• Trump Extends China Tariff Truce for 90 Days, CNBC Says

    Trump Extends China Tariff Truce for 90 Days, CNBC Says

    President Trump has decided to extend a tariff truce with China for an additional 90 days, which aims to stabilize trade relations between the two largest economies. This agreement, initially set to expire soon, allows both countries to reduce retaliatory tariffs and eases restrictions on critical e...

  • DTNA Backs EPA GHG3 Rollback; Other OEMs More Cautious

    DTNA Backs EPA GHG3 Rollback; Other OEMs More Cautious

    Daimler Truck North America (DTNA), the largest medium- and heavy-duty truck manufacturer in the U.S., has expressed support for the federal government's efforts to roll back stringent tailpipe emissions regulations, specifically the GHG3 standards and the NOx rule. Notably, while DTNA's stance is c...

  • Hyroad Energy to Buy Nikola’s Hydrogen Fuel Cell Trucks, IP

    Hyroad Energy to Buy Nikola’s Hydrogen Fuel Cell Trucks, IP

    Hyroad Energy has agreed to purchase the remaining physical assets and all intellectual property of the bankrupt truck manufacturer Nikola for $3.85 million. The deal was approved by Judge Thomas Horan of the U.S. Bankruptcy Court for the District of Delaware and includes 103 hydrogen fuel cell elec...

  • Nvidia, AMD Agree to 15% Chip Revenue Share With US

    Nvidia, AMD Agree to 15% Chip Revenue Share With US

    Nvidia and AMD have reached an agreement with the U.S. government to pay 15% of their revenue from chip sales to China in order to secure export licenses, following increased trade tensions between the U.S. and China. Nvidia will pay this percentage from H20 chip sales, while AMD will do the same fo...

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