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The head of Daimler’s global truck operation believes the upcoming restructuring into a separate company positions it to accelerate growth in terms of both innovation and financial opportunity.

California is by far the national leader in enabling the use of electric cars and medium- and heavy-duty electric trucks, according to a state-by-state evaluation of electric vehicle policies and practices compiled by a leading nonprofit energy efficiency group.

Volvo Group reported fourth-quarter net income rose amid a surge in North American truck orders, but revenue slipped.

DETROIT — Merchants Fleet, a fleet management company, plans to purchase commercial EV vans from General Motors Co.’s newly formed company BrightDrop.

Amazon .com Inc. began testing the first lot of its Rivian Automotive Inc. electric delivery vans in Los Angeles as it works to fulfill a pledge to meet the goals of the Paris climate accord 10 years early.

REE Automotive, an electric-vehicle technology startup, has agreed to go public through a merger with 10X Capital Venture Acquisition Corp., a blank-check company, according to people with knowledge of the matter.

Battery maker Microvast Inc. will go public via a merger with blank-check company Tuscan Holdings Corp. in a deal that values the combined company at $3 billion.

General Motors Co. has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that.

Nikola Corp. backer Luxor Capital Group LP is investing in European electric truck startup Volta Trucks AB to help the company scale its manufacturing and expand into North America and Asia.

Navistar Inc. announced it intends to produce a zero-emission longhaul truck using fuel cell systems supplied by General Motors and will have an International RH Series FCEV model commercially available in 2024.