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Rivian Cuts 1% of Workforce in Second Round of Layoffs

Electric vehicle upstart Rivian, which recently put on pause plans to build a Georgia factory, said in mid-April it is laying off more workers as it cuts costs to buttress its balance sheet.

April 19, 2024

Waning EV Market Drags Down Chipmakers’ Shares

A waning electric vehicle market is dragging down shares of companies making chips for automobiles, with their limited exposure to AI excluding them from a broader rally. 

April 19, 2024

Tesla Recalls 3,900 Cybertrucks to Repair Faulty Pedals

Tesla Inc. recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.

April 19, 2024

Weather Sensors Will Aid Autonomous Trucks in Fort Worth

The federal government awarded Fort Worth, Texas, $2 million to test weather sensors on autonomous freight truck routes.

April 18, 2024

US Has a Fast EV-Charging Station for Every 15 Gas Stations

Automakers may be pumping the brakes on EV production in the U.S., but charging challenges — traditionally a major hurdle to adoption — are vanishing at a rapid clip.

April 18, 2024

Ford’s Commercial Business Is Defying the EV Slump

Demand from fleet-based vehicle operators is a lone bright spot for the EV industry as global sales sputter.

April 18, 2024

US to Provide $6.1 Billion for Micron Technology Chip Plants

WASHINGTON — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips.

April 18, 2024

NYC Congestion Plan Adds Money to Offset N.J. Harm, MTA Says

New York City’s congestion pricing plan will now include funds to help alleviate potential pollution issues the new tolling program may spark in New Jersey.

April 17, 2024

The Safer Route Forward

Program Aired: May 23, 2 p.m. ET For modern transportation companies, commercial vehicle navigation is more than just a nice-to-have – it’s an essential tool for keeping your drivers safe. Join Trimble’s Dwayne Lazarre as he walks you through how truck-specific routing guides your fleet through the unexpected – from weather to work zones (and nearly everything in between).

May 23, 2024