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The relationship between America’s truck makers and the California Air Resources Board forged in the Clean Truck Partnership is beginning to fray.

Hyroad Energy will buy much of bankrupt truck manufacturer Nikola’s remaining physical assets and all its intellectual property for $3.85 million.

“To stay competitive, GM will temporarily source these packs from similar suppliers to power our most affordable EV model,” the company said in a statement.

GHG3 was rolled out under the Biden administration but came under heavy fire from trucking stakeholders, many of whom characterized it as damaging to carriers.

Days after the engine's first showcase at ATA's TMC 2025 annual meeting, the Trump administration warned EPA regulations for heavy-duty trucks would be reassessed, with rollback likely.

The tax package that President Donald Trump signed into law last month included a rule change that attacked what’s been an important source of revenue for Rivian and Tesla for years.

Supply chain turmoil and an increase in tariffs globally are bolstering the costs of all industrial manufacturers — particularly those using aluminum, steel and copper, Eaton noted.

The energy infrastructure company also sees years of robust demand for the fuel, which currently makes up about 15% of the market, according to CEO Chad Zamarin.

The filing came the same day Tesla directors disclosed their decision to grant Elon Musk an interim stock award — valued at $30 billion — while a legal fight over his 2018 pay package drags on.

Program Aired: August 28, 2 p.m. ET Tim Haynes, vice president of digital and customer data at Penske Transportation Solutions, joins Seth Clevenger for a special one-on-one conversation to explore how modern fleet benchmarking solutions and AI-powered analytics are revolutionizing fleet management planning and operations.