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Business, Technology

VW Creates Buzz Before EV Launch

vw Qilai Shen/Bloomberg News

Volkswagen AG is seeking to create buzz months before deliveries start for its first ID. electric car, following the footsteps of Tesla Inc.’s Elon Musk, whose promotion of the Model 3 generated reservation lines around the block.

Elisabeth Behrmann | Bloomberg News
May 2, 2019
Business, Technology

Tesla to Raise $2 Billion to Counter Cash Drain

Tesla Patrick T. Fallon/Bloomberg News

Tesla Inc. plans to raise about $2 billion through debt and stock offerings, after CEO Elon Musk overestimated the ability of the Model 3 sedan to generate enough cash for the company to be self-sustaining.

Molly Smith and Dana Hull | Bloomberg News
May 2, 2019
Business, Technology

ACT Panel: Hydrogen Fuel Cells Face Off With All-Electric Batteries

Paul Rosa, senior vice president of procurement and fleet planning for Penske Truck Leasing Paul Rosa, senior vice president of procurement and fleet planning for Penske Truck Leasing at the ACT Expo panel discussion on alternative fuels. (Jim Stinson/Transport Topics)

LONG BEACH, Calif. — Many transportation executives see a role for electric trucks in the years to come, but the question of which power-delivery method will move to the forefront — pure-electric or hydrogen fuel-cell electric — remains open, experts said.

Jim Stinson | Staff Reporter
May 1, 2019
Business, Technology

US Trails in Lithium Mining for EV Batteries

Qilai Shen/Bloomberg News

The U.S. push to challenge China’s dominance in the production and sale of electric vehicles has at least one weak link: Most of the raw materials needed to make the batteries are dug elsewhere.

Laura Millan Lombrana and Joe Deaux | Bloomberg News
April 30, 2019
Business, Technology

GM Beats Profit Estimates With a Raise From Lyft

Lyft Kyle Grillot/Bloomberg News

General Motors Co. needed a little help from ride-hailing company Lyft Inc. to beat analysts for first-quarter profit as cost cuts only partially made up for lower sales.

David Welch | Bloomberg News
April 30, 2019
Business, Technology, Logistics

Ford Partners With Amazon to Enable Package Deliveries

Amazon Jim Young/Bloomberg News

Ford Motor Co. is the latest automaker opening its vehicles’ trunks to, entering a partnership to enable delivery of packages directly to millions of Ford and Lincoln models.

Keith Naughton | Bloomberg News
April 30, 2019
Government, Business, Technology, Fuel

CARB Staff White Paper: Significant Reductions in NOx ‘Technically Achievable and Cost-Effective’ for MY 2024 Heavy Trucks

Trucks on highway iStock

Research from the staff of the California Air Resources Board concludes that the regulatory agency’s call for significant reductions in nitrogen oxide emissions are “technically achievable and cost-effective” for model year 2024 heavy trucks.

Eric Miller | Staff Reporter
April 29, 2019
Government, Business, Technology, Logistics

Shanghai Tesla Factory Key to CEO Elon Musk’s Ambitions

Tesla A significant amount of progress has been made on Tesla's new factory in China. (Qilai Shen/Bloomberg News)

Three months after groundbreaking, Tesla Inc. is rushing to complete its multibillion-dollar factory on the outskirts of Shanghai to capitalize on growing demand in the world’s largest electric car market.

Ville Heiskanen | Bloomberg News
April 29, 2019
Government, Business, Technology

Optimism High Ahead of Leaders' Infrastructure Meeting at White House

Rep. Eleanor Holmes Norton Rep. Eleanor Holmes Norton (D-D.C.) by Legyndaryinc Studios via YouTube

Members of Congress return to Capitol Hill to find their leaders pursuing an agenda that’s not about immigration or impeachment politics. President Donald Trump is expected to break from his Mueller report victory lap for a meeting April 30 with Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer (D) to tackle infrastructure.

Eugene Mulero | Staff Reporter
April 29, 2019
Government, Technology

Bosch, Powercell Partner to Bring Fuel Cells to Trucks, Cars

Bosch diesel engine factory The Bosch diesel engine factor in Stuttgart, Germany. The automotive supplier says it is partnering with Powercell Sweden AB to make the polymer-electrolyte membrane fuel cell ready for production in commercial trucks and cars. (Alex Kraus/Bloomberg)

Automotive supplier Bosch announced it formed an alliance with Powercell Sweden AB, the Swedish manufacturer of fuel cell stacks.

April 29, 2019