Tesla’s Wall Street Fans Turn Squeamish as EV Turmoil Mounts
Tesla Inc.’s support among Wall Street bulls is weakening with the lowest percentage of analysts since April 2021 recommending that investors buy the stock.
March 8, 2024Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Rivian Puts Georgia Factory Plans on Pause
Rivian Automotive is pausing plans to build a new multibillion-dollar factory in Georgia, an abrupt reversal aimed at cutting costs while the company prepares to launch a cheaper electric vehicle.
March 7, 2024Exxon Move May Delay Chevron-Hess Merger
Hess Corp. signaled its $53 billion agreement to be bought by Chevron Corp. may be delayed after ExxonMobil filed for arbitration to preserve its rights to a massive oil discovery off Guyana.
March 7, 202425 States File Suit to Block EPA Rule on Soot Pollution
WASHINGTON — A new EPA rule that sets tougher standards for deadly soot pollution faced a barrage of legal challenges March 6, as 25 Republican-led states filed lawsuits seeking to block it.
March 6, 2024Schumer Calls on FTC to Probe Wave of Oil Company Mergers
Senate Majority Leader Chuck Schumer called on the Federal Trade Commission to open a full investigation into a wave of acquisitions in the oil and gas industry, arguing that the consolidation threatens competition and could lead to higher prices.
March 6, 2024Cox Automotive Says Market Conditions Are Ideal for Fleets
NEW ORLEANS — The commercial vehicle market is expected to grow thanks to a supportive economy as certain technologies are adopted within the heavy-duty market, according to research.
March 6, 2024GM Collaborates to Produce Medium-Duty Hydrogen FCEV Trucks
General Motors' hydrogen fuel cell business is working on a $65 million pilot program for hydrogen-based work site products centered around medium-duty, fuel-cell powered trucks.
March 6, 2024Uber Partners With Revel to Expand Charging Network
Uber struck a partnership with EV ride-hailing startup Revel Transit to make charging stations in New York more accessible as it inches toward making all trips zero-emission by 2030.
March 6, 2024Hexagon Agility Plans January Expansion to Meet X15N Demand
NEW ORLEANS — Hexagon Agility plans to expand its manufacturing capacity next year to meet expected demand for Cummins’ upcoming X15N natural gas fueled engine, an executive said March 4.
March 5, 2024Cummins Details Revamped X15 Engine Lineup
Cummins Inc. executives recently detailed the plans for the company’s updated X15 engine platform, including how the so-called HELM fuel-agnostic architecture got its name.
March 5, 2024