Tesla Inc. will start exporting Model 3 cars made at its gigafactory on the outskirts of Shanghai to Europe later this month, the automaker said in a statement sent via WeChat.
October 19, 2020Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Proterra Gets $200 Million From Private Equity Firms
Proterra, whose focus is on heavy-duty electric transportation especially for buses, announced a $200 million investment led by Cowen Sustainable Advisors along with supporting investments from Soros Fund Management, Generation Investment Management and Broadscale Group.
October 16, 2020Lightning Systems to Supply Fluid Truck With Electric Rental Trucks
Lightning Systems, a provider of complete electrification solutions for urban commercial fleets, announced that Fluid Truck placed an order for 600 Lightning electric vehicles that will be made available starting in the fourth quarter.
October 16, 2020Shell Adds E-Fluids to Portfolio
Royal Dutch Shell announced it added Shell E-Fluids to its specialized fluids portfolio to support battery-electric and fuel-cell electric powertrains for commercial light-, medium- and heavy-duty vehicles.
October 16, 2020GM to Rename Michigan Plant ‘Factory Zero’
DETROIT — General Motors Co. on Oct. 16 renamed its Detroit-Hamtramck Assembly plant “Factory Zero,” a sign of GM’s deepening commitment to an electric future that insiders call “zero zero zero.”
October 16, 2020Traton, Navistar Reach Agreement on $3.7 Billion Buyout
Traton SE announced Oct. 16 it had agreed to Navistar International Corp.’s condition of a per-share price of $44.50 and will acquire all shares it does not already own as part of a $3.7 billion purchase of the U.S. truck maker.
October 16, 2020Nikola Shares Plunge After CEO Says Startup Can Go It Alone
Nikola Corp. CEO Mark Russell sees a path ahead for his company even if the embattled electric-truck startup is unable to come to terms with General Motors Co. on a proposed strategic partnership.
October 16, 2020GM’s Cruise Unit OK’d for Automated Tests in San Francisco
General Motors Co.’s Cruise unit will be allowed to test autonomous vehicles on public roads in San Francisco without a safety driver, joining Amazon .com Inc.-backed Zoox Inc. and a handful of other self-driving startups.
October 15, 2020Bollinger Motors to Build Battery Packs for Its Electric Trucks
Oak Park, Mich.-based electric-vehicle startup Bollinger Motors on Oct. 15 said it will produce its own battery packs for its vehicles according to a new design it developed and for which it has submitted a patent.
October 15, 2020Fiat Chrysler to Invest Up to $1.1 Billion in Canadian Plants
Fiat Chrysler Automobiles NV agreed to invest as much as $1.1 billion (C$ 1.5 billion) in one of its two assembly plants in Canada as part of a tentative agreement reached with more than 9,000 local autoworkers.
October 15, 2020