Concerns are mounting around Carvana, the “Amazon of used cars.” The online car retailer was an investor darling during the pandemic. They hailed the new economy that wanted consumers to ...
Tag: transport
Billionaire George Soros Punishes Rivian
George Soros is betting on the auto industry. The billionaire continues to invest in this sector, which is in the process of abandoning gas cars in favor of electric cars, while public policies in Eu...
Billionaire George Soros Embraces Ford
The automobile sector is of particular interest to George Soros. The legendary investor has invested a lot of money in this industry, which is in full transformation towards electric vehicles. Soros ...
George Soros Backs Elon Musk, Tesla
Elon Musk has spoken a lot less about Tesla (TSLA) – Get Free Report in recent months. Very busy finalizing the acquisition of Twitter for $44 billion, and finding new sources of revenue for th...
Rout of Carvana, the ‘Amazon of Used Cars,’ Has No End
Concerns are mounting around Carvana, the “Amazon of used cars.” The company was an investor darling during the pandemic. They hailed the new economy that wanted consumers to buy everythi...
Collapse of Carvana, the ‘Amazon of Used Cars’, Continues
The sky is not clearing up for Carvana. On the contrary, big clouds continue to gather over the company which was one of the big winners of the covid-19 pandemic, with a massive growth. Since announ...
Mercedes Draws a Secret Weapon Against Tesla
Mercedes-Benz knows it has to act fast, if the legacy carmaker doesn’t want to be knocked out of the crucial electric vehicle market. The German brand is battling Tesla (TSLA) – Get Free ...
Jeep Quietly Leaves Huge Market
It is an adventure that ends in total anonymity. Jeep, the iconic all-terrain brand in the automotive industry, has just quietly left one of the most important automotive markets: China. The Asian gi...
Elon Musk Prepares Huge Gift for Tesla Investors
Elon Musk took out the carrot. The CEO of Tesla (TSLA) tried on October 19 to reassure the electric vehicle maker’s shareholders after a completely disastrous first half of October for Tesla ...
Tesla Humiliates Volkswagen, Mercedes – TheStreet
In the race for electric vehicles, every detail counts because it can make the difference. And there are often details that can give a significant psychological advantage to some of the players or un...
Cyclists Have Happiest Commute, Shows US Smartphone App
A woman wearing a dress rides on a bicycle during Women’s Bicycle Tour at Konak Square in Izmir, … [+] Turkey on September 24, 2017. (Photo by Evren Atalay/Anadolu Agency/Getty Images) Get...
Active Travel England Might Not Survive New Tory Government, Implies Boris Johnson’s Transport Advisor
Andrew Gilligan. (Photo by Ian Waldie/Getty Images) Getty Images Boris Johnson’s transport advisor Andrew Gilligan has voiced worries that the Liz Truss government could water down the commitment to w...
Ford Seeks New Trial After $1.7 Billion Jury Verdict in Truck Rollover Lawsuit
Listen to article (1 minute) Ford Motor is asking a Georgia court for a new trial, after a jury reached a $1.7 billion verdict against the auto maker last month involving a truck rollover accident tha...
Sustainable Transport Is About Much More Than Electrification
Arguments around sustainable transport get more complicated the closer you look. Just comparing tailpipe emissions is not enough, and neither is “well to wheel”, which considers the whole path of ener...
Rail Strike Averted After White House Brokers ‘Tentative’ Deal—Here’s What You Need To Know
Topline Major freight rail companies and unions have struck a tentative deal to avert a damaging national rail strike, President Joe Biden announced early Thursday morning, a boon for his administrati...
Tesla May Be Set to Build a New Plant – but Not the One You Think
Elon Musk, chief executive of Tesla (TSLA) , has promised that this year he’ll announce the locations of the electric-vehicle manufacturer’s next factories. The list should probably incl...
New U.K. Transport Secretary Was Road Campaign Chief, Denied Climate Change
New Secretary of State for Transport Anne-Marie Trevelyan. (Photo by Leon Neal/Getty Images) Getty Images Anne-Marie Trevelyan was last night appointed as the U.K.’s transport secretary in the first c...
Stock Market Investing Action Plan: Powell Speech, Transport Tech, Trading Volume
The stock market exited August with its tail between its legs as the big benchmarks clung to a three-week decline that shattered multiple levels of critical support. Leading stocks have taken a beatin...
China set to launch e-CNY payments for public transport
China is making significant progress with its plans for a central bank digital currency (CBDC). The e-CNY is currently available in several Chinese cities. It can be accessed easily by citizens lookin...
China begins next phase of CBDC testing with e-CNY payment for public transport
According to multiple sources, on Tuesday, China officially began rolling out the next round of its central bank digital currency (CBDC) pilot test program. In the city of Guanzhou, it is now possible...
China Guangzhou Public Transport Launches Digital RMB Payment Function
China’s Guangzhou became the first city to launch a pilot function of a digital RMB payment code to pay for bus rides. Passengers can now use the digital yuan (e-CNY) CBDC to pay for public tran...
Ford Dealt a Huge Blow
The announcement no doubt resonated strongly on all floors at Ford’s (F) headquarters in Dearborn, Mich. This unexpected news has certainly taken CEO Jim Farley and his team by surprise as the...
20 dividend stocks with high yields that have become more attractive right now
Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset class have become more attractive as prices have fallen and cash flow i...