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UPS Buys Stake in Autonomous Trucking Company
United Parcel Service Inc. has acquired an unspecified minority stake in TuSimple Inc., a San Diego-based startup that supplies autonomous driving technology for commercial truck applications.
Scoop Ride-Sharing Raises $60 Million
California-based startup Scoop Technologies Inc. has raised $60 million in its latest funding round to more than double the ride-sharing firm’s investment total to $106 million.
CEO at Carbon Fiber Supplier SGL Resigns
Juergen Koehler, the CEO of carbon fiber supplier SGL Group, will leave the company at the end of August after the supplier scrapped its business plan and slashed its outlook.
Audi E-tron First EV to Earn Top IIHS Safety Rating
Audi AG’s e-tron crossover vehicle has become the first electric car to win the Insurance Institute for Highway Safety’s highest safety rating.
Bosch Touts Potential of Fuel Cell Vehicles
Robert Bosch GmbH says fuel cell powertrains will play a growing role in next-generation vehicles, especially medium- and heavy-duty commercial trucks.
Bizarre Notions of Self-Driving Cars
What do Americans think about the likelihood of climbing into a robot car?
Work Begins on FCA’s New Detroit Assembly Plant
Fiat Chrysler Automobiles NV has begun erecting a new paint shop on a site in Detroit that will house the city’s first new assembly plant in nearly 30 years.
Uber Halts Services at California Airport
Ride-hailing giant Uber Technologies Inc. plans to stop offering service to and from Ontario International Airport near Los Angeles next month due to escalating fees.
Platinum Suppliers Target EV Batteries
Anglo American Platinum Ltd., the world’s largest supplier of platinum and palladium, is teaming up with mining giant Platinum Group Metals to develop next-generation batteries for electric vehicles.
Freightliner Launches Electric Trucks in U.S.
Daimler AG’s Freightliner heavy-duty truck unit is launching full electric versions of the Cascadia big rig this month in the U.S.