Hyzon becomes latest SPAC-backed startup to crash
Like numerous SPAC-backed transportation startups, Hyzon Motors has run out of money and plans to shut down.
Like numerous SPAC-backed transportation startups, Hyzon Motors has run out of money and plans to shut down.
Ryder System is leasing space at a Houston maintenance facility to Kodiak Robotics for driverless truck operations.
Nikola is in no hurry to artificially boost its stock price to ward off its second Nasdaq delisting notice in eight months.
Three companies departed autonomous trucking in 2023 as Aurora Innovation, Kodiak Robotics and Torc Robotics staked leadership claims.
The financial freezeout of startups by investors may be thawing as FOMU — the fear of messing up — begins to subside.
TuSimple Holdings is following through on winding down its U.S. autonomous trucking business, laying off 150 more employees.
Who is leading, following, emerging or out of the game in autonomous trucking? Here’s an assessment of shifts among the players.
Amid a contraction of autonomous trucking firms, the founders of self-driving startup Argo AI are launching a driverless trucking startup.
Could Kodiak leverage some of the work Navistar has in on a redundant chassis for a Class 8 autonomous truck?
The future of Waymo Via had been whispered about for months after parent Alphabet Inc. cut thousands of jobs across the company earlier this year.
Losers among transportation startups are rapidly being defined, It will take longer to determine the winners.
Embark Technology, an early leader in autonomous trucking software development, becomes part of Applied Intuition in a $71 million deal.
Transportation startups that went for easy SPAC money never thought times would turn so ugly – certainly not so fast.
Predictive maintenance analytics for autonomous trucks could provide a reverse benefit for human-driven trucks.
Driverless trucks have special needs that only humans can perform at terminals where they will drop and hook loads.
Proterra Inc. and Ouster Inc. are just two of many technology startups and growth-stage companies struggling financially.
How confident is Kodiak Robotics of the safety of its autonomous system? How about cutting a sensor cable while the truck is running?
Embark Trucks, the original autonomous trucking company, may put itself up for sale or liquidate after laying off 70% of its employees.
Nikola customers will test Plus autonomy on the startup’s battery and fuel cell electric trucks this year and make it standard in 2024.
As valuations of SPAC-backed startups plummet, one autonomous trucking developer that avoided the FOMO and stayed private is thriving.