All General Motors Co. CEO Mary Barra needed to hit a stock record was $27 billion and a bit of braggadocio.
January 20, 2021Search
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Anthony Levandowski Receives Trump Pardon
Outgoing U.S. President Donald Trump pardoned Anthony Levandowski, saving the engineer from more than a year in prison for stealing trade secrets from his former employer, Alphabet Inc.’s Waymo.
January 20, 2021US Automakers Plead for Government Help in Growing Chip Crisis
American automakers are asking the U.S. government to help solve a debilitating shortage of computer chips that is closing auto factories worldwide and could restrict production until the fall.
January 19, 2021Paccar, Aurora to Partner on Development of Autonomous Trucks
Paccar Inc. reached a deal with a California technology startup to develop and sell autonomous versions of two of its most popular Class 8 truck models.
January 19, 2021Spending on Global Energy Transition Hits Record $500 Billion
The world spent a record $501.3 billion in 2020 on renewable power, electric vehicles and other technologies to cut the global energy system’s dependence on fossil fuels.
January 19, 2021More Fleets Are Utilizing Remote Diagnostics
A growing number of motor carriers are taking advantage of remote diagnostics to streamline vehicle maintenance and reduce downtime, but fleets must know how to filter through the data to use this information effectively.
January 19, 2021Rivian Reportedly Reaches $27.6 Billion Value on New Funds
Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc.
January 19, 2021GM, Microsoft Lead $2 Billion Funding Round for Cruise
General Motors Co. and Microsoft Corp. are leading a $2 billion investment round in self-driving car startup Cruise in a deal that will bring the software giant’s cloud and edge-computing capabilities to the venture.
January 19, 2021Kodiak Begins Regular Disengage-Free Autonomous Deliveries
Kodiak Robotics Inc. announced trucks equipped with its Kodiak Driver autonomous system have begun making regular disengage-free customer deliveries on the middle-mile route on Interstate 45 between Dallas-Fort Worth and Houston.
January 19, 2021NACFE Plans Run on Less-Electric Event in September
The North American Council for Freight Efficiency announced plans for Run on Less-Electric, a technology demonstration of a variety of battery-electric trucks in everyday operation.
January 14, 2021