Rivian Automotive Inc., the maker of electric pickups backed by Amazon .com Inc., disclosed a net loss of almost $1 billion in the first half of the year in its initial public offering paperwork.
October 1, 2021Search
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Ritchie Bros. COO Jim Kessler Adds Role of President
Ritchie Bros. announced that Jim Kessler, its chief operating officer, will take on the additional role of president.
October 1, 2021Tesla Expects Delivery Record, Beating Supply Chain Turmoil
Tesla Inc. is expected to report record deliveries of roughly 224,000 vehicles in the most recent quarter, another milestone for CEO Elon Musk and his trailblazing electric-car brand.
October 1, 2021Kodiak Robotics Introduces Next-Gen Autonomous Truck
Kodiak Robotics has unveiled its fourth-generation autonomous truck, which is set to hit the roads during the fourth quarter.
October 1, 2021Nikola, Opal Fuels to Build Hydrogen Fueling Stations
Truck maker Nikola Corp. and Opal Fuels, a producer and distributor of renewable natural gas for heavy-duty truck fleets, announced their intent to co-develop and co-market hydrogen fueling infrastructure for trucking, beginning with on-site locations for private fleets.
October 1, 2021ATRI Report Urges Electric Tax to Help Fund Highway Repairs
A new report from the American Transportation Research Institute suggests that a small tax on electricity used specifically for transportation would produce much-needed support for the federal Highway Trust Fund, revenue from which pays for work on the nation’s roads and bridges.
September 30, 2021FMCSA Advised to Give Drivers 90 Days to Replace Recalled CPAP Devices
A medical advisory board to the Federal Motor Carrier Safety Administration has recommended that medical examiners be permitted to offer truck drivers alternative treatment options to sleep apnea machines that are subject to a massive recall.
September 30, 2021Lordstown to Sell Ohio Plant to Foxconn in $280 Million Deal
Lordstown Motors Corp. agreed to partner with Foxconn Technology Group in a $280 million deal that has the startup selling its former General Motors Co. factory in Ohio to the Taiwanese company in exchange for cash and an equity investment.
September 30, 2021New EV Charger Can Provide 62 Miles of Range in 3 Minutes
ABB Ltd. is preparing to roll out the first of its ultra-fast charging stations in a matter of weeks, providing enough power in less than three minutes to charge any electric car to drive 62 miles.
September 30, 2021Navistar Launches Redesigned International MV Series
Navistar Inc. announced the launch of the redesigned International MV Series, calling it a reimagining of its Classes 6-7 vocational vehicle that focuses on increased maneuverability, visibility and safety.
September 29, 2021