Technology

Autonomous truck developer TuSimple raised $1.35 billion through its initial public offering, a move that will help fund the company’s push to commercialize self-driving trucks and expand its autonomous freight network across the United States.

Recruiting military veterans for maintenance positions in trucking fleets’ repair shops is an industry goal, but the prospect of finding and transitioning young vets to become civilian service technicians can be challenging.

A vehicle maintenance coding system used by repair shops across the trucking industry is receiving an update that has been years in the making, and is also evolving to include the burgeoning electric vehicle segment.

The increasing interest in camera monitor systems has prompted the Technology & Maintenance Council of American Trucking Associations to decide how it can help fleets understand how the systems would best fit into the truck cab environment.

Stellantis NV CEO Carlos Tavares pledged to speed up the company’s electric shift, vowing that cars with a battery will account for more than a third of its European sales by mid-decade.

Polestar, the electric carmaker controlled by Volvo Car AB and its owner Zhejiang Geely Holding Group Co., has raised $550 million from new investors to help fund its growth.

Progress is underway for guidance documents for advanced driver assistance systems, according to a Technology & Maintenance Council study group.

Efforts to ensure the needed connections for exchanging more data between a tractor and trailer continue from many directions as electronics and sensors are increasingly coming to trailers, experts said.

Audi’s new Q4 e-tron will go head-to-head with Tesla Inc. in the fast-growing market of compact crossover SUVs to help parent Volkswagen AG narrow its electric-car sales gap with the world leader.

A surge in demand for electric vehicles is sending the price of raw materials soaring, threatening to slow the push toward making cheaper batteries that are key to more widespread adoption.