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Startups require access to considerable funding on the road to manufacturing, and even more to remain afloat once production begins, especially for OEMs of alt-power trucks in 2024.

OpenStore, which manages more than 100,000 stock-keeping units and serves more than 2 million customers, plans to launch operations at the 113,000-square-foot facility in March 2025.

Texas Instruments announced a tranche of federal CHIPS and Science Act funding worth up to $1.6 billion, a show of support for a booming semiconductor manufacturing industry in North Texas.

TOKYO — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales.

SAN ANTONIO — For the second time, Chris Purcell was named Grand Champion at the Rush Enterprises Tech Skills Rodeo. He also captured the annual competition’s top prize in 2021.

Shipments of lithium-ion batteries to the U.S. jumped by 27% to $1.9 billion in November from a year earlier. The export tax rebate for batteries was cut to 9% from 13%.

Prior pledges to reduce operational greenhouse gas emissions by 65% by 2030 and 35% by 2025 are probably not achievable, and the company will consider reviewing its climate targets in 2025.

The Delaware Chancery Court ruled that TuSimple co-founder and former CEO Xiaodi Hou’s challenge to board selections and governance changes had enough merit to win the court’s time.

Biden said the new goal keeps the U.S. on track to achieve net-zero greenhouse gas emissions economy-wide by 2050. It calls for reducing net emissions by 61% to 66% below 2005 levels in 2035.

In 2024, trucking navigated infrastructure investments and lingering economic challenges. Pressing concerns were truck parking shortages, legal battles and nuclear jury verdicts.