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Ford Q4 Earnings Preview: EV Tax Credit, Tariffs Could Reshape Auto Giant's Future
Tuesday, February 4, 2025 - 3:17pm | 633Automotive giant Ford Motor Company (NYSE:F) could highlight how the new White House administration is changing focus on business lines when the company reports fourth-quarter financial results after market close Wednesday. Earnings Estimates: Analysts expect Ford to report fourth-quarter revenue...
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Tesla Semi To Get A Japanese Challenger As Isuzu Motors Gears Up To Launch Compact Electric Trucks In North America In Anticipation Of Tighter Emissions Regulations
Wednesday, July 31, 2024 - 7:00am | 569Isuzu Motors Ltd. (OTC:ISUZY) is set to introduce compact electric trucks in the U.S. market, ahead of the impending stringent CO2 emission regulations. What Happened: Isuzu Motors is gearing up to launch locally assembled compact electric trucks in North America from August, reported Nikkei on...
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Trump Praises Electric Vehicles, Elon Musk In One Speech; Blames EVs For Destroying Bridges In Another
Monday, June 10, 2024 - 12:55pm | 779The growth of the electric vehicle sector could find itself as a talking point between Donald Trump and President Joe Biden in debates and the lead-up to the 2024 presidential election. While Trump has spoken negatively of electric vehicles in the past, recent comments show a slight shift in pace....
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17 States Sue to Block California's Advanced Clean Fleets Rule
Wednesday, May 15, 2024 - 12:47pm | 1457A group of states that loosely parallels those that filed suit last year to stop California's Advanced Clean Trucks (ACT) rule have taken similar action against the state's Advanced Clean Fleets (ACF) rule, seeking to stop the ACF while it awaits a waiver from the Environmental Protection Agency....
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Nikola Racks Up Over 200 Orders For Hydrogen Trucks: Can It Turn Fortunes Around?
Thursday, August 3, 2023 - 5:50am | 486Nikola Corporation (NASDAQ:NKLA) said on Thursday it had amassed more than 200 sales orders for its Class 8 hydrogen fuel cell electric vehicles, as announced via its HYLA brand. Nikola said its hydrogen-powered heavy-duty trucks, with a range of up to 500 miles and a...
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Nikola Says Its Regained Nasdaq Listing Compliance — The Delisting Matter Is 'Now Closed'
Thursday, June 29, 2023 - 11:15pm | 476Electric truck maker Nikola Corp (NASDAQ:NKLA) said on Thursday that it has regained compliance with Nasdaq listing rules pertaining to minimum stock price. What Happened: The company said that it received a written notice from Nasdaq stating that from June 14 to 28, the closing bid price of...
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Rivian Heads In The Right Direction: Anaysts Lower Price Targets, Remain Cautiously Optimistic
Thursday, November 10, 2022 - 12:29pm | 663Electric vehicle Rivian Automotive (NASDAQ: RIVN) recently shared updates on production on the heels of its third-quarter financial results. Here are the reactions from analysts: Wedbush analyst Daniel Ives has an Outperform rating and lowers the price target from $45 to $37. D.A. Davidson analyst...
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Rivian Q3 Earnings Highlights: Revenue Miss, Production Up 67% QoQ, Reaffirms 25,000 Production Goal For Year And More
Wednesday, November 9, 2022 - 5:58pm | 434Electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) reported third-quarter financial results after market close Wednesday. Here are the key highlights. What Happened: Rivian reported third-quarter revenue of $536 million, missing a Street estimate of $551.6 million according to data from...
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Electric Vehicle Market Opportunity Could Be $53 Trillion By 2050 With Net Zero Carbon Neutrality: Report
Wednesday, June 8, 2022 - 2:10pm | 556The global road transportation market could hit carbon neutrality by the year 2050, according to a new analysis of the electric vehicle market by Bloomberg. Here are the key takeaways from the report. What Happened: In 2021, electric vehicles had market shares of 1% for vans and trucks, 9% of...
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This Tesla Rival Confirms Making Its First Semi Truck, Targets Up To 500 Deliveries This Year
Thursday, March 24, 2022 - 1:15am | 448Nikola Corp (NASDAQ: NKLA) said on Wednesday it had started production of its first semi-trucks earlier this week, sending shares of the electric truck maker higher after the bell. What Happened: Nikola plans to begin deliveries for the electric Tre semi-truck in the U.S....
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EV Maker Volta Trucks Raises $43.5M In Series B Funding, Announces 2,500 Pre-Orders
Thursday, September 16, 2021 - 5:06am | 344Volta Trucks, a leading electric truck company, announced receiving new funding and shared an update on order numbers Thursday morning. What Happened: The Swedish electric vehicle company said it had raised EUR 37 million ($43.58 million) in a Series B funding round. Luxor Capital...
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Embark Knits BYD Electric Trucks With Its Autonomous Tractors For Cleaner Air
Tuesday, September 14, 2021 - 10:42am | 857Autonomous software developer Embark Trucks is coordinating HP Inc.'s use of BYD Class 8 battery-electric trucks (BETs) to pick up and drop off loads of computer products where Embark's supervised autonomous trucks can take over for freeway transit. The pilot project is an extension of Embark's...
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Locomation's Autonomous Truck Platform Promises Serious Cost, Emissions Savings
Friday, September 3, 2021 - 3:19pm | 893Carrier profitability is tight. The driver shortage is worsening. Sustainability efforts are in the spotlight with a focus on the greening of commercial transportation. Trucking industry insurance rates continue to climb due to fatal accidents and costly verdicts. While there are technological...
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Nikola Licenses Bosch Fuel Cells For Module Assembly In Arizona
Thursday, September 2, 2021 - 12:46pm | 780Nikola Corp. is going all-in on hydrogen fuel cells with Bosch Group, licensing the German supplier's technology to assemble modules for Class 7 and Class 8 heavy-duty electric trucks at its new plant in the Arizona desert. The agreements cast doubt on the last vestige of a memorandum of...
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Convoy Survey: Trucking Divided On Sustainability, Climate Change
Thursday, September 2, 2021 - 10:41am | 896A survey released Tuesday by Convoy found that U.S. trucking companies are very open to sustainable solutions that save money and reduce emissions, but there are still conflicting views on climate change and environmental regulations. The digital freight network surveyed about 600 small and...