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The Biden administration has finalized a multibillion-dollar award for TSMC. made possible by the CHIPS and Science Act, marking a major milestone for the program.Ìý
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President-elect Donald Trump’s plan to revoke an up to $7,500 consumer tax credit for plug-in EVs would do more damage to the Detroit Three’s electrification prospects than to Tesla.Ìý

Members of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles a Transportation Department priority.

Northvolt is scrambling to pull together emergency funding after a previous plan fell apart, according to sources, leaving the battery maker with dwindling options as it runs low on cash.

A capacity-as-a-service platform, Broker Access is designed to boost productivity, service levels and business growth for brokers, Uber Freight said.

Whether the tractor will be an update of Mack’s existing on-highway flagship, the Anthem, or a new model altogether is unclear.

Autonomous vehicle maker Cruise has admitted to a federal charge and agreed to pay a $500,000 fine in connection with a crash last year involving one of its vehicles that left a person injured.

Pony.ai Inc. is looking to raise as much as $195 million from its U.S. initial public offering as automotive-related companies lead a modest pickup in Chinese listings.

Volvo Trucks is targeting a 25% North American heavy-duty truck market share by 2030, according to executives at the company.