AB InBev is on track to reach its 2025 100% renewable energy goal in 2021. This Ffireside chat from the North American Supply Chain Summit covers the company’s sustainability efforts across the entire supply chain.
QuantumScape, a producer of solid-state lithium batteries, has announced a major breakthrough that enables batteries to get an 80% charge in as little as 15 minutes.
The European Commission has released its Sustainable and Smart Mobility Strategy. Massive investments and infrastructure are needed to meet the EU Commission’s sustainability milestones.
Few doubt that Tesla (TSLA) has deep pockets, but some wonder whether the electric vehicle company should bite the bullet and abandon one of its most highly anticipated but long delayed product offerings: the futuristic Tesla Semi truck. “Tesla should drop or spin off its Semi efforts to someone else,” said Michael Ramsey, a Gartner […]
General Motors is not playing games when it comes to EV expansions. GM’s next move? Offering buyouts for Cadillac dealers who don’t want to invest in the necessary EV upgrades.
The inside-out design of Canoo electric delivery vehicle means it could have many appearances as public trading for the $600 million SPAC-sponsored startup nears.
Canadian electric truck and bus manufacturer The Lion Electric Company expects to list on NYSE and raise $500 million after combining with blank check company though a SPAC merger.
While critics who oppose the USMCA believe this deal will ultimately disincentivize automotive companies to keep manufacturing facilities in North America due to an increase in production costs, there are strong country-of-origin protections in place that we believe will intensify North American automotive production.
Protestors blocking ports and rail ramps in the Mexican state of Michoacán are disrupting Kansas City Southern de Mexico’s operations and damaging Mexico’s economy.
Ford’s electric Transit van will have a base price of $45,000 when it hits dealer shelves in 2022, and reportedly be 40% cheaper to maintain.
The C-1000 electric delivery van from Workhorse Group can travel 160 miles on a single charge.
Dana Inc. sales rose 85% above second quarter as most markets rebounded from COVID pandemic. The company also invested in a maker of electric vehicle software.
Tesla (NASDAQ:TSLA) reported third-quarter revenue of $8.77 billion, a year-over-year increase of 39%. The total from the company came in higher than estimates of $8.26 billion. Automotive revenue was $7.6 billion. “This was achieved mainly through substantial growth in vehicle deliveries as well as growth in other parts of the business,” the company said in […]
The Western States Hydrogen Alliance will focus on maximizing rollout of hydrogen fuel cell electric technology across multiple commercial sectors in 13 Western states.
S&P Global Ratings extended its bullish appraisal of electric vehicle maker Tesla (NASDAQL TSLA), upgrading the company’s debt rating from B+ to BB-. The raise puts the electric automaker just two notches from “investment grade” ratings. “The stable outlook reflects our view that Tesla’s competitive position remains solid and its credit metrics will stay in […]
In today’s edition of The Daily Dash, double-digit rate increases are coming, the FMCSA will listen to complaints about brokers, and which states are the worst for truck drivers in bad weather?
Ryder and ABB executives explore why the adoption of electric vehicles is coming first to the last mile during FreightWaves’ Last Mile Logistics Summit.
California Gov. Gavin Newsom signed an executive order Wednesday that aims to end the sale of new gasoline- and diesel-powered passenger cars in the state by 2035. Many heavy-duty trucks on the road would need to be zero-emission by 2045. Newsom said in a statement the ambitious order would reduce greenhouse gas pollution that contributes […]
Tesla’s new 4680 battery is the automaker’s big breakthrough in the company’s quest to create a more affordable electric car, officials said.
The fallout at Nikola could place additional scrutiny on new public offerings and nontraditional special purpose acquisition companies.
