Fuel

About Fuel News...

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.

Business, Technology, Equipment, Fuel

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.

Tommaso Ebhardt | Bloomberg News
April 19, 2021
Business, Fuel

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.

Grant Smith and Julian Lee | Bloomberg News
April 19, 2021
Business, Technology, Fuel

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.

Tara Patel | Bloomberg News
April 15, 2021
Government, Business, Safety, Fuel

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.

Eugene Mulero | Senior Reporter
April 15, 2021
Business, Technology, Fuel, Autonomous

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.

Christoph Rauwald | Bloomberg News
April 14, 2021
Business, Technology, Fuel

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.

Annie Lee | Bloomberg News
April 14, 2021
Business, Technology, Equipment, Fuel

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.

Roger Gilroy | Senior Reporter
April 13, 2021
Business, Fuel

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.

Sheela Tobben | Bloomberg News
April 13, 2021
Government, Fuel

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, 2021
Business, Technology, Fuel, Autonomous

Huawei 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