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Dana Adds to Global E-Propulsion Manufacturing Footprint

Dana Inc. announced its latest push for a larger presence in global e-propulsion systems by expanding production of its TM4 low- to high-voltage electric motors, inverters and vehicle control units to India.

September 22, 2020

Rivian Faces Ban From Michigan Car Dealers in Direct-Sales Fight

Michigan auto dealers are trying to block startup electric carmakers including Rivian Automotive Inc. and Lucid Motors Inc. from following in Tesla Inc.’s footsteps by selling vehicles directly to consumers and servicing them in the state.

September 21, 2020

Walmart Aims to Eliminate Emissions From Its Fleet by 2040

Walmart Inc. on Sept. 21 outlined its goals to achieve zero-emission operations, which include fully converting its fleet to electric trucks.

September 21, 2020

FedEx Seeks to Add Small Self-Flying Planes for Remote Areas

FedEx Corp. is looking at using small self-flying cargo planes to serve remote areas after experimenting with a technology startup on autonomous aircraft, CEO Fred Smith said.

September 21, 2020

Elon Musk Gets Shot to Deliver on Tesla’s ‘Battery Day’ Hints

Tesla Inc. will provide a highly anticipated technology update Sept. 22 when Elon Musk takes center stage at an event the CEO has dropped hints about for months — and which has helped propel the company’s sky-high valuation.

September 21, 2020

Thermo King Debuts Unit to Support COVID-19 Cold Chain

Thermo King announced the launch of its Cold Storage Solutions unit intended to meet the unique requirements of global pharmaceutical companies developing COVID-19 vaccines.

September 21, 2020

Steve Girsky Rises From Matchmaker to Chairman at Nikola

With Trevor Milton having stepped down as executive chairman of Nikola Motor Co. Sept. 21, the spotlight now falls to new chairman of the board Steve Girsky.

September 21, 2020

Nikola Executive Chairman Trevor Milton Steps Down

Trevor Milton has voluntarily stepped aside as executive chairman and board member of Nikola Corp., the electric truck company he created, it was announced Sept. 21.

September 21, 2020

Stocks Hit Six-Week Low as Tech Slide Accelerates

Technology shares pushed U.S. stocks to a six-week low as investors searched for new catalysts to give direction to global markets. The dollar strengthened and Treasuries were little changed.

September 18, 2020

Amazon’s Zoox Gets Green Light for Robotaxi Tests in California

Amazon .com Inc.’s self-driving-car unit, Zoox Inc., is getting a green light from California to test autonomous vehicles on public roads without a safety driver, becoming the fourth company to receive the state’s blessing for truly driverless testing.

September 18, 2020