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Electric-Truck Maker Rivian Raises $1.3 Billion in New Funding

Rivian Automotive Inc., the electric truck maker already backed by Amazon.com and Ford Motor Co., raised another $1.3 billion from investors led by T. Rowe Price to support the rollout of its debut vehicles next year.

December 23, 2019

Volvo Taps Nils Jaeger to Lead Autonomous Unit

Volvo Group appointed Nils Jaeger president of its new autonomous solutions business unit.

December 20, 2019

Stakeholder Comments Mostly Endorse Trading Rearview Mirrors for Camera Systems

Despite some cautionary notes, public comment on a National Highway Traffic Safety Administration advanced notice of proposed rulemaking largely favored permitting camera-based, rear-visibility systems to replace mirrors on light vehicles and heavy trucks.

December 20, 2019

NTSB Cites Lithium Battery Fire in Deadly Crash

A speeding teenage driver caused the fatal crash of a Tesla Inc. vehicle in Florida in 2018 and the subsequent fire in the electric car’s battery contributed to the severity of his injuries, a federal investigation concluded.

December 20, 2019

2019: Freight Market Slowdown, Tariffs Diminished Trucking Industry's Performance

If 2018 was one big party for the trucking and freight business, 2019 was the day after the party.

December 20, 2019

Germany Restricts Uber Citing Anti-Competitive Practices

Uber Technologies Inc. has lost another ruling in Germany, after a regional court in Frankfurt ruled Dec. 19 that the company may not process orders for car-hire companies through its app.

December 19, 2019

Amazon’s Van-Buying Spree Delivers a Gift to Auto Industry

The Amazon.com vans parked outside apartment buildings and along suburban cul-de-sacs aren’t just bearing gifts to online shoppers this holiday season. The e-commerce giant’s home-delivery push has been a boon to automakers, too.

December 19, 2019

CARB Board Hears Public Comment on Plan for Electric Truck Future

Just when will heavy-duty electric trucks be ready for prime time, and when will motor carriers purchase them?

December 19, 2019

Trump Rebuffs Corn Farmers With Status Quo on Biofuels

The Trump administration on Dec. 19 set relatively flat quotas for plant-based fuels in 2020, rebuffing ethanol and biodiesel allies who said the targets don’t do enough to support the industry.

December 19, 2019