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Government, Business, Fuel

ATA, OOIDA Letter Strongly Opposes Cornyn’s Trucks-Only VMT Idea

ATA, OOIDA letter objecting to Sen. Cornyn's VMT tax on trucks idea Letter sent to leaders of the Senate Finance Committee. Full text below.

Trucking industry stakeholders continue to push back on Sen. John Cornyn’s suggestion of a nationwide transportation fee that would exclusively be levied on commercial vehicles.

Eugene Mulero | Senior Reporter
May 26, 2021
Business, Technology, Fuel

Ford CEO Farley Stokes Stock With His $30 Billion Bid in EV Race

Ford CEO Jim Farley. (David Paul Morris/Bloomberg News) Ford CEO Jim Farley. (David Paul Morris/Bloomberg News)

Ford Motor Co. CEO Jim Farley made a bold bid for electric supremacy May 26 by boosting his company’s bet on plug-in models by more than a third, to $30 billion, and promising to electrify virtually the entire lineup.

Keith Naughton | Bloomberg News
May 26, 2021
Government, Business, Safety, Fuel

Court Orders Shell to Cut Net Emissions by 45%

Donald Pols, right, celebrates the outcome of the verdict against Shell Donald Pols, right, director of Friends of the Earth Netherlands, celebrates the outcome of the verdict. (Peter Dejong/Associated Press)

THE HAGUE, Netherlands — A Dutch court on May 26 ordered Royal Dutch Shell to cut its carbon emissions by net 45% by 2030 compared with 2019 levels in a landmark case brought by climate activism groups, which hailed the decision as a victory for the planet.

May 26, 2021
Business, Technology, Equipment, Fuel

EV Charger Maker Tritium Going Public in SPAC Merger Deal

Tritium The interface of an electric vehicle charging point is seen at a Tritium manufacturing plant in Brisbane, Australia. (Ian Waldie/Bloomberg News)

Tritium, which makes fast chargers for electric vehicles, has reached an agreement to go public through a merger with blank-check company Decarbonization Plus Acquisition Corp. II.

Crystal Tse | Bloomberg News
May 26, 2021
Government, Business, Fuel, Logistics

Oil Wavers With Talks Resuming on Potentially Reviving Iran Deal

Oil storage tanks stand in Louisiana. (Luke Sharrett/Bloomberg News) Luke Sharrett/Bloomberg News

Oil was little changed as investors weighed talks of higher Iranian supply against the prospect of a continued recovery in demand.

May 25, 2021
Government, Business, Technology, Equipment, Fuel

Green Hydrogen Seen Fueling Heavy Trucks, Buses by 2030

The Nikola Two. (Nikola Motor Co.) The Nikola Two is one of a handful of prototype hydrogen-powered long haul trucks currently in development. (Nikola Motor Company)

Long heralded as the clean energy fuel of the future that will play a key role in decarbonization, attractive hydrogen prices could finally be in sight.

Krystal Chia | Bloomberg News
May 25, 2021
Business, Technology, Equipment, Fuel

Ford Pressured to Provide Path to All-Electric Future

Ford The Ford Electric F-150 Lightning pickup. (Bill Pugliano/Getty Images)

Riding a rising stock price, a splashy new model intro and a friendly presidential visit, new Ford Motor Co. CEO Jim Farley faces his biggest test yet: explaining his strategy for making the 118-year-old automaker relevant in the electric age.

Keith Naughton | Bloomberg News
May 25, 2021
Government, Business, Fuel, TCA

In California, Gas Taxes Are Rising While Repairs Are Lagging

Rush-hour traffic eastbound on the 91 freeway heading into the Inland Empire in Corona Rush-hour traffic eastbound on the 91 freeway heading into the Inland Empire in Corona. (Gina Ferazzi/Los Angeles Times via Tribune Content Agency)

Four years after the California Legislature boosted the gas tax in order to fix the state’s crumbling roads and bridges, California has spent billions and made some progress in repairs, but officials now say the funding is sufficient to complete less than half of the work needed.

Patrick McGreevy | Los Angeles Times
May 24, 2021
Government, Fuel

Diesel Up Slightly as Summer Travel Season Kicks Off

Tanker truck at a fueling station A tanker truck sits at a fueling station in Princeton, N.J. The national average price of diesel increased marginally after gaining 12.5 cents over the past three weeks. (Daniel Acker/Bloomberg News)

The national average price for a gallon of diesel nudged up just four-tenths of a cent to $3.253 a gallon, according to Energy Information Administration data released May 24.

May 24, 2021
Business, Technology, Fuel, Autonomous, TCA

For Tesla Owners, Colonial Pipeline Hack Was No Big Deal

A Tesla Model 3 A Tesla Model 3. Electric vehicle owners were spared the worry about trying to find gasoline in the Southeast and East after the Colonial Pipeline hack. (Tesla)

Automotive historians may look back on May 2021 as a tipping point in the evolution of electric vehicles.

Mark Kennedy | Chattanooga (Tenn.) Times Free Press
May 24, 2021

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