Los Angeles-based Xos Inc., which is developing fully electric Classes 5-8 commercial vehicles for last-mile service, announced the completion of its business combination with NextGen Acquisition Corp. The combined company will have the name Xos Inc. and its shares began trading Aug. 20 on the Nasdaq Capital Market under the symbol XOS.
August 20, 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.
NTSB’s Jennifer şÚÁĎłÔąĎÍřndy Says Automated Driving Claims Erode Public Trust
The nation’s new chief accident investigator wants to send a message: growing public confusion over automated driving systems in the U.S. is threatening to undermine the potential safety benefits of the technology.
August 20, 2021Tesla Swaps Year-Away Robotaxis for Year-Away Humanoid Robot
More than two years after touting plans to turn Tesla Inc. vehicles into robotaxis that have yet to materialize, Elon Musk held another highly technical event about autonomous driving development.
August 20, 2021Senate Democrats Ask for Taiwan’s Help With Chip Shortage
Three Democratic senators are asking the Taiwanese government to help the U.S. with a chip shortage that has idled auto plants and sent workers packing throughout the industry as the global economy struggles to recover from the COVID-19 pandemic.
August 19, 2021Toyota Cuts Show Chip Shortage Ravages Even Best Supply Planners
Toyota Motor Corp.’s efforts to stockpile enough chips and other key components to ride out supply disruptions only protected the company so long before it too succumbed to the shortages eviscerating automakers.
August 19, 2021FTC Should Probe Tesla Autopilot Claims, Senators Say
Two U.S. senators are urging the Federal Trade Commission to investigate whether Tesla Inc. uses deceptive marketing practices by labeling its driver-assistance systems “Autopilot” and “Full Self-Driving.”
August 18, 2021Waymo to Build Facility in Dallas, Partner With Ryder on Maintenance
Autonomous truck developer Waymo Via announced plans to build a nine-acre facility near Dallas that will serve as a regional hub for advancing operations and service for automated Class 8 trucks.
August 18, 2021China Port Congestion Worsens as Ningbo Shuts for a Week
The partial closure of the world’s third-busiest container port is worsening congestion at other major Chinese ports, as ships divert from Ningbo amid uncertainty over how long virus control measures in the city will last.
August 18, 2021Lytx Launches Integration With Fleet Tech Providers
Video telematics company Lytx is integrating its solutions with a network of other software providers to offer customers an all-in-one fleet management platform.
August 17, 2021Does Tesla Probe Signal a Get-Tough Era at NHTSA?
The National Highway Traffic Safety Administration’s investigation into a possible defect involving Tesla Inc.’s Autopilot may signal a more activist approach by the Biden administration to regulating technology that is crucial to the auto industry’s future.
August 17, 2021