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Honda, LG to Build $3.5 Billion Battery Plant, Hire 2,200 in Ohio

COLUMBUS, Ohio — Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as the company starts to turn the state into its North American electric vehicle hub.

October 11, 2022

Volvo, Mack, Tesla Show Gains With BEVs

Truck makers both large and small recently announced deals and timetables for more of their battery-electric trucks reaching customers.

October 7, 2022

Biden Tightens China Chip Rules

The Biden administration announced new restrictions on China’s access to U.S. semiconductor technology, escalating tensions between the two countries and adding fresh complications to an industry reeling from a slump in demand.

October 7, 2022

Biden Says IBM Investment to Help in Tech Competition With China

POUGHKEEPSIE, N.Y. — President Joe Biden predicted Oct. 6 a $20 billion investment by IBM in New York’s Hudson River Valley will help give the United States a technological edge against China, hailing the expansion during an appearance with two House Democrats in competitive races in next month’s critical elections.

October 7, 2022

Tesla Plans to Deliver Semis to Pepsi Five Years After Unveiling

Tesla Inc. will deliver its first Semi trucks to PepsiCo Inc. five years after Elon Musk showed off prototypes and began taking deposits for the electric big rigs.

October 7, 2022

Twitter Says Musk ‘Can and Should’ Close Buyout Next Week

Twitter Inc. rejected Tesla CEO Elon Musk’s request to pause an upcoming trial over his $44 billion takeover of the social media company, saying the billionaire “can and should” close the deal next week.

October 6, 2022

IIJA, Workforce and Parking Top FMCSA’s Fall Agenda

The implementation of the $1 trillion infrastructure law and proceeding with workforce and parking programs for the trucking industry will headline the Federal Motor Carrier Safety Administration’s fall agenda.

October 6, 2022

September Class 8 Orders Erupt in All-Time Record

No need any longer to wonder about pent-up demand for Class 8 trucks, North American Class 8 orders in September surged past 53,000 to set an all-time high and nearly doubled those of a year earlier, ACT Research reported.

October 6, 2022

Uber Revives Self-Driving Taxi Dreams, Plans to Start This Year

Uber Technologies Inc. inked a deal with Motional Inc. to offer driverless deliveries and rides, rekindling its vision of a self-driving taxi fleet nearly two years after it sold its autonomous vehicle division.

October 6, 2022