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Business, Technology, Equipment, Autonomous

Electric Car Startup Lucid Hires Waymo Veteran as Finance Chief

Lucid A Lucid Air Grand Touring electric luxury car. (Patrick T. Fallon/AFP/Getty Images)

Lucid Motors Inc., the Saudi Arabia-backed electric vehicle maker going public via a reverse merger, has hired a former executive of Alphabet Inc.’s Waymo as chief financial officer.

Ed Ludlow | Bloomberg News
May 5, 2021
Business, Technology, Autonomous

Tesla Told to Provide Documents Involving Musk Compensation

Musk Musk (John Raoux/Associated Press)

DOVER, Del. — A Delaware judge on May 3 ordered lawyers representing Tesla Inc. directors to turn over certain communications that CEO Elon Musk may have shared with the company’s top in-house attorneys before the board approved a compensation plan in 2018 that could net Musk more than $50 billion.

Randall Chase | Associated Press
May 4, 2021
Business, Technology, Autonomous

Ford-Backed Argo Sees New Sensor as Key for Self-Driving Cars

Argo AI Argo's new sensor. (Argo AI)

Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, has developed a sensor it believes will be key to commercializing autonomous transportation in cities, suburbs and on the highway.

Keith Naughton | Bloomberg News
May 4, 2021
Business, Technology, Fuel, Autonomous, TCA

Ford Boosts Investment in Solid-State Battery Maker

Ford Motor Co. headquarters in Dearborn, Mich. (Dreamstime/TNS) Ford Motor Co. headquarters in Dearborn, Mich. (Dreamstime/Tribune Content Agency)

Ford Motor Co. announced May 3 it is increasing its investment in a producer of solid-state batteries, yet another move in the automaker’s push to establish a sustainable supply of the components needed to power a coming wave of electric vehicles.

Jordyn Grzelewski | The Detroit News
May 3, 2021
Business, Technology, Safety, Autonomous

Kroger Joins Drone Delivery Race With Pilot From Ohio Store

Kroger Kroger Co.

Kroger Co. is diving into drone delivery, starting a pilot at a store near its Cincinnati headquarters.

Matthew Boyle | Bloomberg News
May 3, 2021
Government, Business, Technology, Logistics, Autonomous

Drone Startup Manna Raises Cash for US Expansion

A Manna Aero drone delivers a parcel during a flight demonstration in Dublin, Ireland A Manna Aero drone delivers a parcel during a flight demonstration in Dublin, Ireland. (Paulo Nunes dos Santos/Bloomberg News)

Manna has raised $25 million to expand its drone fleet’s operations, including the addition of delivery services for prescription medical supplies and an initial expansion into the U.S.

Natalia Drozdiak | Bloomberg News
April 30, 2021
Business, Technology, Fuel, Autonomous

EV-Charging Industry Is Doing Everything Except Showing a Profit

EV charging spot David Paul Morris/Bloomberg

President Joe Biden’s plan to wean U.S. drivers off fossil fuels requires massive investment in public charging stations to power the electric-car revolution. So far, none of the companies that deploy the equipment has figured out how to make a profit.

David R. Baker | Bloomberg News
April 30, 2021
Business, Technology, Autonomous

Self-Driving Truck Startup Plus Reported to Plan Hennessy SPAC Deal

Plus.ai vehicle Plus.ai

Self-driving truck startup Plus is in talks to merge with special purpose acquisition company Hennessy Capital Investment Corp. V, according to people familiar with the matter, making it the latest autonomous vehicle maker seeking to go public via a blank-check firm.

April 30, 2021
Government, Business, Technology, Autonomous

PennDOT Launches Public Survey on Automated Vehicles

autonomous concept Autonomous concept by Getty Images

The Pennsylvania Department of Transportation announced April 28 the launch of a survey meant to offer an idea of constituents’ perceptions and knowledge of automated vehicles.

Eleanor Lamb | Staff Reporter
April 29, 2021
Government, Business, Technology, Safety, Autonomous

Policymakers Keep Autonomous Vehicles Bill on Senate’s Radar

Sen. Gary Peters Sen. Gary Peters (D-Mich.) chairs the April 27 hearing titled, "Driving Innovation: The Future of Automotive Mobility, Safety, and Technology" (commerce.senate.gov)

Two of the key drivers of autonomous vehicle policy in Congress again touted its potential safety and economic benefits during a hearing with stakeholders.

Eugene Mulero | Senior Reporter
April 28, 2021

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