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EU Plans Phaseout of Combustion Engine Era

The European Union is set to propose a switch to zero-emission vehicles and boost its renewable energy target in an unprecedented push to align its economy with more ambitious climate targets.

July 9, 2021

Ford-Backed Argo Chooses Citigroup, JPMorgan to Go Public

Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, is working with investment bankers as it prepares to go public as soon as this year with a valuation expected to top $7 billion.

July 8, 2021

Virginia DOT Rolls Out EV Charging Location Information

The Virginia Department of Transportation on July 7 introduced a new feature to help drivers locate electric vehicle charging stations.

July 8, 2021

TMC/FleetNet America Reports Spike in Unscheduled Roadside Repairs

Fleets experienced an increase in unscheduled roadside maintenance from the end of 2020 through the first quarter of 2021, according to benchmarking data compiled by service data program developer FleetNet America and the Technology & Maintenance Council of American Trucking Associations.

July 7, 2021

Stellantis Nears Deal to Build Major EV Battery Plant in Italy

Stellantis NV is leaning toward building its third European battery plant in Italy after Chairman John Elkann met with government officials in Rome earlier this week, according to people familiar with the discussion.

July 7, 2021

Ryder Seeks $3.7 Million Default Judgment Against Chanje

Ryder Truck Rental Inc. asked a federal judge to issue a $3.7 million default judgment in its civil lawsuit against a Chinese-backed truck maker that allegedly failed to make good on promises to deliver 100 Class 5 electric vehicles to Ryder in 2017.

July 7, 2021

ZF Group Launches Digital Validation Tool ADAS.ai

ZF Group's new scalable suite of data- and AI- based services is intended to help original equipment manufacturers digitally accelerate the development of advanced driver assist systems for commercial vehicles and passenger cars.

July 6, 2021

Chip Crisis Deepens With Daimler, Jaguar Warning of Lost Sales

Daimler AG and Jaguar Land Rover became the latest carmakers to warn of crimped sales as a result of the global semiconductor shortage, with the latter flagging that deliveries in the second quarter will be 50% worse than initially thought.

July 6, 2021

Daimler, Volvo, Traton Form $593 Million Truck-Charging Venture

Daimler AG, Volvo AB and Traton SE plan to set up a joint venture for a high-performance charging network for battery-electric trucks and coaches across Europe to keep up with tightening regulation in the European Union.

July 6, 2021