A Rivian-backed startup developing small electric vehicles was valued at $1 billion in a new investment from Greenoaks Capital, according to people familiar with the matter.
July 8, 2025funding News Updates
AI Vehicle Software Supplier Applied Intuition Raises $600M
Applied Intuition expects to use the funds to develop its next phase of vehicle intelligence products and expand the company’s product roster and team.
June 18, 2025Congress to Finalize Transportation Funds After Elections
When lawmakers return to Washington after the November elections, their priority will be finalizing bills to fund operations at the U.S. Department of Transportation and other agencies.
October 1, 2024Buttigieg to Defend Fiscal 2025 Budget in Congress
The nation’s top transportation officer will defend the White House’s fiscal 2025 funding request for his department when he appears before congressional funding panels.
April 25, 2024Biden Enacts Fiscal 2024 Bills
Enactment of a fiscal 2024 funding package by President Joe Biden on March 23 paves the way for negotiations on next fiscal year’s funding measures.
March 25, 2024Road Designers Confront Challenges of Balancing Safety, Function
Trees and passenger vehicles number among the safety challenges for road design benefiting freight movement. Will the new influx of federal funding help us get it right?
April 25, 2023Upgrades Speed Up Truck Traffic at Border Crossing in Texas
Trucks are traveling quicker on four special fast lanes at a U.S.-Mexico border crossing after the Texas city of Laredo helped complete a construction project to reduce traffic congestion at the World Trade Bridge.
March 2, 2023Work Proposals Sought in Brent Spence Bridge Corridor Project
Kentucky and Ohio issued a call for construction and design proposals to fast-track the Brent Spence Bridge Corridor project.
February 24, 2023House Transportation Leaders Sam Graves, Scott Perry Target FEMA Aid
House Transportation leaders are asking the Federal Emergency Management Agency for details related to assistance programs linked to the COVID-19 pandemic.
February 23, 2023Brian Schatz of Hawaii to Lead Senate Funding Panel
The panel responsible for drafting funding legislation for federal transportation programs and operations will be led by Sen. Brian Schatz, the chamber’s leaders announced recently.
February 21, 2023Trending
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