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GM’s BrightDrop to Make EV600s for Merchants Fleet

DETROIT — Merchants Fleet, a fleet management company, plans to purchase commercial EV vans from General Motors Co.’s newly formed company BrightDrop.

February 3, 2021

Amazon Starts Road Testing Rivian Electric Vans in Los Angeles

Amazon .com Inc. began testing the first lot of its Rivian Automotive Inc. electric delivery vans in Los Angeles as it works to fulfill a pledge to meet the goals of the Paris climate accord 10 years early.

February 3, 2021

EV Startup REE Plans Merger With 10X Capital SPAC

REE Automotive, an electric-vehicle technology startup, has agreed to go public through a merger with 10X Capital Venture Acquisition Corp., a blank-check company, according to people with knowledge of the matter.

February 3, 2021

Nikola Backer Luxor Invests in European Electric Truck Startup

Nikola Corp. backer Luxor Capital Group LP is investing in European electric truck startup Volta Trucks AB to help the company scale its manufacturing and expand into North America and Asia.

January 27, 2021

U.S. Xpress Latest to Invest in TuSimple

U.S. Xpress Enterprises Inc. announced it made a “significant” investment in autonomous trucking company TuSimple and that CEO Eric Fuller was named to TuSimple’s executive advisory board.

January 26, 2021

Tesla’s Elon Musk Debates How to Give Away World’s Biggest Fortune

Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: $208 billion as of Jan. 8. What he does with it will be closely watched.

January 8, 2021

Tesla Slides on First Day of Trading on S&P 500 Index

Tesla Inc. was among the biggest drags on the S&P 500 in its first day of trading on the benchmark.

December 21, 2020

Year in Review: COVID-19, Infrastructure, Regulations Dominate 2020

The memory of 2020 will be forever linked to the COVID-19 pandemic.

December 18, 2020

GM’s Cruise to Deploy Driverless Cars in San Francisco

SAN RAMON, Calif. — General Motors’ self-driving car company is sending out vehicles with nobody behind the wheel in San Francisco as it navigates its way toward launching a robotic taxi service that would compete against Uber and Lyft in the hometown of the leading ride-hailing services.

December 9, 2020

Tesla Seeks to Raise Another $5 Billion in Stock Offering

Tesla is looking to raise up to $5 billion in capital through a stock offering as the electric vehicle and solar panel maker seeks to take advantage of strong demand for its products.

December 8, 2020