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.
Delta wants to overhaul its existing fleet with more fuel-efficient Boeing planes and has ordered 100 with the option of 30 more.
This new all-electric sedan will be built on an Electric Global Modular Platform (E-GMP) just like the Ioniq 5.
EV tycoon Tesla Inc is about to make losses due to impairment on its Bitcoin losses.
Tesla faces another major challenge to address while it faces a major slowdown in sales amid recessionary conditions.
Tesla has posted its Q2 results for vehicle production and deliveries ahead of its incoming financial report later this month.
German luxury and commercial vehicle automotive brand Mercedes is planning to launch its non-fungible token (NFT) collection on FTX.
American multinational electric vehicle manufacturing company, Tesla Inc is set to shut down its office in San Mateo, a move that will cost 200 of the EV maker’s staff to lose their jobs.
Both vehicles also have the same modular structure, have identical motors and batteries, and have similar speed ratings.
The NFT line is the plan Bentley has to impress itself in the budding Web3 and broader metaverse space. Bentley will only release 208 pieces.
Currently, NHTSA is reviewing Tesla’s Autopilot. Last week, it was updating its investigation into 830,000 Tesla vehicles equipped with the system.
One of the major drawbacks ELMS is currently experiencing is its inability to acquire new financing as well as a new set of auditors.
Volkswagen wants to ramp up its electric vehicle and battery efforts in the US starting with the newly-unveiled Chattanooga plant.
WM Motor claimed it focuses only on the mainstream market, and that its low-priced vehicles are a catch considering their quality and performance.
Volkswagen CEO Herbert Diess stated at the WEF that the company’s EV sales will overtake Tesla numbers in three years.
According to Hyundai, commercial production is expected to yield an annual capacity of 300,000 units.