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Car manufacturers sitting on 800,000 pending orders

The Semiconductor shortage might have eased, but the queue for new hot-selling cars continues to get longer. As on date, passenger car makers have around 800,000 bookings yet to be delivered, according to industry sources. Around mid-February, deliveries pending were 760,000 units. At the end of the...

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ONE to supply batteries for Shyft electric trucks

Michigan-based startup Our Next Energy, known as ONE, said on Thursday it will supply batteries to Shyft Group for its Blue Arc electric commercial vehicles. ONE is scheduled to provide more than 15,000 battery packs over the next five years for Shyft's Class 3, 4 and 5 trucks. ONE's Aries li...