Gabrielle Coppola
Lidar Startup Aeva Adds $200 Million to SPAC Deal

Aeva, a laser-sensor startup founded by two ex-Apple Inc. engineers, is poised to increase its war chest by $200 million with an investment by a Hong Kong-based hedge fund ahead of its public listing via a reverse merger.
January 4, 2021Hyundai-Aptiv Venture Wins Driverless Test Approval in Nevada

Hyundai Motor Group and Aptiv Plc’s $4 billion self-driving venture received permission from the state of Nevada to test autonomous vehicles on public roads without a safety driver, the company said.
November 17, 2020Daimler to Take Stake in Luminar, Diversifying Autonomous Efforts

Daimler AG’s truck unit is investing in a laser-sensor startup to bolster its development of self-driving trucks in the U.S. less than a week after striking a deal to use driverless technology from a unit of Google parent Alphabet Inc.
October 30, 2020With Fully Autonomous Driving Distant, Lidar Finds Its Place

The promise of self-driving cars and robotaxi fleets once seemed just around the corner, but reality is setting in. Makers of the underlying technology are pivoting to more realistic ways of making money in the here and now.
October 26, 2020Top US Dealer Warns Automakers Are Missing Resupply Deadlines

AutoNation Inc., the largest U.S. car retailer, is warning new-vehicle inventories remain thin as automakers miss resupply deadlines, which may mean fewer choices and higher prices for buyers.
October 21, 2020US Automakers Dig Out of Pandemic Hole as Prices Soar

Automakers are climbing out of the ditch they fell into this spring, with U.S. auto sales expected to rebound strongly in the third quarter thanks to cheap borrowing costs and a shift toward private transportation amid the pandemic.
September 30, 2020VW Aims to Turn Legions of SUV Buyers Into Electric Converts

Volkswagen AG is setting a high bar for the first electric vehicle it will build around the globe.
September 23, 2020Rivian Faces Ban From Michigan Car Dealers in Direct-Sales Fight
Michigan auto dealers are trying to block startup electric carmakers including Rivian Automotive Inc. and Lucid Motors Inc. from following in Tesla Inc.’s footsteps by selling vehicles directly to consumers and servicing them in the state.
September 21, 2020Detroit Carmakers to Resume Pre-COVID Output to Meet Demand

Detroit’s automakers are gearing up for full production as they race to make up for lost output and meet stronger-than-expected demand.
June 19, 2020Tesla Hails Air-Quality Effects of Shutdowns Elon Musk Called ‘Fascist’

Tesla Inc. said the drop in pollution during coronavirus-related shutdowns could embolden governments that already have been making plans to eventually ban vehicles that run on fossil fuels.
June 8, 2020