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BrightDrop Delivers First Electric Vans to FedEx

BrightDrop, General Motors Co.’s new electric delivery and logistics business, has delivered the first five vans of an order of 500 to FedEx Corp., the company said Dec. 17.

December 17, 2021

LG Energy Seeks Up to $10.8 Billion in Record IPO

LG Energy Solution plans to raise as much as $10.8 billion in what would be South Korea’s biggest-ever initial public offering, defying concerns over fires involving its batteries that led to a mass recall of Chevrolet Bolt electric vehicles.

December 7, 2021

Musk Says Cybertruck Will Be Able to Drive Diagonally

Elon Musk, CEO of Tesla, responded to a tweet speculating about what versions of the Cybertruck will be available for purchase by saying initial production will be of the four-motor variant.

December 3, 2021

Elon Musk’s Tesla Share Sales Pass $10 Billion

Elon Musk’s offloading of Tesla Inc. shares surpassed the $10 billion mark as he sold stock in the electric car maker for the fourth consecutive week.

December 3, 2021

Daimler Truck Shares Details on Plans Post-Spinoff

Daimler Truck AG, the largest global truck maker, intends to go public Dec. 10, and recently described what that would look like in terms of products and performance.

November 12, 2021

Hertz Teams With Uber, Carvana in Electric Shift

Hertz Global Holdings Inc., fresh off a blockbuster order for 100,000 Teslas, reached an exclusive agreement to supply Uber drivers with electric vehicles and signed up Carvana Co. to dispose of rental cars it no longer wants.

October 27, 2021

Volvo Trucks Outlines Next Steps Toward Carbon-Free Transport Vision

NASHVILLE, Tenn. — Volvo Trucks is ramping up sales and deliveries of battery-electric trucks while also reducing carbon emissions within its own facilities and supply chain in North America as part of its global efforts to improve environmental sustainability.

October 24, 2021

Volvo Income, Revenue Rise Despite Supply Chain Disruptions

Volvo Group reported strong third-quarter earnings and revenue gains in the face of chip shortages and other issues caused by global supply chain disruptions.

October 22, 2021

Stellantis to Partner With Samsung on Second EV Battery Plant for North America

For the second time in a week, Stellantis has announced plans to produce electric vehicle batteries for its North American assembly plants in a joint venture with a South Korean company.

October 22, 2021

Tesla Concerned About NHTSA’s Safety Pick

Elon Musk and thousands of Tesla Inc.’s die-hard fans and customers are in an uproar about NHTSA’s new pick as its senior safety adviser.

October 21, 2021