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Business, Technology, Equipment, Fuel, Logistics

Lion Battery-Electric Trucks Bound for Amazon

Lion electric truck The Lion8 battery-electric truck, being used here to pick up waste. (Boivin Évolution via Facebook)

Lion Electric announced that it will deliver 10 Class 6 battery-electric vehicles to Amazon.com Inc., with the first two arriving this year.

September 25, 2020
Business, Technology, Equipment, Fuel

Mercedes-Benz Heavy-Duty eActros Set for Production in 2021

eActros The heavy-duty, battery-electric eActros. (Daimler Truck AG)

Mercedes-Benz Trucks announced series production of its heavy-duty battery-electric eActros model intended for distribution applications, is scheduled to start in 2021.

September 25, 2020
Government, Business, Fuel

Oil Dips in Wake of Renewed Concerns Over Virus Surge

Pipework and towers at an oil refinery in Poland. Pipework and towers at an oil refinery in Poland. (Bloomberg News)

Oil fell amid growing concerns that another wave of the coronavirus pandemic will lead to tighter lockdown measures and further stifle crude demand.

September 25, 2020
Government, Business, Technology, Equipment, Fuel

Mack Delivers LR Electric Refuse Truck to NYC

Mack LR The DSNY Mack LR Electric demonstration model will be based at DSNY’s Brooklyn North 1 garage. (Mack Trucks)

Mack Trucks announced it has delivered its heavy-duty LR Electric demonstration model to the New York City Department of Sanitation, which will put it through rigorous, real-world trials collecting refuse.

September 25, 2020
Business, Technology, Fuel

Nikola Gets First Sell Rating

Nikola One electric truck The Nikola One prototype. (Nikola Corp.)

Nikola Corp. got its first sell-equivalent rating, with the electric-vehicle startup downgraded to underperform from neutral at Wedbush, citing the loss of a driving force in founder Trevor Milton’s departure, and the threat posed to hydrogen fuel’s appeal by Tesla Inc.’s “eye-popping battery innovations.”

Kit Rees | Bloomberg News
September 24, 2020
Business, Technology, Fuel

Daimler Will Retool Century-Old Engine Plants in Electric Shift

Sunlight reflects in a Mercedes Benz logo on top of an office building in Berlin, Germany. Sunlight reflects in a Mercedes-Benz logo on top of an office building in Berlin, Germany. (Michael Sohn/Associated Press)

Daimler AG has entered discussions with its powerful German labor unions to convert key engine and transmission factories for the electric-car era.

Christoph Rauwald | Bloomberg News
September 24, 2020
Government, Business, Technology, Fuel

California Aims to End Sales of New Gas-Powered Cars, Trucks by 2035

California Gov. Gavin Newsom tours the Building Resilience Center in Paradise, Calif. California Gov. Gavin Newsom urged state residents to "pull away from the gas pumps." (Carin Dorghalli/The Chico Enterprise-Record via AP)

California will aim to halt sales of new gasoline-powered passenger cars and trucks by 2035, Gov. Gavin Newsom announced Sept. 23, a move he says would cut greenhouse gas emissions by 35% in the nation’s most populous state.

Adam Beam | Associated Press
September 23, 2020
Business, Technology, Fuel

VW Aims to Turn Legions of SUV Buyers Into Electric Converts

A VW ID.4 stands in a street during a presentation in Germany on July 29. A VW ID.4 stands in a street during a presentation in Germany on July 29. (Sebastian Kahnert/dpa via AP)

Volkswagen AG is setting a high bar for the first electric vehicle it will build around the globe.

Gabrielle Coppola | Bloomberg News
September 23, 2020
Government, Business, Fuel

Oil Pares Gains as Stocks Slip on Fed Warnings on Economy

Oil pumping jacks operate in a Russian oilfield on Aug. 16. (Andrey Rudakov/Bloomberg News)

Oil pared its advance Sept. 23 as stocks fell on the latest warnings from Federal Reserve officials about the economic outlook due to the coronavirus.

September 23, 2020
Business, Technology, Equipment, Fuel, Autonomous

Elon Musk Says Tesla Plans $25,000 Autonomous EV in 3 Years

Tesla CEO Elon Musk on stage at September 2020 shareholders meeting Tesla CEO Elon Musk speaks from the stage during an outdoors shareholders meeting Sept. 22, 2020. (Tesla via YouTube)

Tesla Inc. plans to manufacture a car that will cost $25,000 in about three years’ time, fulfilling an elusive long-term objective to sell a cheap mass-market electric vehicle, Chief Executive Officer Elon Musk said Sept. 22.

Dana Hull and Akshat Rathi | Bloomberg News
September 22, 2020

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