Tesla Inc. is smashing through records as its impending addition to the S&P 500 Index has sparked a buying frenzy among investors, pushing the company’s market valuation over the $500 billion mark for the first time on Nov. 24.
November 24, 2020Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Gatik’s Self-Driving Delivery Vans Head North to Canada
Gatik, a Silicon Valley-based self-driving startup, has begun hauling cargo for Loblaws Inc., Canada’s largest grocer.
November 23, 2020NHTSA Seeking Input on Autonomous Vehicle Rules
The U.S. government’s road safety agency is asking for public comment on how it should regulate safe deployment of self-driving vehicles.
November 19, 2020Tesla Gets Green Light for S&P 500 Inclusion
Tesla Inc., Elon Musk’s 17-year-old upstart carmaker, took a giant step toward blue-chip respectability, getting named to one of the world’s most famous stock indexes in an action that will greatly broaden its investor base.
November 17, 2020Hyundai-Aptiv Venture Wins Driverless Test Approval in Nevada
Hyundai Motor Group and Aptiv Plc’s $4 billion self-driving venture received permission from the state of Nevada to test autonomous vehicles on public roads without a safety driver, the company said.
November 17, 2020VW Boosts Tech Spending Within $177 Billion Investment Plan
Volkswagen AG will reserve a bigger slice of its 150 billion euro ($177 billion) budget for investment in electric cars and software in the next five years, stepping up technology spending to navigate a tectonic industry shift even as the COVID-19 pandemic roils markets.
November 13, 2020ZF Steers Course Deeper Into Commercial Vehicle Opportunities
ZF Friedrichshafen AG is looking to nearly double its 2019 revenue from its commercial vehicle segment, which now includes its $7.1 billion acquisition of Wabco Holdings Inc.
November 12, 2020GM’s Cruise, Walmart Team Up for Driverless Delivery
Walmart Inc. is about to team up with Cruise, the self-driving car unit majority-owned by General Motors Co., to experiment with delivering customer orders using driverless vehicles.
November 10, 2020Plus, FAW Self-Driving Truck Passes Certification Test in China
Self-driving truck startup Plus announced that a commercial truck equipped with its automated driving technology has passed a national certification test and met all safety and performance requirements to begin on-road operation in China.
November 10, 2020General Motors Plans 3,000 Hires for EV Development
General Motors Co. is going on a hiring binge to accelerate its development of electric vehicles.
November 9, 2020