With interest in alternative powertrains heating up, a mix of suppliers and original equipment manufacturers discussed in their latest earnings reports how they are preparing to help customers who face more options than ever.
May 7, 2019Search
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GM Self-Driving Unit’s Valuation Swells to $19 Billion
General Motors Co.’s self-driving unit drew $1.15 billion in fresh investment, with T. Rowe Price Associates Inc. joining existing backers, including Honda Motor Co. and SoftBank Vision Fund.
May 7, 2019SAP, Uber Join Forces to Integrate Freight Networks
Enterprise software firm SAP and load-matching app developer Uber Freight have partnered to connect their shipper and carrier networks in an effort to improve supply-chain efficiency.
May 7, 2019Perspective: Drivers Seek Improvements on Routes
An annual survey of thousands of drivers found that while most are happy with the pay structure their fleets offer, they see room for improvement with how their routes are selected.
May 7, 2019VW Said to Revive Push to Separate Peripheral Units
Volkswagen AG is renewing efforts to sell minority stakes in non-core operations to streamline its business and focus on the main passenger-car brands, according to people familiar with the matter.
May 6, 2019Haldex Adds New Product Lines
Haldex announced an array of product unveilings May 2, including its new line of Midland 3IN1 ConnectSets.
May 6, 2019Bill Aims to Boost Electric-Car Battery Mineral Production
A group of U.S. senators is introducing legislation to boost domestic production of “critical minerals” that are often imported from China to make electric car batteries.
May 6, 2019Autonomous Tech Could Make Tesla $500 Billion Company, CEO Elon Musk Says
Elon Musk described autonomous-driving technology as “transformative” to Tesla Inc. in a call aimed at ginning up interest in the electric-car maker’s debt and stock offering of about $2 billion, according to two people who dialed in.
May 3, 2019Electric Cars, Solar Compete for Same Parts
Electric vehicles and solar tend to get lumped together as partners in the climate-friendly push to phase out fossil fuels. Now they’re competing head-to-head for high-tech components that have been in short supply.
May 3, 2019FedEx, UPS Strive to Automate Loading and Unloading Trucks
As FedEx Corp. and UPS Inc. beef up automation to keep pace with surging e-commerce and a potential threat from Amazon.com, they’ve been stumped at a crucial stage: loading and unloading trucks.
May 3, 2019