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WeRide 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, 2024

NHTSA Seeks Information From Tesla on Fatal Cybertruck Crash

DETROIT — Federal safety authorities say they are seeking information on a crash and fire involving a Tesla Cybertruck that killed a driver of the futuristic new pickup.

August 7, 2024

Watch: Biden’s ‘Infrastructure Decade’ Becoming More Concrete

From coast to coast, a $1 trillion bipartisan infrastructure package is breathing life into long-awaited transportation projects.

August 7, 2024

NYC Smart Roads Deter Heavy Trucks on Aging BQE

New York City officials plan to launch an automated enforcement weigh-in-motion program for inbound Staten Island traffic after it proved successful on the Brooklyn-Queens Expressway.

August 6, 2024

SK Hynix Wins Grants, Loans for Indiana Chip Site

SK Hynix is set to receive an initial $450 million in U.S. grants and $500 million in loans to build an advanced chip packaging and research facility in Indiana.

August 6, 2024

US 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, 2024

British Columbia Investing in Hydrogen Hub on Highway 16

Canada’s British Columbia will grant $108,000 to develop a regional hydrogen hub to support business development along its western Highway 16 freight corridor from central Prince George to the Pacific Coast.

August 2, 2024

Biden’s ‘Infrastructure Decade’ Becoming More Concrete

A bipartisan infrastructure law topping $1 trillion is fueling a wave of freight and passenger mobility projects nationwide this summer.

August 1, 2024

Text Message Scammers Seek Fake Toll Fees in Multiple States

The FBI and tolling operators across the nation are issuing warnings about “smishing†text message scams asking people to pay fake toll charges on fraudulent websites.

July 31, 2024

Tesla 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