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Government, Business, Technology, Autonomous

Twitter Sues to Force Musk to Consummate $44 Billion Buyout

Tesla CEO Elon Musk Tesla CEO Elon Musk by Al Drago/Bloomberg News

Twitter Inc. sued billionaire Tesla CEO Elon Musk over his abandoned $44 billion takeover bid, asking a judge to force him to follow through on his offer.

Jef Feeley | Bloomberg News
July 12, 2022
Business, Technology, Fuel, Autonomous

Walmart Orders 4,500 Canoo Electric Vans

Walmart Canoo EV Canoo

Canoo Inc. shares doubled in value after the struggling electric vehicle startup won an order for 4,500 vans from Walmart Inc.

Sean O'Kane | Bloomberg News
July 12, 2022
Government, Business, Technology, Safety, Autonomous

The Next Frontier for Drones: Out of Sight

Drones Dominion Energy drone operators fly a drone to inspect areas of a power plant in Remington, Va., on June 8, 2022. (Nathan Ellgren/Associated Press)

REMINGTON, Va. — For years, there’s been a cardinal rule for flying civilian drones: Keep them within your line of sight. Not just because it’s a good idea — it’s also the law.

July 6, 2022
Business, Technology, Equipment, Fuel, Logistics, Autonomous

Volvo Says Electric, Autonomous Programs Key to Growth

Volvo hydrogen-powered zero-emissions truck VolvoTrucks showcased a new zero-emissions truck powered by hydrogen in advance of capital markets day. (Volvo Group via Twitter)

Volvo Group is looking to expand its autonomous and electric truck programs to build market share in its key U.S. market and drive revenue and profits higher, top executives said recently.

Roger Gilroy | Senior Reporter
July 5, 2022
Business, Technology, Autonomous

Aurora’s Autonomous Tests in Texas Keep Rolling

Aurora Peterbilt Aurora Innovation

If Aurora and other self-driving startups can convince customers and the public that large trucks can be automated safely, the potential efficiency gains are massive.

Thomas Black | Bloomberg News
July 1, 2022
Government, Business, Logistics, Autonomous, TCA

Port Automation Hurts Economy, Says Study Funded by Longshore Union

Ports of LA-Long Beach Containerships off the ports of Los Angeles and Long Beach. (Tim Rue/Bloomberg News)

Automation at the Long Beach Container Terminal and the Port of Los Angeles’ TraPac terminal has eliminated 535,848 hours and $41.8 million in wages annually for dockworkers, even as production at ports that are automated is typically lower than at those that aren’t, according to a new study.

Donna Littlejohn | Los Angeles Daily News
June 30, 2022
Business, Technology, Autonomous

Tesla Cuts 200 Autopilot Workers as California Site Closes

tesla dealership Vehicles at a Tesla dealership in Vallejo, Calif. (David Paul Morris/Bloomberg News)

Tesla Inc. laid off hundreds of workers on its Autopilot team as the electric vehicle maker shuttered a California facility, according to people familiar with the matter.

June 29, 2022
Business, Technology, Logistics, Autonomous, For-Hire

J.B. Hunt, Waymo Add Wayfair to Autonomous Trucking Program

J.B. Hunt truck Business Wire

J.B. Hunt Transport Services Inc. and Waymo added the home goods company Wayfair to its autonomous trucking program, the companies announced June 28.

June 28, 2022
Business, Technology, Fuel, Autonomous

CATL Unveils EV Battery With Longer Range

CATL building Krisztian Bocsi/Bloomberg News

Contemporary Amperex Technology Co. Ltd. unveiled an electric car battery it said has a range of over 620 miles (1,000 kilometers) on a single charge and is 13% more powerful than one planned by Tesla Inc., a major customer.

Danny Lee | Bloomberg News
June 23, 2022
Government, Business, Technology, Safety, Autonomous

Einride Gets NHTSA Approval to Test Driverless Pods on US Roads

Einride Pod Einride Pod in New Yor City. (Einride)

Electric truck maker Einride AB has received approvals to test its driverless vehicle on public roads in the U.S., paving the way for the company to conduct a pilot with partner GE Appliances.

Rafaela Lindeberg | Bloomberg News
June 23, 2022