MEMPHIS, Tenn., April 10 -- University of Memphis issued the following news release:

Sponsored by the National Science Foundation, CEAT is poised to lead the advancement of electric and autonomous vehicle technologies in the freight and transit sectors. Bringing together academia and industry, CEAT aims to address the complex challenges facing the trucking industry, with a strong focus on electrification, automation and workforce development.

"My background has been spent working at the intersection of the academy and industry and I understand the value when you get those two groups together," said UofM President Bill Hardgrave. "To me, this is the type of thing where the magic happens."

Hardgrave highlighted the significance of housing ...