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NHTSA Rejects 2019 Petition to Probe Tesla Battery Software

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, 2021

GM-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, 2021

Leasing 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, 2021

Rivian 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, 2021

Ritchie 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, 2021

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, 2021

Kodiak 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, 2021

Nikola, 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, 2021

ATRI 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