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Chip Delivery Times Shrank Rapidly in October as Supply Crunch Subsides

Chip delivery times shrank by six days in October, the biggest drop since 2016, adding evidence that demand for electronic components is falling off quickly.

November 10, 2022

Hyliion Reports Modest Q3 Revenue as Net Loss Widens

Hyliion Holdings Corp., which went public in 2020, reported a higher net loss on modest revenue in the third quarter. But the electrified powertrain provider ended the quarter with over $455 million of cash and marketable investments.

November 10, 2022

Amazon Unveils Smaller Delivery Drone That Can Fly in Rain

Amazon.com Inc. unveiled a new delivery drone on Nov. 10 that’s smaller, makes less noise and can fly through light rain, the latest effort to get the troubled and long-developing project off the ground.

November 10, 2022

California Sees Improvements in New Emissions Report

The California Air Resources Board has released a greenhouse gas emissions report showing a 33% drop in carbon pollution since 2001 that was achieved through a combination of tactics including expanded use of biodiesel and renewable diesel in heavy-duty trucks, greater use of electric vehicles and more fuel-efficient passenger vehicles.

November 8, 2022

Escalent Acquires Rhein Associates

Escalent, a data analytics and advisory firm, announced it acquired Rhein Associates and also secured a partnership with Work Truck Solutions to create a commercial vehicle and fleet research and advisory practice.

November 8, 2022

Nikola to Resell Charging Infrastructure From ChargePoint

Nikola Corp. and ChargePoint Holdings Inc. announced a partnership to enable Nikola and the Nikola sales and service dealer network to resell ChargePoint’s portfolio of charging infrastructure and software solutions to its fleet customers.

November 8, 2022

Renault, China’s Geely Announce Powertrain Joint Venture

Renault SA and China’s Geely announced plans on Nov. 8 for a jointly owned venture to produce gasoline-powered and hybrid powertrains, adding to a series of partnerships between global automakers to share soaring technology costs.

November 8, 2022

Aurora, Ryder Collaborate on AV Maintenance

Autonomous vehicle company Aurora Innovation Inc. and Ryder System Inc., a provider of supply chain, dedicated transportation, and fleet management solutions, announced a strategic collaboration to pilot on-site fleet maintenance.

November 8, 2022

Real-World Testing of Autonomous Trucks Ramps Up

Over the past year, the autonomous trucking sector has accelerated efforts to test its technology in real-world applications.

November 8, 2022

DTNA Looks at Potential 218,000 Trucks in Recall

Daimler Truck North America announced a recall of potentially 218,147 units including certain new Cascadia, Western Star and Business Class M2 models equipped with painted modulator valves and adaptive cruise control technology and related anomalies with braking.

November 8, 2022