Fuel
Transport Topics fuel coverage looks closely at what powers trucks. From the latest on battery, diesel and alternative fuel technology to the costs and prices associated with each, this news category covers today’s fuel ecosystem extensively. Topics include green house gas regulation, fuel prices, equipment costs, fuel infrastructure, surcharge and more.
Iveco Sale Talks End With China FAW as Italy Opposes
The billionaire Agnelli family’s CNH Industrial NV ended talks to sell its Iveco SpA truck and bus unit to China FAW Group Co. after the Italian government signaled it would oppose the deal.
Historic Oil Glut Amassed During Pandemic Dissipates
The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers.
Stellantis CEO Vows to Accelerate Carmaker’s Electric Shift
Stellantis NV CEO Carlos Tavares pledged to speed up the company’s electric shift, vowing that cars with a battery will account for more than a third of its European sales by mid-decade.
Key Congressional Republican Calls for Bipartisan Highway Bill
As federal policymakers prepare to consider comprehensive highway policy legislation in the coming weeks, the top Republican on the U.S. Senate transportation committee reiterated calls for bipartisanship.
Audi Takes On Tesla’s Model Y With Entry-Priced Electric SUV
Audi’s new Q4 e-tron will go head-to-head with Tesla Inc. in the fast-growing market of compact crossover SUVs to help parent Volkswagen AG narrow its electric-car sales gap with the world leader.
Skyrocketing Metal Prices Threaten to Hinder EV Affordability
A surge in demand for electric vehicles is sending the price of raw materials soaring, threatening to slow the push toward making cheaper batteries that are key to more widespread adoption.
MVTS Finds FlowBelow Technologies Bring Significant Fuel Savings
Mesilla Valley Transportation Solutions tested FlowBelow Aero Inc.’s tractor and trailer wheel covers for the first time as well as the Tractor AeroKit, and found that each technology provided significant fuel savings.
Permian Oil Nears Levels Not Seen Since Pandemic Start
The Permian Basin, the most prolific shale patch in the U.S., will produce crude oil at levels not seen since the start of the pandemic in the latest sign the global economy is heating back up.
Diesel Sheds 1.5¢ to $3.129 a Gallon
The national average price of a gallon of diesel slipped 1.5 cents to $3.129, according to Energy Information Administration data released April 12.
April 12, 2021Huawei to Invest $1 Billion on Car Tech It Says Surpasses Tesla
Huawei Technologies Co. will invest $1 billion on researching self-driving and electric-car technologies, accelerating plans to compete with Tesla Inc. and Xiaomi Corp. in the world’s biggest vehicle arena.
April 12, 2021