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How Consolidation Is Reshaping Trucking’s Technology Sector

Consolidation has dramat­ically reshaped trucking’s technology market over the past decade, with dozens of software and telematics companies joining forces to create larger organizations with expanded capabilities and broader reach.

February 19, 2021

Lidar Startup AEye Goes Public in $2 Billion SPAC Deal

AEye Inc., a startup that makes lidar systems for self-driving vehicles, is going public by merging with blank-check company CF Finance Acquisition Corp. III in a deal valued at $2 billion.

February 17, 2021

Electric Aircraft Demand Seen Growing for Deliveries

Electric aircraft such as drones could account for 30% of same-day package deliveries by 2040 as network scale dramatically brings down costs, according to L.E.K. Consulting.

February 16, 2021

Jaguar to Go All-Electric by 2025

LONDON — Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Feb. 15 as it outlined a plan to phase out internal combustion engines.

February 16, 2021

Dems to Push Clean Energy Tax Breaks in Infrastructure Plan

House Ways and Means Chairman Richard Neal unveiled plans to pursue tax breaks for renewable energy as a way to ease the shift away from fossil fuels in President Joe Biden’s upcoming infrastructure bill.

February 12, 2021

VW, Microsoft Extend Collaboration to Self-Driving Car Software

Volkswagen AG and Microsoft Corp. are expanding their cooperation involving the U.S. software giant’s cloud technology to include speeding up development of automated driving.

February 11, 2021

Cruise Posted Most California AV Testing Miles in 2020

Cruise clocked the most miles of any company testing self-driving vehicles in California in 2020, according to new reports from the state’s Department of Motor Vehicles.

February 10, 2021

Apple More Than Doubled Autonomous Road Tests in 2020

Apple Inc. more than doubled road testing of its self-driving cars in 2020 as its autonomous technology improved, according to a report filed with the California Department of Motor Vehicles.

February 9, 2021

Aurora Partners With Toyota in Bid to Bring Autonomy to Masses

Aurora Innovation Inc., a Silicon Valley-based autonomous-driving startup with at least a $10 billion valuation, has agreed to a long-term strategic partnership with Toyota Motor Corp. and its supplier Denso Corp. that aims to mass produce autonomous vehicles and launch them on ride-hailing networks, including Uber’s, over the next few years.

February 9, 2021