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Cruise, the autonomous vehicle startup majority-owned by General Motors Co., will tell investors this week that it sees a path for its ride-hailing business to reach $50 billion in revenue as the company ramps up over the next couple of years, people familiar with the matter said. GM’s shares jumped.

Jet-leasing firm Avolon Holdings Ltd. will work with Israel Aerospace Industries Ltd. to convert 30 Airbus SE wide-bodies for use as freighters, targeting an area in which demand has soared during the coronavirus pandemic.

Rivian Automotive Inc., the maker of electric pickups backed by Amazon .com Inc., disclosed a net loss of almost $1 billion in the first half of the year in its initial public offering paperwork.

Tesla Inc. is expected to report record deliveries of roughly 224,000 vehicles in the most recent quarter, another milestone for CEO Elon Musk and his trailblazing electric-car brand.

Kodiak Robotics has unveiled its fourth-generation autonomous truck, which is set to hit the roads during the fourth quarter.

Truck maker Nikola Corp. and Opal Fuels, a producer and distributor of renewable natural gas for heavy-duty truck fleets, announced their intent to co-develop and co-market hydrogen fueling infrastructure for trucking, beginning with on-site locations for private fleets.

A new report from the American Transportation Research Institute suggests that a small tax on electricity used specifically for transportation would produce much-needed support for the federal Highway Trust Fund, revenue from which pays for work on the nation’s roads and bridges.

A medical advisory board to the Federal Motor Carrier Safety Administration has recommended that medical examiners be permitted to offer truck drivers alternative treatment options to sleep apnea machines that are subject to a massive recall.