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Business, Technology, Equipment, Fuel, Autonomous

Rivian’s Electric Truck Gets All the Attention, but Fate Is Tied to Amazon

Amazon Jeff Bezos speaks at the National Press Club in Washington. (Andrew Harrer/Bloomberg News)

On Oct. 1, Rivian shared new details of the Amazon deal in a filing with the U.S. Securities and Exchange Commission, revealing how closely its fate is tied to one of its biggest benefactors.

October 7, 2021
Business, Technology, Fuel, Autonomous

GM Vows to Surpass Tesla in Electric Vehicle Sales

A 2020 Chevrolet Silverado 1500 truck A 2020 Chevrolet Silverado 1500 truck. GM plans to unveil an electric Silverado pickup truck that can go 400 miles per charge. (Gene J. Puskar/Associated Press)

WARREN, Mich. — General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles, profitable gas-powered cars and trucks, and services such as an electronic driving system that can handle most tasks on the road.

Tom Krisher | Associated Press
October 6, 2021
Business, Technology, Equipment, Fuel

Volvo Wins Biggest Electric Truck Order

Volvo FM Volvo FM by Volvo Trucks

Volvo Trucks announced DFDS, one of Europe’s largest shipping and logistics companies, placed an order for 100 Volvo FM series electric trucks, and noted it is the truck maker’s largest such order and one of the largest of its type yet in trucking.

Roger Gilroy | Senior Reporter
October 6, 2021
Business, Fuel

California’s Offshore Industry Under Fire After Oil Spill

Oil that has washed up on the shores of Huntington Beach Oil that has washed up on the shores of Huntington Beach. (Ariana Drehsler/Bloomberg News)

California's worst oil spill in almost 30 years has drawn fresh scrutiny of aging offshore oil and gas infrastructure around the world, built decades ago back before fracking, horizontal drilling and shale made ocean drilling less economic.

October 5, 2021
Business, Technology, Fuel, Autonomous

LG Energy Strikes Battery-Metal Deal With Sigma Lithium

LG battery cell An LG Energy Solution Co. battery cell for electric vehicles at the InterBattery 2021 in Seoul, South Korea, in June. (SeongJoon Cho/Bloomberg)

LG Energy Solution, one of the world’s top electric-vehicle battery makers, has struck a supply deal with Sigma Lithium Corp. as demand for the metal soars.

Esteban Duarte | Bloomberg News
October 5, 2021
Business, Fuel, Logistics

Shipping Industry Group Aims for Net-Zero Emissions by 2050

containership Getty Images

BERLIN — The International Maritime Organization said Oct. 5 that its members will aim for “net-zero” carbon emissions by 2050, following a commitment to the same goal by the world’s airline industry a day earlier.

October 5, 2021
Government, Business, Fuel

Average Price of Diesel Surges 7.1¢ to $3.477 a Gallon

Trucks refueling at night Thinkstock

The national average price for diesel fuel soared 7.1 cents to reach $3.477 a gallon.

Roger Gilroy | Senior Reporter
October 4, 2021
Business, Technology, Equipment, Fuel

Cooper Tire Announces Fuel-Efficient Tire for Longhaul Fleets

Cooper RM 832 Roadmaster RM832+ EM by Cooper Tire

Cooper Tire’s Roadmaster brand unveiled a new tire for commercial longhaul fleets designed to balance fuel efficiency with long miles, the company announced Oct. 4.

October 4, 2021
Business, Technology, Fuel, Autonomous, TCA

GM’s Future EVs Get Range Boost With Wolfspeed Deal

Hummer EV GMC Hummer EV by GM

General Motors’ future electric vehicles will offer more range on a single charge and charge faster because of a new supplier agreement it announced with Wolfspeed Inc.

Jamie L. LaReau | Detroit Free Press
October 4, 2021
Government, Business, Technology, Safety, Fuel

NHTSA Rejects 2019 Petition to Probe Tesla Battery Software

Tesla charging A Tesla vehicle charges at a Tesla Supercharger site. (Chuck Burton/Associated Press)

The National Highway Traffic Safety Administration rejected a 2019 petition to open a formal investigation into Tesla Inc.’s battery management software, according to documents posted to the agency’s website.

Keith Laing | Bloomberg News
October 4, 2021