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Rivian Stumbles in Earnings Debut With Miss on EV Output

Rivian Automotive Inc. said it expects to fall short of its annual production target as the electric pickup maker gave investors the first look at its operations as a public company.

December 16, 2021

GM Plots Mass-Market EV Push

General Motors Co. has talked up its electric vehicle plans for years, and even generated buzz by resurrecting Hummer’s gas-guzzling name in the form of an electric pickup truck. Now comes the tough part: selling mass-market EVs.

December 16, 2021

Uber to Pilot Driverless Food Delivery in California in 2022

Uber Technologies Inc. plans to launch a driverless food-delivery pilot program in the U.S. next year, the company announced Dec. 16.

December 16, 2021

Trevor Milton Seeks to Dismiss Indictment

Nikola Corp. founder Trevor Milton asked a federal judge to throw out an indictment accusing him of misleading investors about the electric vehicle maker’s financial prospects.

December 16, 2021

Software Maker Samsara Rises in Trading Debut

Technology developer Samsara launched an initial public offering on Dec. 15, a move that a top executive said positions the company for continued growth by bringing in key investors to help fund future initiatives.

December 15, 2021

Aurora, Uber Freight Collaborate on Texas Pilot

Autonomous vehicle technology developer Aurora Innovation Inc. will launch a pilot program with Uber Freight to move goods in Texas.

December 15, 2021

Elon Musk Named FT’s Person of the Year for Transforming Car Industry

The Financial Times followed Time magazine in naming Elon Musk “Person of the Year,” with the British newspaper lauding the world’s richest man’s role in shifting the automotive industry toward an all-electric future.

December 15, 2021

Automakers to Battle Chip Crisis for Years, Consultancy Says

Carmakers including Volkswagen AG and General Motors Co. should brace for the global semiconductor shortage to last beyond next year and redesign cars so they need fewer of the high-tech components, consultancy Roland Berger said.

December 15, 2021

SkyBitz Launches SmartTank Portal

Asset-tracking provider SkyBitz has introduced a new management portal for its SmartTank wireless tank monitoring system.

December 14, 2021