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Autonomous electric yard tractor software developer Outrider raised $62 million in an oversubscribed Series D financing round, it said Oct. 24.

The venture aims to develop a centralized operating system that could accelerate industry innovation by separating software from hardware development cycles.

Volkswagen AG plans to close at least three factories in Germany as Europe’s biggest automaker tries to slash expenses to become more competitive.

Volkswagen’s truck manufacturing brand Scania plans to equip all its future electric trucks with Northvolt batteries, in a vote of confidence for the cash-strapped Swedish battery maker.

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Hyundai is recalling its hydrogen-powered Nexo SUV model in the United States for a fix after safety watchdogs warned of a potentially explosive fuel leak.

Fleet technology provider Samsara has released a new safety feature that proactively detects and mitigates drowsy driving through artificial intelligence.

Waymo, Alphabet Inc.’s autonomous driving unit, raised $5.6 billion from investors, its largest-ever funding round.

Tesla expects production of its Semi Class 8 tractor to accelerate to full throttle by the end of 2026, according to a senior executive, as the automaker offers more details about the vehicle.

Volkswagen AG’s forthcoming Scout line of battery-powered sport utility vehicles and pickup trucks is adding gasoline-fueled internal combustion engines to the mix.