WeRide Inc. has postponed its plan for a U.S. initial public offering, according to people with knowledge of the matter, days before Chinese regulatory approval lapses.
August 22, 2024Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Will Amazon’s AI Bet Pay Off?
More than any of the megacap technology stocks, Amazon.com Inc.’s big-spending ways are coming at the expense of profits, and its shares are being punished as a result.
August 20, 2024Tesla Gets Lower EU Tariff Than Chinese Rivals in Draft Plan
For Tesla Inc., the 9% tariff is relatively welcome news, as it’s lower than what other manufacturers face.
August 20, 2024GM to Cut More Than 1,000 Software Engineers, Mostly in US
General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.
August 19, 2024DOT Safety Plan Promotes Wireless Communications on Roadways
USDOT released a plan to promote the advancement of a developing technology enabling vehicles and road infrastructure to communicate with each other to improve safety.
August 16, 2024WeRide May Seek Up to $400 Million in US IPO, Placement
China’s WeRide Inc. is seeking as much as $400 million in a U.S. initial public offering and concurrent private placement, people familiar with the matter said.
August 9, 2024Uber Beats Expectations as Rideshare Demand Remains Strong
Uber Technologies Inc. reported better-than-expected orders in the second quarter, underscoring the continued strength in demand for rideshare and delivery services.
August 6, 2024Aurora Raises $483 Million From Public Offering
Aurora Innovation raised $483 million in a public stock offering this week as the autonomous trucking company looks to fund operations beyond its commercial launch later this year.
August 5, 2024US Reportedly Moves to Ban China Software in Autonomous Cars
The U.S. may propose barring Chinese software in autonomous vehicles in coming weeks amid security concerns, according to Reuters.
August 5, 2024Tesla in Fatal Washington Crash Was Using Self-Driving System
DETROIT — Authorities in Washington have determined that a Tesla that hit and killed a motorcyclist near Seattle in April was operating on the company’s “Full Self Driving” system.
July 31, 2024