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Rivian Automotive Inc., the electric-vehicle startup backed by Amazon .com Inc., has hired a former finance chief from Alphabet Inc.’s self-driving arm Waymo.

Ford Motor Co. CEO Jim Farley made a bold bid for electric supremacy May 26 by boosting his company’s bet on plug-in models by more than a third, to $30 billion, and promising to electrify virtually the entire lineup.

Amazon .com Inc.’s new CEO will take the reins on July 5, the 27th anniversary of the company’s incorporation, outgoing CEO Jeff Bezos said during the annual shareholder meeting on May 26.

UPS is taking the lessons learned from the coronavirus pandemic to expand its specialty pharmaceutical offerings by establishing UPS Cold Chain Solutions, a suite of technologies, capabilities and global facilities that incorporates those lessons into an integrated logistics platform, the company announced May 24.

Motor carriers with a culture that prioritizes safety can protect themselves from frivolous lawsuits and help stave off the multimillion-dollar court settlements that make headlines in accident litigation involving trucking companies, safety experts said.

Tesla Inc. updated its website May 25 to announce that Model 3 and Model Y cars built for North America and shipping this month no longer will be equipped with radar.

Truck-Lite Co., a provider of LED lighting systems for commercial vehicles, announced it is relocating its headquarters to Knowledge Park at Penn State Behrend in Erie, Pa.

Lordstown Motors Corp. shares tumbled after the electric vehicle company cut its full-year production expectations for its Endurance pickup truck and said it will need outside capital.

Tritium, which makes fast chargers for electric vehicles, has reached an agreement to go public through a merger with blank-check company Decarbonization Plus Acquisition Corp. II.