Freightliner eM2 Battery Electric Truck Enters Series Production

Daimler Truck North America (DTNA) has started series production of the Freightliner eM2, a battery electric medium-duty truck designed for pick-up and delivery applications. These vehicles are being manufactured at DTNA’s truck manufacturing plant in Portland, Oregon. The first production units in the U.S. will be delivered to Ferguson, Hogan Truck Leasing, Inc., Penske Truck…

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Log9 Materials to buy back INR 1.5 cr ESOP this year, ET Auto

This year’s ESOP buyback encompasses shares of 17 employees, many of whom have been instrumental in propelling Log9’s remarkable growth. New Delhi: In continuation of an unwavering commitment towards wealth creation for its team members, Log9 Materials, the emerging pioneers in battery technology, has announced an Employee Stock Ownership Plan (ESOP) buyback worth INR1.5 crore…

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Canada’s Magna expects to double EV parts, powertrain sales this year, ET Auto

Earlier in the day, the Canadian auto-parts supplier had raised its sales forecast for fiscal 2025 on sustained demand for parts, sensors and electrified powertrain systems. Canada’s Magna International said on Thursday it expects to “roughly” double sales at its unit that manufactures electric powertrains and parts for electric vehicles this year, as automakers rush…

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Eco-Friendly or Eco-Fraud? 13 Harsh Realities Electric Car Advocates Don’t Mention

Embarking on the journey towards a greener tomorrow, electric cars have captured our imagination with promises of cleaner air and sustainable mobility. While the advantages of driving emission-free vehicles are evident, the road to an electric future holds hidden twists and turns. From the toxic legacy of battery materials to the intricate dance between energy…

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