Drones Need Tracking Network for Expanded Flights, FAA Says
All but the smallest civilian drones would have to broadcast radio tracking data to ensure greater safety and prevent terrorism under a sweeping proposal unveiled by U.S. regulators Dec. 26.
December 27, 2019Electric-Truck Maker Rivian Raises $1.3 Billion in New Funding
Rivian Automotive Inc., the electric truck maker already backed by Amazon.com and Ford Motor Co., raised another $1.3 billion from investors led by T. Rowe Price to support the rollout of its debut vehicles next year.
December 23, 2019Tesla Tops Elon Musk’s $420 Milestone for First Time
Tesla Inc. climbed above $420 for the first time Dec. 23 as fresh financing arranged from banks in China added to optimism supporting a monthslong rally.
December 23, 20192019: Hours-of-Service Rule, ELDs and Roads Dominated Political, Regulatory Concerns
For the trucking industry, 2019 was a year of transition, replete with regulatory victories and disappointments.
December 20, 2019Volvo Taps Nils Jaeger to Lead Autonomous Unit
Volvo Group appointed Nils Jaeger president of its new autonomous solutions business unit.
December 20, 2019Volvo Sells UD Trucks Unit to Isuzu for $2.3 Billion
Volvo Group agreed to sell its UD Trucks unit to Isuzu Motors Ltd. for about $2.3 billion and announced plans to forge a strategic alliance with its Japanese rival, the latest sign of consolidation in the global automotive industry.
December 18, 2019North Carolina Pays Researchers to Prep for Autonomous Vehicles
Teams of researchers based at three state universities will spend the next three years developing ways to help North Carolina prepare for autonomous vehicles and other new transportation technologies.
December 18, 2019Fiat Chrysler, Peugeot Sign Deal for 50-50 Merger
MILAN — The boards of Fiat Chrysler Automobiles and PSA Peugeot on Dec. 18 signed a binding merger deal creating the world’s fourth-largest automaker with the scale to confront the challenges of stricter emissions regulations and the transition to new driving technologies.
December 18, 2019TuSimple Reports Its Autonomous Trucks Reduce Fuel Consumption
Self-driving truck company TuSimple announced its autonomous technology reduced fuel consumption for trips by its prototype heavy-duty trucks by at least 10% compared with manually driven trucks.
December 18, 2019Tesla Zealotry on Street Fades as Focus Shifts to Fundamentals
The perpetual war between Tesla Inc.’s bears and bulls may finally be simmering down.
December 13, 2019