startup News Updates

Business, Technology, Equipment, Fuel

Truck Startup Edison Motors Ramps Up Hybrid Class 8 Production

The company will begin its first small production run in a new 305-acre manufacturing facility in Golden, British Columbia, founder and CEO Chace Barber told Transport Topics.

March 6, 2025
Business, Technology, Equipment, Fuel

Verne’s Cryo-Compressed Hydrogen Tech Nears Pilot Phase

San Francisco-based Verne plans to offer truck makers the option of cryo-compressed hydrogen storage to achieve the same range as a diesel tractor.

October 10, 2024
Government, Business

Nationwide Transport Stages Opening in Missouri

Nationwide Transport, a $5.2 million trucking startup, staged its grand opening in La Grange, Mo., in a facility located along the Mississippi River banks on the state’s northeastern border opposite Illinois.

August 5, 2024
Business, Technology

EV Startups Confronting Setbacks

Truck manufacturer Nikola Corp. and delivery-van maker Arrival added to a series of misfortunes for electric vehicle startups struggling to make it to mass production.

July 5, 2023
Business, Technology, Equipment, Safety

Chinese EV Startup Monitors Drivers’ Vital Signs

A new Chinese electric vehicle startup, BeyonCa, is touting its ability to monitor drivers’ health for serious incidents like a heart attack to help stand out in an increasingly crowded market.

November 4, 2022
Business, Technology, Safety, Autonomous, TCA

Austin Startup Bets on AI Reshaping the Trucking Industry

Austin-based trucking startup AI Fleet is betting that using artificial intelligence technology and focusing on drivers could help transform the trucking industry.

December 9, 2021
Business, Technology

Chinese Trucking Startup Files Confidentially for US IPO

China’s Uber-like startup Full Truck Alliance confidentially has filed for an initial public offering that could raise at least $1 billion as soon as this year, according to people familiar with the matter.

February 26, 2021
Business, Technology, Autonomous

With New Funding, Startup PlusAI Set to Unveil Level 2 Driverless Vehicles

Sequoia Capital-backed PlusAI Inc. is close to raising about $200 million in new funds at a valuation of more than $1 billion to bankroll its development in autonomous trucks, according to people familiar with the matter.

August 21, 2019
Business, Technology, Logistics

Logistics Solutions Provider Pickup Closes $5 Million Funding Round

Pickup, an on-demand last-mile logistics solutions provider, has closed a $5 million funding round, according to a Nov. 13 press release. Funds from the round, led by TDF Ventures and Noro-Moseley Partners, will be used for market expansion, growing the product platform and adding staff in key areas.

November 27, 2018
Business, Technology, Logistics, TCA

Fleet, 22-Year-Old’s Logistics Startup, Raises Another $10 Million

At 14, an age when other kids want video games and gadgets, Max Lock wanted a job.

January 25, 2018