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, 2021Search
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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, 2021Tesla’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, 2021Tesla 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, 2020Year in Review: COVID-19, Infrastructure, Regulations Dominate 2020
The memory of 2020 will be forever linked to the COVID-19 pandemic.
December 18, 2020GM’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, 2020Tesla 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, 2020NACFE Launches New Initiative to Explore Autonomous Trucking
The North American Council for Freight Efficiency announced it has begun to explore autonomous goods movement by publishing a series of online articles under the banner NACFE’s Perspective on Autonomous Trucking.
November 30, 2020ZF Steers Course Deeper Into Commercial Vehicle Opportunities
ZF Friedrichshafen AG is looking to nearly double its 2019 revenue from its commercial vehicle segment, which now includes its $7.1 billion acquisition of Wabco Holdings Inc.
November 12, 2020General Motors Plans 3,000 Hires for EV Development
General Motors Co. is going on a hiring binge to accelerate its development of electric vehicles.
November 9, 2020