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Amazon Is Getting Into The Autonomous Trucking Business

Amazon Is Getting Into The Autonomous Trucking Business
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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Foley Weekly Automotive Report - May 2021 | Foley & Lardner LLP

This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - . ....

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Automotive Industry: Semiconductor Shortage & EV Tax Incentives & other news

Tuesday, May 4, 2021
This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities.
Key Developments
U.S. new light-vehicle sales in April predict a
In an earnings call last week,
Ford warned of a potential volume loss approaching
1.1 million vehicles for the full year’s planned production due to the ongoing global semiconductor shortage.
Due to the semiconductor shortage,
GM announced additional downtime for
five North American plants; Volkswagen’s Mexico unit will stop production for certain vehicles in Puebla this month, and
Nissan announced several days of downtime in May for its North American plants. ....

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SPAC rumor mill churns over autonomous truck software developer Plus

SPAC rumor mill churns over autonomous truck software developer Plus
Startup ‘open to all kinds’ of capital raising but mum on blank-check merger
0 66 3 minutes read
A Bloomberg report has autonomous trucking software maker Plus close to a SPAC merger with Hennessy Capital. (Photo: Plus)
Self-driving truck software startup Plus is reportedly in talks to merge with the same investor group that brought public electric vehicle startup Canoo Inc. (NASDAQ: GOEV), school bus maker Blue Bird Corp. (NASDAQ: BLBD) and flatbed logistics specialist Daseke Inc. (NASDAQ: DSKE).
Rumors of the Cupertino, California-based startup aligning with a special purpose acquisition company (SPAC) have circulated for months. Bloomberg reported Friday that Plus is in talks with Hennessy Capital Investment Corp. V (NASDAQ: HCIC) in a deal that could be announced as soon as this week. ....

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'The UK Government should part-fund our own British Car Company'

Mike Rutherford thinks Britain s new independence makes it perfectly poised to invest in car production
18 Apr 2021
Last time I checked, MPs were preparing to blow “at least £12billion” refurbishing their already lavish London workplace, the Houses of Parliament. They also said yes to burning about £100billion on HS2, which many of them will use, all-expenses-paid, when travelling from home to London and back. Those same MPs and others will set the licence fee we pay, the main funding for the state broadcaster, whose microphones and studios are conveniently exploited by politicians peddling their policies, propaganda and idle promises.
That’s billions of our pounds chucked around, just on a building refurb, a new railway, and funding the BBC. But might some, or most, of this public money be more wisely and productively invested in the BCC – the British Car Company – which I’m proposing, and the UK Government could part-fund? ....

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