VinFast Names Vietnam’s Richest Billionaire New CEO
VinFast, the Vietnamese electric carmaker building a multibillion-dollar factory in North Carolina, has replaced its CEO and CFO in the company’s latest executive shuffle.
Diesel Drops 4.8¢ to $3.828 a Gallon
The national average diesel price continued its steady descent, shedding 4.8 cents to reach $3.828 a gallon, according to Energy Information Administration data released Jan. 8.
EV-Charging Firms Could Struggle With Finances in 2024
U.S. electric vehicle charging installations fell significantly last year as companies grappled with financial challenges, according to a BloombergNEF report.
Crossword Puzzle Solution for January 8, 2024
Here’s the solution to the crossword puzzle found in the January 8, 2024 print edition.
Shipping Shows Signs of Panic as Houthis Menace Trade Lane
Container shipping is set to face a crunch ahead of the Lunar New Year holiday as Houthi attacks in the Red Sea restrict capacity, a major industry consultant said.
Nikola Showcases Hydrogen Fuel Cell EV at CES
LAS VEGAS — Nikola Corp. showcased the range and maneuverability of its hydrogen fuel cell electric truck Jan. 7 during a test ride at CES 2024.
Stellantis Sales Drop 1% in 2023; Plug-In Hybrids Up
Stellantis NV reported a 1% U.S. sales decline in 2023, the company said Jan. 3. The automaker sold 1.527 million new vehicles last year, down from about 1.547 million sold in 202
Daimler Truck Deputy Chair Calls 15% Savings Goal Unrealistic
Daimler Truck Holding is not likely to achieve the 15% reduction in operating costs, investment and research and development expenditures it’s targeting by 2025, its deputy chair
Industry Takes Fresh Look at Reverse Logistics
Reverse logistics — the management and movement of returned goods — is one of the most significant systems in the economy, and one of the most complicated.
Driverless Truck Companies Hoping to Ditch Human Copilots
Driverless trucks with no humans on board will soon cruise Texas highways if three firms have their way despite objections from critics who say finances, not safety, is behind the