Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early this week, according to people familiar with the matter.
February 22, 2021Business, Technology, Fuel, Autonomous
Lucid Motors Reportedly Near Deal to Go Public
Business, Technology, Autonomous
ºÚÁϳԹÏÍø Chooses AWS as Cloud Provider
ºÚÁϳԹÏÍø announced it selected Amazon Web Services Inc. as its preferred cloud provider to handle the scale and speed needed for data transfer, storage and compute capacity as the company prepares to deploy its fleet of next-generation self-driving test trucks in New Mexico and Virginia.
February 19, 2021Business, Technology, Equipment, Safety, Logistics, Autonomous
How Consolidation Is Reshaping Trucking’s Technology Sector
Consolidation has dramatÂically reshaped trucking’s technology market over the past decade, with dozens of software and telematics companies joining forces to create larger organizations with expanded capabilities and broader reach.
February 19, 2021Technology, Autonomous
Apple in Discussions With Suppliers for Lidar
Apple Inc. is in discussions with multiple suppliers of self-driving car sensors known as lidar, according to people familiar with the matter, a key milestone toward development of its first passenger vehicle.
February 19, 2021Business, Technology, Autonomous
Lidar Startup AEye Goes Public in $2 Billion SPAC Deal
AEye Inc., a startup that makes lidar systems for self-driving vehicles, is going public by merging with blank-check company CF Finance Acquisition Corp. III in a deal valued at $2 billion.
February 17, 2021Government, Business, Technology, Logistics, Autonomous
Electric Aircraft Demand Seen Growing for Deliveries
Electric aircraft such as drones could account for 30% of same-day package deliveries by 2040 as network scale dramatically brings down costs, according to L.E.K. Consulting.
February 16, 2021Business, Technology, Fuel, Autonomous
Jaguar to Go All-Electric by 2025
LONDON — Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Feb. 15 as it outlined a plan to phase out internal combustion engines.
February 16, 2021Government, Business, Technology, Fuel, Autonomous
Dems to Push Clean Energy Tax Breaks in Infrastructure Plan
House Ways and Means Chairman Richard Neal unveiled plans to pursue tax breaks for renewable energy as a way to ease the shift away from fossil fuels in President Joe Biden’s upcoming infrastructure bill.
February 12, 2021Business, Technology, Autonomous
VW, Microsoft Extend Collaboration to Self-Driving Car Software
Volkswagen AG and Microsoft Corp. are expanding their cooperation involving the U.S. software giant’s cloud technology to include speeding up development of automated driving.
February 11, 2021Government, Business, Fuel, Autonomous
Toyota to Add Electric, Plug-in Hybrid Vehicles
DETROIT — Toyota says it will roll out two new battery-electric vehicles and one plug-in gas-electric hybrid in the U.S. this year as the parade of new EVs continues.
February 10, 2021