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, Equipment, Fuel, TCA

GM to Devote $1 Billion to Michigan Heavy-Duty Truck Plants

FLINT, Mich. — General Motors Co. will invest more than $1 billion in two of its plants to prepare for production of next-generation heavy-duty trucks, the Detroit automaker announced.

Jordyn Grzelewski | The Detroit News
June 5, 2023
Business, Fuel, Private, TCA

Walmart Announces Sustainability Initiatives

Walmart announced June 1 it will take steps to reduce the amount of plastic and cardboard it puts in the waste stream from online orders and reduce vehicle emissions from delivery of packages.

Robert Higgs | cleveland.com
June 2, 2023
Government, Business, Fuel

GM, Stellantis Fined for Missing Fuel Efficiency Targets

General Motors Co. and Stellantis NV paid a combined $363 million in civil penalties for failing to meet U.S. fuel efficiency standards, according to filings with federal regulators.

Keith Laing | Bloomberg News
June 2, 2023
Government, Business, Fuel

Rivian May Lose Nasdaq Spot After 90% Selloff

Rivian Automotive Inc. may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90% from its record high, according to JP Morgan Securities.

Esha Dey | Bloomberg News
June 1, 2023
Business, Fuel

Exxon Works to Improve Fracking Methods

Exxon Mobil Corp. is betting that a better way to frack will double the amount of oil it can pump from shale fields.

David Wethe | Bloomberg News
June 1, 2023
Government, Technology, Equipment, Fuel

US, EU Agree on Heavy-Truck Charging Standard

The U.S. and European Union have agreed that when a megawatt charging standard is developed for heavy trucks, it must be universal.

Noël Fletcher | Staff Reporter
May 31, 2023
Government, Business, Equipment, Fuel

Stellantis’ Battery Plant Subsidy Likely to Top Volkswagen’s

Stellantis NV is likely to receive more in subsidies for a new electric vehicle battery plant in Canada than the $9.5 billion Volkswagen AG extracted for a similar project, says one expert.

May 31, 2023
Government, Fuel

Diesel Prices Slip 2.8¢ to $3.855

Diesel prices dropped 2.8 cents a gallon on average to $3.855, according to Energy Information Administration data May 30.

Dan Ronan | Senior Reporter
May 31, 2023
Business, Technology, Equipment, Fuel, TCA

Startup Verne Aims for Hydrogen Breakthrough in Trucking

San Francisco startup Verne is developing a lightweight hydrogen solution to power heavy-duty transportation. Co-founder Ted McKlveen talks about the company's plans.

John Woolfolk | The Mercury News
May 30, 2023
Business, Technology, Equipment, Fuel

Why Ford Chose Tesla for EV Partnership: It’s the Plug

Hours before Tesla Inc. and Ford Motor Co. announced their surprise charging partnership, Ford’s chief executive officer offered his take as to why the U.S. has been so slow to adopt electric vehicles.

Keith Naughton | Bloomberg News
May 30, 2023