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Volvo to Supply 44 Electric Trucks to DHL

FRANKFURT, Germany — Swedish carmaker Volvo has signed a deal to supply 44 new electric trucks to German delivery firm Deutsche Post DHL to support its zero-emission targets, both companies announced May 12.

May 12, 2022

DTNA Unveils Production-Ready eCascadia at ACT Expo

LONG BEACH, Calif. — Freightliner Trucks, a division of Daimler Truck North America, has unveiled its production-ready eCascadia Class 8 electric truck, built on the best-selling heavy-duty truck platform in North America.

May 10, 2022

Tesla Q1 Earnings 7 Times More Than Year Ago

DETROIT — Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.

April 20, 2022

Walmart Will Run Forklifts on ‘Green’ Hydrogen in Plug Power Deal

Plug Power Inc.’s bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company’s oldest customers: Walmart Inc.

April 19, 2022

Twitter Adopts ‘Poison Pill’ Defense in Musk Takeover Bid

PROVIDENCE, R.I. — Twitter said April 15 that its board of directors has unanimously adopted a “poison pill†defense in response to Tesla CEO Elon Musk’s proposal to buy the company for more than $43 billion and take it private.

April 15, 2022

Elon Musk Makes $43 Billion Bid to Take Twitter Private

Elon Musk has made a controversial offer to buy Twitter Inc., saying the company has extraordinary potential and he is the person to unlock it.

April 14, 2022

Musk Says Tesla Semi Coming Next Year

Tesla Inc. will start production next year of three products that have fallen well behind Elon Musk’s original schedule, including the Semi.

April 8, 2022

Tesla to Seek Approval for Another Stock Split

Tesla Inc. gained in early trading March 28 after the carmaker said it plans to seek shareholder approval for a move that would enable its second stock split in roughly two years.

March 28, 2022

Former Cruise CEO Dan Ammann Lands at Exxon

Dan Ammann, who led the Cruise self-driving unit of General Motors Co. until December with a mission to reduce traffic and eliminate emissions, has landed at oil giant Exxon Mobil Corp.

March 22, 2022

Stellantis, LG Energy Pick Ontario for Battery Plant

Stellantis NV and LG Energy Solution will build their new battery plant in Ontario, according to a person familiar with the matter, with an official announcement likely March 23.

March 18, 2022