GM will commit $625 million toward what’s likely to be one of the biggest U.S. lithium mines, reinforcing the automaker’s efforts to secure domestic supply of the battery metal critical for EVs.
October 16, 2024Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
US to Loan EV Battery Parts Maker $671M for Georgia Plant
The Biden administration is poised to loan nearly $671 million to Aspen Aerogels Inc. to make a key component of electric car batteries in the election battleground state of Georgia.
October 16, 2024Volvo Trucks Pushes Ahead With Electric Truck Goals
NASHVILLE, Tenn. — Volvo Trucks North America President Peter Voorhoeve reaffirmed Oct. 13 his commitment to lowering emissions with electric trucks even amid a slowing market.
October 15, 2024Toll Management Proves Helpful to Curb Mounting Fees
NASHVILLE, Tenn. — Tolls are a reality for many carriers, and handling the mounting fees associated with traveling through several regions of the country has become a cumbersome challenge.
October 15, 2024EV Chipmaker Wolfspeed Wins $1.5 Billion Financing
Wolfspeed, a manufacturer of chips used primarily in EVs, is in line to win $750 million in U.S. government grants as well as $750 million in financing led by Apollo Global Management.
October 15, 2024BMW CEO: EU Combustion Engine Ban Is ‘No Longer Realistic’
Europe’s plan to effectively ban the sale of combustion engine cars from 2035 will lead to a “massive shrinking” of its automotive industry, according to BMW AG CEO Oliver Zipse.
October 15, 2024How AI Is Transforming Trucking in the Wake of COVID
NASHVILLE, Tenn. — Trucking has become an early adopter of AI, contrary to historical trends. Samsara data shows 87% of operations leaders already use it, with most planning to increase investment.
October 14, 2024Freightliner Launches Fifth-Generation Cascadia
Freightliner launched a fifth-generation Cascadia on Oct. 15 after publicly showcasing it for the first time at American Trucking Associations’ Management Conference & Exhibition.
October 15, 2024Former Tesla Executive McNeill Starts Firm to Run ETFs
Former Tesla Inc. and Lyft Inc. executive Jon McNeill is launching a firm that will run exchange-traded funds that focus on artificial intelligence and electrification.
October 14, 2024Volvo Trucks Bolsters Maintenance Plan With AI
NASHVILLE, Tenn. — The Blue Service Contract AI models will act as an adaptive maintenance system that adjusts service intervals dynamically based on factors like fuel consumption, idle time and oil samples.
October 14, 2024