Government, Business, Technology

Ford Is Investing $3.5 Billion in EV Battery Plant With China’s CATL

Ford Motor Co. is investing $3.5 billion in an electric vehicle battery plant in southwest Michigan that it will operate with technology and support from a Chinese battery maker that has stirred political controversy.

February 13, 2023
Government, Business, Technology, Equipment

SUVs Emerge as Hot Point in EV Tax Credit Debate

General Motors Co. has taken a central role in pushing the Treasury Department to change how the government defines a sport utility vehicle and expand how many buyers can get electric vehicle tax credits.

January 27, 2023
Government, Business, Technology, Equipment

Ford, China’s CATL Mull Workaround for New US Battery Plant

Ford Motor Co. and China’s Contemporary Amperex Technology Co. Ltd. are considering building a battery manufacturing plant in Michigan in a complex arrangement designed to reap new tax benefits.

December 15, 2022
Business, Fuel

Keystone Partial Restart Delayed, Timeline in Flux

TC Energy’s efforts to restart a segment of its Keystone oil pipeline after a 14,000-barrel spill have been delayed by bad weather, according to people familiar with the matter.

December 13, 2022
Business, Technology

Tesla to Suspend Output at Shanghai Factory in Late December

Tesla Inc. will suspend output in stages at its Shanghai electric car factory from the end of the month until as long as early January, according to people familiar with the matter, amid production line upgrades and slowing consumer demand.

December 9, 2022
Government, Business, Equipment

Trade Panel’s Resolution on Car Content Rules in Favor of Mexico, Canada Over US

A trade dispute resolution panel sided with Mexico and Canada over the U.S. on rules for cars shipped across regional borders, potentially giving more incentive to make auto parts in those nations.

December 8, 2022
Business, Equipment, Fuel

Tesla to Cut Output of EVs at Shanghai Factory

Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. 

December 5, 2022
Government, Business, Equipment, Logistics

Airbus CEO Sees Energy Crisis Weighing on Production Next Spring

Airbus SE said production concerns have shifted from a shortage of jet engines to smaller suppliers struggling to cope with spiraling energy costs, with the squeeze expected to become most acute next spring.

November 14, 2022
Government, Business, Safety

Nicole Lashes Florida With Rain, Leaves Thousands Without Power

Nicole, now a tropical storm, is lashing central Florida with heavy rain and powerful wind, leaving a trail of blackouts and floods.

November 10, 2022
Business, Logistics

Platinum Considers $1 Billion Canadian Logistics Firm Sale

U.S. private equity firm Platinum Equity is considering a sale of logistics firm Livingston International amid growing investor appetite in the sector, according to people familiar with the matter.

September 1, 2022