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Tesla Shares Drop After Fire at EV Maker’s California Plant

Tesla Inc. shares fell a day after firefighters responded to an incident at the company’s factory in Fremont, Calif., containing a blaze in an area of the property under construction.

March 12, 2021

Ex-DOT Official Finch Fulton Joins Locomation

Locomation hired former U.S. Department of Transportation official Finch Fulton to serve as its vice president of policy and strategy.

March 5, 2021

New Mexico Takes Steps Toward Embracing Autonomous Vehicles

New Mexico legislators have introduced a bill that one says would set up in statute the authority to regulate and give guidance to the emerging autonomous vehicles industry.

March 4, 2021

VW’s Electric Car Stacks Up Well Against Tesla, Analyst Says

A teardown of Volkswagen AG’s first dedicated electric vehicle found it measures up favorably with Tesla Inc. models in several key aspects, sending the German carmaker’s shares to levels last seen before its diesel emissions scandal.

March 3, 2021

GM-Backed Cruise in Talks to Buy Startup Voyage

Cruise, the self-driving vehicle company majority owned by General Motors Co., is in talks to acquire Voyage, an autonomous technology startup that operates in retirement communities, according to people familiar with the matter.

March 3, 2021

Workhorse Passed Over as Oshkosh Wins USPS EV Contract

Electric-vehicle maker Workhorse Group Inc. plunged on Feb. 23, triggering multiple trading halts, after a key U.S. Postal Service contract that some had expected it to win went to rival Oshkosh Corp. instead.

February 24, 2021

Nikola Two Truck Will Run 900 Miles on Tank of Hydrogen, Company Says

Nikola Corp. announced updates on its zero-emission hydrogen fuel-cell electric commercial truck program as the company vied for attention beside other truck makers in an increasingly crowded space it helped create in 2016 with its introductory announcement.

February 23, 2021

Xos to Go Public and Expand Battery-Electric Vehicle Production

Xos Inc., a 5-year-old truck maker focused on delivering battery-electric commercial vehicles in Classes 5-8, announced a definitive agreement to go public through a business combination with NextGen Acquisition Corp., a publicly traded special purpose acquisition company based in Boca Raton, Fla.

February 22, 2021

Lucid Motors Reportedly Near Deal to Go Public

Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early this week, according to people familiar with the matter.

February 22, 2021