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Northvolt to Stop Production at End of June Without Buyer

Bankrupt battery maker Northvolt will stop production at its last remaining factory in northern Sweden at the end of June if it fails to find a buyer before then.

May 22, 2025

Oregon, Vermont Halt Zero-Emission Truck Mandates

In the span of a few days, leaders in both Oregon and Vermont reversed plans to limit sales of diesel-powered trucks in favor of electric trucks in their states.

May 22, 2025

Senate Votes to Block Clean Air Standards in California

The Senate voted on May 22 to block California’s first-in-the nation rule banning the sale of new gas-powered cars by 2035.

May 22, 2025

Trailer Orders Fall 32% Year Over Year in April

U.S. trailer orders came back down in April after a short-lived spike the previous month, ACT Research reported.

May 22, 2025

Trump Team Resists Nvidia, Upholds AI Export Curbs to China

“When it comes to inside China … there is still bipartisan and broad concern about what can happen to these GPUs once they’re physically inside” the country, a White House adviser said.

May 21, 2025

ATA Opposes Federal Probe That Could Increase Truck Tariffs

ATA and the U.S. Chamber of Commerce are opposing a proposed federal investigation into whether the importation of medium- and heavy-duty trucks and parts poses a threat to national security.

May 21, 2025

Toyota Could Make Small Pickup Trucks as US Demand Booms

Toyota is looking into offering a compact pickup in the U.S., potentially joining Ford and Hyundai in competing in the growing market for entry-level trucks.

May 21, 2025

Autonomous Truck Startup Einride Considers US IPO

Einride is shaking up its top management as the Swedish driverless truck startup lays the groundwork for a possible initial public offering.

May 21, 2025

Musk Expects ‘Hundreds of Thousands’ of Self-Driving Teslas

Elon Musk said that he expects hundreds of thousands of self-driving Teslas will be on the road requiring no human intervention by the end of next year.

May 21, 2025

Uber Raises $1.2 Billion With Aurora-Linked Bond Deal

The rare structure — bonds that turn into equity in another company if the underlying stock exceeds a set price after a period — offered investors a compelling combination of attributes.

May 20, 2025