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Business, Technology, Equipment, Fuel, Autonomous

Elon Musk Now Dominating the World’s Richest List

Musk Elon Musk derives around three-quarters of his wealth from Tesla Inc. (Samuel Corum/Bloomberg News)

Elon Musk is pulling away from the rest of the world when it comes to personal wealth.

Scott Carpenter | Bloomberg News
October 8, 2021
Business, Technology, Fuel, Autonomous

DTNA Reaches BEV Milestone at 1 Million Miles

Freightliner eCascadia eCascadia by Daimler Trucks North America

Daimler Trucks North America announced a milestone for its medium- and heavy-duty battery-electric truck development program as participating fleets using 40 trucks reached a cumulative total of 1 million miles of real-world usage along the West Coast and Canada.

Roger Gilroy | Senior Reporter
October 8, 2021
Business, Technology, Autonomous

Smart Robots Do All the Work at Nissan’s ‘Intelligent’ Plant

Nissan robotic plant Robotic arms put in the electric vehicle powertrain into the Ariya model in the assembly line at Nissan's Tochigi plant. (Yuri Kageyama/AP)

KAMINO KAWA, Japan — Nissan’s “intelligent factory” hardly has any human workers. The robots do the work, including welding and mounting. They do the paint jobs and inspect their own paint jobs.

Yuri Kageyama | Associated Press
October 8, 2021
Business, Technology, Fuel, Autonomous

Elon Musk Says Tesla Will Move HQ From California to Texas

Elon Musk Elon Musk by Saul Martinez/Getty Images via Bloomberg News

Tesla will relocate its headquarters from Palo Alto, Calif., to Austin, Texas, though the electric-car maker will keep expanding its manufacturing capacity in the Golden State, CEO Elon Musk said Oct. 7.

Alex Veiga | AP Business Writer
October 8, 2021
Business, Technology, Equipment, Fuel, Autonomous

Rivian’s Electric Truck Gets All the Attention, but Fate Is Tied to Amazon

Amazon Jeff Bezos speaks at the National Press Club in Washington. (Andrew Harrer/Bloomberg News)

On Oct. 1, Rivian shared new details of the Amazon deal in a filing with the U.S. Securities and Exchange Commission, revealing how closely its fate is tied to one of its biggest benefactors.

October 7, 2021
Business, Technology, Fuel, Autonomous

GM Vows to Surpass Tesla in Electric Vehicle Sales

A 2020 Chevrolet Silverado 1500 truck A 2020 Chevrolet Silverado 1500 truck. GM plans to unveil an electric Silverado pickup truck that can go 400 miles per charge. (Gene J. Puskar/Associated Press)

WARREN, Mich. — General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles, profitable gas-powered cars and trucks, and services such as an electronic driving system that can handle most tasks on the road.

Tom Krisher | Associated Press
October 6, 2021
Business, Technology, Logistics, Autonomous, Top 50

GXO, Abercrombie & Fitch to Open Automated Distribution Center

GXO-Abercrombie automation GXO Logistics

GXO Logistics and Abercrombie & Fitch Co. announced an agreement Oct. 6 to open a new distribution center that will blend traditional staffing with automation.

Connor D. Wolf | Staff Reporter
October 6, 2021
Government, Business, Technology, Autonomous, TCA

Autonomous Trucks Take Off Rapidly in China’s Commercial Operations

A Plus autonomous truck SF Express has selected Plus for China’s first commercial freight pilot. (Plus)

BEIJING — Driverless trucks will help revamp the logistics and industrial sector in China, as autonomous driving technologies have taken off in the country amid the COVID-19 pandemic.

Beijing China Daily | Asia News Network
October 5, 2021
Business, Technology, Fuel, Autonomous

LG Energy Strikes Battery-Metal Deal With Sigma Lithium

LG battery cell An LG Energy Solution Co. battery cell for electric vehicles at the InterBattery 2021 in Seoul, South Korea, in June. (SeongJoon Cho/Bloomberg)

LG Energy Solution, one of the world’s top electric-vehicle battery makers, has struck a supply deal with Sigma Lithium Corp. as demand for the metal soars.

Esteban Duarte | Bloomberg News
October 5, 2021
Business, Technology, Equipment, Autonomous

Many Tesla Short Sellers Are Giving Up

Tesla Workers unload Tesla Model 3 electric vehicles from a car carrier outside the company's delivery center in Marina Del Rey, Calif. (Patrick T. Fallon/Bloomberg News)

Tesla Inc. is inflicting more pain on short sellers, and many of them are giving up.

October 4, 2021