Equipment

Nikola Corp. posted a widening second-quarter financial loss as the electric vehicle startup said it is moving forward despite financial setbacks and the federal indictment of its former leader.

Cummins Inc. reported second-quarter net income and revenue soared, powered by North American engine sales. At the same time, the company announced it was exploring what it called “strategic alternatives” for its filtration business unit.

Daseke Inc. saw earnings and revenue increase during the second quarter, the company reported Aug. 3.

Stellantis NV raised its full-year profitability outlook substantially as strong demand and pricing carried the carmaker to much better-than-expected results for the first half.

ZF Friedrichshafen AG announced it appointed Wilhelm Rehm to head its forthcoming new commercial vehicle solutions division as it pursues what the company called its ambitious commercial vehicle growth strategy worldwide.

Dana Inc. reported large gains in second-quarter net income and revenue as strong customer demand for its products continued.

California is fast becoming a leading research, design and manufacturing center for electric vehicles, and Southern California has an outsized part in that development.

Van manufacturers are working to meet the demands of the growing e-commerce delivery business. They also see these vans as the perfect incubator for the transportation industry’s move toward electric-powered vehicles.

Local authorities have declared the fire at one of Tesla Inc.’s biggest utility-scale batteries in Australia under control after the blaze initially erupted July 30.