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Postal Service Head Says Aging Trucks Need Upgrades

Postmaster General Louis DeJoy said the Postal Service needs to replace aging trucks, and he wasn’t aware of an effort by the incoming presidential administration to cancel plans to buy EVs.

December 6, 2024

US Agencies Issue Guide to Thwart Cyberthreats From China

Guide recommendations will help network engineers and security personnel strengthen visibility and harden network devices against bad actors affiliated with China.

December 6, 2024

Port Operators Threaten to Halt Talks Over Automation Issue

Operators of East and Gulf Coast port terminals said they won’t continue bargaining with union dockworkers if it means giving up their right to invest in semi-automated cargo handling equipment.

December 5, 2024

EV Charging Firm Ideanomics Files for Bankruptcy

Ideanomics, which owns technology used to charge electric buses and other commercial vehicles, has filed for bankruptcy.

December 4, 2024

Germany Assumes $629M in Northvolt Debt After Insolvency

Germany will assume more than 600 million euros ($629 million) of debt that its development bank extended to Northvolt AB for the construction of a battery plant in the country.

December 2, 2024

Ex-TuSimple CEO Hou Seeks to Liquidate Company’s Assets

TuSimple co-founder and former CEO Xiaodi Hou, who claims to be the company’s largest shareholder, is also seeking judicial aid in an increasingly bitter spat with former colleague Mo Chen.

December 2, 2024

US Commits to $7.54B Loan for Stellantis EV Battery Plants

Stellantis and joint venture partner Samsung have won a commitment from the U.S. government for a loan worth up to $7.54 billion to help build two electric vehicle battery plants in Kokomo, Ind. 

December 2, 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

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

BP Optimistic About US Energy Future Under Trump

BP Plc anticipates strong growth in the U.S. as President-elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand.

November 25, 2024