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Northvolt to Stop Production at End of June Without Buyer

Bankrupt battery maker Northvolt will stop production at its last remaining factory in northern Sweden at the end of June if it fails to find a buyer before then.

May 22, 2025

Senate Votes to Block Clean Air Standards in California

The Senate voted on May 22 to block California’s first-in-the nation rule banning the sale of new gas-powered cars by 2035.

May 22, 2025

Ford’s EV Battery Plant May Add Nissan to Client List

A new Ford-SK factory in Kentucky, known as BlueOvalSK, has emerged as the frontrunner to build the batteries for Nissan, though a final decision hasn’t been made, one of the people said.

May 21, 2025

Trump Team Resists Nvidia, Upholds AI Export Curbs to China

ā€œWhen it comes to inside China … there is still bipartisan and broad concern about what can happen to these GPUs once they’re physically insideā€ the country, a White House adviser said.

May 21, 2025

EU Moves to Revive Fractured Trade Talks With Trump

The EU has shared a revised proposal with the U.S., as it aims to inject momentum in talks with President Donald Trump’s administration amid lingering skepticism that a deal can be reached.

May 21, 2025

US Sets the Stage for Duties on Battery Materials From China

The U.S. Commerce Department set the stage for anti-subsidy duties on imports of key battery components from China, after concluding materials had been unfairly subsidized.

May 21, 2025

Autonomous Truck Startup Einride Considers US IPO

Einride is shaking up its top management as the Swedish driverless truck startup lays the groundwork for a possible initial public offering.

May 21, 2025

Musk Expects ā€˜Hundreds of Thousands’ of Self-Driving Teslas

Elon Musk said that he expects hundreds of thousands of self-driving Teslas will be on the road requiring no human intervention by the end of next year.

May 21, 2025

Amazon Issues Backdated Refunds in Policy Review

Amazon customers are suddenly getting refunds for products they purchased and returned as far back as 2018, along with apologies from the retailer after it discovered ā€œunresolvedā€ issues.

May 21, 2025