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BMW AG remains bullish on battery-powered electric vehicles in the U.S., even though it’s expecting the sector’s market share gains to slow.

Cruise LLC, the autonomous vehicle unit owned by General Motors Co., is cutting 24% of its workforce, extending a sweeping overhaul of the business after dismissing nine top executives.

SAN ANTONIO — Rush Enterprises technician Michael French was named grand champion by his company during a vehicle maintenance competition Dec. 12.

Maine environmental regulators will decide next week whether the state should join others in adopting California-style regulations to limit the sale of new gas-powered vehicles.

New York state economic development incentives helped persuade Whiting Door Manufacturing Corp. to invest $4 million to expand its Akron facility. 

SAN ANTONIO — Rush Enterprises technician Paul Crawford advanced to the final round in the company’s annual technician challenge, hoping to defend his grand champion title.

Ford Motor Co. is cutting 2024 production goals in half for its F-150 Lightning plug-in pickup truck — its signature electric vehicle — due to slowing demand for battery-powered models.

New York will spend $1 billion to expand research into chip technology in Albany, hoping to make the region a center of chip research and manufacturing, Gov. Kathy Hochul announced Dec. 11.

Automotive giant General Motors is to team up with Birmingham, Ala-based Autocar Industries to develop a range of hydrogen fuel cell-powered heavy-duty vocational trucks, the companies said.

Our Next Energy Inc., a battery startup hoping to rival China with vital energy storage technology, has replaced founder and CEO Mujeeb Ijaz as it faces a failed funding round and cash crunch.