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UPS invests in autonomous trucking company TuSimple, tests self-driving tractor trailers

Green Car Congress

UPS’ venture capital arm, UPS Ventures, has made a minority investment in autonomous driving company TuSimple ( earlier post ). Together, both companies are testing self-driving tractor trailers on a route in Arizona to determine whether the vehicles can improve service and efficiency in the UPS network.

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Nikola Motor Company hires Jesse Schneider from BMW as hydrogen and fuel cell technologies VP

Green Car Congress

We are excited to introduce industry veterans into our company structure to help prepare for the manufacturing rollout. —Trevor Milton, CEO, Nikola Motor Company. The additional purchase order brings the total value for the demo stations to approximately $9 million, with delivery in the second half of 2018 and into 2019.

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London Taxi relaunches as London EV Company; order for 225 vehicles from The Netherlands

Green Car Congress

London Taxi Company (LTC) has relaunched as London EV Company (LEVC), marking the next stage in the company’s transformation. Underpinned by an investment totalling £325 million (US$420 million), LEVC, a wholly-owned subsidiary of Geely, intends to be the urban commercial vehicle provider of choice for cities around the world.

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Lucid (nee Atieva) to build luxury electric cars in Arizona factory

Green Car Reports

The company—formerly known as Atieva—says it plans to break ground next year on a new factory in Casa Grande, Arizona. Lucid will begin production of its first electric car by 2018, it said in a statement, and expects to employ more than.

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Nikola executes reverse merger with VectoIQ; now to be listed on NASDAQ; BEV and FCEV trucks

Green Car Congress

to create a company focused on the development of next generation smart transportation. Nasdaq:VTIQ) is a $230-million publicly traded Special Purpose Acquisition Company (SPAC) formed for the purpose of effecting a merger, acquisition or similar business combination within 24 months of its IPO, which was completed 18 May 2018.

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VW-owned Navistar begins autonomous trucking pilot

Teslarati

A subsidiary of Volkswagen-owned Traton, Navistar, has officially launched an autonomous trucking pilot program, in partnership with technology company Plus. The company says Internation trucks featuring SuperDrive by Plus are already being validated in certain parts of Texas, and the companies expect customer pilots to begin within a year.

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Solar and Battery Companies Rattle Utility Powerhouses

Cars That Think

"It is now quite common to see these types of companies gain significant market share without necessarily owning any of their own generation or network assets at all." In Germany, the large industrial utility RWE started its own battery unit and is now operating small energy storage sites in Germany and in Arizona.

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