Fuel

Electric Last Mile Solutions Inc. filed for Chapter 7 bankruptcy in Delaware, making it the first of the electric-vehicle startups that merged with special purpose acquisition companies to go out of business amid the recent market slump. 

A new taskforce to help shape federal policy and guidance for states on electric vehicle charging networks was touted by DOT and DOE leaders as they promoted President Joe Biden’s clean energy plans.

The co-founder of San Diego-based autonomous driving company TuSimple, Mo Chen, announced he started a new company called Hydron to bring to market Class 8 hydrogen-powered trucks equipped with Level 4 autonomous driving technology.

Bolloré Logistics Canada has launched its first fully electric truck for local deliveries in Montreal, the company announced May 31.

Truck maker Nikola Corp. announced that its Class 8 Nikola Tre battery-electric vehicle is eligible for the New York Truck Voucher Incentive Program.

The Federal Highway Administration on June 9 released the blueprint for states to follow to develop the 500,000 charging stations that are key to the Biden administration’s goal of switching Americans from gasoline- to electric-powered vehicles.

U.S. natural gas prices tumbled after a fire broke out at a Texas export terminal, threatening to leave supplies of the fuel stranded in shale basins despite surging overseas demand.

The U.S. Department of Energy is pushing itself, academia and industry to come up with ways to make and distribute clean hydrogen at a price low enough to boost it into a starring role as the primary alternative fuel of the future.

Energy Secretary Jennifer Granholm, while opening an annual meeting, revealed that developing hydrogen as a fuel source is a major federal priority, as DOE issued an $8 billion hydrogen hub funding notice.

Gasoline reached $5 a gallon or more in more than a dozen states a week into the peak summer travel season, as stockpiles of the fuel remain tight.