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Werner Advances Technology Initiative With IoT Partnership

Werner Enterprises has teamed with fleet management service Platform Science to advance its technology initiative, the companies announced Sept. 16.

September 16, 2020

Nikola Issues Fuller Denial of Short Seller Hindenburg’s Claims

Nikola Corp. made a fuller-throated denial of a report last week that claimed the electric-truck maker had deceived investors, accusing a short seller of mischaracterizations and distortions.

September 14, 2020

House Considers Electric Vehicles Legislation

Senate-passed legislation meant to promote access to electric vehicles around the country will be under consideration before the U.S. House of Representatives this month.

September 14, 2020

Nikola Slumps After Denial of Short Seller Report

Just days after announcing a $2 billion agreement with General Motors, Nikola Corp. is fighting back against a “short seller” accusing the startup of deception and lying about its electric technology.

September 11, 2020

Tesla Plans to Start Shipping Out Cars Made at Shanghai Gigafactory

Tesla Inc. plans to ship cars made at its Shanghai factory to other countries in Asia and Europe, according to people familiar with the matter, shifting its strategy for the plant to largely focus on supplying the local market.

September 11, 2020

Experts Stress Public Trust in AV Tech as E-Commerce Rises

As the pandemic prompts people to shop from their homes and rely on contactless delivery services, gaining public trust in automated vehicle technology remains essential, experts said.

September 11, 2020

US Stocks Resume Sell-off With Tech Battered Anew

A fresh sell-off in megacap technology shares sent stocks to the fourth loss in five days as investors remain worried that valuations stretched too far in a five-month rally. Treasuries rose with the dollar.

September 10, 2020

Nikola Disputes Charges of Deception

Nikola Corp. shares fell as much as 13% after Hindenburg Research published a report accusing the startup electric-vehicle maker of “deception” and lying about its technology.

September 10, 2020

VW’s Traton Boosts Bid for Navistar to $3.6 Billion

Navistar International Corp. confirmed that Volkswagen AG’s heavy-truck business boosted its bid to buy the rest of the U.S. manufacturer for $3.6 billion.

September 10, 2020

Navistar Reports Drop in Fiscal Q3 Earnings

A near 50% decline in truck sales, caused by the impact of COVID-19 on the economy, resulted in Lisle, Ill.-based Navistar International Corp. reporting sharp losses in its fiscal third quarter.

September 9, 2020