Fuel

About Fuel News...
Government, Business, Fuel

Biden Signs Ambitious Climate Change Orders

Oil rigs near Artesia, N.M. (Jeri Clausing/Associated Press) Oil rigs near Artesia, N.M. (Jeri Clausing/Associated Press)

WASHINGTON — In the most ambitious U.S. effort to stave off the worst effects of climate change, President Joe Biden issued executive orders Jan. 27 to cut oil, gas and coal emissions and double energy production from offshore wind turbines.

January 27, 2021
Business, Technology, Equipment, Fuel, Autonomous

Nikola Backer Luxor Invests in European Electric Truck Startup

Volta A Volta vehicle. (Volta Trucks)

Nikola Corp. backer Luxor Capital Group LP is investing in European electric truck startup Volta Trucks AB to help the company scale its manufacturing and expand into North America and Asia.

Siddharth Philip | Bloomberg News
January 27, 2021
Business, Technology, Fuel, Breaking News, Top 100

Navistar, GM Cooperate on Fuel Cell System for Class 8 in 2024

International Series RH truck An International RH Series truck. (Navistar Inc.)

Navistar Inc. announced it intends to produce a zero-emission longhaul truck using fuel cell systems supplied by General Motors and will have an International RH Series FCEV model commercially available in 2024.

Roger Gilroy | Senior Reporter
January 27, 2021
Government, Business, Fuel

Biden to Require Electric Trucks at USPS, Federal Agencies

A USPS mail truck (Bing Guan/Bloomberg News) USPS trucks like these could be replaced by electric vehicles under an order by President Biden. (Bing Guan/Blooomberg News)

President Joe Biden is preparing an executive order to marshal the federal government’s purchasing power by requiring that federal agencies — including the U.S. Postal Service — buy clean vehicles and renewable power, according to three people familiar with the matter, though the timing of the announcement isn’t clear.

January 26, 2021
Business, Technology, Fuel, Autonomous, Top 100

U.S. Xpress Latest to Invest in TuSimple

U.S. XPress truck/TuSimple logo Main photo by U.S. Xpress Enterprises

U.S. Xpress Enterprises Inc. announced it made a “significant” investment in autonomous trucking company TuSimple and that CEO Eric Fuller was named to TuSimple’s executive advisory board.

Roger Gilroy | Senior Reporter
January 26, 2021
Government, Business, Fuel

Biden to Pause Oil Drilling on Public Lands

President Joe Biden by Evan Vucci/Associated Press President Joe Biden by Evan Vucci/Associated Press

WASHINGTON — President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on U.S. lands, as his administration moves quickly to reverse Trump administration policies on energy and the environment and address climate change.

January 26, 2021
Business, Technology, Fuel

EV Charging Firm FreeWire Closes $50 Million Funding Round

EV Alex Kraus/Bloomberg News

FreeWire Technologies Inc., an electric vehicle charging and power startup, has raised $50 million in a Series C funding round.

Crystal Tse and Ed Ludlow | Bloomberg News
January 26, 2021
Government, Business, Fuel

Diesel Up 2¢ in 12th Consecutive Increase

Trucks near Mobil gas station Daniel Acker/Bloomberg News

The Energy Information Administration reported Jan. 25 the national average price of diesel rose by two cents to $2.716 a gallon.

Dan Ronan and Connor D. Wolf | Staff Reporters
January 25, 2021
Business, Technology, Fuel

DTNA, SoCal Edison, Schneider Cooperate on Electric Truck Expansion

DTNA Freightliner eCascadias. (Daimler Trucks North America)

Daimler Trucks North America announced Southern California Edison, the primary electricity supply company for much of Southern California, used a Freightliner eCascadia from DTNA to deliver an electrical transformer to a Schneider terminal in Los Angeles.

January 25, 2021
Business, Fuel

Elon Musk’s SpaceX Plans to Drill for Natural Gas Near Texas Launchpad

SpaceX's Starhopper rocket sits at the company's launch site in Texas in September 2020. SpaceX's Starhopper rocket sits at the company's launch site in Texas in September 2020. (Veronica G. Cardenas/Bloomberg News)

Elon Musk recently moved to Texas, where he launches some of his rockets and is building a battery factory. Now, for good measure, he plans to drill for natural gas in the state.

Sergio Chapa | Houston Chronicle
January 22, 2021

Pages