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California-based carrier Nevoya raised $9.3 million in seed financing to bolster its expansion plans, the company said July 22.

“The top-down macro evidence seems clear: Americans are mostly paying for the tariffs,” George Saravelos, global head of FX research at Deutsche Bank.

Americans bought 310,800 EVs in Q2, a 6.3% drop from the year-earlier period. However, the sales dip — 21,000 vehicles — was nearly equal to the slump in transactions for Tesla.

Pure Lithium will move its operations from Boston to Chicago and invest $46 million to launch manufacturing of lithium metal batteries in Illinois, state officials announced July 10.

The revamped safety packages are headlined by a switch away from Bendix Fusion to a proprietary safety and collision mitigation system — Mack Protect.

Stellantis on July 21 announced a surprise $2.7 billion first-half net loss, while analysts had expected a small profit. The maker of Jeeps is tallying the costs of trade wars.

Trucking technology company Aeva announced an expanded partnership with Daimler Truck North America to advance the commercialization of autonomous vehicles.

President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties on Aug. 1.

"Keep, trade or sell.” That’s the age-old question that often keeps fleet managers and executives up at night when it comes to vehicle acquisition. Sound familiar?

One major key to the new model’s potential success is its combination of advanced aerodynamic design and ­driver ergonomics in the form of a wedge shape.