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

GM Passes Ford in Q1 EV Sales, Still Trails Tesla

DETROIT — General Motors rode strong first-quarter sales of the Chevrolet Bolt to bump crosstown rival Ford out of second place in the U.S. electric vehicle sales race.

April 4, 2023
Business, Equipment, Fuel, TCA

Ford Sales Up 10.1% in Q1

Ford Motor Co.’s sales rose 10.1% year-over-year in the first quarter, lifting the Blue Oval to the best-selling brand — but not manufacturer — in the country for the January-March period.

Jordyn Grzelewski | The Detroit News
April 4, 2023
Business, Technology, Equipment, Fuel, TCA

GM’s BrightDrop Ships First 500 EV Vans From Ontario

BrightDrop has shipped the first 500 electric delivery vans out of CAMI Assembly in Ontario, Canada, that opened three months ago, the company said April 3.

Kalea Hall | The Detroit News
April 4, 2023
Business, Technology, Equipment, Fuel

Geely: All Options Open on Volvo Stake After Daimler Sale

Volvo AB’s second-largest shareholder, Geely, said while it’s not currently planning any changes to its position, “anything is possible” in the future.

Rafaela Lindeberg | Bloomberg News
April 4, 2023
Government, Business, Fuel

Diesel Down to $4.105 Following Ninth Straight Decline

The national average price for diesel fell for a ninth consecutive week, slipping 2.3 cents to $4.105 a gallon, according to data released April 3 by the Energy Information Administration.

April 3, 2023
Government, Business, Equipment, Fuel

EV Tax Credit Rules Leave Carmakers in the Dark — Again

Automakers who are waiting for the U.S. Treasury Department to help them figure out which of their cars are eligible for lucrative electric-vehicle tax credits will have to keep waiting.

April 3, 2023
Government, Business, Fuel

Oil Surges After OPEC+’s Shocking Production Cut

Oil rallied the most in more than a year after OPEC+ unexpectedly announced output cuts that threaten to tighten the market and deliver a fresh inflationary jolt to the world economy.

Julia Fanzeres | Bloomberg News
April 3, 2023
Government, Business, Equipment, Fuel, Breaking News

EPA OKs California Rules Phasing Out New Diesel Trucks

The U.S. Environmental Protection Agency has granted California environmental regulators waivers to officially move forward with the agency’s aggressive plans to transition diesel trucks to electric vehicles and expand the length of truck warranties.

Eric Miller | Senior Reporter
March 31, 2023
Government, Business, Technology, Equipment, Fuel

Tesla Pursues US Battery Plant With China’s CATL

Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric vehicle battery manufacturer.

March 30, 2023
Business, Technology, Equipment, Fuel, TCA

How a Georgia Plant Helps Solve a Huge EV Supply Chain Kink

COVINGTON, Ga. — Ascend Elements takes spent lithium-ion batteries and scrap from EV battery makers and grinds them to dust, salvaging minerals for reuse in new EV power sources.

Zachary Hansen | The Atlanta Journal-Constitution
March 30, 2023