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Blacklisted Chinese Chipmaker Seeks Vindication in US Trial

A Chinese chipmaker blacklisted by Washington as a technology thief more than three years ago is getting a chance to prove it was wrongly accused.

February 28, 2022

Toyota Idles All Japan Plants Due to Supplier System Outage

Toyota Motor Corp. will suspend output at all of its Japan factories on March 1 following disruptions to a supplier’s systems, marking another setback for the world’s top auto producer.

February 28, 2022

BP Exits Stake in Russian Oil, Gas Company Rosneft

BP is exiting its share in Rosneft, a state-controlled Russian oil and gas company, in reaction to Russia’s invasion of Ukraine.

February 28, 2022

Chevron to Buy Renewable Energy Group for $3.1 Billion

Chevron Corp. agreed to buy green diesel producer Renewable Energy Group Inc. for $3.1 billion in the biggest low-carbon deal of CEO Mike Wirth’s four-year tenure.

February 28, 2022

Navistar, MAN Executives Switch Posts Under Traton

Göran Nyberg, executive member for sales and customer solutions at MAN Truck & Bus SE, will join Navistar as executive vice president of commercial operations March 1.

February 25, 2022

Exxon to Build $400 Million Wyoming Carbon-Capture Project

Exxon Mobil Corp. reached a final investment decision on expanding a carbon-capture facility at LaBarge in Wyoming with the $400 million endeavor expected to start up by 2025.

February 25, 2022

Northvolt Plans a Third Battery Materials Factory in Sweden

Northvolt AB plans to convert a closed paper mill in Sweden into a new battery materials factory, adding a third production facility in the Nordic country to supply demand fueled by the growing electrification of transport.

February 25, 2022

Rocky Mountain States to Team Up on Hydrogen Tech Proposal

CHEYENNE, Wyo. — Four Rocky Mountain states will cooperate on developing ways to make the most abundant element in the universe, hydrogen, more available and useful as clean-burning fuel for cars, trucks and trains, the states’ governors announced Feb. 24.

February 25, 2022

Hyliion Posts First-Ever Revenue in Q4

Hyliion Holdings Corp. reported a fourth-quarter net loss and modest first-time revenue as its work on providing electrified powertrains for Class 8 trucks continued.

February 24, 2022

TMC to Tackle Electrification in First Annual Meeting Since 2020

American Trucking Associations’ Technology & Maintenance Council plans to focus its annual meeting on electrifying performance in maintenance management.

February 24, 2022