Struggling electric vehicle startup Fisker Inc. said it needs to renegotiate terms for recent financing or face the possibility of filing for bankruptcy protection.
Category: News
Nissan Promises Aggressive EV Push
TOKYO — Nissan will expand its electric vehicle lineup, develop more powerful batteries and cut production costs, while speeding up the whole process.
Exxon Presses Case for Hydrogen Tax Credit
Exxon Mobil pressed the case for hydrogen produced from natural gas to receive U.S. tax credits under the IRA after signing an accord to sell the fuel to Japan’s biggest power provider.
CATL Works With Tesla on Fast-Charging Cells
Contemporary Amperex Technology Co. Ltd. is working on faster charging batteries for Tesla Inc. as Elon Musk’s automaker seeks to defend its market share and roll out an electric car for under $25,000.
Boeing CEO Dave Calhoun to Step Down This Year
Boeing CEO Dave Calhoun will step down from the embattled plane maker at the end of the year after a series of mishaps at one of America’s most storied manufacturers.
The When, How, Where, and What of Produce Season
Produce season will have a tremendous impact on reefer volume, capacity across the board, and pricing. When will it hit, how will it impact capacity, and how much will prices go up?
VW to Test Driverless ID Buzz Van With Passengers on Board
HANOVER, Germany — Volkswagen Commercial Vehicles is to test its self-driving ID Buzz AD electric van for the first time under realistic conditions and with passengers on board.
Lincoln Focuses on Digital Technology Over Electrification
PALM SPRINGS, Calif. — While other small, premium brands have rushed toward high-tech, all-electric drivetrains, Lincoln is taking a different road.
Air Taxi Firm Joby Sees Service Starting in Dubai Before US
Joby Aviation Inc. expects to launch its flying taxi service in Dubai before anywhere else, including the startup’s home turf in the U.S.
Exxon Confident Its Intent With Guyana Contract Will Prevail
Exxon Mobil Corp. is convinced its interpretation of intent in a Guyanese oil contract signed a decade ago will prevail in a landmark arbitration case against Chevron Corp.