General Motors
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News
Borderlands: Asian firm to build $44M EV motor core factory in Mexico
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Asian firm to build $43M EV…
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Modern Shipper
BrightDrop delivers first electric vans to FedEx Express
FedEx Express has taken delivery of the first electric vans as part of a 500-unit order from BrightDrop. The vehicles are in operation in California.
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News
Borderlands: Mexico’s automotive production hits 9-year low
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico’s automotive production hits 9-year low;…
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Electric Trucks
Starting over: Workhorse overhaul could lead to more than electric vans
Suspending electric van production, converting debt to equity and reducing cash burn are among the new CEO’s early moves at the troubled Workhorse Group.
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Electric Trucks
Paccar, Daimler, Volvo get bulk of $127M in SuperTruck 3 funding
The DOE SuperTruck program shifts to stretch goals for battery-electric and fuel cell trucks along with megawatt charging and green hydrogen.
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News
Trucking, logistics firms left in lurch after auto parts supplier’s bankruptcy
Trucking companies, logistics firms and suppliers may be left in a lurch after an auto parts supplier filed bankruptcy after losing GM as a client.
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Autonomous Vehicles
Who will survive the coming shakeout of lidar suppliers?
Lidar startups are selling their wares to autonomous vehicles and other businesses, hedging their bets to survive in an overpopulated field.
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Business
Rivian files for what could be the 4th-largest IPO of the decade
Amazon-backed EV maker Rivian makes big news with a public stock offer and beating its rivals to market with the first-ever electric pickup, the R1T.
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Top Stories
Lordstown Motors may sell its plant to Taiwan’s Foxconn for $230M
Taiwan’s Foxconn would manufacture Lordstown Motors’ Endurance electric pickup truck under an agreement to buy the former GM assembly complex.
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Modern Shipper
ELMS passes first test, delivers first EV cargo van ahead of schedule
Electric Last Mile Solutions has delivered its first Class 1 all-electric cargo van to a customer, beating a Q4 goal for the first delivery.
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