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Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.

González will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex’s U.S. operations, the company said in a statement.

China’s 10% additional tariff on vehicles with engines  larger than 2.5 liters imported from the U.S. took effect Feb. 10.

Parker Meeks stepped down as CEO at hydrogen fuel cell electric truck maker Hyzon. He was appointed to the post  permanently in April 2023 after holding the role in an interim capacity.

Lyft will launch driverless rides with technology vendor and Intel spinoff Mobileye Global in Dallas as soon as 2026, building on a partnership that was first announced last November.

TAIPEI, Taiwan — China’s tit-for-tat duties on U.S. imports took effect Feb. 10, hours after President Donald Trump announced that he wants to slap new duties on all steel and aluminum imports.

The Iowa-based company posted a loss in the fourth quarter of 2024 as the ongoing integration of two acquisitions alongside the industrywide freight recession weighed heavily on its OR.

Rivian said it will sell its electric delivery van designed for Amazon to other customers, a move to boost revenue from fleet operators as consumer demand for battery-powered cars slows.

WASHINGTON — President Donald Trump said he will announce Feb. 10 that the U.S. will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico.

 President Donald Trump indicated Nippon Steel is considering investing in United States Steel instead of an outright purchase.