WASHINGTON—Daimler Truck North America, Navistar Inc. and Volvo Group North America have formed a coalition called Powering America’s Commercial Transportation.
MONACO—A new electric speedboat racing competition that has attracted interest from Tom Brady and other celebrities will begin this weekend in Jeddah, Saudi Arabia.
EDINBURGH—China’s growing dominance in the electric vehicle market will threaten foreign brands and spark global debate in 2024, according to a recent report by energy research and consulting firm Wood Mackenzie.
BYHALIA, MS—Accelera by Cummins, a joint-venture between Cummins Inc., Daimler Truck North America and Paccar Inc., plans to build a battery factory here.
Hyundai recently opened a facility in Singapore that is a 21st century version of Fiat’s famous Lingotto assembly plant in Turin, Italy, complete with a banked rooftop test track.