Fuel

Exxon Mobil and Chevron declined after disappointing first-quarter performances despite posting strong production gains in marquee oil projects in Guyana and the Permian Basin.

OAKLAND, Calif. — Hydrogen fuel cell technology holds significant promise for over-the-road trucking applications, but refueling with hydrogen can be complex, experts said at an event.

Tesla Inc.’s touted Class 8 Semi tractor is likely to begin rolling off the company’s Reno, Nev., production line late next year, according to a senior executive.

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading April 23 as the company said it would accelerate production of more affordable vehicles.

All Class 8 tractors rolling off VTNA and Mack Trucks production lines are set to depart manufacturing facilities with hydrotreated vegetable oil or renewable diesel in their fuel tanks.

The U.S. Department of Transportation announced grants for ports and supply chain corridors as part of the White House’s strategy for advancing a zero-emission freight landscape.

Navistar parent company Traton is standing firm in its belief that battery-electric trucks are the best alternative for trucking fleets looking to decarbonize their operations.

There are operational and environmental gains to be realized for fleets that favor renewable diesel fuel over battery-electric vehicles, according to a new ATRI study.

The national average diesel price dipped 2.3 cents to edge below $4 a gallon, according to Energy Information Administration data released April 22.

Electric vehicle upstart Rivian, which recently put on pause plans to build a Georgia factory, said in mid-April it is laying off more workers as it cuts costs to buttress its balance sheet.