Tesla Q3 2022 Deliveries Stand at 343,000 Vehicles, TSLA Stock Down 6%
Tesla missed the delivery estimates just by a whisker but it has impacted the stock price in early trading hours on Monday.
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 
Volkswagen to Launch Porsche IPO at $73B Valuation
By Darya Rudz
With Volkswagen willing to ramp up its electric vehicle and battery efforts, Porsche IPO would help it raise money to invest in its transformation.
Stellantis Collaborates with Uber on Electric Vehicles Market in France
By Tolu Ajiboye
Rising EV manufacturer Stellantis has partnered with Uber to make a play for electric vehicle market in France.
Xpeng Launches G9 SUV in China, Tips It to Become Firm’s Bestselling Car
The G9 SUV has every potential to outsell even the firm’s most popular product – the P7.
Chinese EV Maker Zhejiang Leapmotor to Float $1B in IPO
Leapmotor initially projected to raise as much as $1.5 billion for the IPO but later scaled it down
Luxury Automaker Ferrari Debuts Its First 4-Door SUV ‘Purosangue’
The competitive advantage that Ferrari hopes to showcase is the scarcity that will accompany the Purosangue model.
Mercedes-Benz Vans and Rivian Team Up for Electric Van Production
With their focus set on reducing costs for both companies, Mercedes Benz and Rivian will pool their funds, supplies, technology, and skills together to achieve their aim.
Nio Reports Q2 2022 Loss amid ‘COVID-19 Related Challenges’ Despite Increased Shipments
By Tolu Ajiboye
EV maker Nio ascribes its underwhelming Q2 2022 performance to the pandemic, but looks to the rest of the year with optimism.
Volkswagen Board to Make Critical Decision about Porsche Listing
With Volkswagen now also tilting toward electrification, the proposed listing for the smaller subsidiary has been tagged as a pivotal move to achieve the firm’s longer-term growth proposals.
Baidu Robotaxis Clinched 10% of Beijing Suburb Ride-hailing Market, Company Report Claims
By Tolu Ajiboye
During a recent earnings call, Baidu revealed that its robotaxis wield a 10% dominance in the Yizhuang ride-hailing market.
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.
Click to see more
