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Business, Technology, Safety, Autonomous

Luminar Technologies More Than Doubles Post SPAC Merger

Luminar Technologies lidar imaging Luminar Technologies lidar imaging. (David Paul Morris/Bloomberg News)

Peter Thiel-backed Luminar Technologies Inc. briefly touched an all-time high within days of emerging as a stand-alone company as investor excitement over developers of laser sensors that enable autonomous driving ramped up.

Crystal Kim | Bloomberg News
December 7, 2020
Business, Technology, Equipment, Autonomous

Assembling the Autonomous Truck

Truck makers and tech startups continue to make progress in their pursuit of autonomous trucks, but moving this elusive technology past the testing and development phase to broad commercialization will require a great deal of integration work.

Seth Clevenger | Managing Editor, Features
November 30, 2020
Business, Technology, Fuel, Logistics, Autonomous

NACFE Launches New Initiative to Explore Autonomous Trucking

Interior of autonomous truck The interior of an autonomous truck. (Tony Avelar/Associated Press)

The North American Council for Freight Efficiency announced it has begun to explore autonomous goods movement by publishing a series of online articles under the banner NACFE’s Perspective on Autonomous Trucking.

November 30, 2020
Business, Technology, Autonomous

VW’s Traton to Build China Truck Factory in Expansion Push

The shell of a driver's cabin is carried along the production line at Scania's factory in Sweden. The shell of a driver's cabin is carried along the production line at Scania's factory in Sweden. (Mikael Sjoberg/Bloomberg News)

Traton SE is stepping up expansion plans in China after Volkswagen AG’s truck division hammered out a deal to acquire Navistar International Corp. to boost its presence in North America.

Christoph Rauwald | Bloomberg News
November 25, 2020
Business, Technology, Autonomous

Tesla Hits $500 Billion Mark; Musk Overtakes Gates

Tesla vehicles are displayed in a showroom in Manhattan in April 2019. Spencer Platt/Getty Images

Tesla Inc. is smashing through records as its impending addition to the S&P 500 Index has sparked a buying frenzy among investors, pushing the company’s market valuation over the $500 billion mark for the first time on Nov. 24.

Esha Dey | Bloomberg News
November 24, 2020
Business, Technology, Autonomous

Gatik’s Self-Driving Delivery Vans Head North to Canada

Gatik's middle-mile autonomous trucks are designed to deliver cargo with almost no human interaction. Gatik's middle-mile autonomous trucks are designed to deliver cargo with almost no human interaction. (Christopher Li/Gatik)

Gatik, a Silicon Valley-based self-driving startup, has begun hauling cargo for Loblaws Inc., Canada’s largest grocer.

Kyle Stock | Bloomberg News
November 23, 2020
Government, Business, Technology, Autonomous

NHTSA Seeking Input on Autonomous Vehicle Rules

A Chrysler Pacifica hybrid outfitted with Waymo technology is displayed at an auto show in Detroit in January 2017. A Chrysler Pacifica hybrid outfitted with Waymo technology is displayed at an auto show in Detroit in January 2017. (Paul Sancya/Associated Press)

The U.S. government’s road safety agency is asking for public comment on how it should regulate safe deployment of self-driving vehicles.

Eugene Mulero | Senior Reporter
November 19, 2020
Business, Technology, Autonomous

Tesla Gets Green Light for S&P 500 Inclusion

Tesla said in its 2020 Q1 earnings report that it would delay production and deliveries of its Semi until 2021. Tesla said in its 2020 Q1 earnings report that it would delay production and deliveries of its Semi, seen here in a rendering, until 2021. (Tesla)

Tesla Inc., Elon Musk’s 17-year-old upstart carmaker, took a giant step toward blue-chip respectability, getting named to one of the world’s most famous stock indexes in an action that will greatly broaden its investor base.

Esha Dey and Dana Hull | Bloomberg News
November 17, 2020
Government, Business, Technology, Autonomous

Hyundai-Aptiv Venture Wins Driverless Test Approval in Nevada

A BMW vehicle outfitted with Motional technology drives in Las Vegas, where the venture is partnered with Lyft. A BMW vehicle outfitted with Motional technology drives in Las Vegas, where the venture is partnered with Lyft. (Motional)

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.

Gabrielle Coppola | Bloomberg News
November 17, 2020
Business, Technology, Autonomous

VW Boosts Tech Spending Within $177 Billion Investment Plan

Robotic arms scan the body of a VW ID.3 electric car. Robotic arms scan the body of a VW ID.3 electric car at the automaker's factory in Zwickau, Germany. (Krisztian Bocsi/Bloomberg News)

Volkswagen AG will reserve a bigger slice of its 150 billion euro ($177 billion) budget for investment in electric cars and software in the next five years, stepping up technology spending to navigate a tectonic industry shift even as the COVID-19 pandemic roils markets.

Christoph Rauwald | Bloomberg News
November 13, 2020

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