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.
Although one-year Tesla stock figures look good, 5-day, 1-month, and year-to-date movements are currently taking the heat, despite Bitcoin purchases.
The Bolt EV will have a starting price of $31,995 compared to the $33,995 starting price of the new 2022 Bolt Utility Vehicle.
JLR revealed that it would spend about $3.5 billion yearly on electrification technologies. The cost would also cover developing connected vehicle services.
Apple already has other automakers in mind as it was reported a couple of weeks ago that they are investing $3.6 billion in KIA Motors to push their car production dream.
The new Bolt EV and EUV products are a boost to General Motors’ plans to deliver as many as 30 EV brands to the market by the end of 2035.
It now remains unclear what company Apple will seek as its next partner on the Apple Car.
Leaders of Hyundai-Kia believe collaboration with Apple will set them on a path to accelerate their own plans of developing autonomous electric vehicles.
It was disclosed that the SpaceX trip is not for the rich, but for the lucky.
Currently, the key objective of Virgin Galactic is to complete the flight as well as “to test the remedial work that has been completed since the onboard computer halted ignition of the rocket motor.”
Ford and Google are considering leveraging Google’s cloud to enable a system where Ford users will receive maintenance information and other updates on trade-in opportunities.
Nio, Li Auto and Xpeng have all announced an increase in their delivery rate for 2020.
GM stock investors enjoyed a profitable 2020 as the shares added approximately 52.86%
While the Tesla Model S retains the 12.3-inch digital gauge cluster in front of the driver, it has got a completely redesigned steering wheel.
Faraday Future first unveiled its FF 91 130 kWh crossover vehicle at the beginning of 2017, during the US Consumer Electronics Show.
Tesla stock jumped 643.70% last year and has added approximately 112.84% in the past three months.