Northvolt AB sought bankruptcy protection for one of its units in a bid to limit the financial fallout from the troubled battery maker’s now-halted expansion in northern Sweden.
October 8, 2024Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
Continental Picks Goldman, JPMorgan for Car Parts Spinoff
Continental AG has lined up banks to help with the separation of its struggling car parts business, moving ahead with the plans despite recalls related to faulty braking systems it supplied.
October 8, 2024J.B. Hunt to Back Freight, Logistics Startup Incubator
The venture aims to launch up to six startups over the next three years, beginning in 2025, to address core strategic challenges within the transportation industry.
October 8, 2024Rivian Faces Delays, Cuts Production After Supplier Misstep
Rivian miscalculated when communicating supply and demand needs with Essex, its sole supplier of what are essentially copper wires that carry the electric current inside EV motors.
October 7, 2024Gatik AI Partners With Experts for Autonomous Safety Audit
The evaluation examines multiple facets of operations, from the core self-driving component to the ecosystem of supporting services.
October 8, 2024California Gov. Newsom Again Vetoes Autonomous Truck Bill
For the second time in a year, California Gov. Gavin Newsom has vetoed legislation that would have required a driver to be in the cab when autonomous trucks are tested on state highways.
October 7, 2024Production Begins at Hyundai’s $7.6 Billion EV Factory
Hyundai has begun electric vehicle manufacturing at its new factory near Savannah, Ga., a major milestone in Georgia’s emergence as an EV hub.
October 7, 2024Rivian Seeks Federal Loan to Restart EV Plant Construction
New documents show Rivian has applied for a federal loan to help finance the $5 billion electric vehicle factory it plans to build an hour east of Atlanta.
October 7, 2024Lucid’s Quarterly Production Falls, Missing Estimates
Lucid Group Inc.’s electric vehicle production dropped in the third quarter and missed analysts’ forecasts, even as deliveries exceeded expectations.
October 7, 2024Reducing Emissions Without Sacrificing Diesel Efficiency
In spite of a somewhat heavier emission control system, Cummins' 2027 HELM version of X15 will be no heavier than the present product because the HELM block is a fresh design.
October 4, 2024