Hyundai Inks Deal to Build Full EV and Battery Plants in Georgia, US
According to Hyundai, commercial production is expected to yield an annual capacity of 300,000 units.
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 
‘We Plan to Challenge Tesla,’ EV Maker Ford CEO Says
Ford CEO added that the company has “every intention” to become the leading electric pickup maker globally.
Elon Musk: Inflation Is Worse than Reported
By Daria Rud
According to the official reports, the US annual inflation rate accelerated to 7.9% in February of 2022 and rose to as much as 8.5% in March, the highest since January 1982, matching market expectations.
Hyundai Collaborates with Meta Kongz to Launch Community NFTs
The automobile maker is set to issue 30 limited editions of its NFTs on April 20 to celebrate the release of the short film.
Tesla Attains New Delivery Record of Over 310,000 Vehicles for Q1 2022
By Tolu Ajiboye
Despite production constraints, Tesla had enough inventory to hit a new delivery record of 310,048 EVs for the first quarter of 2022.
Nintendo Shares Drop 5.75%, Hotly Anticipated Nature Adventure Game Gets Postponed
Aonuma said that the release date of Legend of Zelda will take place during the spring of 2023. Previously, Nintendo expected to release the game in 2022.
SpaceX Looks to Complete Its Starship’s Orbital Flight in May
The Starships and its Super Heavy Boosters are powered by the company’s uniquely designed series of Raptor engines.
Tesla Gigafactory Berlin to Begin Deliveries of Its First Model Y Cars
By Daria Rud
The arrival and reception for the opening event will take place from 9 am to 10 am. Registration will start from 10 am to 11 am. Further, attendees will enjoy a factory tour of Giga Berlin. At 1:30 pm, the Model Y handover and the delivery event are scheduled.
Paris Taxi Driver Sues Tesla Over Fatal Crash
After the incident, the taxi firm G7 suspended the use of 37 Tesla vehicles.
Porsche to Build Its Global Network of EV Charging Stations, Taps Germany, Switzerland and Austria for Starters
By Tolu Ajiboye
German high-performance vehicle manufacturer Porsche is cranking up its EV commitment with a network of charging stations and more EV models.
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
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