Chinese tech giant Huawei refrained from unveiling its new 5G smartphone during its recent autumn season launch event. Instead, the company focused on electric vehicles, revealing its first sedan and luxury SUV.
The new Nio smartphone, though outwardly resembling a conventional mobile device, harbors unique features that make it a game-changer for Nio’s customers.
In response to Erdogan’s proposition, Musk conveyed his enthusiasm for the Turkish market.
Tesla is likely to decide on a breakthrough method of die casting multiple sections of its EVs to reduce cost and improve production.
Going by the new estimates, Morgan Stanley expects that Tesla’s market capitalization will surge by at least $600 billion over the next 12 to 18 months.
Stack AV has a team of experienced developers working on an AI-powered technology to increase productivity and efficiency in truck businesses.
Following the strategic partnership, Westlake Financial will leverage Pagaya’s relationships with asset managers and other partners to finance the auto loans.
In addition to exploring the Chinese market, Lucid is actively expanding its production capacity at its Arizona factory and preparing to launch its new SUV model called the Gravity.
Polestar is trying to create an experience where you can be using an app on your mobile phone and then continue with the app in your car.
BMW’s first Neue Klasse vehicle will be rolled out in 2025. The Vision Neue Klasse vehicle has already been revealed to the public at IAA Mobility in Munich. The event started on September 5 and will run until September 10.
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.