ºÚÁϳԹÏÍø

A bipartisan group of senators introduced legislation April 10 that would extend a lucrative tax credit for electric vehicles that could benefit companies such as Tesla Inc. and General Motors Co.

The Energy Department on April 3 announced that about $59 million is available for stakeholders seeking to develop projects that prioritize energy-efficient mobility systems, improve materials for powertrains, co-optimize advanced engine and fuel technologies, and create new mobility options.

Too much hype has built up about how soon self-driving cars will hit the road, but they will ultimately change the world, Ford Motor Co.’s CEO Jim Hackett said.

Volvo AB is exploring closer ties with Zhejiang Geely Holding Group Co. in China, in a sign the Swedish truckmaker and its largest investor are taking steps to collaborate.

Dry van and refrigerated trailers will evolve over the next 10 years to become more connected, lighter, more durable and more aerodynamic than today’s equipment, executives at major trailer manufacturers said.

XPO Logistics Inc. will launch expanded last-mile capabilities on its XPO Connect digital freight marketplace, company officials said.

Stronger-than-expected new car sales last month belied a dirty little secret: Automakers have been selling more vehicles to rental fleets in recent months to prop up volume.

Tesla Inc. shares plummeted as a record decline in deliveries during the first quarter stoked concern of slackening demand for the Model 3 sedan that started selling less than two years ago.

A private equity firm known for investing in tech companies such as Uber and SurveyMonkey has made a significant investment in Truckstop.com, an Idaho-based load board and freight-matching service, continuing the trend of private investment dollars flowing into trucking tech firms.