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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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Tesla 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, 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, 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, 2021Electric Vans Roll Off Line That Once Made Gas-Guzzling Hummers
When the first snub-nosed, electric van rolled off the assembly line Sept. 28 at the Electric Last Mile Solutions Inc. plant in Mishawaka, Ind., it was a proud moment for the company’s co-founder and CEO, Jim Taylor. The van, one in a run of 1,000 scheduled for this year, is among the first of its kind in the U.S. market: a fully electric, light-duty vehicle meant for delivery workers, contractors and other commercial fleets.
September 29, 2021Silicon Valley Answer to the EV Question Calls for Less Silicon
As automakers scramble to make electric vehicles with longer ranges and speedier charging times, the chip industry has a message for them: You’re doing it wrong.
September 29, 2021Lucid to Deliver 520-Mile Electric Sedan in October
Lucid Group Inc. has started production on its debut electric consumer car, with deliveries to begin at the end of October.
September 28, 2021GM Debuts Midsize Electric Delivery Van
General Motors Co.’s electric van unit plans to build a new midsized cargo hauler called the EV410, and has signed up Verizon Communications Inc. as the first buyer, the company said Sept. 28.
September 28, 2021Total Sees Oil Demand Peaking Before 2030 in Power Switch
French energy giant TotalEnergies SE expects global oil demand to peak before the end of this decade, as more nations crack down on fossil fuels and promote cleaner power in transport and industry to mitigate global warming.
September 28, 2021