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Tesla Stock Wipes Out Gains for the Year

Tesla Inc. shares wiped out their year-to-date gains Feb. 23 and briefly traded below the level where they were when the electric carmaker entered the S&P 500 Index in December.

February 23, 2021

Xos to Go Public and Expand Battery-Electric Vehicle Production

Xos Inc., a 5-year-old truck maker focused on delivering battery-electric commercial vehicles in Classes 5-8, announced a definitive agreement to go public through a business combination with NextGen Acquisition Corp., a publicly traded special purpose acquisition company based in Boca Raton, Fla.

February 22, 2021

Lucid Motors Reportedly Near Deal to Go Public

Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early this week, according to people familiar with the matter.

February 22, 2021

°®¶¹´«Ã½ Chooses AWS as Cloud Provider

°®¶¹´«Ã½ announced it selected Amazon Web Services Inc. as its preferred cloud provider to handle the scale and speed needed for data transfer, storage and compute capacity as the company prepares to deploy its fleet of next-generation self-driving test trucks in New Mexico and Virginia.

February 19, 2021

How Consolidation Is Reshaping Trucking’s Technology Sector

Consolidation has dramat­ically reshaped trucking’s technology market over the past decade, with dozens of software and telematics companies joining forces to create larger organizations with expanded capabilities and broader reach.

February 19, 2021

Lidar Startup AEye Goes Public in $2 Billion SPAC Deal

AEye Inc., a startup that makes lidar systems for self-driving vehicles, is going public by merging with blank-check company CF Finance Acquisition Corp. III in a deal valued at $2 billion.

February 17, 2021

Electric Aircraft Demand Seen Growing for Deliveries

Electric aircraft such as drones could account for 30% of same-day package deliveries by 2040 as network scale dramatically brings down costs, according to L.E.K. Consulting.

February 16, 2021

Jaguar to Go All-Electric by 2025

LONDON — Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Feb. 15 as it outlined a plan to phase out internal combustion engines.

February 16, 2021

Dems to Push Clean Energy Tax Breaks in Infrastructure Plan

House Ways and Means Chairman Richard Neal unveiled plans to pursue tax breaks for renewable energy as a way to ease the shift away from fossil fuels in President Joe Biden’s upcoming infrastructure bill.

February 12, 2021