Truck Tech is a weekly newsletter offering perspective and context on electrification and autonomous technologies for fleets and the trucking ecosystem.
Rivian priced its IPO at $78 a share, turning early funding by Amazon, Ford and others into billions in returns on those investments.
When electric vehicle maker Rivian makes its public debut, perhaps as early as next week, it could be at a valuation that rivals Ford’s.
Resilient Power lands $5M in seed funding as it looks to commercialize its fast-charging technology.
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.
On the heels of a short seller’s takedown, Workhorse halts electric van deliveries and recalls units already in customer hands.
Electric-vehicle maker Rivian is said to be looking for as much as $8 billion from its upcoming IPO, which would make it the fourth-largest U.S. IPO in the past 10 years.
Cruise Automation and BrightDrop, two GM siblings, may find common ground in applying autonomy to electric van delivery.
Electric vehicle maker Rivian has filed for an IPO that could value the company as much as $80 billion.
The automaker is eyeing locations in Texas and Arizona as possible sites for its second electric vehicle factory.
Truck Talk is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.
Amazon has started testing Rivian electric delivery vans in San Francisco as part of its planned rollout of 10,000 electric vehicles by 2022.
The United States’ infrastructure was put to the test recently when Winter Storm Uri passed through the lower half of the country. As a result, production at petrochemical plants shut down and the industry is now on the brink of a potential seat shortage.
With large players like Amazon adopting electric vehicles, pressure will start building on smaller fleets and owner-operators to adopt them as well, and that will require companies like GoFor Industries to provide support and all-in-one packages.
In today’s edition of The Daily Dash, Heartland Express announces an operating income improvement in its Q4 earnings. Plus, an appeals court says California can’t regulate a truck driver’s meal and rest breaks, and Daseke’s board chairman talks the future of the company.
General Motors has created a new battery-electric first-to-last-mile business eyeing an $850 billion delivery market. Following a second pilot program, FedEx Express is slated to get the first 500 units of the EV600.
Workhorse Group booked its biggest order for its electric delivery vans, but the deal requires the company to come through on time starting this July — maybe.
U.K.-based Arrival picks Charlotte, North Carolina, as its North American headquarters. It’s a 30-minute drive from its planned microfactory in South Carolina and close to UPS, a major customer for its electric vans.
The vote to complete a reverse merger for commercial electric pickup startup Lordstown Motors is set for Oct. 22 amid greater than run-of-the-mill business risks.
In today’s edition of The Daily Dash, several safety groups have sued FMCSA to stop upcoming changes to HOS rules. Plus, Convoy seeks to eliminate the request for proposal process, FreightWaves announces enhancements to SONAR and a Stanford dropout reimagines loading docks.
