Technology

November U.S. retail sales of Classes 4-7 trucks overall fell 2.5%. It was the second-smallest decline this year, which so far has posted only one positive month compared with a year earlier, Wards Intelligence reported.

The North American Council for Freight Efficiency said fuel efficiency in Class 8 trucks participating in its annual fleet study from 2018 to 2020 remained flat at 7.24 mpg after seven previous years of 2% annual increases.

Volvo Autonomous Solutions and freight broker Uber Freight announced a long-term strategic partnership to deploy Volvo’s autonomous transport network within Uber Freight’s marketplace.

Class 8 U.S. retail sales in November were the second-highest this year and continued the trend since May of monthly gains compared with a year earlier, Wards Intelligence reported.

Tesla Inc. shares are trading at their cheapest ever by at least one measure as the electric vehicle giant grapples with an array of challenges, from waning demand in China to investor concern over billionaire CEO Elon Musk’s priorities.

High-speed charging for electric vehicles could be on its way to becoming a mainstream convenience, available at grocery stores, apartment buildings and other locations many people frequent.

Freight mobility technology company Einride announced it secured $500 million in financing, including a Series C equity raise and a debt facility.

Vision Truck Group is the first certified electric vehicle dealer in the greater Toronto area for truck makers Volvo Trucks North America and Mack Trucks. Both are units of Volvo Group.

Texas Gov. Greg Abbott declared that a newly announced $4 billion green hydrogen production facility for mobility and other industrial markets will help the state retain its national leadership role in energy.

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