Startups require access to considerable funding on the road to manufacturing, and even more to remain afloat once production begins, especially for OEMs of alt-power trucks in 2024.
December 27, 2024Search
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2025: The Trump Era Returns
In late January, Donald Trump will formally return to the Oval Office as the 47th president. Trump and Republicans on Capitol Hill already have detailed a legislative outlook.
December 27, 2024States Acting to Curb Nuclear Verdicts Across US
Per the U.S. Chamber of Commerce, frivolous lawsuits are estimated to cost the average U.S. household more than $4,000 per year, as measured in tort costs incurred by each state.
December 27, 2024Former Suzuki Boss Osamu Suzuki Dies at 94
TOKYO — Osamu Suzuki, the charismatic former boss of Suzuki Motor Corp. who helped turn the Japanese mini-vehicle maker into a globally competitive company, has died at 94.
December 27, 2024Nissan and Honda Drive Toward Merger
TOKYO — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales.
December 23, 2024NHTSA Issues Final Rule Authorizing Whistleblower Payments
Any current or former employee or contractor of a vehicle manufacturer, part supplier or dealership may be a whistleblower, NHTSA said.
December 20, 2024Chris Purcell Wins Grand Champion Title at Rush Skills Rodeo
SAN ANTONIO — For the second time, Chris Purcell was named Grand Champion at the Rush Enterprises Tech Skills Rodeo. He also captured the annual competition’s top prize in 2021.
December 20, 2024Hyzon to Begin Layoffs in February Without More Funds, Buyer
Hyzon expects to start laying off U.S. employees in February if the hydrogen fuel cell electric truck maker cannot raise more funds or find a buyer, the company said Dec. 20.
December 20, 2024China Races to Ship Batteries to US Before Tax Changes
Shipments of lithium-ion batteries to the U.S. jumped by 27% to $1.9 billion in November from a year earlier. The export tax rebate for batteries was cut to 9% from 13%.
December 20, 2024Court to Rule on TuSimple Governance, Cash Pile Fate in Q1
The Delaware Chancery Court ruled that TuSimple co-founder and former CEO Xiaodi Hou’s challenge to board selections and governance changes had enough merit to win the court’s time.
December 19, 2024