Volkswagen and Rivian named leaders for their multibillion-dollar joint venture and showcased a prototype electric vehicle, signaling their commitment even as global EV demand softens.

Lucid Group Inc.’s electric vehicle production dropped in the third quarter and missed analysts’ forecasts, even as deliveries exceeded expectations.

Lucid Group will get a cash infusion of as much as $1.5 billion from an affiliate of Saudi Arabia’s Public Investment Fund, the second time this year the EV maker has received much-needed funding.

Tesla Inc. posted more than a dozen Autopilot and artificial intelligence positions, its first sign of workforce growth after weeks of rolling layoffs.

Austin-based trucking startup AI Fleet is betting that using artificial intelligence technology and focusing on drivers could help transform the trucking industry.

Shipwell, an Austin, Texas-based startup focused on managing trucking and shipping logistics for businesses, has raised $35 million to continue its growth, the company said Oct. 24.