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WASHINGTON — Two big South Korean electric vehicle battery makers have settled a long-running trade dispute that will allow one company to move ahead with plans to manufacture batteries in Georgia. President Joe Biden called it “a win for American workers and the American auto industry.”

LG Chem Ltd. plans to invest $4.5 billion in the U.S. by 2025 and hire 10,000 workers to expand battery capacity.

South Korean petrochemicals maker LG Chem Ltd. will split off its electric-vehicle battery business into a separate entity, seeking to carve out value as global EV demand increases.

Commercial trucking is making progress with sustainability, but obstacles and unknowns remain, according to a coalition of industry groups.

The battery-electric cabover Nikola Tre model will be the first Class 8 off the assembly line at Nikola's manufacturing facility in Coolidge, Ariz.

VectoIQ Acquisition Corp.’s stockholders on June 2 voted in favor of the previously announced business combination with Nikola Corp., a startup manufacturer of zero-emission heavy-duty trucks.

Automakers from Tesla Inc. to Ford Motor Co. are developing ever-sleeker, futuristic-looking electric cars. Volvo AB has something a little different in the race: the battery-powered garbage truck.

The North American Council for Freight Efficiency forecasts commercial battery-electric vehicles and fuel cell trucks will be capable of lower total cost of ownership, compared with baseline diesel trucks, in the 2030 time frame.

Nikola Corp., Iveco and FPT Industrial announced they have begun development of their joint venture’s first truck: the battery-electric Nikola TRE.

The California Air Resources Board has proposed a regulation requiring that manufacturers sell a set percentage of zero-emissions battery-electric and fuel cell trucks beginning with model year 2024.