Lithium Price Slump Means Batteries Are Cheaper Than Ever
Lithium’s benchmark price in China is now down about 80% from its November 2022 record high. At that time, lithium miners were enjoying soaring profits and carmakers were se
GM Says Strike Cost $1.1 Billion, but Raises Dividend
General Motors says pretax earnings took a $1.1 billion hit due to production lost during the UAW’s strike, but the company expects to absorb the new contract’s costs a
Toyota Sells Part of Denso Stake to Raise Cash for EVs
Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations, Japan’s top automaker said Nov. 29.
Alabama to Build $30 Million EV Tech Workforce Training Hub
A $30 million workforce training center focused on electric vehicle technology will be built in Decatur, Ala., Gov. Kay Ivey announced Nov. 27.
NRF Reports Record Thanksgiving Shopping Weekend
Thanksgiving weekend shoppers surpassed their record turnout from last year, marking a strong unofficial start to the holiday season, according to the National Retail Federation.
FMCSA Warning: Drivers Who Drug-Test Positive Will Lose CDLs
FMCSA has issued a warning that late next year truck drivers who test positive for drug use will not only be placed on prohibited status, but will lose their commercial driver lice
Congress Has NDAA on End-of-Year To-Do List
Finalizing a comprehensive Pentagon policy bill is among the legislative items on Congress’ radar before adjourning for the year.
Lineage Logistics Eyes Over $30 Billion Valuation in IPO
Lineage Logistics is targeting a valuation of more than $30 billion in an initial public offering, people familiar with the matter said, in what could be one of next year’s large
Winterization Process Requires Preparation, Training
From treacherous road conditions to freezing temperatures, even the most conscientious of drivers need to exert caution on the roads during the winter.
Schneider’s Freightliner eCascadias Reach 1 Million-Mile Mark
Freightliner eCascadia battery-electric trucks operated by Schneider reached 1 million zero-emission miles carrying customer freight, the carrier said