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Spending on Global Energy Transition Hits Record $500 Billion

The world spent a record $501.3 billion in 2020 on renewable power, electric vehicles and other technologies to cut the global energy system’s dependence on fossil fuels.

January 19, 2021

More Fleets Are Utilizing Remote Diagnostics

A growing number of motor carriers are taking advantage of remote diagnostics to streamline vehicle maintenance and reduce downtime, but fleets must know how to filter through the data to use this information effectively.

January 19, 2021

Rivian Reportedly Reaches $27.6 Billion Value on New Funds

Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc.

January 19, 2021

GM, Microsoft Lead $2 Billion Funding Round for Cruise

General Motors Co. and Microsoft Corp. are leading a $2 billion investment round in self-driving car startup Cruise in a deal that will bring the software giant’s cloud and edge-computing capabilities to the venture.

January 19, 2021

Kodiak Begins Regular Disengage-Free Autonomous Deliveries

Kodiak Robotics Inc. announced trucks equipped with its Kodiak Driver autonomous system have begun making regular disengage-free customer deliveries on the middle-mile route on Interstate 45 between Dallas-Fort Worth and Houston.

January 19, 2021

NACFE Plans Run on Less-Electric Event in September

The North American Council for Freight Efficiency announced plans for Run on Less-Electric, a technology demonstration of a variety of battery-electric trucks in everyday operation.

January 14, 2021

NHTSA Eyes Exemptions From Some Safety Rules for Self-Driving Cars

President Donald Trump’s administration is starting to update federal motor vehicle safety standards to exempt self-driving cars from crashworthiness standards that are applied to cars operated by humans, a move questioned by safety advocates.

January 14, 2021

US Trailer Orders in December Surge Past Year Earlier

U.S. trailer orders in December jumped 140% from a year earlier as they cleared 42,000, ACT Research reported, citing trailer makers’ initial data.

January 13, 2021

Paccar Parts Begins Selling Electric Vehicle Chargers

Paccar Parts announced it is making available to customers electric vehicle charging stations designed to be compatible with Paccar Inc.’s Kenworth Truck Co., Peterbilt Motors Co. and DAF electric trucks.

January 13, 2021

Hunt for the Next Tesla Fuels Wave of EV Deals

Wall Street’s obsession with electric vehicles is touching off a new round of public listings and helping clean-tech companies to forge partnerships with powerful allies.

January 12, 2021