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Trump’s Win Sets Off Race to Complete Chip Subsidy Deals

The Biden administration is racing to complete CHIPS Act agreements, aiming to shore up one of its signature initiatives before President-elect Donald Trump enters the White House.

November 8, 2024

Tesla Cybertruck Leases Start at $999 a Month

Tesla Inc. is now offering the option to lease its polarizing Cybertruck, with prices starting at $999 a month.

November 8, 2024

Geely Seeks 2 Billion-Euro Loan to Refinance Volvo Truck Deal

Geely Holding Group is in talks with banks for a syndicated loan to refinance borrowings related to its acquisition of a stake in Volvo AB in 2018, according to people familiar with the matter.

November 8, 2024

Rivian Sticks to Q4 Profit Goal Despite Production Setback

The company is on track to meet the closely watched target thanks to a higher mix of premium models boosting revenue per vehicle sold and sales of regulatory credits.

November 7, 2024

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

November 7, 2024

Public-Private Partnerships Propel Hydrogen Infrastructure

With help from the U.S. Department of Energy, the hydrogen industry and truck makers are working to develop a hydrogen refueling infrastructure that can support fleet operations.

November 8, 2024

Newsom Calls Lawmakers to Secure Climate Goals Against Trump

Newsom’s office told the Associated Press that the governor and lawmakers are ready to “Trump-proof” California’s state laws, including those affecting the transportation sector.

November 7, 2024

EV Growth Expected to Slow Further Under Trump

Slowing electric-vehicle adoption is likely to accelerate even further as President-elect Donald Trump delivers on his promise to gut plug-in friendly policies.

November 7, 2024

Daimler Truck Q3 Profit Plunges 35% Even as DTNA Sales Gain

The truck maker posted net income of $676.6 million, or diluted earnings per share of 83 cents, in Q3, down 35% from $1.033 billion, or $1.22, in the year-ago period.

November 7, 2024