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Mercedes and Stellantis Press Pause on EV Battery Factories

Stellantis and Mercedes-Benz are pausing work on two electric vehicle battery plants and may pivot to manufacturing lower-cost cells in light of slowing demand for still-expensive EVs.

June 4, 2024

Hendrickson Buys Truck Suspension Specialist Reyco Granning

Hendrickson bought fellow truck suspension manufacturer Reyco Granning for an undisclosed sum, it said June 4.

June 4, 2024

South Accounts for Lion’s Share of Factory Construction Boom

States in the U.S. South are at the forefront of a massive renaissance in construction projects aimed at enhancing manufacturing capacity and supply chain resiliency.

June 3, 2024

CIE Cleared of Chinese-Related Antidumping Allegations

CIMC Intermodal Equipment was cleared by federal officials of allegations that it evaded antidumping duties on chassis and subassemblies from China.

May 31, 2024

EV Maker Lucid Chops Hundreds of Jobs Amid Red Ink

NEWARK, Calif. — Lucid Group has revealed its plans to slash hundreds of jobs, part of a reorganization that the maker of electric vehicles hopes will help position it for “future success.â€

May 31, 2024

Parts Suppliers Fear a Crash With Shift to EVs

Anxiety over a transition to electric vehicles is high in the thousands of businesses that have long supplied parts and equipment for cars and trucks powered by internal combustion engines.

May 31, 2024

Sources: Hertz Is Exploring Options for Raising Financing

Hertz Global Holdings is exploring options to raise financing weeks after the company’s new CEO pledged to get it back on track following a failed bet on electric vehicles, according to people with knowledge of the matter.

May 30, 2024

ATRI Announces Research Projects for 2024

The American Transportation Research Institute Board of Directors has approved a diverse set of 2024 research priorities designed to address some of the trucking industry’s most critical issues.

May 30, 2024

DTNA’s O’Leary: EV Infrastructure Buildout Still Lagging

Daimler Truck North America CEO John O’Leary says the scarcity of charging infrastructure continues to constrain the pace of the industry's adoption of battery-electric trucks.

May 30, 2024