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The company counts TPG, Amazon.com and General Electric among investors with 5% or greater stakes.

American Trucking Associations in May voiced opposition to the prospect of the proposed truck tariffs, stressing the levies could cause financial strain for an industry already struggling.

The exemption Zoox is seeking would allow the company to operate as many as 2,500 self-driving cars on U.S. roads.

Major automakers want the Trump administration to weaken ambitious tailpipe emissions standards that are pushing the industry to sell electric vehicles in larger numbers. 

Led by Rep. Adam Smith, the visit to Beijing comes as tensions have risen between the two countries over trade, technology and opposing views on global conflicts.

Tests with Flytrex’s autonomous drone delivery system will begin in Uber Eats pilot markets by the end of the year.

Cargo protection company Overhaul facilitated the recovery of $1.4 million in stolen electronics in an incident that points to the growth of more sophisticated criminal networks.

Franz von Holzhausen, Tesla’s longtime design chief, said the company is looking to combine the electronic and manual door-release mechanisms, which are currently in separate locations.

The loan, finalized by the Biden administration in November 2024, was among $400 billion in green bank deals halted by the Trump administration as part of its review of energy financing. 

With President Donald Trump’s tax bill killing EV incentives at the end of the month, the push for a sub-$30,000 vehicle that runs on electrons may help buttress the projected dip in sales.