New Mexico Takes Steps Toward Embracing Autonomous Vehicles
New Mexico legislators have introduced a bill that one says would set up in statute the authority to regulate and give guidance to the emerging autonomous vehicles industry.
March 4, 2021Minnesota Proposal Would Tax Electricity as Fuel
As gas tax revenue declines because more people are buying electric vehicles, a Minnesota lawmaker has proposed a bill that would tax electricity as fuel at charging stations for electric vehicles.
March 3, 2021VW’s Electric Car Stacks Up Well Against Tesla, Analyst Says
A teardown of Volkswagen AG’s first dedicated electric vehicle found it measures up favorably with Tesla Inc. models in several key aspects, sending the German carmaker’s shares to levels last seen before its diesel emissions scandal.
March 3, 2021GM-Backed Cruise in Talks to Buy Startup Voyage
Cruise, the self-driving vehicle company majority owned by General Motors Co., is in talks to acquire Voyage, an autonomous technology startup that operates in retirement communities, according to people familiar with the matter.
March 3, 2021Workhorse Passed Over as Oshkosh Wins USPS EV Contract
Electric-vehicle maker Workhorse Group Inc. plunged on Feb. 23, triggering multiple trading halts, after a key U.S. Postal Service contract that some had expected it to win went to rival Oshkosh Corp. instead.
February 24, 2021Tesla Stock Wipes Out Gains for the Year
Tesla Inc. shares wiped out their year-to-date gains Feb. 23 and briefly traded below the level where they were when the electric carmaker entered the S&P 500 Index in December.
February 23, 2021Nikola Two Truck Will Run 900 Miles on Tank of Hydrogen, Company Says
Nikola Corp. announced updates on its zero-emission hydrogen fuel-cell electric commercial truck program as the company vied for attention beside other truck makers in an increasingly crowded space it helped create in 2016 with its introductory announcement.
February 23, 2021Xos to Go Public and Expand Battery-Electric Vehicle Production
Xos Inc., a 5-year-old truck maker focused on delivering battery-electric commercial vehicles in Classes 5-8, announced a definitive agreement to go public through a business combination with NextGen Acquisition Corp., a publicly traded special purpose acquisition company based in Boca Raton, Fla.
February 22, 2021Lucid Motors Reportedly Near Deal to Go Public
Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early this week, according to people familiar with the matter.
February 22, 2021Torc Robotics Chooses AWS as Cloud Provider
Torc Robotics announced it selected Amazon Web Services Inc. as its preferred cloud provider to handle the scale and speed needed for data transfer, storage and compute capacity as the company prepares to deploy its fleet of next-generation self-driving test trucks in New Mexico and Virginia.
February 19, 2021