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Trump Tariffs to Raise Bar to Invest in US, JETRO Says
President Donald Trumpâs 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.
March 18, 2025With Fuel Tax Revenue Down, States Seek Ways to Fund Roads
EVs can help reduce emissions in the transportation sector, the nationâs largest source of greenhouse gas emissions, but they also mean less gas tax revenue in government coffers.
March 18, 2025CATL, Nio Sign $346M Deal to Expand Battery-Swapping Grid
The worldâs largest battery manufacturer, CATL, has agreed to invest up to $346 million in building out a battery-swapping network across China in collaboration with EV maker Nio.
March 18, 2025Luminar Stock Jumps as Viral Video Backs Its Tech Over Tesla
In the video, which has drawn more than 11 million views since it was published to YouTube on March 15, Mark Rober runs six tests assessing Luminar's lidar technology against Teslaâs system.
March 17, 2025Volkswagenâs Audi Will Cut 7,500 Jobs in Germany by 2029
The reductions, which correspond to 14% of the brandâs German workforce, wonât affect factory workers. âAudi must become faster, more agile and more efficient,â said CEO Gernot Döllner.
March 17, 2025Low-Rolling-Resistance Tires Gain Traction in Trucking
Significant technological advances in recent years have helped to increase demand for LRR tires. âTheyâre just making the tires better and better all around,â one trucking executive said.
March 17, 2025BYD Unveils Battery System That Charges EV in 5 Minutes
BYD unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel.
March 17, 2025Daimler Truck Eyes Reset as Steady DTNA Awaits OTR Rebound
Daimler Truck North America had a steady fourth quarter of 2024 and full year, but the rest of Daimler Truck is set for a substantial reorganization and strategy revamp.
March 14, 2025Nikolaâs Bankruptcy Sale Nears Critical March 17 Deadline
If no suitable bids arrive by the stalking horse deadline, court documents indicate that an auction will take place April 7. The court said it would make public the results on April 10.
March 14, 2025