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Apple Cancels Work on Autonomous Electric Car

Apple Inc. is ending a decadelong effort to build an electric car, according to people with knowledge of the matter, abandoning one of the most ambitious projects in company history.

February 27, 2024

Gas Vehicles Currently Cheaper to Fuel Than EVs

With gasoline prices dropping, a new study suggests gas-powered vehicles may be more economical to fuel up versus an equivalent electric vehicle.

February 27, 2024

Ford Pauses F-150 Lightning Shipments

Ford Motor Co. has paused shipments of the 2024 F-150 Lightning pickup truck as part of a longer-than-expected quality check process.

February 26, 2024

Investors Flee Tumbling EV Upstarts

Investors have all but thrown in the towel on shares of EV startups Rivian Automotive and Lucid Group. 

February 26, 2024

Flexport Resurrects Convoy Services With New Tech Platform

Flexport launched a new technology platform that offers global shippers access to a trucking capacity marketplace of small carriers and owner-operators, the company announced Feb. 22.

February 23, 2024

Wireless Charging for EVs Is Inching Closer to Reality

Multiple startups have spent years working toward a world in which wireless EV charging goes mainstream, and as adoption picks up, momentum is building to make that dream a reality.

February 23, 2024

GM’s Cruise Prepares to Resume Robotaxi Testing After Halt

GM’s Cruise autonomous unit is nearing the resumption of testing in the coming weeks, with Houston and Dallas emerging as potential locations, according to people with knowledge of the matter.

February 23, 2024

Nikola Q4 Loss Dives 30.8% as R&D Costs Fall

Losses at Class 8 vehicle manufacturer Nikola Corp. narrowed 30.8% year-over-year in the fourth quarter of 2023 as research and development costs plummeted.

February 22, 2024

Volvo Stays Positive on Class 8 Truck Sales Prospects in ’24

Volvo Trucks North America is forecasting a solid year for Class 8 sales, but expects activity soon for a pre-buy of new trucks ahead of federal emission rules taking effect in 2027.

February 22, 2024