Transportation Secretary Elaine Chao credited stakeholders for helping regulators propel the industry forward through a challenging 2020.
December 8, 2020Search
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Trevor Milton Plans to Remain Top Nikola Owner Post-Lockup Expiration
Trevor Milton said he remains committed to his Nikola Corp. holding and doesn’t plan to relinquish his position as its largest shareholder even though a restriction has been lifted, addressing speculation that he could divest of his stake in the company he founded and resigned from.
December 8, 2020Aurora to Buy Uber’s Self-Driving Vehicles Arm
Uber is selling off its autonomous vehicles-development arm to Aurora as the ride-hailing company slims down after its revenues were pummeled by the coronavirus pandemic.
December 7, 2020Some Experts See Plane-Crash Risk Rising on Expansion of 5G Spectrum
A plan to redeploy spectrum for super-fast 5G wireless networks is sparking concern among aviation safety experts that it could result in interference with the electronics on aircraft, potentially leading to crashes.
December 7, 2020Luminar Technologies More Than Doubles Post SPAC Merger
Peter Thiel-backed Luminar Technologies Inc. briefly touched an all-time high within days of emerging as a stand-alone company as investor excitement over developers of laser sensors that enable autonomous driving ramped up.
December 7, 2020Arkansas’ Mobile Job Simulator Promotes Industry
Be Pro, Be Proud, a workforce development initiative, puts students behind the wheel of a truck driving simulator inside a tractor-trailer.
December 7, 2020Daimler Picks Bernd Pischetsrieder to Be Next Chairman
Daimler AG’s supervisory board picked Bernd Pischetsrieder to be its next chairman and help navigate the maker of Mercedes-Benz luxury cars through a seismic industry transformation.
December 3, 2020Carriers, Law Enforcement Learning the Ropes for Hemp Transport
The chairman of a Commercial Vehicle Safety Alliance working group focused on hemp said that while interstate transport of the substance is legal, potential risks remain for motor carriers and drivers hauling it.
December 3, 2020Elon Musk’s $139 Billion Fortune Leads Huge EV Wealth Gains
Elon Musk’s dizzying ascent in 2020 hit a new peak this week as he’s about to become the head of an S&P 500 Index company. That’s just days after surging to the second-richest person on the planet with a $139 billion fortune.
December 3, 2020Cars on Hyundai’s Electric Platform Can Charge 80% in 18 Minutes
Hyundai Motor Group plans to build 23 electric vehicles on its new EV-dedicated platform, and is aiming to sell 1 million of the cars worldwide by 2025, the South Korean automaker said Dec. 2.
December 2, 2020