The president of Canadian electric bus and truck manufacturer Lion Electric Co. resigned as the cash-poor company made a last-ditch attempt to stay afloat.
December 10, 2024Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
China Benefits as Europe’s Big Battery Ambitions Are Failing
Europe’s bid to build a homegrown battery industry to break China’s dominance in electric vehicles is failing.
December 10, 2024Micron Gets $6.2 Billion Chips Award
The Biden administration has reached a final agreement to give Micron Corp. nearly $6.2 billion in subsidies from a program designed to boost American semiconductor manufacturing.
December 10, 2024Recycler to Be First US Supplier of Key EV Battery Component
Ascend Elements said it will start to market lithium carbonate, a key component in EV batteries, that it has been able to recycle and refine at its Covington, Ga., facility.
December 10, 2024Price of EV Battery Packs Falls Most Since 2017
The average price of lithium-ion battery packs has fallen the most in seven years, a development likely to accelerate price parity between electric vehicles and gasoline-powered cars.
December 10, 2024Trudeau Says Canada ‘Will Respond’ if Trump Imposes Tariffs
Prime Minister Justin Trudeau said Canada “will respond” if U.S. President-elect Donald Trump imposes new tariffs on Canadian imports.
December 10, 2024Stellantis, CATL to Build EV Battery Factory in Spain
BARCELONA, Spain — Chinese electric battery company CATL and automaker Stellantis will build a major battery factory in northern Spain, the partners announced Dec. 10.
December 10, 2024Diesel Price Drops 8.2¢ in Year’s Largest Decline
The decline represents the largest weekly drop since Dec. 11, 2023, when prices fell 10.5 cents. At the national level, diesel remains 52.9 cents cheaper than the same week in 2023.
December 9, 2024FreightVana Buys Brokerage Operations of Loadsmith
FreightVana believes the deal will boost its position in the power-only brokerage segment. Loadsmith provides power-only and standard freight brokerage.
December 9, 2024Continental Launches Longhaul Drive Tire
Continental launched a new longhaul drive tire for the U.S. market.
December 9, 2024