Hyliion Holdings Corp., a manufacturer of electrified powertrain solutions for Class 8 commercial vehicles, announced the introduction of its next-generation battery module that integrates Toshiba’s LTO cells with Hyliion’s technology advancements.
February 12, 2021Search
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Navistar Adds Property to Support Texas Truck Plant
Navistar International Corp. announced it acquired a property in San Antonio to house support functions for its under-construction plant in the area.
February 12, 2021Goldman Sachs Creates Joint Venture for Auto Technology Deals
Goldman Sachs Group Inc. is creating a joint venture in its investment bank focused on catering to auto technology clients such as Tesla Inc. and the new class of companies trying to take on the top electric vehicle maker.
February 12, 2021Locomation Partners With Rush to Advance Autonomous Trucking
Locomation, a technology platform, announced Feb. 10 a strategic relationship with Rush Enterprises to advance autonomous trucking.
February 11, 2021Biden Team Pledges Aggressive Steps to Address Chip Shortage
The Biden administration is working to address the global semiconductor shortage that has caused auto manufacturers and other U.S. industries to halt production, a White House official said.
February 11, 2021Biden Says China Will ‘Eat Our Lunch’ Without Infrastructure Plan
President Joe Biden urged Congress to move quickly on a large infrastructure improvement plan in a meeting Feb. 11 with four senators, declaring that China is poised to “eat our lunch” otherwise.
February 11, 2021VW, Microsoft Extend Collaboration to Self-Driving Car Software
Volkswagen AG and Microsoft Corp. are expanding their cooperation involving the U.S. software giant’s cloud technology to include speeding up development of automated driving.
February 11, 2021Uber Narrows Loss in Fourth Quarter
Uber Technologies continued to post large losses in the fourth quarter, but said its freight business is growing quickly yet remains unprofitable.
February 11, 2021Amazon-Backed Rivian Reportedly Eyes EV Plant in Europe
Rivian Automotive Inc., the electric-vehicle maker backed by Amazon .com Inc., is scouting locations in Europe to build a new factory, according to people familiar with the matter.
February 11, 2021Cruise Posted Most California AV Testing Miles in 2020
Cruise clocked the most miles of any company testing self-driving vehicles in California in 2020, according to new reports from the state’s Department of Motor Vehicles.
February 10, 2021