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Elon Musk’s dizzying ascent in 2020 hit a new peak this week as he’s about to become the head of an S&P 500 Index company. That’s just days after surging to the second-richest person on the planet with a $139 billion fortune.

Hyundai Motor Group plans to build 23 electric vehicles on its new EV-dedicated platform, and is aiming to sell 1 million of the cars worldwide by 2025, the South Korean automaker said Dec. 2.

Carmakers that signed up for President Donald Trump’s battle with California over auto emissions are now being pressured to join a peace plan brought on by the election of Joe Biden.

Daimler Trucks North America and utility company Portland General Electric announced the co-development of a public charging site for medium- and heavy-duty electric commercial vehicles that is expected to be the first of its kind in the United States.

The North American Council for Freight Efficiency announced it has begun to explore autonomous goods movement by publishing a series of online articles under the banner NACFE’s Perspective on Autonomous Trucking.

Nikola Corp. and General Motors Co. announced a new nonbinding memorandum of understanding for a global supply agreement that would integrate GM’s Hydrotec fuel cell system for Nikola’s Classes 7-8 vehicles.

Strehl purchased the assets of the semi-trailer tail-end drag reduction systems maker Rocketail, the company announced Nov. 23.

Costs associated with trucking operations have decreased, according to the American Transportation Research Institute.

With major truck manufacturers pushing into factory-built electric vehicles, 2021 is poised to be the year for the technology to transition from pilot testing to commercialization.

China, the world’s biggest market for electric vehicles, isn’t so quick to dismiss the alternative to batteries. Officials are promoting the development of hydrogen-powered cars, trucks and buses, with Beijing offering to reward cities that achieve adoption targets.