DOVER, Del. — A Delaware judge on May 3 ordered lawyers representing Tesla Inc. directors to turn over certain communications that CEO Elon Musk may have shared with the company’s top in-house attorneys before the board approved a compensation plan in 2018 that could net Musk more than $50 billion.
May 4, 2021Business, Technology, Autonomous
Tesla Told to Provide Documents Involving Musk Compensation
Business, Technology, Autonomous
Ford-Backed Argo Sees New Sensor as Key for Self-Driving Cars
Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, has developed a sensor it believes will be key to commercializing autonomous transportation in cities, suburbs and on the highway.
May 4, 2021Business, Technology, Fuel, Autonomous, TCA
Ford Boosts Investment in Solid-State Battery Maker
Ford Motor Co. announced May 3 it is increasing its investment in a producer of solid-state batteries, yet another move in the automaker’s push to establish a sustainable supply of the components needed to power a coming wave of electric vehicles.
May 3, 2021Business, Technology, Safety, Autonomous
Kroger Joins Drone Delivery Race With Pilot From Ohio Store
Kroger Co. is diving into drone delivery, starting a pilot at a store near its Cincinnati headquarters.
May 3, 2021Government, Business, Technology, Logistics, Autonomous
Drone Startup Manna Raises Cash for US Expansion
Manna has raised $25 million to expand its drone fleet’s operations, including the addition of delivery services for prescription medical supplies and an initial expansion into the U.S.
April 30, 2021Business, Technology, Fuel, Autonomous
EV-Charging Industry Is Doing Everything Except Showing a Profit
President Joe Biden’s plan to wean U.S. drivers off fossil fuels requires massive investment in public charging stations to power the electric-car revolution. So far, none of the companies that deploy the equipment has figured out how to make a profit.
April 30, 2021Business, Technology, Autonomous
Self-Driving Truck Startup Plus Reported to Plan Hennessy SPAC Deal
Self-driving truck startup Plus is in talks to merge with special purpose acquisition company Hennessy Capital Investment Corp. V, according to people familiar with the matter, making it the latest autonomous vehicle maker seeking to go public via a blank-check firm.
April 30, 2021Government, Business, Technology, Autonomous
PennDOT Launches Public Survey on Automated Vehicles
The Pennsylvania Department of Transportation announced April 28 the launch of a survey meant to offer an idea of constituents’ perceptions and knowledge of automated vehicles.
April 29, 2021Government, Business, Technology, Safety, Autonomous
Policymakers Keep Autonomous Vehicles Bill on Senate’s Radar
Two of the key drivers of autonomous vehicle policy in Congress again touted its potential safety and economic benefits during a hearing with stakeholders.
April 28, 2021Government, Business, Technology, Equipment, Fuel, Autonomous
Unpaid Taxes Another Troubling Sign for Lordstown Motors
CLEVELAND — The failure of Lordstown Motors, an Ohio-based electric truck startup, to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad news this year.
April 27, 2021