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Volvo Cars CEO Insists R&D Direction Not Shifting to China

“People worry Geely will centralize R&D in China. That’s a misunderstanding,” Hakan Samuelsson said. “There’s no such plan, and Chinese operations are also cutting costs.”

May 23, 2025

Oregon, Vermont Halt Zero-Emission Truck Mandates

In the span of a few days, leaders in both Oregon and Vermont reversed plans to limit sales of diesel-powered trucks in favor of electric trucks in their states.

May 22, 2025

Senate Votes to Block Clean Air Standards in California

The Senate voted on May 22 to block California’s first-in-the nation rule banning the sale of new gas-powered cars by 2035.

May 22, 2025

Trump Team Resists Nvidia, Upholds AI Export Curbs to China

“When it comes to inside China … there is still bipartisan and broad concern about what can happen to these GPUs once they’re physically inside” the country, a White House adviser said.

May 21, 2025

EU Moves to Revive Fractured Trade Talks With Trump

The EU has shared a revised proposal with the U.S., as it aims to inject momentum in talks with President Donald Trump’s administration amid lingering skepticism that a deal can be reached.

May 21, 2025

US Sets the Stage for Duties on Battery Materials From China

The U.S. Commerce Department set the stage for anti-subsidy duties on imports of key battery components from China, after concluding materials had been unfairly subsidized.

May 21, 2025

Musk Expects ‘Hundreds of Thousands’ of Self-Driving Teslas

Elon Musk said that he expects hundreds of thousands of self-driving Teslas will be on the road requiring no human intervention by the end of next year.

May 21, 2025

Amazon Issues Backdated Refunds in Policy Review

Amazon customers are suddenly getting refunds for products they purchased and returned as far back as 2018, along with apologies from the retailer after it discovered “unresolved” issues.

May 21, 2025

Elon Musk Says He’ll Still Be Tesla CEO in 5 Years

Elon Musk said May 20 he’s committed to being CEO of Tesla in five years’ time as the automaker faced consumer and stock price pressure over his work with President Donald Trump’s government.

May 20, 2025