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Polestar Automotive Holding UK Plc is making more cost cuts after losses deepened in the first quarter as tariff barriers grow and price pressures increase for electric vehicle makers.

Northvolt AB may slow its battery projects, the latest in a line of industry reassessments after the transition to electric cars cooled.

WASHINGTON — The Biden administration said July 2 that it was providing $504 million in implementation grants for a dozen technology hubs nationwide.

DETROIT — Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company’s products.

Outdated fleet software puts your company at risk of cyberattacks. One breach can cripple operations and finances. Download the National Motor Freight Traffic Association Inc.’s (NMFTA)™ whitepaper to learn about new threats, vulnerabilities, and solutions for securing your legacy systems.

The U.S. Chamber of Commerce has filed a “friend of the court” brief with the Texas Supreme Court asking the court to reject a $100 million lower-court jury verdict against Werner Enterprises.

Switching to renewable diesel has enabled Amtrak to replace about 2 million gallons of fossil fuel during the past fiscal year and move closer to its goal of achieving zero emissions.

Renault SA pledged to reduce its battery costs by around 20%, in a bid to remain competitive by adopting a cheaper cell chemistry and new production processes for electric vehicle components.

OPEC’s crude production remained steady for a third month, while some key members continued to pump above agreed limits.

A gauge of global sea transport is heading for its biggest annual jump since 2010 after attacks in the Red Sea have forced ships to travel longer distances.