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Chips Shortage Hits Global Automakers

A semiconductor shortage is pinching some of the world’s biggest auto manufacturers, costing Daimler AG, Nissan Motor Co., Honda Motor Co., Ford Motor Co. and Fiat Chrysler Automobiles NV production for a range of cars.

January 8, 2021

Tesla’s Elon Musk Debates How to Give Away World’s Biggest Fortune

Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: $208 billion as of Jan. 8. What he does with it will be closely watched.

January 8, 2021

GM Changes Corporate Logo to Plug Its EV Strategy

General Motors Co. is changing its corporate logo for the first time in 56 years, giving it a new lowercase script that is designed to look more modern.

January 8, 2021

Cruise Hires Former Delta Air Executive Gil West as COO

Cruise, the self-driving car startup majority owned by General Motors Co., has hired former Delta Air Lines Inc. Chief Operating Officer Gil West for the same position as it prepares to start offering paid robotaxi rides in San Francisco.

January 8, 2021

Ship Orders Slump 50% With Owners Unsure Which Fuel to Use

Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels on order because they don’t know which alternative technology to switch to.

January 8, 2021

New Geotab Division Helps Utilities Support EV Adoption

Fleet management solutions provider Geotab unveiled a service Jan. 7 focused on helping utilities support electric vehicle adoption.

January 7, 2021

BayoTech Receives More Equity Investment

BayoTech Inc., a developer of on-site hydrogen production systems, announced it received an equity investment of up to $157 million.

January 7, 2021

FHWA Awards Grant Supporting AV Truck Project at Port of Virginia

The Federal Highway Administration recently awarded $49.6 million to support projects that incorporate transportation-related technologies.

January 6, 2021

Tesla’s Elon Musk Now World’s Richest Person

Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet.

January 7, 2021

Autonomous Startup Used by Mining Trucks Raises $47 Million

Oxbotica, a U.K. company that makes software for running autonomous vehicles, has raised $47 million in a fresh funding round that will go toward developing and deploying its products.

January 6, 2021