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Geely Cuts Volvo Stake but Says Will Stay Long-Term Investor

Volvo AB’s second-largest shareholder Geely confirmed it lowered its stake in the company by redeeming bondholders with the truck maker’s shares over the past months.

January 10, 2024

Hydrogen Energy Back in the Vehicle Conversation at CES

While EVs are gaining most of the attention for carbon-neutral technology at CES 2024, hydrogen energy has snuck its way back into the conversation thanks to two automotive giants.

January 10, 2024

Kodiak Unveils Driverless-Ready Semi Ahead of Dallas Debut

Kodiak Robotics introduced what it billed as the world’s first driverless-ready semi-truck designed for scaled deployment at CES in Las Vegas this week.

January 9, 2024

Battery Maker LG Energy Posts Earnings Miss Amid Weak Demand

Battery maker LG Energy Solution Ltd. badly missed fourth-quarter earnings estimates amid weaker demand for electric vehicles and a drop in lithium prices that hurt revenue.

January 9, 2024

Lidar Maker Aeva Wins Multiyear Contract for Daimler Trucks

Aeva Technologies Inc. has won a multiyear contract to supply Daimler Truck Holding AG with technology to help advance autonomous driving on highways.

January 9, 2024

Goodyear Unveils Plans for Sustainable EV Tires at CES

The Goodyear Tire & Rubber Co. is developing a product for electric vehicles that it says will bolster their competitiveness against gas-powered vehicles by extending tire duration.

January 9, 2024

Drivewyze Offers Free Access to New Safety System

WASHINGTON — Transportation technology company Drivewyze announced at the Transportation Research Board conference Jan. 9 that it is making its new safety system available at no cost.

January 9, 2024

EV-Charging Firms Could Struggle With Finances in 2024

U.S. electric vehicle charging installations fell significantly last year as companies grappled with financial challenges, according to a BloombergNEF report.

January 9, 2024

VinFast Names Vietnam’s Richest Billionaire New CEO

VinFast, the Vietnamese electric carmaker building a multibillion-dollar factory in North Carolina, has replaced its CEO and CFO in the company's latest executive shuffle.

January 8, 2024