China’s WeRide Inc. is seeking as much as $400 million in a U.S. initial public offering and concurrent private placement, people familiar with the matter said.
August 9, 2024Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Uber Beats Expectations as Rideshare Demand Remains Strong
Uber Technologies Inc. reported better-than-expected orders in the second quarter, underscoring the continued strength in demand for rideshare and delivery services.
August 6, 2024Aurora Raises $483 Million From Public Offering
Aurora Innovation raised $483 million in a public stock offering this week as the autonomous trucking company looks to fund operations beyond its commercial launch later this year.
August 5, 2024US Reportedly Moves to Ban China Software in Autonomous Cars
The U.S. may propose barring Chinese software in autonomous vehicles in coming weeks amid security concerns, according to Reuters.
August 5, 2024Tesla in Fatal Washington Crash Was Using Self-Driving System
DETROIT — Authorities in Washington have determined that a Tesla that hit and killed a motorcyclist near Seattle in April was operating on the company’s “Full Self Driving†system.
July 31, 2024Tesla Tester Nearly Crashes While Using ‘Full Self-Driving’
A Truist Securities analyst with a hold rating on Tesla’s stock wrote that he narrowly avoided a crash when he test-drove one of the carmaker’s vehicles and used its driver-assistance system.
July 30, 2024GM’s Cruise Targets Resumption of Driverless Rides This Year
Cruise is targeting a return to running fully autonomous rides later this year and possibly charging fares by early 2025, said people familiar with the matter.
July 25, 2024Atlas Energy to Deploy Self-Driving Trucks for Fracking Sand
Atlas Energy plans to deploy self-driving trucks developed by Kodiak Robotics for delivery of fracking sand to Permian Basin oil and natural gas wells in Texas beginning in early 2025.
July 24, 2024Tesla's Second-Quarter Profit Falls 45% to $1.48 Billion
DETROIT — Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric vehicle sales tumbled despite price cuts and low-interest financing.
July 23, 2024C.H. Robinson Launches AI-Leveraged Load-Matching Platform
C.H. Robinson Worldwide Inc. launched a new load-matching platform aimed at helping carriers improve efficiency, the company announced July 18.
July 22, 2024