08 Dec VW’s Battery Bet Reveals Data Showing Tech Could Top Tesla QuantumScape Corp., a battery startup that counts Volkswagen AG as its largest shareholder, says new data shows its batteries can be charged to as much as 80% of full power in 15 minutes, almost twice as fast as a Tesla Model 3. Read more...
08 Dec Tesla’s German Factory Faces New Snag After Court Halts Logging Tesla Inc. was ordered by a local court to halt tree clearance for its new factory near Berlin after complaints from two environmental groups, potentially disrupting progress in completing the company’s first European gigafactory. Read more...
08 Dec Elaine Chao Discusses Partnerships as Busy Year Draws to a Close Transportation Secretary Elaine Chao credited stakeholders for helping regulators propel the industry forward through a challenging 2020. Read more...
08 Dec Trevor Milton Plans to Remain Top Nikola Owner Post-Lockup Expiration Trevor Milton said he remains committed to his Nikola Corp. holding and doesn’t plan to relinquish his position as its largest shareholder even though a restriction has been lifted, addressing speculation that he could divest of his stake in the company he founded and resigned from. Read more...
08 Dec Comments to Oregon DOT Reveal Concerns Over I-205 Tolls As part of its study on the potential of tolls in the Portland area, the Oregon Department of Transportation will consider 4,644 public comments, the majority of which express opposition to the tolls. Read more...
07 Dec Diesel Continues to Climb on Increasing Global Oil Demand The U.S. Energy Information Administration’s weekly survey published Dec. 7 showed trucking’s primary fuel increased 2.4 cents nationwide and now costs $2.526 a gallon. Read more...
07 Dec Aurora to Buy Uber’s Self-Driving Vehicles Arm Uber is selling off its autonomous vehicles-development arm to Aurora as the ride-hailing company slims down after its revenues were pummeled by the coronavirus pandemic. Read more...
07 Dec Congress Eyes Support for Busy Ports As operators of major container ports struggle to keep ahead of a rush of imported goods while retailers restock nine months into the coronavirus pandemic, Congress is aiming to lend additional support. Read more...
07 Dec Some Experts See Plane-Crash Risk Rising on Expansion of 5G Spectrum A plan to redeploy spectrum for super-fast 5G wireless networks is sparking concern among aviation safety experts that it could result in interference with the electronics on aircraft, potentially leading to crashes. Read more...
07 Dec Penske Announces Fleet Upgrade Leasing Program Penske Truck Leasing launched a program that lets carriers sell their old trucks so they can lease a new one, the company announced Dec. 7. Read more...