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Trump Tariffs to Raise Bar to Invest in US, JETRO Says

President Donald Trump’s tariff campaign is likely to worsen inflation and raise the bar for Japanese companies to invest in the U.S., says the chair of the Japan External Trade Organization.

March 18, 2025

CATL, Nio Sign $346M Deal to Expand Battery-Swapping Grid

The world’s largest battery manufacturer, CATL, has agreed to invest up to $346 million in building out a battery-swapping network across China in collaboration with EV maker Nio.

March 18, 2025

Luminar Stock Jumps as Viral Video Backs Its Tech Over Tesla

In the video, which has drawn more than 11 million views since it was published to YouTube on March 15, Mark Rober runs six tests assessing Luminar's lidar technology against Tesla’s system.

March 17, 2025

Volkswagen’s Audi Will Cut 7,500 Jobs in Germany by 2029

The reductions, which correspond to 14% of the brand’s German workforce, won’t affect factory workers. “Audi must become faster, more agile and more efficient,” said CEO Gernot Döllner.

March 17, 2025

Low-Rolling-Resistance Tires Gain Traction in Trucking

Significant technological advances in recent years have helped to increase demand for LRR tires. “They’re just making the tires better and better all around,” one trucking executive said.

March 17, 2025

BYD Unveils Battery System That Charges EV in Five Minutes

BYD unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel.

March 17, 2025

Daimler Truck Eyes Reset as Steady DTNA Awaits OTR Rebound

Daimler Truck North America had a steady fourth quarter of 2024 and full year, but the rest of Daimler Truck is set for a substantial reorganization and strategy revamp.

March 14, 2025

Nikola’s Bankruptcy Sale Nears Critical March 17 Deadline

If no suitable bids arrive by the stalking horse deadline, court documents indicate that an auction will take place April 7. The court said it would make public the results on April 10.

March 14, 2025

CATL 2024 Profit Climbs 15% on Strong EV Battery Demand

CATL posted record annual earnings for 2024, the strong financials further evidence of its commanding market position at a time some rivals are faltering.

March 14, 2025