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Pony AI Raises $413M, Shares Surge in Nasdaq Debut

With Pony’s offering, Chinese companies have raised $1.2 billion via U.S. IPOs this year, nearly double the amount in the same period in 2023 but below the heights seen during the pandemic.

November 27, 2024

Stellantis Might Shutter UK Van Plant Over EV Rules

Stellantis had already threatened to pull the plug on its U.K. operations, warning about the impact of what it says are the country’s too stringent EV targets.

November 26, 2024

Weather: Winter Season Brings Additional Compliance Challenges

Fleets seeking snow removal technology must consider factors such as multi-height equipment and yard space constraints, said Debora Babin Katz, vice president ofÌý, a company that manufactures a large, mobile brush to remove snow from trailers.Ìý

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November 26, 2024

Newsom, Musk Clash Over California EV Incentive Plan

Gavin Newsom is positioning California as a foil to Donald Trump’s policies, laying the groundwork for resistance on everything from deportations to regulation rollbacks.

November 26, 2024

Rivian’s $6.6 Billion Loan Advances EV Factory Timeline

The loan would come from the U.S. Energy Department’s Advanced Technology Vehicle Manufacturing program.

November 26, 2024

Samsara Partners With Northland Insurance on Telematics Use

Samsara is teaming up with Northland Insurance to offer the latter’s customers a discount on their premiums or subsidies for investments, the in-cab technology provider said.

November 25, 2024

FleetPulse Expands Into Canada

Trailer telematics specialist FleetPulse is set to become available for Canadian fleets, the company said Nov. 20.

November 25, 2024

Nebraska Sues Truck OEMs Over ‘Collusion’ on California Deal

Nebraska's attorney general filed an antitrust suit against four major original equipment manufacturers, alleging they colludedÌý to eliminate choice and raise truck prices.

November 25, 2024

Tesla, Rivian Reach Conditional Settlement in Poaching Suit

Tesla didn’t disclose specifics, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.

November 25, 2024

Bosch to Cut 5,500 Jobs as Auto Industry Slump Deepens

Parts supplier Robert Bosch GmbH plans to cut 5,500 jobs globally, mainly in Germany, as the car industry’s woes ripple through the supply chain.

November 22, 2024