Alabama port

Airbus (AIR: EURONEXT) broke ground for its new A220 manufacturing facility in Mobile, Alabama on Wednesday. The newest airliner in Airbus’ product line, the A220 is designed to revolutionize the market for 100-150 seat aircraft.

Global technology company Wabco Holdings has acquired a 1% equity stake in Nikola Motor Company with a $10 million investment. Nikola is designing a hydrogen-electric Class 8 truck.