The companies announced the agreement Feb. 18, saying the goal is to lower financial barriers for organizations looking to transition to electric vehicles.
February 20, 2025Search
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Nikola’s Collapse Puts SEC’s $80 Million Claim at Risk
The SEC ranked No. 1 on the roster of largest unsecured creditors when Nikola, a failed maker of EV trucks, sought court protection on Feb. 19, with the regulator owed about $80 million.
February 20, 2025Jaxport Finishes Roll-On/Roll-Off Cargo Berth to Add Capacity
The Jacksonville Port Authority has completed half of a $60 million project to increase capacity for vehicle shipments after finishing a project at Blount Island Marine Terminal.
February 19, 2025Japan Broaches Car Tariffs With US as Trump Threatens Hikes
Japan has raised the issue of auto tariffs with the U.S. after President Donald Trump threatened to impose a 25% levy on car imports, a move that would deliver a big blow to Japan’s economy.
February 19, 2025Trump Signals 25% Tariffs on Auto, Tech, Drug Imports
President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2.
February 18, 2025Trump’s Latest Trade Move: Tariffs on Imported Cars
The move is the latest in a rapidly widening trade war as Trump delivers on his campaign pledges to institute sweeping tariffs on U.S. allies and rivals alike.
February 14, 2025ArcelorMittal to Build $1.2 Billion Alabama EV Steel Mill
Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.
February 14, 2025Trump Says Tariffs Are Saving US Steel
When asked what chief executive officers think about his recently announced steel and aluminum tariffs, Trump said they’re “in love with them.” U.S. Steel is “through the roof,” he said.
February 13, 2025Executive Order Aimed at Reducing Federal Regulations
President Donald Trump has issued an executive order to reduce regulations. The action could affect truck safety initiatives.
February 13, 2025Deere Warns Tariffs Could Disrupt Farm Recovery
World farm machinery leader John Deere said the agriculture economy is finally showing signs of turning around, although looming tariffs could upend the nascent recovery.
February 13, 2025