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Hyzon to Begin Layoffs in February Without More Funds, Buyer

Hyzon expects to start laying off U.S. employees in February if the hydrogen fuel cell electric truck maker cannot raise more funds or find a buyer, the company said Dec. 20.

December 20, 2024

China Races to Ship Batteries to US Before Tax Changes

Shipments of lithium-ion batteries to the U.S. jumped by 27% to $1.9 billion in November from a year earlier. The export tax rebate for batteries was cut to 9% from 13%.

December 20, 2024

China's CATL Plans Expansion of Battery Swapping for EVs

XIAMEN, China — The world’s largest maker of batteries for electric vehicles said Dec. 18 it will get into battery swapping in China in a big way starting next year.

December 18, 2024

Volvo’s VNR Electric Reaches 10 Million Customer Miles

Almost 600 of the Volvo Group AB unit’s battery-electric straight trucks and tractors are now operational in the U.S. and Canada, collectively driving more than 200,000 miles every week.

December 10, 2024

Mack Expands EV Certified Dealer Network

Mack Trucks now has 65 electric vehicle certified dealers in North America, it said.

December 9, 2024

Bus, Truck Maker Lion Electric Sells Facility to Raise Funds

Days after laying off 400 staff and halting production at its Joliet, Ill., bus manufacturing plant, Lion continued its ongoing fundraising push with the building sale.

December 6, 2024

Survey: EV Reliability Improves but Still Lags Gas Models

DETROIT — The reliability of electric vehicles and plug-in hybrids has dramatically improved, narrowing a wide gap with gas-powered automobiles, according to the latest survey by Consumer Reports.

December 5, 2024

Hydrogen-Powered Hyundai Trucks Hit the Road in Georgia

Hyundai announced Dec. 4 it deployed 21 of its Xcient hydrogen fuel cell electric trucks in Georgia to ferry supplies between the ports and the automaker’s newly opened $7.6 billion EV factory.

December 5, 2024

Stellantis Might Shutter UK Van Plant Over EV Rules

Stellantis had already threatened to pull the plug on its U.K. operations, warning about the impact of what it says are the country’s too stringent EV targets.

November 26, 2024

Newsom, Musk Clash Over California EV Incentive Plan

Gavin Newsom is positioning California as a foil to Donald Trump’s policies, laying the groundwork for resistance on everything from deportations to regulation rollbacks.

November 26, 2024