Business

San Francisco tourists, Phoenix suburbanites and now Canadian bacon — the list of driverless cargo keeps growing.

CHICAGO — Since as early as 1848, some 12 years before the Civil War, Chicago has been a major center for transportation given its central location in the country, access to newly built railroad lines and the five Great Lakes. Now, more than 170 years later, millions of products pass through its massive transportation network for trucks, rail and air each day.

For more than a century, gas stations have been the heart of California’s car culture, offering fuel, food and friendly directions along back roads and byways. But the rush to EVs may leave them in the dust.

Legislation designed to promote research and development programs for vehicle technologies at the U.S. Department of Energy was recently introduced in the U.S. House of Representatives.

Tesla CEO Elon Musk revived his bid for Twitter Inc. at the original offer price of $54.20 a share, potentially avoiding a courtroom fight over one of the most contentious acquisitions in recent history.

Ford Motor Co. rose more than 7% after the carmaker’s latest quarterly sales results showed growing demand for its lineup of electric vehicles, including its flagship F-150 Lightning plug-in pickup.

NEW YORK — Micron, one of the world’s largest microchip manufacturers, is expected to open a semiconductor plant in New York, promising an investment of up to $100 billion and a plant that could bring 50,000 jobs to the state, the Senate majority leader says.

General Motors Co. made big sales gains in the third quarter in a sign the semiconductor shortage is easing, but the relief may arrive for automakers just as consumers get squeezed by rising interest rates and concerns about the economy.

Rivian Automotive Inc. shares rose in early trading after the automaker reported progress in ramping up production and reaffirmed its goal to build 25,000 electric vehicles this year.

California is among the leaders pushing for wider adoption of zero-emission commercial vehicles, but the state is confronting the dual challenges of resolving a shortage of truck parking and the need to build charging infrastructure accessible to tractor-trailers.