Tag: Trucking News

Oshkosh Corporation Invests in Robotic Research to Build Upon Autonomy and Robotics Capabilities

OSHKOSH, Wis. & CLARKSBURG, Md.–(BUSINESS WIRE)–Oshkosh Corporation (NYSE: OSK), a leading innovator of mission-critical vehicles and essential equipment, and Robotic Research, a global leader in autonomous mobility and Advance Driver Assistance Systems (ADAS) solutions, announced today a strategic partnership and an Oshkosh Corporation investment in Robotic Research to accelerate its innovation and autonomy offerings. The […]

AGP Group Announces US$250 Million Expansion Debt Funding

Partnership with OMERS Capital Markets and BMO Enables Continued Acceleration of AGP’s Global Expansion Plans AGP Positioned to Meet Growing Demand for Specialty Glass Amid Global Transition to Electric Vehicles GHENT, Belgium–(BUSINESS WIRE)–AGP Group (“AGP” or “the company”), a global leader in the design and production of specialty automotive glazing components, today announced it has […]

Pony.ai to Launch Fleet of Robotaxis with Ontime, GAC’s ride-hailing app, in Guangzhou in 2022

GAC is one of China’s largest automakers and a longtime Pony.ai partner Introduces Pony.ai’s partnership approach to commercializing robotaxis and strengthens Pony.ai’s significant leadership in the Guangzhou region FREMONT, Calif.–(BUSINESS WIRE)–Pony.ai, the leading global autonomous driving technology company, today announced a deeper partnership with Ontime, GAC’s ride-hailing app. As part of the partnership, Pony.ai will […]

Wolfspeed Opens the World’s Largest 200mm Silicon Carbide Fab Enabling Highly Anticipated Device Production

The New York-based fab expands Wolfspeed’s manufacturing capacity to meet the steepening demand for Silicon Carbide devices across automotive and industrial applications. DURHAM, N.C.–(BUSINESS WIRE)–Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology and production, today officially opened its state-of-the-art, Mohawk Valley Silicon Carbide fabrication facility in Marcy, N.Y. with a ribbon cutting […]

Faraday Future Announces Brembo as Brake Supplier for Upcoming FF 91 EV

Faraday Future’s flagship vehicle FF 91 EV will come equipped with Brembo brakes when it launches later this year (currently expected in Q3). A leader in the field of automotive brake technology, Brembo will provide the FF 91 EV with solid and consistent brake output under all conditions. LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. […]

Knight-Swift Transportation Holdings Inc. Announces Share Repurchase Plan and Quarterly Cash Dividend

PHOENIX–(BUSINESS WIRE)–Knight-Swift Transportation Holdings Inc. (NYSE:KNX) (the “Company” or “Knight-Swift”) announced today that its board of directors (the “Board”) approved the repurchase of up to $350 million of the Company’s outstanding common stock (the “2022 Knight-Swift Repurchase Plan”). With the adoption of the 2022 Knight-Swift Repurchase Plan, the Company terminated the $250 million repurchase plan […]