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Business, Technology, Fuel, Autonomous

Elon Musk Denies Talking Apple-Tesla Merger With Tim Cook

Elon Musk Elon Musk (above) admits trying to get a meeting with Tim Cook, but he says Cook refused. (Samuel Corum/Bloomberg News)

Tesla Inc. CEO Elon Musk said July 30 that he never met with Apple Inc. about a potential takeover and slammed the tech giant’s App Store fees, calling them a “global tax on the internet.”

Nick Turner | Bloomberg News
July 30, 2021
Business, Technology, Equipment, Fuel, Autonomous

Nikola Founder Trevor Milton Charged With Misleading Investors

Trevor Milton exits courtroom July 29 Trevor Milton exits the courtroom July 29 after entering not guilty plea. (Angus Mordant/Bloombreg News)

NEW YORK — Trevor Milton, the founder and one-time executive chair of Nikola Corp., surrendered July 29 in New York to face charges alleging he lied about the electric and hydrogen-powered truck startup, duping some financially struggling novice investors looking for income during the pandemic.

Larry Neumeister | Associated Press
July 29, 2021
Business, Technology, Autonomous, Top 100

TuSimple, Ryder Partner on Terminals for Autonomous Trucks

Ryder and TuSimple trucks Ryder by JB Reed/ Bloomberg News; TuSimple by Seth Clevenger/Transport Topics

Self-driving truck developer TuSimple and Ryder System Inc. announced a partnership intended to leverage select Ryder fleet maintenance facilities to serve as terminals on TuSimple’s Autonomous Freight Network.

Roger Gilroy | Senior Reporter
July 29, 2021
Business, Technology, Logistics, Autonomous, Top 50

XPO Posts Q2 Profit on Record Revenue

XPO Logistics truck XPO Logistics

Lifted by the highest revenue of any quarter in its history, XPO Logistics Inc. swung its second-quarter bottom line to a profit from a loss in the year-ago period.

Jerry Hirsch | Contributing Writer
July 29, 2021
Business, Technology, Equipment, Autonomous

How Drones Help Workers Inspect Wind Turbines

Wind Power Wind turbines at a wind farm. (Timothy Fadek/Bloomberg News)

Nearthlab’s drones use artificial intelligence and laser technologies to help pinpoint potential damage and reduce the chance of accidents during human inspections of wind turbines.

Saijel Kishan | Bloomberg News 
July 28, 2021
Business, Technology, Autonomous, TCA

Mobileye First to Test Self-Driving Vehicles in New York City

Mobileye's autonomous vehicle passes a New York City landmark, Radio City Music Hall A Mobileye self-driving vehicle passes a New York City landmark, Radio City Music Hall. (Mobileye an Intel Company/YouTube)

Mobileye, an autonomous vehicle company owned by Intel, announced that it has been testing its driverless cars on New York City streets since June, making it the first and only company thus far to receive a New York AV testing permit.

Erik Bascome | Staten Island Advance, N.Y.
July 26, 2021
Business, Technology, Autonomous

GM Sues Ford in Fight Over Branding of Self-Driving Cars

Cruise Origin shuttle logo A logo of the GM Cruise Origin electric driverless shuttle is displayed on the vehicle's door. (David Paul Morris/Bloomberg)

General Motors Co. is suing its competitor Ford Motor Co. for violating a trademarked driver-assist technology that’s used for hands-free features, according to a lawsuit.

Gabrielle Coppola | Bloomberg News
July 26, 2021
Business, Technology, Autonomous

Magna Acquires Driver-Assist Supplier Veoneer

Magna International Inc. signage Magna International Inc. signage outside the company's Polycon Industries auto parts manufacturing facility in Guelph, Ontario. (Cole Burston/Bloomberg News)

Magna International Inc. will acquire Veoneer Inc. for $3.8 billion in cash, bolstering its business supplying advanced driver-assistance systems to automakers.

July 23, 2021
Business, Technology, Equipment, Autonomous

Toyota Adds Suzuki, Daihatsu to Commercial EV, Autonomous Push

Toyota The Suzuki Motor Corp. logo on the steering wheel of the Solio Bandit vehicle. (Akio Kon/Bloomberg News)

Suzuki Motor Corp. and Daihatsu Motor Co. are investing in a Toyota Motor Corp. entity to bring electrification and autonomous driving to commercial vehicles, deepening ties between the automakers.

Reed Stevenson | Bloomberg News
July 21, 2021
Business, Technology, Equipment, Autonomous

Ford, Lyft and Argo Team Up to Deploy Robo-Taxis

Ford An Argo AI autonomous Ford Fusion drives in Pittsburgh in 2018. (Justin Merriman/Bloomberg News)

Ford Motor Co. and its partner Argo AI will start a self-driving ride-hailing service with Lyft Inc. in Miami and Austin, Texas, later this year. It will be the biggest commercial rollout of robot rides.

Keith Naughton | Bloomberg News
July 21, 2021