2022US Slightly Revises Up its GDP Estimate for Q4 to 7%
The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Feb. 24 in a slight upgrade from its earlier estimate as businesses stepped up their restocking of supplies.
February 24, 2022NTSB Chair Jennifer Homendy Urges States to Lower Blood Alcohol Level to 0.5%
The head of the National Transportation Safety Board said states should follow the example set by Utah and reduce the blood alcohol content level permitted for drivers as a way of reducing drunken driving accidents and improving highway safety.
February 24, 2022US Presents ‘Buy American’ Plan to Ease Supply Chain Squeeze
The Biden administration announced several new actions Feb. 24 intended to ease supply chain disruptions that have plagued the economy during the coronavirus pandemic.
February 24, 2022Initial Jobless Claims Fell Last Week by More Than Forecast
Applications for U.S. state unemployment insurance fell last week by more than forecast, continuing an overall downward trend as the labor market recovery continues.
February 24, 2022Volvo Group Invests $41 Million in North Carolina
The Volvo Group announced a $41 million investment in North Carolina’s Piedmont Triad region to purchase and expand the building housing its U.S. Uptime Center, which will now also serve as the global headquarters for Volvo Financial Services (VFS).
February 24, 2022Spartan, Uhnder Partner to Offer Next-Gen Radar Tech for Automated Trucks
Sensor technology suppliers Spartan Radar and Uhnder Inc. have formed a partnership to develop improved sensing capabilities for advanced driver-assistance systems and autonomous driving technology for commercial trucks.
February 24, 2022Oil Soars Past $100 After Russia Attacks Ukraine
Oil surged above $105 a barrel for the first time since 2014 after Russia attacked sites across Ukraine, triggering fears of a disruption to energy exports at a time of already tight supplies.
February 24, 2022Ford CEO Farley: No Plan to Spin Off EV Business
DETROIT — Ford Motor Co. CEO Jim Farley says the automaker has no plans to spin off its electric vehicle or internal combustion businesses, but is reinventing itself by removing costs and ramping up for large-scale EV and software sales.
February 23, 2022