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Oil Demand Growth Faces Significant Headwinds

OilPrice

There were occasional exceptions, like the 2008-2009 recession and the demand slump from COVID-19, but global oil demand has increased at an average rate of about 1.2 From industrial development in China to population booms in emerging markets, the global appetite for oil kept expanding like clockwork. But a recent forecast from the U.S.

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EV Battery Maker Moves U.S. Headquarters to California

NGT News

where the company has operated since its founding in 2009. The company’s North and South American operations will be based there. Octillion also has relocated a battery manufacturing line from its previous facility in Hayward, Calif., With demand for […]. The post EV Battery Maker Moves U.S.

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School Fleet Running 100% Propane Autogas Buses at $1.68 Per Gallon

NGT News

In 2009, Indian River County School District began exploring alternative fuels in an […] The post School Fleet Running 100% Propane Autogas Buses at $1.68 Per Gallon appeared first on NGT News.

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New Flyer Unveils its Next-Generation Xcelsior Charge Transit Bus

NGT News

Based on North America’s first low-floor transit bus introduced by New Flyer in 1991, the Xcelsior was launched in 2009 with over 16,000 […]. New Flyer of America Inc., a subsidiary of NFI Group Inc., The post New Flyer Unveils its Next-Generation Xcelsior Charge Transit Bus appeared first on NGT News.

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Young Is Named President of Fontaine Modification

NGT News

Young has held leadership roles with the company since 2009 and had served as president of Fontaine Modification Heavy Truck Operations since 2014. Jamil Young has been promoted to president of Fontaine Modification, a leading commercial truck modification provider.

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Volvo Trucks’ SuperTruck 2 Exceeds Freight Efficiency Goals

NGT News

Department of Energy (DOE) that tasks OEMs with achieving a 100% freight efficiency improvement over their submitted 2009 baseline. Volvo Trucks North America has unveiled the company’s SuperTruck 2, a part of the public-private partnership with the U.S.

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Navistar’s Class 8 International SuperTruck II Shows Impressive Fuel-Efficiency Performance

NGT News

Navistar says the International SuperTruck II yields 16 miles per gallon fuel efficiency through hybridization and a 170% improvement in freight efficiency, among other advancements, over the 2009 baseline vehicle, its International SuperTruck I.

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