Austin-based trucking startup AI Fleet is betting that using artificial intelligence technology and focusing on drivers could help transform the trucking industry.
December 9, 2021Search
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VW Boosts Future Tech Spending, Enlarges Management Board
Volkswagen AG raised its five-year spending plan and overhauled its management board, seeking to catch up with Tesla Inc. and end an internal dispute over the changes needed to get there.
December 9, 2021Mercedes Beats Tesla to Hands-Free Driving on the Autobahn
Daimler AG’s Mercedes-Benz won regulatory approval to deploy a hands-free driving system in Germany ahead of Tesla Inc., gaining an edge in the race to offer higher levels of automation in one of the world’s most competitive car markets.
December 9, 2021November Class 8 Orders Tumble in Historic Fall
A rosy supply chain arriving this holiday season to release handcuffed truck makers and reward fleets awaiting new trucks would certainly be a great gift to the industry — well, maybe next year.
December 9, 2021Meritor Forecasts Electrification Will Bring $1.5 Billion in Revenue by 2030
Meritor Inc. announced several new business awards that expand its role in vehicle electrification, including the medium-duty segment, and broaden its global reach to offset the cyclical North American truck market, its largest customer base.
December 8, 2021BMW Signs Long-Term Chip Deal
BMW AG signed a long-term deal to secure semiconductors for in-car lighting systems after a global shortage of the components led to shutdowns at some of its factories.
December 8, 2021Amazon Web Outage Affects Delivery Operation
An Amazon Web Services outage is wreaking havoc on the e-commerce giant’s delivery operation, preventing drivers from getting routes or packages and shutting down communication between Amazon and the thousands of drivers it relies on, according to four people familiar with the situation.
December 7, 2021Daimler, Waymo Outfitting Custom Chassis for Autonomous Driving
Daimler reported a custom Class 8 chassis specifically intended to support SAE Level 4 driving is being outfitted through its partnership with the autonomous technology company Waymo.
December 7, 2021Musk Not a Fan of Biden’s Build Back Better Act
Tesla Inc.’s Elon Musk spoke out in opposition to President Joe Biden’s signature economic package, questioning the need for legislation that would support electric car adoption due to concerns government spending is out of control.
December 7, 2021LG Energy Seeks Up to $10.8 Billion in Record IPO
LG Energy Solution plans to raise as much as $10.8 billion in what would be South Korea’s biggest-ever initial public offering, defying concerns over fires involving its batteries that led to a mass recall of Chevrolet Bolt electric vehicles.
December 7, 2021