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, 2021Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Equipment Segment Marched to Higher Ground in 2021
The year 2021 will not soon be forgotten in truck equipment circles that were buffeted by a persistent severe virus carried over from 2020, by its new variants and more related supply chain and labor disruptions.
December 16, 2021GM 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, 2021Uber 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, 2021Trevor 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, 2021Software 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, 2021Aurora, 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, 2021Elon 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, 2021Automakers 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, 2021SkyBitz Launches SmartTank Portal
Asset-tracking provider SkyBitz has introduced a new management portal for its SmartTank wireless tank monitoring system.
December 14, 2021