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Hertz to Sell 20,000 EVs in Shift Back to Gas-Powered Cars

Hertz Global Holdings Inc. plans to sell a third of its U.S. electric vehicle fleet and reinvest in gas-powered cars due to weak demand and high repair costs for its battery-powered options.

January 11, 2024

Tesla Boosts Pay for US Factory Workers

Tesla Inc. notified workers at its California car plant of pay increases across its U.S. factories, the latest bump by a nonunion automaker the United Auto Workers is trying to organize.

January 11, 2024

Biden Awards $623 Million to Build EV Charging Network

WASHINGTON — The Biden administration is awarding $623 million in grants to help build an electric vehicle charging network across the nation.

January 11, 2024

Range Eyes May Debut of Its Next Electric Trailers

LAS VEGAS — Range Energy is set to introduce the next iteration of its electrified dry van trailers in May, CEO Ali Javidan said Jan. 9.

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January 10, 2024

Walmart Expands Rollout of Generative AI Search on App

Walmart Inc. opened up access to a generative artificial intelligence tool that allows shoppers to search for products by specific use cases rather than look up one item at a time.

January 10, 2024

Bosch Bets on Hydrogen for EV Trucking Future

LAS VEGAS — Bosch has gone all-in on hydrogen, seeing it as a key pathway to making trucking more sustainable, executives at the company explained Jan. 8 during CES 2024.

January 10, 2024

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

Dual Biden Laws Give EPA Expanded Powers, Official Says

WASHINGTON — Two Biden administration-backed laws are enabling the U.S. Environmental Protection Agency to expand its Clean Air Act authorities to transform the trucking industry.

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