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The permit will allow Tesla initially to carry its employees on a prearranged basis in company-owned vehicles, before later transporting members of the public.

Returning a more affordable option for its top-selling truck would reverse a decision last year by former CEO Carlos Tavares to stop making the entry-level model.

Torc has partnered with manufacturing company Flex and artificial intelligence specialist Nvidia to develop a scalable physical AI compute system for autonomous trucks, the company announced.

BYD can now add "charging as fast as refueling" to its marketing slogans, potentially helping it capture more market share from legacy automakers and direct rivals like Tesla.

Siemens plans to reduce its global head count by about 6,000 workers, including some in the EV charging business that is suffering from price competition and limited growth possibilities. 

International Motors parent company Traton Group will build vehicle software platforms with Mountain View, Calif.-headquartered software group Applied Intuition, the companies said.

People who live near ports fear that $3 billion earmarked from President Joe Biden's infrastructure law to boost electrification in order to reduce pollution will be canceled.

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