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Trump Considers Revoking EV Tax Credit

President-elect Donald Trump’s plan to revoke an up to $7,500 consumer tax credit for plug-in EVs would do more damage to the Detroit Three’s electrification prospects than to Tesla. 

November 18, 2024

Trump Team Is Seeking to Ease Rules for Self-Driving Cars

Members of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles a Transportation Department priority.

November 18, 2024

Northvolt Rescue on Verge of Unraveling as Cash Runs Short

Northvolt is scrambling to pull together emergency funding after a previous plan fell apart, according to sources, leaving the battery maker with dwindling options as it runs low on cash.

November 15, 2024

Uber Freight Launches Capacity-as-a-Service Platform

A capacity-as-a-service platform, Broker Access is designed to boost productivity, service levels and business growth for brokers, Uber Freight said.

November 15, 2024

Mack to Launch New Flagship Semi in 2025

Whether the tractor will be an update of Mack’s existing on-highway flagship, the Anthem, or a new model altogether is unclear.

November 15, 2024

Cruise Admits to Falsifying Report Over 2023 Crash

Autonomous vehicle maker Cruise has admitted to a federal charge and agreed to pay a $500,000 fine in connection with a crash last year involving one of its vehicles that left a person injured.

November 15, 2024

Driverless Tech Firm Pony.ai Seeks Up to $195 Million in IPO

Pony.ai Inc. is looking to raise as much as $195 million from its U.S. initial public offering as automotive-related companies lead a modest pickup in Chinese listings.

November 15, 2024

Volvo Aims to Raise Share of North American Truck Market

Volvo Trucks is targeting a 25% North American heavy-duty truck market share by 2030, according to executives at the company.

November 15, 2024

Truck Maker Nikola Trims 135 Staff in Cost-Cutting Move

Truck maker Nikola recently reduced staffing levels as it seeks to control costs.

November 14, 2024

Samsara-Motive Trade Secrets Litigation Enters New Phase

The ongoing legal battle between rival trucking technology vendors Samsara and Motive has entered a new phase as the former has filed additional litigation.

November 14, 2024