electric truck

Business, Technology, Fuel

Ford’s Maverick Hybrid Pickup Truck Nearly Sold Out for 2022 Model Year

Ford’s Maverick Hybrid Pickup Truck Nearly Sold Out for 2022 Model Year 2022 Ford Maverick. (Ford Motor Company)

Ford Motor Co.’s new Maverick tiny truck is nearly sold out for the 2022 model year in its standard setup with a gas-electric hybrid propulsion system.

Keith Naughton | Bloomberg News
October 21, 2021
Business, Technology, Fuel

Ford Expands Electric-Truck Factory in Michigan as Demand Surges

Ford Expands Electric-Truck Factory in Michigan as Demand Surges Ford F-150 Lightning electric vehicle. (Al Drago/Bloomberg)

Ford Motor Co. is spending $250 million to expand its new factory producing the battery-powered F-150 Lightning as demand surges for the pickup truck, which goes on sale next year.

Keith Naughton | Bloomberg News
September 16, 2021
Business, Technology, Equipment

Eaton Develops 48-Volt Systems to Cut Emissions, Raise Fuel Efficiency

Eaton 48-volt inverter The low-voltage inverter (48 volts and less) changes direct current to alternating current. (Eaton Corp.)

Eaton Corp. announced a series of 48-volt technologies to assist its global on- and off-highway commercial vehicle customers transitioning from traditional 12- and 24-volt vehicle systems to improve fuel efficiency and reduce emissions.

Roger Gilroy | Senior Reporter
August 17, 2021
Business, Technology, Equipment

Dana Builds Its Way Into Expanding Commercial EV Market

Dana e-Drive Axle A Dana e-drive axle. Dana is aiming to become a $10 billion company over the next few years, with predicted growth in vehicle electrification. (Dana Inc.)

Tier One supplier Dana Inc. invested more than $400 million over the past three years to get its electrification product portfolio in shape as it aims for a revenue target of $500 million from that by 2023.

Roger Gilroy | Senior Reporter
June 2, 2021
Government, Business, Equipment, Fuel

DeJoy Embraces Electric Trucks Despite USPS Contract Award

Postmaster General Louis DeJoy testifies on March 11 Postmaster General Louis DeJoy testifies remotely during a House Appropriations subcommittee hearing on oversight of the U.S. Postal Service. (House Committee on Appropriations/YouTube)

Postmaster General Louis DeJoy, defending the selection of a gasoline-powered vehicle maker to build the next generation of U.S. mail trucks, said he envisions the service moving quickly to electric power.

March 11, 2021
Business, Technology, Fuel

Nikola Founder Trevor Milton to Give 50 Employees $233 Million of His Stock

Nikola Founder Trevor Milton said he would give away shares to 50 employees. Nikola Founder Trevor Milton speaks to TT Newsmakers host Dan Ronan for an episode called "The Evolution of Electric Trucks." (Transport Topics)

Trevor Milton, the founder and chairman of Nikola Corp., is giving the first 50 employees of the electric-truck startup 6 million of his own shares after making a promise when he hired them.

August 27, 2020
Business, Technology

Lordstown Motors Goes Public Following Reverse Merger

The Lordstown Motors Endurance electric pick-up is seen at a launch event in Ohio on June 25. The Lordstown Motors Endurance electric pick-up is seen at a launch event in Ohio on June 25. (Tony Dejak/Associated Press)

Lordstown Motors Corp., the electric-truck startup that stepped in to save a shuttered General Motors Co. factory in Ohio, will be listed on the Nasdaq and gain an infusion of $675 million through a merger with a publicly traded funding vehicle.

August 3, 2020
Business, Technology, Fuel

Nikola Gets Valued at $34 Billion Before Gain Is Wiped Out

Signage is displayed outside the Nasdaq Market Site in the Times Square area of New York on May 12. Signage is displayed outside the Nasdaq Market Site in the Times Square area of New York on May 12. (Demetrius Freeman/Bloomberg News)

Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp.

June 9, 2020
Government, Business, Technology, Fuel

Electric Truck Integration Poses Challenges for Fleets, Study Shows

NFI An eCascadia from DTNA's Freightliner brand, operated by NFI. (Daimler Trucks North America)

Many fleets are looking to integrate electric trucks into their operations but are stymied by a series of obstacles that will slow the shift from diesel vehicles.

Jerry Hirsch | Contributing Writer
May 11, 2020
Business, Technology, Fuel, Logistics

Amazon Plans 100,000-Electric-Vehicle Order From Rivian

Rivian Patrick T. Fallon/Bloomberg News

Amazon will buy 100,000 electric vans to assist with Prime deliveries, according to CEO Jeff Bezos, who made the announcement at the National Press Club in Washington on Sept. 19.

Jim Stinson | Staff Reporter
September 19, 2019

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