Technology

General Motors Co. bought out the SoftBank Vision Fund 1’s stake in self-driving startup Cruise for $2.1 billion, ending the Japanese investment firm’s stake in the business and giving the Detroit automaker 80% ownership.

Morgan Truck Body announced a new electrified refrigerated concept truck body.

Calstart announced it appointed David Chow chief operating officer and vice president, a new position within the nonprofit focused on the adoption of clean vehicles.

Autonomous truck developer Embark Technology Inc. issued its first annual and quarterly financial report as a public company, detailing steep losses but significant technology gains and key business partnerships.

Stellantis NV and LG Energy Solution will build their new battery plant in Ontario, according to a person familiar with the matter, with an official announcement likely March 23.

Elon Musk won’t have to testify in the first case set for trial that blames Tesla Inc.’s Autopilot for a fatal crash, a Florida judge said.

A proposal to provide $52 billion for domestic semiconductor production is on the radar of congressional leaders as they set off on their spring legislative agenda.

U.S. trailer orders edged past 26,000 in February, keeping pace with the past few months, ACT Research reported.

Digital freight network company Convoy found reducing empty miles is a top priority for small and midsize trucking companies, according to a sustainability survey released March 17.

Germany threw its weight behind a European Union proposal that only emission-free new cars and vans can be sold from 2035 as the bloc moves forward in talks on an ambitious green overhaul at a time of an extraordinary energy crisis.