Business

Ford Motor Co. CEO Jim Farley said the U.S. must begin building batteries for the coming wave of electric vehicles in order to avoid supply disruptions like the semiconductor shortage now shutting American auto factories.

Qualifying California purchasers of the new Kenworth T680E battery-electric vehicle are eligible for a $120,000 incentive voucher from the California Air Resources Board, Kenworth Truck Co. announced.

A school system outside Washington is poised to become the nation’s biggest operator of electric school buses.

President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals, critical minerals and semiconductors that power cars, phones, military equipment and other goods.

Shares in Tesla Inc. gained in U.S. premarket trading, indicating that investors are buying the dip following a four-day drop that erased the electric carmaker’s year-to-date gains.

Shell Rotella, a lubricant brand of Royal Dutch Shell, will offer customers carbon neutral lubricants for heavy-duty engines in North America.

Trucks moved more swiftly last year through sections of road that historically are choked with congestion, as the coronavirus pandemic kept vehicles off the road and freed up highways for easier movement of freight, the American Transportation Research Institute said.

Electric-vehicle maker Workhorse Group Inc. plunged on Feb. 23, triggering multiple trading halts, after a key U.S. Postal Service contract that some had expected it to win went to rival Oshkosh Corp. instead.

Tesla Inc. shares wiped out their year-to-date gains Feb. 23 and briefly traded below the level where they were when the electric carmaker entered the S&P 500 Index in December.

BorgWarner Inc. and Akasol AG have signed a business combination agreement intended to position BorgWarner to strengthen its commercial vehicle and off-highway battery systems business.