Technology
Tesla to Build Factory in Austin, Texas, for Semi Production
Tesla electric vehicles charge at the Tesla Supercharger station in Fremont, Calif., on July 20. (Nina Riggio/Bloomberg News)
Tesla Inc. managed to stay profitable even in the midst of a global pandemic, but something is still nagging at Elon Musk: the electric-car maker isn’t growing fast enough.
July 23, 2020FCA, Waymo Extend Autonomous Partnership
Four years ago, FCA began providing its Chrysler Pacifica Hybrid minivans to Waymo to test self-driving technology. (Waymo)
Fiat Chrysler Automobiles and Google affiliate Waymo said July 22 they are extending their partnership in the development and testing of autonomous vehicles for commercial delivery and for future FCA products.
July 22, 2020VW’s EV Expansion in Tennessee Is ‘On Plan’
A VW logo is reflected in the wing mirror of a VW ID electric automobile. (Krisztian Bocsi/Bloomberg News)
Walls are up enclosing Volkswagen’s new $800 million electric vehicle production site in Chattanooga, Tenn., as factory equipment is shipped in for installation, an official says.
July 22, 2020Tesla Slashes Deposit for China Customers to Just $143
The Tesla logo is seen outside one of the company's showrooms in Beijing, China. (Giulia Marchi/Bloomberg News)
Tesla Inc. lowered the deposit that buyers in China have to put down on its cars, seeking to keep sales momentum in the face of intensifying competition and reductions in the government’s electric-vehicle subsidies.
July 22, 2020Freightliner Updates Smart Source App
Truck manufacturer Freightliner has updated its Smart Source app with a new design, personalized notification options and enhanced product support, the company announced.
July 21, 2020Banyan Debuts LTL Freight Pricing App
Freight pricing data provider Banyan Technology has launched a real-time data connectivity platform called Insights that is designed to help less-than-truckload carriers balance and maximize capacity on their networks, and also provide measurable savings for shippers, the company said.
July 21, 2020EU Approves Biggest Green Stimulus in History
German Chancellor Angela Merkel, left, and French President Emmanuel Macron walk onto the podium prior to a media conference at the end of an EU summit in Brussels on July 21. (John Thys/Associated Press)
European governments approved the most ambitious climate change plan to date, agreeing to pour more than €500 billion euros ($559.5 billion) into everything from electric cars to renewable energy and agriculture.
July 21, 2020Ford, VW Electric Models May Be Delayed by Trade-Secret Fight
The Volkswagen logo sits on an alloy wheel on an automobile in Geneva, Switzerland. (Jason Alden/Bloomberg News)
Ford Motor Co. and Volkswagen AG warned a swirling legal dispute between two South Korean battery suppliers could threaten their plans to start producing electric vehicles in the U.S.
July 21, 2020Drivewyze Receives $60M Investment to Accelerate Growth
A Drivewyze-equipped truck bypasses a weigh station in Alberta, Canada. (Drivewyze)
Trucking technology provider Drivewyze will receive $60 million in financing to help advance its growth through an agreement parent company Intelligent Imaging Systems has reached with an investment firm, according to a July 14 announcement.
July 21, 2020SmartHop, Tech Platform for Smaller Carriers, Secures $4.5M Seed Funding
SmartHop founders Joaquin Brillembourg (from left), Guillermo Garcia and Miguel Sucre (SmartHop)
Dispatch technology developer SmartHop has closed $4.5 million in early funding, the company announced July 21.
July 21, 2020