Germany will assume more than 600 million euros ($629 million) of debt that its development bank extended to Northvolt AB for the construction of a battery plant in the country.
December 2, 2024Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Ex-TuSimple CEO Hou Seeks to Liquidate Company’s Assets
TuSimple co-founder and former CEO Xiaodi Hou, who claims to be the company’s largest shareholder, is also seeking judicial aid in an increasingly bitter spat with former colleague Mo Chen.
December 2, 2024US Commits to $7.54B Loan for Stellantis EV Battery Plants
Stellantis and joint venture partner Samsung have won a commitment from the U.S. government for a loan worth up to $7.54 billion to help build two electric vehicle battery plants in Kokomo, Ind.Â
December 2, 2024Newsom, Musk Clash Over California EV Incentive Plan
Gavin Newsom is positioning California as a foil to Donald Trump’s policies, laying the groundwork for resistance on everything from deportations to regulation rollbacks.
November 26, 2024Rivian’s $6.6 Billion Loan Advances EV Factory Timeline
The loan would come from the U.S. Energy Department’s Advanced Technology Vehicle Manufacturing program.
November 26, 2024BP Optimistic About US Energy Future Under Trump
BP Plc anticipates strong growth in the U.S. as President-elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand.
November 25, 2024California EV Rebates May Omit Tesla Models
Gov. Newsom's office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla’s popular EV models.
November 25, 2024California Pledges State EV Credit if Federal Subsidies End
California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if President-elect Donald Trump repeals a federal subsidy after he takes office next year.
November 25, 2024Nebraska Sues Truck OEMs Over ‘Collusion’ on California Deal
Nebraska's attorney general filed an antitrust suit against four major original equipment manufacturers, alleging they colluded to eliminate choice and raise truck prices.
November 25, 2024GM Opens Lab to Prevent Software Bugs in New Vehicles
WARREN, Mich. — General Motors Co. has developed a software-testing lab inside its Global Technical Center to prevent bugs from entering new vehicles and affecting customers.
November 20, 2024