Lightning EMotors, a company that focuses on fleet electrification and cutting out fuel consumption, is in advanced talks to go public through a merger with blank-check firm GigCapital3 Inc., according to people with knowledge of the matter.
November 19, 2020Search
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Electric Last Mile Solutions Said to Be in Merger Talks
Electric Last Mile Solutions, an electric vehicle startup, is in talks to go public through a merger with Forum Merger III Corp., according to people with knowledge of the matter.
November 19, 2020DHL Unveils Four Electric Tractor-Trailers
DHL furthered its green efforts with the launch of a new fleet of electric tractor-trailer vehicles, the company announced Nov. 17.
November 18, 2020FCC Reassigns Transportation Safety Spectrum
Despite pushback from transportation stakeholders and key policymakers on Capitol Hill, the Federal Communications Commission moved forward with its plan to reallocate some transportation safety spectrum for broadband uses.
November 18, 2020Tesla, Utility Giants Form ZETA, Calling for 100% EV Adoption by 2030
Tesla Inc. is joining rideshare company Uber Technologies Inc., Lordstown Motors, Rivian and others to lobby for 100% electric-vehicle adoption by 2030.
November 17, 2020Tesla Gets Green Light for S&P 500 Inclusion
Tesla Inc., Elon Musk’s 17-year-old upstart carmaker, took a giant step toward blue-chip respectability, getting named to one of the world’s most famous stock indexes in an action that will greatly broaden its investor base.
November 17, 2020Hyundai-Aptiv Venture Wins Driverless Test Approval in Nevada
Hyundai Motor Group and Aptiv Plc’s $4 billion self-driving venture received permission from the state of Nevada to test autonomous vehicles on public roads without a safety driver, the company said.
November 17, 2020Cummins Outlines the Future of Hydrogen Fuel Technologies
Engine manufacturer Cummins sees a future in fuel cell technology for itself and within the trucking industry, but noted during a virtual event that challenges lie ahead.
November 17, 2020CVG Posts Lower Earnings, Revenue in Q3
CVG reported lower net income and revenue in the third quarter as a result of a drop in commercial vehicle build rates offset by results from warehouse automation initiatives in the expanding e-commerce environment.
November 16, 2020EV Optimism Surges on Prospect of Biden Administration
Electric vehicle startups extended their winning streak on Nov. 13, buoyed by strong earnings results from some of their peers and Joe Biden’s projected presidential win.
November 13, 2020