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Northvolt CEO Peter Carlsson Quits After Bankruptcy Filing

Northvolt AB CEO Peter Carlsson is stepping down as the Swedish battery maker embarks on a restructuring under bankruptcy court protection.

November 22, 2024

Northvolt Files for Bankruptcy After Failed Rescue Attempts

The move caps months of talks with owners, customers and creditors to find a way for Europe’s rare homegrown maker of EV batteries to continue operations.

November 21, 2024

Penske Truck Leasing Eyes Up to 80% of Power From Solar

The first facility with a rooftop solar installation, in Illinois, is now operational. Solar panels installed there are expected to generate roughly 80% of the building’s energy needs.

November 21, 2024

Uber Said to Be in Talks to Invest in US IPO of Pony AI

Uber Technologies plans to invest in Pony AI’s U.S. initial public offering, which is expected to be priced next week after being upsized by the autonomous driving firm.

November 21, 2024

Tesla Slow to Make Its Chargers Accessible to Other EVs

Tesla promised to drop the wall on its so-called charging “walled garden” two years ago, making its Superchargers accessible to all EVs. 

November 21, 2024

Hexagon Doubles Natural Gas System Output With Plant Move

Hexagon Agility opened an assembly and installation plant in Rialto, Calif., on Nov. 21, a move designed to double the natural gas fuel system supplier’s production capacity, it said.

November 21, 2024

Commercial Ops Debut Coming Fast for VNL Autonomous Truck

The start of commercial operations for factory-built autonomous Class 8 tractors by Volvo Autonomous Solutions and Aurora Innovation is due in a matter of days.

November 20, 2024

Jaguar Rebrand Promo Shows Logo, but Where’s the Car?

NEW YORK — A promotional video for a rebrand of British luxury car brand Jaguar is being criticized online for showing models in brightly colored outfits — and no car.

November 20, 2024

GM Opens Lab to Prevent Software Bugs in New Vehicles

WARREN, Mich. — General Motors Co. has developed a software-testing lab inside its Global Technical Center to prevent bugs from entering new vehicles and affecting customers.

November 20, 2024