Ford, VW face more work stoppages due to chip shortage
Ford and GM say the chip shortage could cost the automakers more than $1 billion in earnings during 2021.
Ford and GM say the chip shortage could cost the automakers more than $1 billion in earnings during 2021.
After a delay in getting hydrogen infrastructure partners, Nikola cuts its second deal in a week, this one withTravelCenters of America.
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There continue to be concerns about when these new orders will be prepared, as many truck manufacturers continue to deal with semiconductor shortages.
Nikola founder and former Executive Chairman Trevor Milton pockets $49 million in sale of electric truck maker’s shares.
UK electric van and bus startup Arrival adds to Charlotte, North Carolina, presence with second US microfactory targeted to fill UPS order.
The soon-to-be parent of Navistar increases electrification investment to $1.9 billion by 2025 and says 80% of its brands’ trucks will be electric by 2030.
Short seller Hindenburg Research alleges fictitious orders and other fraudulent at electric pickup truck startup Lordstown Motors.
Nikola has less need for partners for its hydrogen fueling stations now that it has a sweet price for electricity in Arizona.
A global semiconductor chip shortage continues to affect auo factories on both sides of the United States-Mexico border.
Navistar reported a Q1 fiscal loss in its final earnings in 35 years as the public holding company for International Trucks and IC buses.
The United States’ infrastructure was put to the test recently when Winter Storm Uri passed through the lower half of the country. As a result, production at petrochemical plants shut down and the industry is now on the brink of a potential seat shortage.
Commercial vehicle fuel cell maker Hyzon Motors is adding a fuel cell facility to make enough key components for 1,200 fuel cells a year.
Workhorse Group shares tanked after the U.S. Postal Service awarded a 10-year contract to Oshkosh Truck Corp. to modernize the aging mail delivery fleet.
FreightWaves Truck Talk is a weekly newsletter adding perspective, context and commentary to industry news and trends.
Hydrogen-powered fuel cells always seem to be five or 10 years from a meaningful presence on the transportation stage. That may finally be changing.
Driveline and thermal management supplier Dana Inc. has $700 million in new business from auto and truck makers. Half of it is in electrification contracts.
General Motors is extending temporary shutdowns at three assembly plants, including one in San Luis Potosí, Mexico.
FreightWaves Truck Talk is a weekly newsletter adding perspective, context and commentary to industry news and trends.
Hyzon Motors, the fuel cell startup could get hundreds of millions of dollars in backing from a special purpose acquisition company this week.