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Rivian’s $6.6 Billion Loan Advances EV Factory Timeline

The loan would come from the U.S. Energy Department’s Advanced Technology Vehicle Manufacturing program.

November 26, 2024

Nebraska Sues Truck OEMs Over ‘Collusion’ on California Deal

Nebraska's attorney general filed an antitrust suit against four major original equipment manufacturers, alleging they colluded  to eliminate choice and raise truck prices.

November 25, 2024

Tesla, Rivian Reach Conditional Settlement in Poaching Suit

Tesla didn’t disclose specifics, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.

November 25, 2024

Automakers Urge Trump to Ease Fuel Efficiency Rules

An auto trade group asked U.S. President-elect Donald Trump to ease requirements on making vehicles more fuel efficient and to protect the industry from “unfair” practices by China.

November 21, 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

Truck Maker Nikola Trims 135 Staff in Cost-Cutting Move

Truck maker Nikola recently reduced staffing levels as it seeks to control costs.

November 14, 2024

CARB Rules Seen as Hindrance to Obtaining New Diesel Vehicles

Zero-emission vehicle sales in California over the past two years have been better than anticipated, but the transition to EVs has left some dealers challenged to obtain new diesel trucks.

November 14, 2024

Five States Seek CARB Delays When Regs Take Effect in 2025

Truckers and legislators in half of the 10 states that automatically adopted California’s Advanced Clean Trucks regulation are trying to put the brakes on before the 2025 rules take effect.

November 14, 2024

Westport Q3 Loss Narrows as Cespira JV Ramps Up

Westport Fuel Systems’ loss narrowed in the third quarter, due in part to the company’s decision to recognize its heavy-duty truck operations as an equity investment on its financial ledger.

November 13, 2024

Hyzon Q3 Loss Narrows; Hunt for Funding, Tie-Ups Accelerates

Losses at Hyzon narrowed in the third quarter of 2024, but the hydrogen fuel cell electric truck maker’s cash reserves continue to erode rapidly.

November 13, 2024