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Nikola Moves On From Trevor Milton To Tackle Supply Chain Shortages
Tuesday, August 3, 2021 - 2:00pm | 971Nikola 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...
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Trouble For Trevor Milton ー Freightonomics
Friday, July 30, 2021 - 10:47am | 261Trevor 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...
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TuSimple Will Use Ryder Terminals To Expand Autonomous Freight Network
Thursday, July 29, 2021 - 10:46am | 838Autonomous 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'...
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Racing Towards The World's First Electric Pickup
Tuesday, July 27, 2021 - 10:05am | 885On 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...
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Daily Infographic: LONG-RANGE LOOKOUT: AEye Sensor Gives TuSimple 3,280-Foot View
Thursday, July 15, 2021 - 10:20am | 82To view more FreightWaves infographics, click here. Image Sourced from Pixabay
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The Daily Dash: TuSimple's 3,280-Foot View
Thursday, July 15, 2021 - 10:17am | 664The 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-...
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Long-Range Lookout: AEye Sensor Gives TuSimple 3,280-Foot View
Wednesday, July 14, 2021 - 10:51am | 982One 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...
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AEV Summit: Cummins Finds Success In Zero-Carbon Mindset
Wednesday, July 14, 2021 - 10:39am | 624This 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...
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Daily Infographic: Autonomous Operation Levels
Thursday, June 24, 2021 - 10:29am | 294https://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/...
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Shift To Reverse: Lordstown Motors Backtracks (Again) On Electric Pickup Orders
Friday, June 18, 2021 - 1:34pm | 656Lordstown 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...
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With Fed Seeing Higher Inflation, Growth Stocks Could be In The Spotlight Today
Thursday, June 17, 2021 - 10:07am | 1738It 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...
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Exclusive First Ride: Nikola Electric Truck Can Turn On A Dime
Wednesday, June 16, 2021 - 10:23am | 2058PHOENIX — 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...
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Navistar Posts Big Jump In Q2 Earnings With Help From TuSimple
Tuesday, June 8, 2021 - 2:49pm | 546Navistar 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...
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Semi Tough: Tesla Electric Class 8 Truck Leader Departs Company
Tuesday, June 8, 2021 - 11:14am | 536The 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...
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Navistar Hit By Cyberattack But 'Minimizing Potential Impact'
Monday, June 7, 2021 - 10:43am | 318Navistar International Corp. (NYSE: NAV) told the Securities and Exchange Commission on Monday that it was hit by a cyberattack in late May. The Lisle, Illinois-based truck and bus manufacturer said it is "minimizing potential impact" by working with third-party cybersecurity experts and federal...