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The EU wants to engage with the U.S., Ireland's Deputy Prime Minister Simon Harris said. “We should do that rather than having further announcements and then trying to respond.”

BYD can now add "charging as fast as refueling" to its marketing slogans, potentially helping it capture more market share from legacy automakers and direct rivals like Tesla.

Siemens plans to reduce its global head count by about 6,000 workers, including some in the EV charging business that is suffering from price competition and limited growth possibilities. 

International Motors parent company Traton Group will build vehicle software platforms with Mountain View, Calif.-headquartered software group Applied Intuition, the companies said.

HONG KONG — Hong Kong’s leader has waded into a controversy over a prominent conglomerate’s decision to sell its Panama Canal port assets to a consortium including American investment bank BlackRock, a deal that has angered Beijing.

The freight market experienced a 3% sequential tonnage increase in February as well as its second straight year-over-year gain, furthering optimism it is emerging from its recession.

Legislation that would restrict the federal government from permitting states to limit sales of vehicles with internal combustion engines was recently introduced in the U.S. Senate.

People who live near ports fear that $3 billion earmarked from President Joe Biden's infrastructure law to boost electrification in order to reduce pollution will be canceled.

President Donald Trump’s tariff campaign is likely to worsen inflation and raise the bar for Japanese companies to invest in the U.S., says the chair of the Japan External Trade Organization.

EVs can help reduce emissions in the transportation sector, the nation’s largest source of greenhouse gas emissions, but they also mean less gas tax revenue in government coffers.