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Canada Imposes a 100% Tariff on Imports of Chinese-Made EVs

Canada will impose a 100% surtax on all Chinese-made electric vehicles beginning Oct. 1 in a series of measures aimed at cracking down on what the country views as unfair trade practices.

August 26, 2024

DSV Orders 300 Electric Trucks in Major Volvo Deal

Logistics firm DSV plans to buy 300 electric heavy trucks from Volvo AB in what would be one of the largest commercial orders to date for the Swedish manufacturer’s battery-powered rigs.

August 23, 2024

China’s WeRide Delays US IPO Just as Deadline Nears

WeRide Inc. has postponed its plan for a U.S. initial public offering, according to people with knowledge of the matter, days before Chinese regulatory approval lapses.

August 22, 2024

Ford Scraps Electric SUV, Boosts Hybrid Production

Ford Motor Co. is recalibrating its electrification strategy yet again, canceling plans for a fully electric SUV in a shift that may cost the carmaker around $1.9 billion.

August 21, 2024

Uber Hires Ex-Tesla Charger Executive to Oversee EV Shift

Uber Technologies hired former Tesla Inc. executive Rebecca Tinucci to oversee the ride-hailing platform’s shift to electric vehicles.

August 20, 2024

Will Amazon’s AI Bet Pay Off?

More than any of the megacap technology stocks, Amazon.com Inc.’s big-spending ways are coming at the expense of profits, and its shares are being punished as a result.

August 20, 2024

Tesla Gets Lower EU Tariff Than Chinese Rivals in Draft Plan

For Tesla Inc., the 9% tariff is relatively welcome news, as it’s lower than what other manufacturers face.

August 20, 2024

Albertsons Sued for Allegedly Copying Startup’s Software

Albertsons Cos. was sued by an e-commerce software maker that claims the grocery chain conducted trials with its product for three years only to steal its trade secrets to build its own system.

August 19, 2024

GM to Cut More Than 1,000 Software Engineers, Mostly in US

General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.

August 19, 2024