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

Velocity Buys 200 Battery-Electric Trucks for Rental Fleet

Velocity Truck Rental & Leasing is adding 200 battery-electric trucks to its commercial truck rental and full-service truck leasing business, the company announced March 22.

March 27, 2023
Business, Technology, Equipment, Fuel

Ford: Tennessee EV Plant Could Make 500,000 Trucks a Year

Ford Motor Co. projects its electric F-Series pickup factory under construction in Tennessee will ultimately produce half a million trucks a year, about 40% more than the company forecast in November.

Keith Naughton | Bloomberg News
March 24, 2023
Government, Business, Technology, Fuel

Congressional Democrats Push Back on GOP’s Energy Agenda

As House Republicans prepare to consider a comprehensive energy proposal, the leader of the U.S. Senate insisted that the legislative package would not advance to the president’s desk.

Eugene Mulero | Senior Reporter
March 23, 2023
Government, Business, Technology, Equipment, Fuel

New Trucking Coalition Focuses on Clean Energy

A broad-based group representing motor carriers, truck manufacturers and truck dealers has launched a coalition intended to serve as a voice for key trucking industry stakeholders.

Eric Miller | Senior Reporter
March 23, 2023
Business, Equipment, Fuel

Renault Seeks Bank Pitches for Listing EV Arm

Renault SA is inviting investment banks to pitch for a role on the planned initial public offering of its Ampere electric vehicle business, according to people familiar with the matter.

March 23, 2023
Government, Business, Technology, Fuel

EV Battery Aid Hangs in Balance as US Finalizes Climate Law

The interpretation of a regulation by the Treasury Department could upend expectations for how tens of billions of dollars in new electric vehicle tax incentives will be distributed.

Tom Randall | Bloomberg News
March 22, 2023
Business, Technology, Equipment, Fuel

Cooking Oil Shortage Looms as Biofuels Gain Appeal

A global biofuel boom is set to drive a shortage of vegetable oils — used for cooking and now increasingly to power trucks and planes — intensifying a debate over food versus fuel.

Anuradha Raghu | Bloomberg News
March 22, 2023
Business, Technology, Equipment, Fuel

Ford Sees EV Losses Growing to $3 Billion in 2023

Keith Naughton | Bloomberg News
March 22, 2023
Government, Fuel

Diesel Sheds 6.2¢ to $4.185

The national average price of diesel continued its descent, sliding 6.2 cents to $4.185 a gallon in its seventh straight decline, according to Energy Information Administration data released March 20.

Noël Fletcher | Staff Reporter
March 20, 2023
Business, Technology, Equipment, Fuel

Tesla’s Vision of EVs Could Spur Magnet Race

Tesla Inc.’s ambition to remove rare earths from future models has producers in the sector reeling, but it also should spur global efforts to deliver alternatives for electric car motors that currently rely on the materials.

Annie Lee | Bloomberg News
March 20, 2023