Technology
Tesla Shares Are Roaring Back
Tesla shares are up over 50% from a March 8 low of $563. (Angel Garcia/Bloomberg News)
Tesla Inc. shares are staging a comeback as investors expect the Elon Musk-led electric carmaker to navigate the crippling semiconductor shortage better than rivals that have been severely disrupted.
October 18, 2021Isuzu, Decisiv Collaborate on Dealership Network Management
Isuzu Commercial Truck of America
Isuzu Commercial Truck of America confirmed Oct. 15 a long-term collaboration with service management platform provider Decisiv.
October 18, 2021Commerce Head Gina Raimondo Aims to Bring Chip Manufacturing to the US
Commerce Secretary Gina Raimondo shows her Bulova watch. (Alex Brandon/AP)
President Joe Biden has tasked Commerce Secretary Gina Raimondo with ensuring the United States will be the world leader in computer chips.
October 18, 2021Foxconn Announces Electric Car Venture
One of the electric cars unveiled by Foxconn Oct. 18. (Taijing Wu/AP)
TAIPEI, Taiwan — The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Oct. 18 to produce electric cars for auto brands under a similar contract model.
October 18, 2021Ford to Make Electric Power Units in England
Patrick T. Fallon/Bloomberg News
LONDON — Ford Motor Co. plans to spend up to $315 million to turn a transmission factory in northwest England into a plant that will make electric power units for cars and trucks sold throughout Europe.
October 18, 2021Toyota to Build $1.29 Billion US Battery Plant
Lithium-ion batteries for the Toyota Prius. (Tomohiro Ohsumi/Bloomberg)
DETROIT — Toyota plans to build a $1.29 billion factory in the U.S. to manufacture batteries for gas-electric hybrid and fully electric vehicles.
October 18, 2021Senators to Introduce Antitrust Legislation Aiding Amazon Sellers
A worker watches as boxed merchandise moves along a conveyor belt to a waiting truck for delivery at the Amazon Phoenix Fulfillment Center in Goodyear, Ariz. (Joshua Lott/Bloomberg News)
A bipartisan group of U.S. senators announced Oct. 14 they were introducing additional legislation targeting platforms like Amazon’s marketplace amid news reports that say Amazon swipes product information from sellers to bolster its own brands, then favors those Amazon-branded products in search results.
October 15, 2021Nikola, PGT Trucking Collaborate on FCEVs
Nikola
Nikola Corp. announced a collaboration with PGT Trucking Inc. that includes a letter of intent from the flatbed carrier to lease 100 Nikola Tre heavy-duty fuel cell electric vehicles following the satisfactory completion of a Nikola Tre FCEV demonstration program.
October 15, 2021Taiwan Chipmaker Plans Plant in Japan, Says Shortages Easing
Gloved hands hold a semiconductor. (Ivan-balvan/Getty Images)
Taiwan Semiconductor Manufacturing Corp. has confirmed it is planning to build a computer chip factory in Japan.
October 15, 2021Cummins to Add 15-Liter Natural Gas Engine to Lineup
Cummins Inc.
Cummins Inc. announced it will bring to market a 15-liter natural gas engine for heavy-duty trucks.
October 14, 2021