Uber Partners with Hertz to Make 50,000 Tesla Rentals Available to Its US Ride-Hail Drivers
By Tolu Ajiboye
Uber is collaborating with Hertz to supply Tesla electric vehicles to drivers ahead of an entire electric ride-hail fleet by 2023.
Transportation News
Explore the key news from transportation sphere including car reviews, coverage of the leading automakers, topics on self-driving, autonomous EVs, drones, etc 
TSLA Stock Jumps 4% as Hertz Orders 100,000 Tesla EVs
According to reliable sources, Hertz’s order of 100,000 cars equals about $4.2 billion in revenue for Tesla.
Tesla Rolls Back Its FSD Software on Malfunctioning Basis, TSLA Shares Stays Green
The Tesla FSD malfunctioning problem may serve as another avenue for the United States National Highway Traffic Safety Administration (NHTSA) to extend its probe in the Palo Alto-based firm.
First Ever IOT Blockchain Enterprise Ready Solution from IoTeX and IIC
By Andy Watson
Pebble is a portable blockchain-enabled device that securely tracks and encrypts data of its surroundings in real-time.
Xiaomi Stock Up 2%, Company Announces Plans to Mass Produce Electric Cars in 2024
Xiaomi stock has dropped approximately 30%, and 14% in the past ten months and three months respectively.
HT Aero, Xpeng Flying Car Affiliate, Secures $500M in Series A Funding
Unlike the competing flying car startups operating today, HT Aero is focused on consumer or passenger flying cars, and not just on those for the business sector.
Evergrande Announces Intention to Deliver Electric Cars by 2022
By Tolu Ajiboye
Evergrande’s auto arm said its electric vehicle suppliers were experiencing some delays. In addition, the unit also revealed that it suspended some projects across the group, and is looking for new investors.
Tesla Announces Production Start Date at Berlin Gigafactory
Despite the pushback with the local authorities regarding its Berlin gigafactory, Brandenburg’s economy minister said Tesla has a 95% chance of obtaining the factory approval.
GM Shares Up 1.71% as General Motors Looks to Double Revenue by 2030
General Motors has a robust plan to scale its EV production before 2023 while looking at the long-term plan of producing an all-EV fleet by 2035.
Volvo Cars Finalizing Deal to Gp for IPO in Sweden
The proposed IPO plan by Volvo is arguably one of its long list of strategic goals to power the capital injection that will fuel its switch to electric car production in the coming years.
Transportation News
Explore the latest news from the transportation sphere including car reviews, coverage of the leading automakers, topics on self-driving, autonomous EVs, drones, logistics, etc.
Transportation involves the movement of individuals and goods from one place to another. The transportation industry features a class of firms, businesses, and organizations that deal with the provision of transport services to customers across the world. Transport frameworks, by the portability they give, are firmly identified with financial changes with time.
As per Global Industry Classification Standard, the transportation industry comprises firms that operate and offer services relating to the transfer of people and products through road, airlines, marine, rail, air freight, and logistical means.
Just like every other industry, the evolution of the transport industry has featured the use of several means and modes, from the use of canoes and boats to rails, cars, cargoes, airplanes, etc. and has become more efficient while dealing with new complexities. However, economic doors are more likely to be opened where transportation frameworks can guarantee access to business sectors and assets.
The exhibition of firms in the transportation business is mostly subject to changes in organizational profit and the cost of moving products and services from one place to another. Some of the primary elements influencing organizational profit include the cost of fueling machines, work costs, service demand rate, geopolitical occasions, and supervisory measures and guidelines by the government. Notably, a large number of these components are related. For instance, if some government decides to impose laws and guidelines that make it hard for individuals to secure their corporate drivers’ permit, the number of drivers in the country will see a massive reduction and consequently increase the expense of employing commercial drivers.
Logistics news
Stay tuned to Coinspeaker to get the latest transport industry news and information we take you closer to the world of transportation whose great potential has continued to entice and attract new investors and stakeholders.
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