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Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors

Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.

February 10, 2025

Lyft to Launch Mobileye Robotaxis in Dallas as Soon as 2026

Lyft will launch driverless rides with technology vendor and Intel spinoff Mobileye Global in Dallas as soon as 2026, building on a partnership that was first announced last November.

February 10, 2025

A Timeline of US-China Retaliatory Tariffs

TAIPEI, Taiwan — China’s tit-for-tat duties on U.S. imports took effect Feb. 10, hours after President Donald Trump announced that he wants to slap new duties on all steel and aluminum imports.

February 10, 2025

Rivian Broadens Sales of Van Once Exclusive to Amazon

Rivian said it will sell its electric delivery van designed for Amazon to other customers, a move to boost revenue from fleet operators as consumer demand for battery-powered cars slows.

February 10, 2025

EPA’s Zeldin Announces New Focus to Boost AI, US Automaking

New EPA Administrator Lee Zeldin is spearheading a five-point initiative that protects the environment and promotes industrial energy, including for AI data centers.

February 7, 2025

Bosch Launches Drive-by-Wire Brake System for Cars

STUTTGART, Germany — German component company Bosch is launching a new drive-by-wire braking system which could be coming to a car near you this year.

February 7, 2025

Scout Motors Can’t Sell Directly to Buyers in ºÚÁϳԹÏÍø State

BLYTHEWOOD, S.C. — Volkswagen-backed Scout Motors allows customers to buy the company’s EVs on an app, but that's not allowed in South Carolina.

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February 7, 2025

Trump Halts Program to Expand EV Charger Network

The Trump administration is suspending federal funding for electric car chargers, following through on one of the president’s first directives to roll back subsidies for plug-in vehicles.

February 7, 2025

Nikola Considers Bankruptcy, Capping EV Maker’s Wild Ride

Nikola Corp. is working with a law firm and financial advisers to prepare a potential Chapter 11 filing, which would protect it from creditors amid a cash crunch.

February 7, 2025