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EV Startup Lucid to Cut 1,300 Jobs, 18% of Its Workforce

Lucid Group Inc. is eliminating 18% of its workforce, including employees and contractors, as the electric vehicle startup looks to cut costs in its second full year of production.

March 28, 2023

US Challenges China’s EV Supply Chain

The magnitude of the challenge it will be for the U.S. to loosen China’s grip on the electric vehicle supply chain is coming into sharper relief.

March 28, 2023

US, Japan Reach Deal on Vital Minerals for EV Batteries

TOKYO — Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to ensure secure supplies of strategically important resources.

March 28, 2023

NHTSA Opens Investigation Into Tesla Seat Belts Coming Loose

DETROIT — U.S. highway safety regulators have opened yet another investigation into problems with Teslas, this time tied to complaints that the seat belts may not hold people in a crash.

March 28, 2023

Lyft Names David Risher New CEO as Co-Founder Steps Down

Lyft Inc. tapped David Risher to be its new CEO, replacing co-founder Logan Green as the ride-hailing company struggles to compete with bigger rival Uber Technologies Inc.

March 27, 2023

Velocity Buys 200 Battery-Electric Trucks for Rental Fleet

Velocity Truck Rental & Leasing is adding 200 battery-electric trucks to its commercial truck rental and full-service truck leasing business, the company announced March 22.

March 27, 2023

Union Pacific to Drop Push for One-Person Crews

OMAHA, Neb. — Union Pacific has become the second major freight railroad in the past week to back away from the industry’s long-standing push to cut train crews down to one person.

March 27, 2023

Technology Helps Minimize Tractor-Trailer Pairing Errors

Some carriers are using technology designed to help prevent drivers from picking up the wrong trailer, and some telematics vendors are developing tractor-trailer pairing capability.

March 27, 2023

Ford CEO Says Next Electric Pickup Truck Will Drive Itself

Ford Motor Co. plans to make driver-assistance features central to the next electric F-Series pickup — so much so that you might be able to take a snooze at 60 mph.

March 24, 2023