Hyundai Announces $5.5 Billion EV Plant in Georgia
ELLABELL, Ga. — Hyundai Motor Group confirmed May 20 the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands — a deal Georgia’s governor called the largest economic development project in the state’s history.
May 20, 2022Biden Calls South Korean Chip Plant a Model for Deeper Ties to Asia
PYEONGTAEK, South Korea — President Joe Biden opened a trip to Asia May 20 by touring a South Korean computer chip factory that will be the model for another plant in Texas, offering it as a way to deepen ties with the Indo Pacific and fuel technological innovation and foster vibrant democracies.
May 20, 2022ATA’s Chris Spear Touts Efforts to Address Parking, Training at Mid-Year Session
SCOTTSDALE, Ariz. — American Trucking Associations President Chris Spear said the group’s recently completed Mid-Year Management Session tackled key issues facing the industry, but stressed that much work remains to address the biggest challenges confronting motor carriers.
May 19, 2022Daimler to Deploy 800 eCascadias to Sysco
Food service distributor Sysco Corp. and Daimler Truck North America jointly announced Sysco’s letter of intent to deploy 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026.
May 19, 2022Aurora, FedEx Expand Texas Autonomous Routes
Aurora Innovation Inc. and FedEx have expanded their autonomous trucking partnership to include freight hauling between terminals in Fort Worth and El Paso, Texas.
May 18, 2022Leaders of VTNA, Navistar Stake Out EV Turf
LONG BEACH, Calif. — The leaders of Volvo Trucks North America and Navistar expect broader competition when it comes to delivering electric trucks to customers, and even closer collaboration with more parties to ensure such trucks are ready to work, they said in separate interviews with Transport Topics.
May 18, 2022Hacker Finds Way to Unlock Tesla Models, Start Cars
Tesla Inc. customers might love the carmakers’ nifty keyless entry system, but one cybersecurity researcher has demonstrated how the same technology could allow thieves to drive off with certain models of the electric vehicles.
May 18, 2022UK Startup Wants to Build Batteries for Boats
U.K. battery company Britishvolt Ltd. received an investment from shipping firm Scorpio Group as it looks to develop technologies to help decarbonize the maritime sector.
May 18, 2022Daimler Truck Q1 Net Income Tumbles, Revenue Climbs
Daimler Truck reported net income tumbled 81% and revenue increased 17% in the first quarter as it faced persistent supply chain bottlenecks and passed along rising costs amid increased demand.
May 17, 2022Maker of Smaller, Lighter Electric Motors Attracts Investors
Infinitum Electric, an electric motor maker based in Texas, has attracted $80 million in investment from several major energy-focused firms, enabling it to boost production.
May 17, 2022