Commercial Vehicles – The News Desk

Electric Mandates Have California Truckers Charging Overtime

29Dec

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World

Electric Mandates Have California Truckers Charging Overtime

Dec. 29, 2023 12:52 pm ETCompton, Calif.Electric trucks are supposed to save the world, but they’re wasting Mike Stanley’s time. Mr. Stanley, a longtime trucker whose rectangular beard flows down to his chest, now leads operations in the main Los Angeles office of IMC, a Tennessee-based drayage trucking company that carries cargo to and from U.S. ports and rail yards. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Tesla Cybertruck Deliveries to Begin Today. How Much Will it Cost?

30Nov

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Tesla Cybertruck Deliveries to Begin Today. How Much Will it Cost?

Updated Nov. 30, 2023 3:13 pm ETAfter a two-year delay, Tesla is finally ready to start delivering its first Cybertruck pickups to customers.The big questions now for those who have endured the wait: How much will it cost and how far can it travel on a single battery charge?Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

20Nov

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World

Auto & Transport Roundup: Market Talk

The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1321 ET – Nikola’s departing finance chief Anastasiya Pasterick is heading to another hydrogen-powered vehicle company. Universal Hydrogen, a private company developing hydrogen-powered aviation, announces it has hired Pasterick as CFO. Nikola has faced a flurry of executive changes this year and said in a regulatory filing Friday that Pasterick would resign after several months in the CFO role. Universal Hydrogen notes Pasterick’s prior involvement with Nikola’s SPAC merger which took the company public in 2020 and her experience helping with the IPO of nLIGHT. Nikola shares drop 3.9% to $1. (ben.glickman@wsj.com; @benglickman)Copyright ©2023 Dow ...

Ford Considers Cutting Shift at F-150 Lightning Pickup Plant, UAW Memo Says

13Oct

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Ford Considers Cutting Shift at F-150 Lightning Pickup Plant, UAW Memo Says

Ford Motor is considering cutting a work shift at the plant where it builds its electric F-150 Lightning pickup as demand for the EV truck falters, according to a memo from a United Auto Workers official. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Volvo, Renault, CMA CGM to Produce Electric Vans

6Oct

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Volvo, Renault, CMA CGM to Produce Electric Vans

Volvo and Renault will launch a new company, which CMA CGM plans to join, with creation expected in early 2024, and which will operate under its own corporate identity and be based in France.

19Sep

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ESG Roundup: Market Talk

Find insight on Nikola, the growing risks from extreme heat and flooding, the cyberattack against Clorox and more in the latest Market Talks covering ESG Impact Investing.

29Aug

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Q&A With Volvo Group’s Karin Svensson

Volvo Group is a global company in one of the hardest to decarbonize sectors: It makes trucks, buses and construction and marine equipment, but not passenger cars. The Swedish heavy transport group generated 287 million metric tons of CO2 equivalent last year—almost 95% of that generated by the use of its products—but it aims to have net zero emissions by 2040.In charge of that lift is Karin Svensson, the company’s chief sustainability officer. The 23-year veteran of the company took time out to talk about the broad electrification of transport, the complexity of decarbonization, the one carbon-heavy habit she can’t quit (yet) and the difficulties of meeting net-zero goals that depend on multiple parties for EV incentives and i...

19Jul

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Volvo Raises Full-Year Market Outlook

Volvo reported a rise in adjusted operating margin to 15.4% in the second quarter, while deliveries rose 5%, and the company raised its 2023 market forecast for Europe and North America.

EV Startup Lordstown Files for Bankruptcy

27Jun

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EV Startup Lordstown Files for Bankruptcy

The electric-truck maker was once cheered by investors during the SPAC boom and lauded by former President Donald Trump as a savior for a closed GM factory in Ohio.