electric trucks

A week ago, Nikola founder Trevor Milton was charged by the U.S. attorney's office in Manhattan with three counts of fraud in connection with the investigation into the electric vehicle startup. Milton says he is not guilty, but Nikola immediately distanced itself from the negative news. We asked...

Nikola Corp. is unlikely to sell any battery-electric trucks this year because of semiconductor shortages for critical components, but it will let select customers and dealers use the trucks to build mileage and get retrofits later. The company said Tuesday it expects to deliver 25-50 nonsaleable...

Trevor Milton, founder and former chairman of Nikola Corp., was handed down three federal fraud charges Thursday morning for his alleged involvement in misleading investors and retailers about Nikola's true equipment capabilities.  On this episode of Freightonomics, Zach Strickland and Anthony...

Autonomous trucking software developer TuSimple will use some of Ryder System Inc.'s (NYSE: R) more than 500 maintenance terminals to stretch its supervised driverless freight network from Arizona to Florida by the end of the year. The addition of selected Ryder facilities in addition to TuSimple'...

On Friday, Rivian revealed it closed a $2.5 billion funding round, led by existing investors Amazon (NASDAQ: AMZN), Ford Motor Company (NYSE: F), and T. Rowe Price (NASDAQ: TROW). Also last week, Rivian revealed its plans to build a second assembly plant in the U.S. as it moves towards beginning...

To view more FreightWaves infographics, click here. Image Sourced from Pixabay

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the latest tech advances for autonomous trucks, an analysis for investing in the LTL market and more. The High Five 1. One sensor from LiDAR startup AEye Inc. can see more than a half-...

One sensor from LiDAR startup AEye Inc. can see more than a half-mile ahead and alert an autonomous truck that a human driver is cutting in from the next lane of traffic. The miniature machine will be part of TuSimple's autonomous driving system for sale on a Navistar International truck planned...

This keynote recap is from FreightWaves' Autonomous & Electric Vehicles Summit on Wednesday. KEYNOTE TOPIC: Covering all bets in future propulsion DETAILS: Say Cummins (NYSE: CMI) and the first thought is, "Oh, it makes diesel engines." That is only a part of the 102-year-old company today...

https://s29755.pcdn.co/wp-content/uploads/2021/06/AutonomousOperationLevels_6-23-21_bc_thumbnail-600x317.jpg 600w, https://s29755.pcdn.co/wp-content/uploads/2021/06/AutonomousOperationLevels_6-23-21_bc_thumbnail-768x406.jpg 768w, https://s29755.pcdn.co/wp-content/uploads/2021/06/...

Lordstown Motors Corp. (NASDAQ: RIDE) backtracked on statements by its president that the startup has confirmed orders for its Endurance commercial electric pickup truck, telling the Securities and Exchange Commission (SEC) the orders are solid but not bankable. The reversal of comments by...

It seems that the market debate about whether inflation is truly temporary or could be more lingering has heated up a bit. The Fed added more fuel to that fire by raising its inflation expectations for this year but still saying it thinks inflation is “transitory.” This argument may...

PHOENIX — From a minimalist cockpit-style cab with nearly every function visible on a 17 1/2-inch display monitor to whisper-quiet battery-electric operation and a turning radius that could jackknife a typical semi, the Nikola Tre daycab is no enhanced computer image or exaggeration. It is a very...

Navistar International Corp. (NYSE: NAV) reported a big jump in its Q2 fiscal-year earnings due in part to gains on its investment in autonomous trucking software startup TuSimple Holdings. Navistar and TuSimple (NASDAQ: TSP) are working together to bring a Class 8 high-autonomy truck to market in...

The departure of Jerome Guillen, who was overseeing the oft-delayed Tesla Semi program, renews questions about when the electric trucks will be on the road as more than prototypes. Tesla (NASDAQ: TSLA) announced Guillen's departure Monday in a two-sentence filing with the Securities and Exchange...