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.
With the newly secured funding, AutoFi is set to bolster its business operations across the board, first by hiring more staff particularly to boost the engineering and customer-facing teams.
While it remains unclear what their products will look like, their individual and combined capabilities speak for themselves.
The products from Volocopter mobility include the VoloCity, VoloConnect, and VoloDrone, all of which provide easy access to move at a short-range, typically within a city.
Besides the restructuring, Ford also confirmed giving a boost to its spending on EVs from $30 billion to $50 billion by 2026.
Ford said it has a significant number of Ukrainians working at the company globally. Amid the ongoing war, the company promises to provide continuous support to the people.
Panasonic says it will initially offer its lithium-ion batteries to Tesla. However, it also intends supply other companies.
The approach to cut off ties by foreign companies with Russia is a complementary move to the concerted efforts by global leaders to put Russia in a very tight economic corner.
This move to list in Hong Kong comes as a response to the growing regulatory risks for Chinese companies listed in New York.
Ford’s Mustang Mach-E debuted at the end of 2019 and started deliveries in 2020. The 2022 Mustang Mach-E starts at just under $44,000.
According to Virgin Galactic Spaceflight reservations will amount to $450,000. Whereby those interested will part with an initial deposit of $150,000 and will make their final payment before their flight.
According to the CPCA, the total passenger car sales in January in China totaled 2.11 million, down 4.5% from a year earlier.
Polestar takes a jibe at Tesla and Volkswagen as it seeks to launch its all-electric Polestar 2 very soon.
The launch of the Starship rocket may be accompanied by a number of anticipated challenges, especially with the upcoming Federal Aviation Administration’s (FAA) environmental assessment of the Boca Chica site.
Tesla is recalling some 2020-2022 Model S, Model X, Model Y, and 2017-2022 Model 3 vehicles.
The launch was supposed to put four NASA-sponsored cubesats on a mission called Educational Launch of Nanosatellites (ELaNa) 41.