91ÊÓƵ

FedEx spokeswoman Savannah Haeger said the order represents the first time the shipping company has paired an order in the medium-sized EV chassis space with an investment in the EV truck maker.

The joint venture, known as RV Tech, said it has made solid progress on delivering the EV electrical and software platform that Volkswagen needs to compete with Tesla and Chinese rivals.

Ford is considering scrapping the electric version of its F-150 pickup truck, known as the F-150 Lightning, the Wall Street Journal reported, citing people familiar with the matter. 

Lucid Group posted a worse-than-expected third-quarter loss as it grapples with sluggish production of its Gravity SUV and a challenging trade environment.

Traffic’s back, train delays are all too common and city politics have been boiling over. A new commuter helicopter route is aimed at offering New Yorkers a quick escape hatch.

Rivian Automotive reported a smaller-than-expected loss in a sign of progress as the EV maker cuts costs and staff ahead of plans to begin deliveries of a new midsize SUV next year.

Glid Technologies has introduced Raden, an autonomous hybrid-electric vehicle that can operate on both roads and rails, designed to improve the first mile of freight logistics.

Investors are warming to Beta Technologies' initial public offering as the electric aircraft developer and its peers look to distance themselves from unhappy associations with the 2021 blank-check company boom and bust.

The total includes 3,400 workers that were furloughed over the summer at its Factory Zero plant in Detroit, where the electric Chevrolet Silverado, GMC Sierra and Hummer EVs are made.

For the past 18 months, Tesla said manufacturing would start by the end of 2025 and ramp up to capacity through 2026. The firm has a history of missing deadlines, including with the Semi.