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VW Finance Chief Outlines Road Map for $221 Billion Ambition

Days before production starts on Volkswagen AG’s cornerstone electric vehicle, the German manufacturer is stepping up a campaign to more than double its market value and gain investor recognition for the industry’s most ambitious technology push.

October 28, 2019

Daimler Dumps Gas-Powered Truck Bid to Build CO2-Neutral Fleet

Daimler AG is quitting development of natural-gas powered trucks to pool resources for electric and hydrogen rigs that can advance its goal of offering a CO2-neutral fleet in its main markets by 2039.

October 25, 2019

XPO Logistics Launches Partnership With MIT

GREENWICH, Conn. — XPO Logistics Inc. announced Oct. 24 that it was teaming up with the Massachusetts Institute of Technology to advance innovation in its industry.

October 24, 2019

Ford to Debut New Electric Vehicle Nov. 17

Ford Motor Co. will debut its first battery-electric crossover Nov. 17, the automaker said Oct. 24.

October 24, 2019

Haldex Sees Net Income Fall, Revenue Rise in Q3

Commercial vehicle brake supplier Haldex AB reported lower third-quarter earnings and higher revenue as it increased sales slightly in North America.

October 24, 2019

Tesla Shares Soar as Elon Musk Packs Profit Report With Positives

Elon Musk flipped the script on those who doubted Tesla Inc. could return to profitability and meet aggressive timelines, delivering positive earnings few saw coming and declaring he’s ahead of schedule on a new plant and product.

October 24, 2019

At Tokyo Auto Show, Visions for Cars of the Future, but no Ghosn

TOKYO — The Tokyo Motor Show opens this week with plenty of futuristic technologies but absent one of the auto industry’s hugest influencers: Nissan’s former chairman, Carlos Ghosn.

October 23, 2019

Renault Joins Toyota, Mercedes With Hydrogen Van

Renault SA will offer its electric Kangoo van with added hydrogen fuel cells before the end of the year and roll out the technology to another model in 2020.

October 23, 2019

UPS, AmerisourceBergen Plan Drone Drug and Device Delivery

UPS Inc. and AmerisourceBergen, the Chesterbrook, Pa.-based drug distributor, are working together to use UPS’ new Flight Forward “drone airline” to ship drugs and supplies to hospitals through small, unmanned aircraft across the U.S.

October 22, 2019

Rio to Produce Lithium in California, Joining Electric Car Battery Race

Rio Tinto Group is starting pilot production of lithium in California and will consider an expansion to become the top domestic supplier in the U.S. as the world’s biggest miners look to boost their exposure to the electric car battery revolution.

October 22, 2019