Electric vehicle startup Rivian announced a $700 million funding round led by Amazon (NASDAQ: AMZN) today, February 15. The investment comes after the Michigan-based company unveiled its all-electric R1T pickup and R1S SUV last fall.
Message from NATSO: Technology trends will force truck stop owners to reevaluate how they serve their customers.
New vans to hit roads in New York, California.
Many feel as though electric trucks will continue to take a backseat for private transportation fleets and for-hire carriers.
Walmart will deploy autonomous vehicles to deliver groceries for customers, according to Tom Ward, senior vice president of digital operations for the retail giant. Autonomous vehicle company Udelv is providing the technology to make the pilot program possible.
China is embarking on an effort to become a leader in the electric vehicle market.
Hundreds of manufacturing firms in China seek to take advantage of the vast national investment directed at renewable energy and battery storage technology. This motivates China to capitalize on metal resources necessary for launching the electric vehicle industry.
Increased electric vehicle adoption could lead to higher fuel taxes; drone deliveries could be a nuisance to neighborhoods; EU believes that the U.K. might vote in favor of the Brexit agreement this January.
German OEM major MAN Truck & Bus is investing heavily in clean mobility, and is now collaborating with the CNL consortium for testing 26-tonne electric trucks.
Electric trucks a first for Hunt.
FedEx is expanding its alternative-fuel vehicle fleet with 1,000 electric vans from Chanje Energy, to be delivered over the next two years.
The SEC announced that they have settled their lawsuit with the embattled Tesla CEO. Regardless of the outcome, shareholders win.
It’s happening: the SEC has charged Elon Musk with issuing materially false and misleading statements intended to manipulate the price of Tesla stock.
Readers of the printed newspaper are on a decline. It is essential that distribution companies that cater to this audience adapt to change, and optimize their logistics processes to increase profits.
Bernd Heid from McKinsey elaborated on the future of mobility, drawing instances of disruptions in the transportation industry and the need for adapting business models to market and regulatory requirements.
In September 2017, IKEA Group was one of the first to join EV100—a global initiative created by The Climate Group—and now, a year later, IKEA Group has announced their commitment to moving toward zero emissions deliveries in 5 major cities by 2020.
Ford Trucks unveiled its new F-MAX tractor, boasting a high-performance engine with 500 PS, 2500 Nm and 400 kW of braking power. The tractor also has 6% higher fuel optimization over previous models, and delivers lower cost of ownership with 7% reduced maintenance costs.
Volvo Trucks enters the electromobility age with FE and FL Electric truck variants and Vera, a fully autonomous electric truck concept that could redefine transportation within logistics hubs.
Volvo Trucks has unveiled its concept autonomous electric vehicle that it believes could help create a more efficient and cleaner transportation network, while acting as a complement to existing solutions.
Recreational drug use and a new wave of executive departures sent Tesla equity and debt tumbling. Meanwhile, a class action lawsuit filed by short sellers alleges that Musk artificially manipulated Tesla stock by issuing false and misleading information.
