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“To stay competitive, GM will temporarily source these packs from similar suppliers to power our most affordable EV model,” the company said in a statement.

“The real question everybody in the industry is asking is whether there will be a component tariff, where the chips in a device would require some sort of separate tariff calculation.”

The deal includes Northvolt’s flagship factory and a research and development facility, both in Sweden, and the site of a future factory in Germany.

Legislation that aims to establish a nationwide policy framework for autonomous commercial vehicles was recently introduced in the U.S. House of Representatives.

The two companies also will develop four vehicles for Central and South American markets.

GHG3 was rolled out under the Biden administration but came under heavy fire from trucking stakeholders, many of whom characterized it as damaging to carriers.

It's a sign that the safety regulator is keeping close tabs on Tesla's so-called Full Self-Driving technology.

The results landed just hours after Uber issued a better-than-expected forecast for the third quarter and exceeded Wall Street’s expectations on gross bookings.

Nvidia CEO Jensen Huang’s visit came hours before another tech leader — Apple CEO Tim Cook — was set to announce a commitment for $100 billion in fresh domestic manufacturing investments.

Environmental permitting policy directives regarding housing, energy infrastructure and surface transportation upgrades are high on the list, according to the EPW chairwoman.