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Ford Motor Co.’s market value topped $100 billion as investors bet on the 118-year-old automaker’s prospects in the dawning electric age.

Aiming to end the sales of internal combustion engines in California in coming decades, Democratic Gov. Gavin Newsom on Jan. 10 made public his proposed $286 billion spending plan for 2022-23 that calls for a $10 billion investment over the next six years to put more electric cars and trucks on roadways and in ports.

Walmart Inc. is betting big on its service to deliver groceries directly into customers’ refrigerators with an expansion of its In91ÊÓƵ delivery option, and will hire 3,000 drivers to support it.

General Motors Co. CEO Mary Barra showed off the company’s electric Chevrolet Silverado at the CES exhibition, announcing that the pickup will go on sale in spring 2023 to compete with battery-powered trucks from longstanding rival Ford Motor Co. and newcomer Rivian Automotive Inc.

Electric trucks promise many potential rewards for the freight transportation industry. But the experiences of fleets that have begun to deploy these vehicles illustrate an elaborate set of challenges and considerations associated with electrification.

Mack Trucks reported its first fully electric Class 8 vehicle, the LR model, is in serial production at Mack’s Lehigh Valley Operations facility in Macungie, Pa.

Ford Motor Co.’s surging stock has given it a market value greater than rival General Motors Co. for the first time in more than five years.

Rivian Automotive Inc. said it expects to fall short of its annual production target as the electric pickup maker gave investors the first look at its operations as a public company.

General Motors Co. has talked up its electric vehicle plans for years, and even generated buzz by resurrecting Hummer’s gas-guzzling name in the form of an electric pickup truck. Now comes the tough part: selling mass-market EVs.

Electric battery manufacturer Proterra on Dec. 14 announced it is expanding its overall production facilities, adding a new $76 million factory in Greer, S.C., that is expected to be operational in the second half of 2022.