Cruise, the self-driving startup controlled by General Motors Co., is working with the automaker’s BrightDrop electric van business on a plan to develop autonomous delivery vehicles, people familiar with the matter said.
May 16, 2022Search
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Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
More Steps Needed to Reach Zero-Emission Future, Executives Say
LONG BEACH, Calif. — Top executives at some of the largest companies in trucking said many factors must come together before the industry can fully advance toward a zero-emission future.
May 12, 2022Foxconn Completes Acquisition of Lordstown Factory
Taiwan’s Foxconn Technology Group completed a transaction with Lordstown Motors Corp. to acquire the electric truck startup’s Ohio factory for $230 million and take over production of its Endurance pickup truck, a critical step as the iPhone manufacturer seeks to diversify into electric vehicles.
May 12, 2022Volvo to Supply 44 Electric Trucks to DHL
FRANKFURT, Germany — Swedish carmaker Volvo has signed a deal to supply 44 new electric trucks to German delivery firm Deutsche Post DHL to support its zero-emission targets, both companies announced May 12.
May 12, 2022DTNA Unveils Production-Ready eCascadia at ACT Expo
LONG BEACH, Calif. — Freightliner Trucks, a division of Daimler Truck North America, has unveiled its production-ready eCascadia Class 8 electric truck, built on the best-selling heavy-duty truck platform in North America.
May 10, 2022Tesla Q1 Earnings 7 Times More Than Year Ago
DETROIT — Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.
April 20, 2022Walmart Will Run Forklifts on ‘Green’ Hydrogen in Plug Power Deal
Plug Power Inc.’s bid to become a major supplier of carbon-free hydrogen just won the backing of one of the company’s oldest customers: Walmart Inc.
April 19, 2022Twitter Adopts ‘Poison Pill’ Defense in Musk Takeover Bid
PROVIDENCE, R.I. — Twitter said April 15 that its board of directors has unanimously adopted a “poison pill†defense in response to Tesla CEO Elon Musk’s proposal to buy the company for more than $43 billion and take it private.
April 15, 2022Elon Musk Makes $43 Billion Bid to Take Twitter Private
Elon Musk has made a controversial offer to buy Twitter Inc., saying the company has extraordinary potential and he is the person to unlock it.
April 14, 2022Musk Says Tesla Semi Coming Next Year
Tesla Inc. will start production next year of three products that have fallen well behind Elon Musk’s original schedule, including the Semi.
April 8, 2022