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Alphabet Jumps Into Drone Air-Traffic Control With Flight App

Alphabet Inc.鈥檚 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

XL Fleet Added to Russell 3000, 2000 Indexes

XL Fleet Corp., a provider of hybrid electrification solutions for Classes 2-6 commercial and municipal vehicles, announced it has been added to the Russell 3000 Index and the U.S. Small Cap Russell 2000 Index effective June 28.

June 28, 2021

Schumer, Buttigieg Vow to Advance NYC Gateway Tunnel

Senate Majority Leader Chuck Schumer and Transportation Secretary Pete Buttigieg vowed to advance a long-delayed rail tunnel connecting New York and New Jersey using money expected to be appropriated this year.

June 28, 2021

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

Tesla Inc.鈥檚 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 鈥 more than 285,000 of them 鈥 be fixed to address a safety issue.

June 28, 2021

Chip Shortage Will Get Worse, Intel CEO Says

Intel Corp. CEO Pat Gelsinger predicted the shortage of semiconductors that鈥檚 hurting industries from automotive to consumer electronics will bottom out in the second half of this year before starting to improve.

June 25, 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鈥檛 just about breaking into a new market 鈥 it鈥檚 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

Biden, Key Lawmakers Agree on Bipartisan Infrastructure Deal

President Joe Biden announced on June 24 that 鈥渨e have a deal,鈥 signaling a bipartisan agreement on a $953 billion infrastructure plan that would achieve his top legislative priority and validate his efforts to reach across the political aisle.

June 24, 2021

Infrastructure Deal Closer With Biden, Senators Meeting June 24

President Joe Biden and a group of bipartisan senators are close to agreement on a $559 billion infrastructure plan that would fulfill one of his top priorities, according to lawmakers and officials familiar with the discussions.

June 24, 2021