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Pennsylvania Experts, Lawmakers Ponder AV Safety Regulations

When it comes to autonomous vehicles, there isn’t just one way to go about safety. State regulators draft legislation. Independent firms create recommendations. Individual companies devise their own protocols. Stakeholders can agree on one thing: Safety is important.

August 11, 2022

Rivian Leads EV Slump After Investors Shun Money Losers

Even a breakthrough U.S. climate bill designed to encourage sales of electric cars has failed to revive investor interest in Rivian Automotive Inc., as the risk-hungry traders who catapulted its shares to dizzying heights last year shun companies for whom profitability is still years away.

August 11, 2022

Gas Prices Dip Just Below $4 for First Time in 5 Months

Gasoline prices dipped to just under the $4 mark for the first time in more than five months — good news for consumers who are struggling with high prices for many other essentials.

August 11, 2022

Daimler Truck Shrugs Off Supply Chain Issues With Rising Sales

Daimler Truck Holding AG overcame supply chain headwinds to increase unit sales during the second quarter of 2022, the company reported Aug. 11.

August 11, 2022

US House Lawmakers Unveil AV Caucus

Two House lawmakers formed a group to promote autonomous vehicle policies on Capitol Hill. Their aim is to generate support from colleagues for comprehensive legislation targeting the technology.

August 10, 2022

Entire US Supply Chain Needs 24/7 Operations, Not Just Ports, Official Says

All parts of the U.S. supply chain — not just its ports — need to move to round-the-clock operations to alleviate snarl-ups and reduce overall costs, President Joe Biden’s supply chain czar said.

August 10, 2022

Hyliion Reports Increased Interests in Powertrain for Q2

Hyliion Holdings Corp. continued to build up orders for its premier electric powertrain system during the second quarter of 2022, the company reported Aug. 9.

August 10, 2022

Musk Says Tesla Will Begin Shipping Semis Later This Year

Elon Musk offloaded $6.9 billion worth of stock in Tesla Inc. to accumulate cash ahead of a trial that could force the billionaire to follow through on an agreement to acquire Twitter Inc.

August 10, 2022

Nikola CEO Mark Russell to Retire Jan. 1

Truck manufacturer Nikola Corp. has announced a leadership change that places a 20-year automotive industry veteran at its helm.

August 10, 2022