LG Energy Solution plans to raise as much as $10.8 billion in what would be South Korea’s biggest-ever initial public offering, defying concerns over fires involving its batteries that led to a mass recall of Chevrolet Bolt electric vehicles.
December 7, 2021Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Intel to Take Mobileye Unit Public in 2022 IPO
Intel Corp. plans to list shares of its Mobileye self-driving car business by the middle of next year, letting the chipmaker capitalize on its investment in a burgeoning industry.
December 7, 2021Stellantis Wants to Outfit Cars With AI to Drive Up Revenue
MILAN — Carmaker Stellantis announced a strategy Dec. 7 to embed AI-enabled software in 34 million vehicles across its 14 brands, hoping the tech upgrade will help it bring in 20 billion euros ($22.6 billion) in annual revenue by 2030.
December 7, 2021Musk Says Cybertruck Will Be Able to Drive Diagonally
Elon Musk, CEO of Tesla, responded to a tweet speculating about what versions of the Cybertruck will be available for purchase by saying initial production will be of the four-motor variant.
December 3, 2021Elon Musk’s Tesla Share Sales Pass $10 Billion
Elon Musk’s offloading of Tesla Inc. shares surpassed the $10 billion mark as he sold stock in the electric car maker for the fourth consecutive week.
December 3, 2021Perspective: Supporting Operations With Trailer Intelligence
Automated truck companies make for popular industry conversation, but with great automated truck power comes great trailer responsibility. When exploring automated solutions, fleets must ensure their trailers get technological attention as well.
November 29, 2021Locomation Announces Results of Study on ARC Benefits
Autonomous truck technology company Locomation announced an independent environmental impact evaluation found its Autonomous Relay Convoy (ARC) system will dramatically reduce the greenhouse gas footprint, fuel consumption and operating costs of transporting goods by truck.
November 24, 2021Walmart Takes New Step Toward Making Aerial Deliveries Routine
Walmart Inc. is expanding its efforts to offer aerial deliveries to homes, joining with startup DroneUp to begin dropping off items ranging from cans of tuna to children’s thermometers.
November 22, 2021Self-Driving Stocks Join EVs as Next Trader Obsession
Self-driving technology companies are the latest automotive stocks to become an obsession of retail traders, with firms like Aurora Innovation Inc. surging Nov. 19 on high volume.
November 19, 2021UPS Expands Waymo Partnership to Include Autonomous Class 8 Trucks
Self-driving truck technology developer Waymo announced it expanded its partnership with UPS Inc. to include autonomous freight movement with Class 8 vehicles.
November 17, 2021