Pilot program for SF Express, China’s second largest logistics company, started in December 2020 and is ongoing Plus’s supervised autonomous trucks have driven over 100,000 km (62,137 miles) autonomously with zero safety-related disengagements over the course of the pilot Data from the pilot shows a 20% fuel savings using Plus’s supervised autonomous trucks CUPERTINO, Calif.–(BUSINESS […]
SAN FRANCISCO–(BUSINESS WIRE)–J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) and KeepTruckin announced today that the freight-matching platform within J.B. Hunt 360°® will integrate with KeepTruckin’s Smart Load Board, bringing together two of the most influential technology leaders in transportation and logistics. The integration will provide greater visibility into capacity and offer carriers freight opportunities that […]
SAN JOSE, Calif.–(BUSINESS WIRE)–QuantumScape Corporation (NYSE: QS), today announced the pricing of an underwritten public offering of 10,400,000 shares of its Class A common stock (the “Shares”) for gross proceeds of $416.0 million. QuantumScape has granted the underwriters a 30-day option to purchase up to an additional 1,560,000 Shares at the public offering price less […]
Volvo Penta and TICO are taking the first step in their ambitions to introduce an emission-free, electric terminal tractor. This partnership and project represent another milestone in Volvo Penta’s electromobility journey and aligns with its wider sustainability ambitions. GOTHENBURG, Sweden–(BUSINESS WIRE)–#EV–In line with Volvo Penta’s wider sustainability ambitions, the company has taken another step in […]
KANSAS CITY, Mo.–(BUSINESS WIRE)–Northern Genesis Acquisition Corp. (NYSE: NGA) announces that its proposed business combination partner, The Lion Electric Company (Lion), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that the company has received a purchase order from Pride Group Enterprises (Pride) for the acquisition of 100 all-electric Lion6 and Lion8 […]
Arrival becomes a Nasdaq listed public company today, with plans to use approximately $660 million in gross proceeds to ramp up delivery of its electric vehicles and expand its global network of Microfactories. Arrival has developed a unique new method for the design and production of EVs, which enables the build of best-in-class vehicles that […]
New financial partners cement Nuro’s leadership position in autonomous delivery MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Nuro today announced new investments from Woven Capital, Chipotle, and other new investors, as part of the company’s Series C funding round. Nuro’s new financing is the first investment by Woven Capital, a newly established growth stage fund from Woven Planet, a […]
