Proterra, whose focus is on heavy-duty electric transportation especially for buses, announced a $200 million investment led by Cowen Sustainable Advisors along with supporting investments from Soros Fund Management, Generation Investment Management and Broadscale Group.
October 16, 2020Transportation Technology News
Commercial freight transportation businesses rely on data, intelligence, and novel solutions for operational efficiency. Transport Topics technology coverage investigates available technologies, real-world applications of business solutions, and the strategies necessary for advancement. News topics focus on the latest applied science, and issues range from autonomous vehicle and robotics innovations to management software, tracking and transparency, data analytics, blockchain, and the internet of things.
Proterra Gets $200 Million From Private Equity Firms
Shell Adds E-Fluids to Portfolio
Royal Dutch Shell announced it added Shell E-Fluids to its specialized fluids portfolio to support battery-electric and fuel-cell electric powertrains for commercial light-, medium- and heavy-duty vehicles.
October 16, 2020GM to Rename Michigan Plant Factory Zero
DETROIT General Motors Co. on Oct. 16 renamed its Detroit-Hamtramck Assembly plant Factory Zero, a sign of GMs deepening commitment to an electric future that insiders call zero zero zero.
October 16, 2020Traton, Navistar Reach Agreement on $3.7 Billion Buyout
Traton SE announced Oct. 16 it had agreed to Navistar International Corp.s condition of a per-share price of $44.50 and will acquire all shares it does not already own as part of a $3.7 billion purchase of the U.S. truck maker.
October 16, 2020Nikola Shares Plunge After CEO Says Startup Can Go It Alone
Nikola Corp. CEO Mark Russell sees a path ahead for his company even if the embattled electric-truck startup is unable to come to terms with General Motors Co. on a proposed strategic partnership.
October 16, 2020GMs Cruise Unit OKd for Automated Tests in San Francisco
General Motors Co.s Cruise unit will be allowed to test autonomous vehicles on public roads in San Francisco without a safety driver, joining Amazon .com Inc.-backed Zoox Inc. and a handful of other self-driving startups.
October 15, 2020Bollinger Motors to Build Battery Packs for Its Electric Trucks
Oak Park, Mich.-based electric-vehicle startup Bollinger Motors on Oct. 15 said it will produce its own battery packs for its vehicles according to a new design it developed and for which it has submitted a patent.
October 15, 2020Automating Performance Coaching and Gamifying Driver Safety
Fast-track the development of a positive fleet safety culture with cutting-edge technology. Hear from industry leaders about how gamifying driver safety can encourage drivers to improve and maintain good driving habits while simultaneously reducing the need for managers to coach drivers face-to-face.
October 15, 2020Fiat Chrysler to Invest Up to $1.1 Billion in Canadian Plants
Fiat Chrysler Automobiles NV agreed to invest as much as $1.1 billion (C$ 1.5 billion) in one of its two assembly plants in Canada as part of a tentative agreement reached with more than 9,000 local autoworkers.
October 15, 2020New Drivewyze Service Allows for Custom Safety Alerts, Driver Feedback
Drivewyze introduced a safety system Oct. 14 that allows fleets to add customizable driving alerts and analyze driver behavior.
October 14, 2020Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics