Battery Maker LG Energy Posts Earnings Miss Amid Weak Demand
Battery maker LG Energy Solution Ltd. badly missed fourth-quarter earnings estimates amid weaker demand for electric vehicles and a drop in lithium prices that hurt revenue.
January 9, 2024EDI for Trucking: Everything You Need to Know
Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.
Lidar Maker Aeva Wins Multiyear Contract for Daimler Trucks
Aeva Technologies Inc. has won a multiyear contract to supply Daimler Truck Holding AG with technology to help advance autonomous driving on highways.
January 9, 2024Goodyear Unveils Plans for Sustainable EV Tires at CES
The Goodyear Tire & Rubber Co. is developing a product for electric vehicles that it says will bolster their competitiveness against gas-powered vehicles by extending tire duration.
January 9, 2024Drivewyze Offers Free Access to New Safety System
WASHINGTON — Transportation technology company Drivewyze announced at the Transportation Research Board conference Jan. 9 that it is making its new safety system available at no cost.
January 9, 2024TRB Unveils Critical Issues Report
WASHINGTON — A guiding document outlining issues deemed highly important across transportation modes was unveiled for the annual meeting of the Transportation Research Board.
January 8, 2024VinFast Names Vietnam’s Richest Billionaire New CEO
VinFast, the Vietnamese electric carmaker building a multibillion-dollar factory in North Carolina, has replaced its CEO and CFO in the company's latest executive shuffle.
January 8, 2024Nikola Showcases Hydrogen Fuel Cell EV at CES
LAS VEGAS — Nikola Corp. showcased the range and maneuverability of its hydrogen fuel cell electric truck Jan. 7 during a test ride at CES 2024.
January 8, 2024Daimler Truck Deputy Chair Wary of 15% Cost Savings Target
Daimler Truck Holding is not likely to achieve the 15% reduction in operating costs, investment and research and development expenditures it’s targeting by 2025, its deputy chairman said.
January 8, 2024Stellantis Sales Drop 1% in 2023; Plug-In Hybrids Up
Stellantis NV reported a 1% U.S. sales decline in 2023, the company said Jan. 3. The automaker sold 1.527 million new vehicles last year, down from about 1.547 million sold in 2023.
January 8, 2024Driverless Truck Companies Hoping to Ditch Human Copilots
Driverless trucks with no humans on board will soon cruise Texas highways if three firms have their way despite objections from critics who say finances, not safety, is behind the timetable.
January 5, 2024