Bridgestone, Einride Partner on Sustainable Mobility Solutions
Tire company Bridgestone and Einride, which develops electric and autonomous freight mobility solutions, formed a partnership designed to create sustainable mobility solutions for electrified and autonomous Class 8 trucks.
August 16, 2021Tesla Hopes to Start Production at Berlin Factory in October
BERLIN — Tesla founder and CEO Elon Musk said Aug. 13 that he hopes to start producing cars at its new factory outside Berlin in October.
August 13, 2021Pony.ai Reportedly Seeks Funds at $8 Billion Value Amid Listing Halt
Pony .ai is considering a new funding round that could give the self-driving startup a valuation of at least $8 billion after the company put its U.S. listing plans on hold, according to people familiar with the matter.
August 12, 2021Uber-Backed Joby Aviation Goes Public; Share Price Slides
Joby Aviation, which promises to build and operate a commercial fleet of aerial taxis by 2024, will begin trading Aug. 11, testing the imaginations of public investors.
August 11, 2021Lightning Soars on Deal With Buffett-Backed Bus Maker
Lightning eMotors Inc. shares surged after the company that electrifies commercial vehicles announced a strategic partnership with a Berkshire Hathaway Inc.-backed bus maker.
August 10, 2021Qualcomm Offers $4.6 Billion for Veoneer, Topping Magna Bid
Qualcomm Inc. offered to buy automotive technology company Veoneer Inc. for $4.6 billion, muscling in on a bid Magna International Inc. made for the supplier last month.
August 5, 2021Driverless Semi Reaches Milestone in Test, Plus Says
Driverless truck technology company Plus revealed Aug. 5 that it has completed a demonstration on a highway in China.
August 5, 2021Paccar’s New CTO Sees Electrification, Autonomy Transforming Truck Market
WASHINGTON — After years of working with emerging technologies in the automotive sector, Paccar Inc.’s new chief technology officer sees a similar transformation unfolding in the commercial truck market.
July 30, 2021Elon Musk Denies Talking Apple-Tesla Merger With Tim Cook
Tesla Inc. CEO Elon Musk said July 30 that he never met with Apple Inc. about a potential takeover and slammed the tech giant’s App Store fees, calling them a “global tax on the internet.”
July 30, 2021Nikola Founder Trevor Milton Charged With Misleading Investors
NEW YORK — Trevor Milton, the founder and one-time executive chair of Nikola Corp., surrendered July 29 in New York to face charges alleging he lied about the electric and hydrogen-powered truck startup, duping some financially struggling novice investors looking for income during the pandemic.
July 29, 2021