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Tesla Hits $500 Billion Mark; Musk Overtakes Gates

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, 2020

NHTSA 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, 2020

Tesla 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, 2020

Hyundai-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, 2020

VW 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, 2020

ZF 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, 2020

GM’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, 2020

Plus, 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, 2020

General 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