Tag Archives: fuel cells

Toyota Motor US Sales off -31% in December, +10.4% in 2021

Based on early sales reports, TMNA was the leading seller of electrified vehicles for the 22nd consecutive year with electrified powered vehicle – hybrids, plug-ins and fuel cells – at 583,697or +73.2% in 2021. EPV sales now make up one-quarter of total volume. There now are 18 total EPVs available in dealerships between both the Toyota and Lexus brands, the most among any automaker, with two more in showrooms by middle of 2022. Continue reading

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Nikola to Pay $125 Million to SEC on Fraud Charges

The SEC’s order says that “before Nikola had produced a single commercial product, Milton embarked on a public relations campaign aimed at inflating and maintaining Nikola’s stock price. Milton’s statements in tweets and media appearances falsely gave investors the impression that Nikola had reached certain product and technological milestones.” Continue reading

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Nikola and General Motors Partner! Nikola Badger Truck to be Engineered and Manufactured by GM

“We would rather work with them than against them,” said Nikola Founder and Executive Chairman Trevor Milton. Once again the latest linkup is an attempt to share the ruinously expensive costs of investment needed to provide 21st century mobility to a business that until a generation ago was essentially an outgrowth of the 19th century blacksmithing business. Continue reading

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Rolls-Royce, Daimler Truck to Develop Stationary Fuel-Cells

The Rolls-Royce Power Systems business unit plans to rely on these fuel-cell systems from the planned joint venture – as well as Daimler’s experience in the emergency power generators it develops and distributes for data centers under the MTU product and solution brand. Continue reading

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General Motors Revises 2015 Strategy to Slash Costs and Streamline Engineering as Market and Competition Toughen

General Motors (NYSE: GM) said this morning that it will accelerate its business plan, building on the strategy it laid out in 2015 that has resulted in lack-luster returns for shareholders. GM is acknowledging what most automakers hold private: the marketplace is moving faster than automakers. Continue reading

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GM Roughs in Choices for Autonomous Fuel Cells

General Motors in an active and thus far unsuccessful “pump up the moribund stock price with press releases” claims today that it will solve some of the transportation challenges created by natural disasters, complex logistics environments and global conflicts. The … Continue reading

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Toyota, 7-Eleven Japan to Study Fuel Cell Trucks

Fuel cell trucks, where the refrigeration/freezer unit, and the truck itself, are powered by fuel cells, will be introduced as refrigerator/freezer trucks for stores with the goal of reducing CO2 emissions. An energy management system, combining already-installed solar power generators will be introduced to enable greater energy conservation and CO2 emissions reduction. Continue reading

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GM and U.S. Army Expand Fuel Cell Development

General Motors and the U.S. Army Tank Automotive Research, Development & Engineering Center are increasing their collaboration in the development of hydrogen fuel cell technology Continue reading

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