Volvo Group reported fourth-quarter net income rose amid a surge in North American truck orders, but revenue slipped.
February 3, 2021Search
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GM’s BrightDrop to Make EV600s for Merchants Fleet
DETROIT — Merchants Fleet, a fleet management company, plans to purchase commercial EV vans from General Motors Co.’s newly formed company BrightDrop.
February 3, 2021Amazon Starts Road Testing Rivian Electric Vans in Los Angeles
Amazon .com Inc. began testing the first lot of its Rivian Automotive Inc. electric delivery vans in Los Angeles as it works to fulfill a pledge to meet the goals of the Paris climate accord 10 years early.
February 3, 2021Eaton Reports Higher Q4 Net Income
Power management company Eaton Corp. reported higher fourth-quarter net income and a decline in revenue.
February 3, 2021EV Startup REE Plans Merger With 10X Capital SPAC
REE Automotive, an electric-vehicle technology startup, has agreed to go public through a merger with 10X Capital Venture Acquisition Corp., a blank-check company, according to people with knowledge of the matter.
February 3, 2021Uber to Buy Alcohol Delivery Startup Drizly for $1.1 Billion
Uber Technologies Inc. agreed to acquire Drizly Inc., which makes an on-demand alcohol delivery app, for $1.1 billion.
February 2, 2021DTNA Names Rakesh Aneja to Lead eMobility Unit
Daimler Trucks North America announced the appointment of Rakesh Aneja as the company’s new head of eMobility that is focused on electric drive systems.
February 2, 2021DTNA Finish First to Expand to East Coast
Daimler Trucks North America and Universal Technical Institute are expanding DTNA Finish First to UTI’s Orlando campus in summer 2021.
February 1, 2021Battery Maker Microvast Agrees to Merger With Tuscan SPAC
Battery maker Microvast Inc. will go public via a merger with blank-check company Tuscan Holdings Corp. in a deal that values the combined company at $3 billion.
February 1, 2021Ryder Expands Truck, Trailer Sharing Service
Ryder System Inc. expanded its truck ride-sharing program into California, Tennessee and North Carolina, the company announced Jan. 27.
January 29, 2021