Equipment

Volkswagen AG is overhauling its main factory in Germany to make two additional battery cars as Europe’s biggest automaker tries to get its electric shift back on track.

Paccar Inc. announced it declared an extra cash dividend of $2.80 per share, payable on Jan. 5, 2023, to stockholders of record at the close of business on Dec. 16.

Self-driving truck technology company TuSimple Holdings Inc. and truck maker Navistar, the parent of the International brand, announced an end to their co-development of autonomous trucks.

Apple Inc. has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car’s target launch date by about a year to 2026, according to people with knowledge of the matter.

The trend of falling battery prices has ground to a halt this year, with BloombergNEF’s annual lithium-ion battery price survey showing a 7% increase in average pack prices in 2022 in real terms.

The familiar expression about being driven to distraction acquires new layers of meaning for fleet safety managers and technology providers intent on tackling the challenge of distracted driving.

The Port of Savannah plans a $410 million overhaul of one of its sprawling terminals to make room for loading and unloading larger ships while focusing its business almost exclusively on cargo shipped in containers.

The accelerated and extensive build-out of electric vehicle charging infrastructure is prompting fresh conversations about their placement and the need for city-level resources.

Deutsche Post DHL Group will add 2,000 electric delivery vans to its global fleet as part of an agreement forged with Ford Pro, the companies announced Dec. 5.

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.