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Factory Output Increases for First Time in Three Months

Production at U.S. factories increased in July for the first time in three months, propelled by a pickup in motor vehicle output that masked more mixed results in other categories.

August 16, 2022

Stellantis May Invest Billions to Make EVs in Mexico

Stellantis NV is considering renovating a plant in Mexico to build hybrid and electric vehicles as it transforms its lineup to meet surging demand for battery-powered transport.

August 12, 2022

Tesla, Nikola Race for Up to $40,000 Incentives

The Inflation Reduction Act would give up to $40,000 tax credits per heavy-truck purchase, suggesting that competition to get the Tesla Semi to compete with Nikola will heat up.

August 12, 2022

Rivian Leads EV Slump After Investors Shun Money Losers

Even a breakthrough U.S. climate bill designed to encourage sales of electric cars has failed to revive investor interest in Rivian Automotive Inc., as the risk-hungry traders who catapulted its shares to dizzying heights last year shun companies for whom profitability is still years away.

August 11, 2022

Daimler Truck Shrugs Off Supply Chain Issues With Rising Sales

Daimler Truck Holding AG overcame supply chain headwinds to increase unit sales during the second quarter of 2022, the company reported Aug. 11.

August 11, 2022

Hyliion Reports Increased Interests in Powertrain for Q2

Hyliion Holdings Corp. continued to build up orders for its premier electric powertrain system during the second quarter of 2022, the company reported Aug. 9.

August 10, 2022

Nikola CEO Mark Russell to Retire Jan. 1

Truck manufacturer Nikola Corp. has announced a leadership change that places a 20-year automotive industry veteran at its helm.

August 10, 2022

Bridgestone, Microsoft Collaborate on Tire Analytics

Bridgestone Corp. is renewing its collaboration with Microsoft to accelerate advanced tire analytics integration, the company announced Aug. 4.

August 8, 2022

Cummins Supplies Most Class 8 Engines in First Half

In the first half of 2022 independent engine maker Cummins Inc. supplied a leading 47,713 Class 8 diesel engines, or 35.5% of the 134,373 used, Wards Intelligence reported.

August 8, 2022

Lightning eMotors Sees Specialty CEVs as Next Frontier

Medium-duty electric commercial vehicles from box trucks to specialty applications are anticipated to play a large role as regulators and businesses turn to axing greenhouse gas and carbon emissions in the years ahead.

August 8, 2022