The National Highway Traffic Safety Administration rejected a 2019 petition to open a formal investigation into Tesla Inc.’s battery management software, according to documents posted to the agency’s website.
October 4, 2021Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Roger Nielsen Joins SafeAI Board
SafeAI Inc., which is helping off-road industries including mining and construction move toward autonomy, announced that former Daimler Trucks North America CEO Roger Nielsen has joined its board of directors.
October 4, 2021GM-Backed Cruise Sees Autonomous Unit Growing Past $50 Billion
Cruise, the autonomous vehicle startup majority-owned by General Motors Co., will tell investors this week that it sees a path for its ride-hailing business to reach $50 billion in revenue as the company ramps up over the next couple of years, people familiar with the matter said. GM’s shares jumped.
October 4, 2021Leasing Firm Avolon Cuts Deal to Convert Airbus A330s for Cargo
Jet-leasing firm Avolon Holdings Ltd. will work with Israel Aerospace Industries Ltd. to convert 30 Airbus SE wide-bodies for use as freighters, targeting an area in which demand has soared during the coronavirus pandemic.
October 4, 2021Rivian Details $1 Billion Loss, Amazon Deal in IPO Filing
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, 2021Ritchie Bros. COO Jim Kessler Adds Role of President
Ritchie Bros. announced that Jim Kessler, its chief operating officer, will take on the additional role of president.
October 1, 2021Tesla 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, 2021Kodiak Robotics Introduces Next-Gen Autonomous Truck
Kodiak Robotics has unveiled its fourth-generation autonomous truck, which is set to hit the roads during the fourth quarter.
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, 2021