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Robotics Firm AutoStore Plans IPO at $10 Billion Value

AutoStore is weighing an initial public offering that could value the Norwegian warehouse robotics company at more than $10 billion, according to people familiar with the matter.

June 29, 2021

Alphabet Jumps Into Drone Air-Traffic Control With Flight App

Alphabet Inc.’s drone-delivery venture, Wing, is releasing free software for U.S. drone users to get permission to fly near sensitive areas such as airports.

June 29, 2021

Xos Delivers Test Vehicles to UniFirst

Xos Inc., a Los Angeles-based manufacturer of fully electric Classes 5-8 commercial vehicles, announced it signed an agreement to deliver three Xos electric step vans to UniFirst Corp. in a test program with potential for additional vehicle purchases for use across the United States.

June 29, 2021

Tesla Dealt Big Blow as Almost All Cars in China Need Safety Fix

Tesla Inc.’s aspirations in China were dealt a major blow over the weekend after the government ordered that almost all the cars it has sold in the nation — more than 285,000 of them — be fixed to address a safety issue.

June 28, 2021

Tech Giants Make Push Into Autonomous Driving

For tech giants that are diving into self-driving tech or have grand plans for their own cars, that push isn’t just about breaking into a new market — it’s about defending valuable turf.

June 25, 2021

Embark to Go Public, Merge With SPAC in $4.5 Billion Deal

Self-driving truck technology company Embark Trucks Inc. has entered into a definitive business combination agreement with Northern Genesis Acquisition Corp. II, a special purpose acquisition company.

June 24, 2021

VW CEO Sees Autonomy Transforming Cars More Than Electrification

Volkswagen AG is undergoing the world’s largest industrial overhaul for the electric-vehicle age, plotting half a dozen battery plants just in Europe and retooling assembly lines around the globe. And yet, its CEO sees autonomous-driving technology bringing about an even bigger shift.

June 22, 2021

Amazon in Talks to Buy Stake in AI Truck-Driving Startup Plus

Amazon .com Inc. has placed an order for 1,000 autonomous driving systems from self-driving truck technology startup Plus and has acquired the option to buy a stake of as much as 20%, Plus said in a regulatory filing.

June 21, 2021

Bridgestone Invests in Kodiak Robotics

Bridgestone Americas announced it made a minority investment in self-driving truck technology company Kodiak Robotics Inc.

June 18, 2021

FedEx to Test Nuro Autonomous Delivery Vehicles

STATEN ISLAND, N.Y. — FedEx Corp. announced June 15 that it has partnered with Nuro, one of the nation’s leading autonomous vehicle companies, to test the use of driverless vehicles for multistop and appointment-based deliveries in Houston.

June 18, 2021