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CATL to Supply EV Batteries to Daimler Trucks
Daimler AG’s Trucks & Buses unit will source lithium-ion battery modules from China’s Contemporary Amperex Technology Ltd. (CATL) for a variety of electric trucks, starting in 2021.
Shanghai Okays Passengers in Robotic Cars
Shanghai has given three companies permission to carry passengers in their self-driving cars, says the state-run Xinhua News Agency.
Veoneer Readies Thermal Camera for Self-Driving Cars
Sweden’s Veoneer Inc., the former electronics business of Autoliv Inc., says it has won a contract to supply thermal cameras to an unnamed carmaker for use in future autonomous vehicles.
Fair Inks $500 Million Deal to Finance Ride-Hailing Cars
Santa Monica, Calif.-based Fair Inc., a three-year-old startup that specializes in short-term leases and vehicle subscription programs, says it has secured a $500 million revolving-credit deal.
Audi Faces Sept. 26 Deadline on Diesel Software
Germany’s KBA motor authority has given Audi AG 10 days to remove emission-cheating software from its V-6 and V-8 diesel engines.
Autonomous-Truck Company Raises $120 Million
TuSimple Inc., a San Diego-based startup that supplies autonomous driving technology for commercial truck applications, has raised $120 million in its latest funding round.
Texas High-Speed Rail Deal Moves Forward
Texas Central, which plans to build a high-speed rail line between Dallas and Houston, has hired a firm to design, build and install the bulk of the 240-mile track.
Quality Problems Stall Ford Explorer Launch
Ford Motor Co. is fixing several problems that have delayed the launch of the 2020 Explorer SUV and its Lincoln Aviator twin.
Uber Pulls Ride-Share Bikes in 2 More Cities
Uber Technologies Inc. is discontinuing its Jump bike-sharing service in Atlanta and San Diego as safety and clutter concerns grow.
Nissan Readies Electric Crossover
Nissan Motor Co. is developing an all-electric small crossover vehicle to be launched in mid-2021.