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Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc.

General Motors Co. and Microsoft Corp. are leading a $2 billion investment round in self-driving car startup Cruise in a deal that will bring the software giant’s cloud and edge-computing capabilities to the venture.

Kodiak Robotics Inc. announced trucks equipped with its Kodiak Driver autonomous system have begun making regular disengage-free customer deliveries on the middle-mile route on Interstate 45 between Dallas-Fort Worth and Houston.

The North American Council for Freight Efficiency announced plans for Run on Less-Electric, a technology demonstration of a variety of battery-electric trucks in everyday operation.

President Donald Trump’s administration is starting to update federal motor vehicle safety standards to exempt self-driving cars from crashworthiness standards that are applied to cars operated by humans, a move questioned by safety advocates.

U.S. trailer orders in December jumped 140% from a year earlier as they cleared 42,000, ACT Research reported, citing trailer makers’ initial data.

Paccar Parts announced it is making available to customers electric vehicle charging stations designed to be compatible with Paccar Inc.’s Kenworth Truck Co., Peterbilt Motors Co. and DAF electric trucks.

Wall Street’s obsession with electric vehicles is touching off a new round of public listings and helping clean-tech companies to forge partnerships with powerful allies.

Hyliion Holdings Corp., a provider of electrified powertrain solutions for heavy-duty vehicles, announced Sherri Baker will join the company as chief financial officer.

The market for battery-powered delivery vehicles and equipment has so much potential that General Motors is forming a new business unit to serve it.