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The president of Canadian electric bus and truck manufacturer Lion Electric Co. resigned as the cash-poor company made a last-ditch attempt to stay afloat.

Europe’s bid to build a homegrown battery industry to break China’s dominance in electric vehicles is failing.

The Biden administration has reached a final agreement to give Micron Corp. nearly $6.2 billion in subsidies from a program designed to boost American semiconductor manufacturing.

Ascend Elements said it will start to market lithium carbonate, a key component in EV batteries, that it has been able to recycle and refine at its Covington, Ga., facility.

The average price of lithium-ion battery packs has fallen the most in seven years,  a development likely to accelerate price parity between electric vehicles and gasoline-powered cars.

Prime Minister Justin Trudeau said Canada “will respond” if U.S. President-elect Donald Trump imposes new tariffs on Canadian imports.

BARCELONA, Spain — Chinese electric battery company CATL and automaker Stellantis will build a major battery factory in northern Spain, the partners announced Dec. 10.

The decline represents the largest weekly drop since Dec. 11, 2023, when prices fell 10.5 cents. At the national level, diesel remains 52.9 cents cheaper than the same week in 2023.

FreightVana believes the deal will boost its position in the power-only brokerage segment. Loadsmith provides power-only and standard freight brokerage.

Continental launched a new longhaul drive tire for the U.S. market.