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Driverless Car Hits Person Crossing Against Light in China

BEIJING — A driverless ride-hailing car in China hit a pedestrian, and people on social media are taking the carmaker’s side because the person was reportedly crossing against the light.

July 9, 2024

5 Questions: Kenneth Eggen, Wolf River Express

Thirty-five-year industry veteran Kenneth Eggen oversees "cradle to grave" management of Wolf River Express' vehicle assets as the company's chief operating officer.

July 12, 2024

Entek Poised to Get $1.2 Billion US Loan

The Biden administration is poised to lend $1.2 billion to Entek Lithium Separators to help expand the U.S. supply chain for lithium-ion batteries used in electric vehicles.

July 9, 2024

Congressional Republicans Target EPA Rule

Senior congressional Republicans recently called on the Biden administration to abandon an emissions rule EPA  issued earlier this year specific to the freight sector.

July 8, 2024

TSMC Hits $1 Trillion in Market Value on Relentless AI Rally

Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market capitalization after Morgan Stanley joined a list of brokers boosting price targets on the chipmaker.

July 8, 2024

GM to Forfeit Emissions Credits in Settlement With EPA

General Motors has agreed to settle allegations that nearly 6 million of its pickups and sport utility vehicles released more emissions than the company reported.

July 3, 2024

Ford F-Series Pickup Sales Fall

Ford Motor Co.’s F-Series pickup truck sales dropped in the second quarter as the automaker slowly rolls out a redesign of its top-selling model to avoid quality problems and recalls.

July 3, 2024

Chinese Firms Eye Morocco to Cash In on US EV Subsidies

TANGIERS, Morocco — After the U.S. passed subsidies designed to boost domestic EV production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in Morocco.

July 3, 2024

Stellantis Invests Additional $55M in Electric Air Taxi

Stellantis has invested an additional $55 million in the electric air taxi company Archer Aviation following a successful test flight and other major milestones.

July 2, 2024

Polestar Plans Cuts as EV Tariffs Deepen Loss

Polestar Automotive Holding UK Plc is making more cost cuts after losses deepened in the first quarter as tariff barriers grow and price pressures increase for electric vehicle makers.

July 2, 2024