Aurora Innovation Inc., a Silicon Valley-based autonomous-driving startup with at least a $10 billion valuation, has agreed to a long-term strategic partnership with Toyota Motor Corp. and its supplier Denso Corp. that aims to mass produce autonomous vehicles and launch them on ride-hailing networks, including Uber’s, over the next few years.
February 9, 2021Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
DTNA Announces Detroit Brand ePowertrain
Daimler Trucks North America announced its proprietary Detroit ePowertrain for the upcoming Freightliner eCascadia and Freightliner eM2 models, and plans a $20 million investment in its Detroit brand manufacturing facility that will serve as the North American source of Detroit ePowertrain components.
February 9, 2021Bitcoin Surges to Almost $45,000 After Tesla Discloses Purchase
Bitcoin surged to an all-time high after Tesla Inc. said it has invested $1.5 billion, the biggest endorsement of the controversial cryptocurrency by a mainstream company.
February 8, 2021Automakers Push for Congressional Movement on AV Rules
A group of nearly four-dozen automakers, industry advocacy groups and corporations sent a letter to Congressional leaders Feb. 3 urging action on legislation that would allow for greater deployment of autonomous vehicles.
February 4, 2021Google Seeks OK to Test Drones for Firefighting
Google asked the U.S. Federal Aviation Administration for permission to test drones to research how the technology can help monitor and control fires.
February 3, 2021GM’s BrightDrop to Make EV600s for Merchants Fleet
DETROIT — Merchants Fleet, a fleet management company, plans to purchase commercial EV vans from General Motors Co.’s newly formed company BrightDrop.
February 3, 2021Amazon Starts Road Testing Rivian Electric Vans in Los Angeles
Amazon .com Inc. began testing the first lot of its Rivian Automotive Inc. electric delivery vans in Los Angeles as it works to fulfill a pledge to meet the goals of the Paris climate accord 10 years early.
February 3, 2021EV Startup REE Plans Merger With 10X Capital SPAC
REE Automotive, an electric-vehicle technology startup, has agreed to go public through a merger with 10X Capital Venture Acquisition Corp., a blank-check company, according to people with knowledge of the matter.
February 3, 2021AV Holds Promise, But Lacks ‘Go Anywhere’ Ability, Panelists Say
Experts advised people to manage their expectations of automated vehicles for their traveling capabilities.
January 28, 2021Nikola Backer Luxor Invests in European Electric Truck Startup
Nikola Corp. backer Luxor Capital Group LP is investing in European electric truck startup Volta Trucks AB to help the company scale its manufacturing and expand into North America and Asia.
January 27, 2021