Transport Topics
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Talks between General Motors Co. and electric-vehicle startup Rivian Automotive Inc. about the largest U.S. carmaker buying an equity stake have reached an impasse and may be dead, sources familiar with the matter said.
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Uber Technologies Inc. has spent more than $1 billion on autonomous vehicle technology to compete with giants such as Alphabet Inc., Apple Inc. and General Motors Co.
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Flex Fleet Rental, a Salt Lake City company that provides commercial truck rentals, is receiving financial backing from Waterfall Asset Management and TRP Capital Partners to expand its business and establish a national presence.
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Fleetilla, an asset-tracking and fleet management company, announced a collaboration with Polte Corp., a location-technology company, and will integrate Polte’s technologies into its services, according to a news release.
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