Steel giant ArcelorMittal is investing $1.2 billion to build an Alabama mill slated to produce advanced steel by 2027 for hybrid and electric vehicle motors to feed into the U.S. supply chain.
February 14, 2025electric truck News Updates
ArcelorMittal to Build $1.2 Billion Alabama EV Steel Mill
Perspective: A Case Study on Building EV Charging Networks
The level of stakeholder buy-in required to propel electrification in trucking cannot be overstated, as a single example in California illustrates.
February 3, 2025Lion Electric President Nicolas Brunet Resigns
The president of Canadian electric bus and truck manufacturer Lion Electric Co. resigned as the cash-poor company made a last-ditch attempt to stay afloat.
December 10, 2024Bus, Truck Maker Lion Electric Sells Facility to Raise Funds
Days after laying off 400 staff and halting production at its Joliet, Ill., bus manufacturing plant, Lion continued its ongoing fundraising push with the building sale.
December 6, 2024Stellantis Delays Electric Ram Truck Debuts to Early 2025
Stellantis NV will delay the arrival of its two electric pickup trucks to the first half of 2025 from the end of this year, CEO Carlos Tavares said Nov. 19.
November 20, 2024Geely Cuts Volvo Stake but Says Will Stay Long-Term Investor
Volvo AB’s second-largest shareholder Geely confirmed it lowered its stake in the company by redeeming bondholders with the truck maker’s shares over the past months.
January 10, 2024Stellantis to Launch Four Electric Pickup Trucks
Stellantis NV on Oct. 18 laid out its offensive in the commercial vehicle market, committing to launching four electrified pickup trucks in North America over the next two years.
October 19, 2023Colorado to Put More Electric Trucks, Semitrailers on Roads
Colorado’s trucking industry will need to start investing in zero-emission semitrailers, buses and delivery trucks as soon as 2027 as part of the state’s strategy to reduce emissions.
April 25, 2023Nikola Earnings Show Revenue Miss, Weak Electric Truck Delivery Forecast
Nikola Corp. posted an earnings loss amid efforts to expand the business during the fourth quarter of 2022, the company reported Feb. 23.
February 23, 2023Lightning eMotors Capitalizes on Federal Electric Truck Incentives
Lightning eMotors, a Loveland, Colo.-based manufacturer and seller of electric vehicles for commercial fleets, has been certified under the “buy America” program, making its products eligible for federal grants designed to help electrify the nation’s transportation.
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