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Tesla Gets Lower EU Tariff Than Chinese Rivals in Draft Plan

For Tesla Inc., the 9% tariff is relatively welcome news, as it’s lower than what other manufacturers face.

August 20, 2024

GM to Cut More Than 1,000 Software Engineers, Mostly in US

General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.

August 19, 2024

DOT Safety Plan Promotes Wireless Communications on Roadways

USDOT released a plan to promote the advancement of a developing technology enabling vehicles and road infrastructure to communicate with each other to improve safety.

August 16, 2024

Texas Instruments Wins $4.6 Billion in Grants, Loans

Texas Instruments is set to receive $1.6 billion in CHIPS Act grants and $3 billion in loans, marking the latest major award from a program designed to boost semiconductor manufacturing.

August 16, 2024

Rivian Pauses Output of Amazon’s Electric Delivery Van

Rivian Automotive Inc. has paused production of the electric commercial van it makes for Amazon.com Inc. due to a parts shortage in the latest supply chain snafu for the EV maker.

August 16, 2024

Missouri Awarding Grants to Lift Biodiesel, Ethanol Output

The Biofuel Infrastructure Incentive Program, administered by MASBDA, will award grants to biofuel retailers, distributors, terminal companies or fleet operations.

August 14, 2024

Westport Posts Slight Revenue Decline Amid Restructuring

The Vancouver, British Columbia-based fuel system component manufacturer posted net income of $5.8 million, or 33 cents per diluted share, for the three months ending June 30.

August 14, 2024

Polestar Starts US Production to Sidestep Steep EV Tariffs

Polestar Automotive Holding UK Plc has started production of its Polestar 3 sport utility vehicle in the U.S. to sidestep the nation’s tariffs on Chinese-made electric vehicles.

August 14, 2024

Uber Freight Launches Major Shipping Platform Update

Building on its 2018 debut, Uber Freight Shipping has expanded beyond streamlined freight quoting, booking and tracking.

August 15, 2024