Orange EV Expands Agreement With Lazer Spot
Orange EV announced a multiyear agreement to manufacture and deliver more than 25 EV yard trucks to Lazer Spot Inc. this year and next.
August 27, 2021Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
BYD Profit Falls 30% as Chip, Lithium Shortages Increase Costs
BYD Co., the Chinese electric-vehicle and battery maker backed by Warren Buffett, said first-half earnings fell as shortages of chips and lithium increased costs.
August 27, 2021Rivian Files for IPO
Rivian Automotive Inc., the maker of electric pickups backed by Amazon .com Inc., has filed for an initial public offering and is seeking a roughly $80 billion valuation, according to people familiar with the matter.
August 27, 2021Toyota to Assemble Fuel Cell Modules in US for Heavy-Duty Trucks
Toyota will begin assembling integrated dual fuel cell modules in the United States starting in 2023. They are intended for use in hydrogen-powered, heavy-duty commercial trucks.
August 27, 2021Nuro to Build Autonomous EV Factory in Nevada
Nuro Inc., which has unmanned delivery pods scurrying around Southwestern streets, said that it will build a $40 million facility to assemble and test a new generation of autonomous vehicles in Nevada.
August 26, 2021Biden Urges CEOs to Improve Cybersecurity
President Joe Biden urged a group of CEOs to help improve cybersecurity across the nation’s critical infrastructure and economy, citing a lack of trained professionals to adequately protect the U.S.
August 26, 2021Ontario, Michigan Partner to Explore Transportation Technologies
Government leaders in Ontario and Michigan have partnered to advance transportation and mobility technologies in a cross-border testing setting.
August 26, 2021Alphabet’s Wing Nears 100,000th Package Delivery
Alphabet Inc.’s Wing subsidiary is about to reach a milestone in the fledgling drone-delivery business: Any day now it will deliver its 100,000th package to a customer.
August 25, 2021Cruise Looks to Solar Panels to Power Self-Driving Cars
Cruise, the San Francisco autonomous car company backed by General Motors, is launching a new initiative to support renewable energy efforts in California’s Central Valley that takes advantage of solar power.
August 25, 2021Hyzon Motors, Raven SR Partner on California Hydrogen Production
Fuel cell technology provider Hyzon Motors Inc. and renewable fuels company Raven SR Inc. announced their first waste-to-green hydrogen production hub.
August 25, 2021