ACT Research reports combined, sales in the three-month period extended, but decreased the year-to-date gain, with the first five months of the year outpacing the same period in 2021 by 11% For the first five months of 2022, US and Canadian Class 8 natural gas truck retail sales rose 11% year-to-date against comparisons of the […]
Legislation currently includes 30% tax credit up to $40,000 on purchase of Hyliion Hypertruck ERX units Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, is pleased with the movement surrounding the Inflation Reduction Act of 2022, and its proposed legislation aiming to significantly reduce carbon emissions by […]
Transaction expected to yield annual cost savings of up to $350 million by 2026 Nikola Corporation (NASDAQ: NKLA), and Romeo Power, Inc. (NYSE: RMO), announced they have entered into a definitive agreement in which Nikola, a global leader in zero-emissions transportation and energy infrastructure solutions, will acquire Romeo, an energy technology leader delivering advanced electrification solutions for complex commercial vehicle […]
Public transit agencies in the Midwest selected the Allison eGen Flex™ for their buses, including IndyGo in Indianapolis, which celebrated the arrival of its first buses equipped with the electric hybrid propulsion Allison Transmission is pleased to announce the continued success of the next generation eGen Flex™ electric hybrid propulsion system, with several public transit […]
Green Hydrogen is focused on heavy transportation such as buses, transport trucks, trains, ships, and planes CyberFuels, Inc., a division of EncounterCare Solutions, ECSL, announced today that it has signed a Letter of Intent with an international energy company that has a new patented process for producing Green Hydrogen. This relationship will work in conjunction […]
Cummins’ investment will go toward developing larger-scale redox flow storage systems for commercial and agricultural enterprises and residential neighborhoods Cummins Inc. (NYSE: CMI), a global power technology leader announces an investment of $24M into VoltStorage, a leading technology company producing energy storage systems based on environmentally friendly redox flow technology. “Cummins is committed to developing […]
