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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.

Under Rivian and the UAW’s confidential pact, the automaker would adopt a neutral stance toward efforts to organize workers at its Illinois factory where its vehicles are made.

Volkswagen Group will spend C$69 million ($48.1 million) on a 9.9% stake in lithium miner Patriot Battery Metals to secure raw materials for electric vehicles.

XIAMEN, China — The world’s largest maker of batteries for electric vehicles said Dec. 18 it will get into battery swapping in China in a big way starting next year.

Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.

Based on data from some of the North American freight industry’s largest carriers, fleet-wide fuel efficiency averaged 7.77 mpg in 2023, compared with 7.62 mpg in 2022.

Honda Motor Co. and Nissan Motor Co. are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp.

President Joe Biden’s administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that U.S. officials believe pose national security risks.