Blast-off! SpaceX’s 23rd batch of Starlink satellites successfully deploys
SpaceX lit up Wednesday morning’s darkened sky once again with its 23rd successful launch of Starlink satellites.
ACV Auctions raises $414 million in stock offering; company valued at $3.9 billion
ACV’s online marketplace was used by more than 16,000 dealerships and other participants last year. Revenue almost doubled last year while its loss shrank.
Vitesco wins contract to supply 800-volt inverters for Hyundai's new EV platform
The higher-voltage system, now found only on high-end cars such as the Porsche Taycan, allows for faster charging and smaller motors versus the current 400-volt standard.
Hyundai faces production disruption from April due to chip shortage, report says
The automaker has so far been able to avoid a hit from the semiconductor shortage largely because it maintained a stockpile of chips, unlike many of its global peers.
Self-driving truck startup TuSimple files for U.S. stock offering
TuSimple, backed by Volkswagen and United Parcel Service, is developing self-driving trucks with Navistar that are slated to start production in 2024.