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Business, Technology, Autonomous

Alphabet’s Waymo Raises $2.25 Billion for Driverless Cars

Waymo Mark Kauzlarich/Bloomberg News

Waymo raised $2.25 billion from a slate of private equity investors, venture capitalists and automotive companies, the first time Alphabet Inc.’s autonomous vehicle unit has taken outside funds.

Mark Bergen and Ira Boudway | Bloomberg News
March 3, 2020
Business, Technology, Autonomous

Majority of Promising AI Startups Are Still Based in the US

AI Startups AI exhibits at the 2020 CES show. (Seth Clevenger/Transport Topics)

The most promising startups using artificial intelligence are U.S.-based companies working in the fields of health care, retail and transportation, according to a study that looked at budding AI companies around the world.

Susan Decker | Bloomberg News
March 3, 2020
Business, Technology, Fuel, Autonomous

Nikola Plans Merger With Publicly Traded VectoIQ Acquisition Corp.

Nikola Tre Nikola Motor Co.

Nikola Corp. announced plans to merge with VectoIQ Acquisition Corp., a publicly traded special-purpose acquisition company, to speed up Nikola’s production of zero-emissions commercial vehicles.

Roger Gilroy | Senior Reporter
March 3, 2020
Government, Technology, Equipment, Autonomous

Secretary Elaine Chao: Consumers Will Be Key in Determining AV Technology

Elaine Chao at 2020 CPAC "innovation is a trademark of who we are as Americans. That is our greatest export,” Chao said during the Conservative Political Action Conference on Feb. 28. (Restore Public Trust Press via YouTube)

Transportation Secretary Elaine Chao recently asserted that the American consumer will have a lot to say in determining the course of autonomous vehicles. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.

Eugene Mulero | Senior Reporter
March 2, 2020
Government, Business, Technology, Equipment, Autonomous, Editorial

Editorial: TMC Theme Was New Tech, Skilled Professionals Are Propelling Trucking Forward

While new technology is driving trucking forward, the industry still needs the expertise of service professionals to keep tomorrow’s equipment running smoothly.

March 2, 2020
Business, Technology, Equipment, Fuel, Autonomous, Top 50

Deutsche Post Scraps Its Electric Delivery Van Built With Ford

Deutsche Post StreetScooter An electric cable charges a StreetScooter outside the Ford factory in Cologne, Germany. (Krisztian Bocsi/Bloomberg)

Deutsche Post AG will stop producing its electric delivery vehicle called StreetScooter, bringing to an end a much-hyped venture that was once seen as a possible disrupter to conventional van makers such as Volkswagen AG and Daimler AG.

Richard Weiss | Bloomberg News
February 28, 2020
Business, Technology, Safety, Autonomous

Einride to Hire Autonomous Truck Operators in Sweden, US

Einride An Einride vehicle. (Einride)

Swedish technology company Einride on Feb. 27 announced plans to hire two autonomous truck operators over the next year.

Connor D. Wolf | Staff Reporter
February 27, 2020
Government, Business, Technology, Safety, Autonomous, TCA

California OKs Passengers for GM’s Cruise Autonomous Vehicle Test

Kyle Vogt, founder, president and CTO for Cruise Automation Inc., holds an articulating radar while speaking at a Cruise reveal event in San Francisco on Jan. 21. Kyle Vogt, founder, president and CTO for Cruise Automation Inc., holds an articulating radar while speaking at a Cruise reveal event in San Francisco on Jan. 21. (David Paul Morris/Bloomberg News)

Cruise, the autonomous-vehicle unit of General Motors Co., has been cleared to carry passengers in California.

Keith Laing | The Detroit News
February 27, 2020
Business, Technology, Equipment, Safety, Autonomous

Connected Vehicle Experts Discuss OEM Role, Safety

Chris Lee, vice president of engineering at Great Dane Trailers Chris Lee, vice president of engineering at Great Dane Trailers by John Sommers II for Transport Topics

ATLANTA — Original equipment manufacturers have an important role to play in the adoption of connected vehicle technology, according to Chris Lee, vice president of engineering at Great Dane Trailers.

Eleanor Lamb | Staff Reporter
February 27, 2020
Government, Business, Technology, Autonomous

New Autonomous Mileage Reports Are Out, but Is the Data Meaningful?

A Waymo Chrysler Pacifica vehicle A Waymo Chrysler Pacifica vehicle by Caitlin O'Hara/Bloomberg News

Alphabet’s Waymo and General Motors-backed Cruise saw their autonomous vehicles require less help from human drivers on California’s public roads in 2019.

Edward Ludlow | Bloomberg News
February 26, 2020

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