A Ford facility in Cologne, Germany, photographed in February 2021. Oliver Berg | AFP | Getty Images Ford has laid out plans to roll out three new passenger electric vehicles and four new commercial E...
Tag: Transportation
U.S. clears way for driverless vehicles without steering wheels
DETROIT – Federal vehicle safety regulators have cleared the way for the production and deployment of driverless vehicles that do not include manual controls such as a steering wheel or pedals. The U....
Rivian Makes an Unexpected Gift to Tesla, Ford and GM
Things aren’t working out so well for Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report these days. The young manufacturer of electric vehicles seems to be experiencing a series...
Ford and PG&E partner on electric F-150 powering homes, grid
2022 Ford F-150 Lightning Ford Ford Motor will collaborate with Pacific Gas and Electric Co. in California to evaluate the bidirectional charging capabilities of the electric F-150 Lightning to power ...
Nio completes Hong Kong stock debut without raising new capital
Nio’s et5 electric sedan is set to begin deliveries in Sept. 2022. Nio Shares of Chinese electric-vehicle maker Nio began trading on Hong Kong’s exchange on Thursday, after the company cho...
Rivian changing battery cells to LFP, following Tesla, and high-nickel
R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 20...
Rivian (RIVN) earnings Q4 2021
Rivian signage at the Nasdaq on their IPO day, November 10, 2021 in New York. Source: Rivian Shares of Rivian Automotive tumbled in after-hours trading Thursday after the company missed Wall Street...
There’s ‘nowhere to hide’ for consumers as inflation hits food, gas, housing
David Sacks | Getty Images Consumer prices are rising at their fastest pace in decades — and that inflation has been most acute in household staple items like food, housing and transportation, making ...
Hypersonic aircraft start-up Hermeus raises $100 million
The company test firing the Quarterhorse aircraft’s engine at an unveiling event in 2021. Hermeus Hypersonic aircraft startup Hermeus on Thursday announced a $100 million round of funding that i...
United Airlines will let unvaccinated employees return to jobs
A United Airlines 737 Max 8 Leslie Josephs | CNBC United Airlines, citing a steep decline in Covid-19 cases, told staff Thursday that it will allow unvaccinated workers to return to their jobs startin...
BMW says 2021 profit surged as it favored higher-margin vehicles during chip shortage
Spencer Platt | Getty Images News | Getty Images German automaker BMW AG said Thursday its revenue and net profit hit all-time highs in 2021, despite increased spending on research and development rel...
Mask Mandate On Airplanes, Public Transportation Extended Until April 18
Topline The Transportation Security Administration will extend its mask mandate on public transportation for another month, multiple outlets report, even as other mask mandates have been lifted nation...
U.S. extends airplane mask mandate through April 18
A sign reads “Wear A Mask” at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images T...
Here’s what investors should look for
A Rivian R1T electric pickup truck during the company’s IPO outside the Nasdaq MarketSite in New York, on Wednesday, Nov. 10, 2021. Bing Guan | Bloomberg | Getty Images Rivian Automotive’s...
Biden restores California ability to set its own auto pollution rules
Cars make their way toward downtown L.A. during the morning commute on April 22, 2021 in Los Angeles, California. Mario Tama | Getty Images The Biden administration is restoring California’s aut...
Gas prices are spiking — don’t expect sales of electric vehicles to follow
High gas prices are displayed at a Shell station on March 7, 2022 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Consumers hoping to switch to an all-electric or more fuel-e...
Volkswagen unveils new electric ID. Buzz microbus
Volkswagen is resurrecting its iconic microbus — the quintessential van associated with traveling Deadheads and the 1960s counterculture — as an all-electric van called the ID. Buzz. The German automa...
Deutsche Post CEO: ‘Impact of Ukraine war on transportation costs is unknown’
Deutsche Post AG (ETR: DPW) stock is up over 10% on Wednesday after the world’s second-largest courier company reported an annualised growth in its Q4 net profit and announced a new share repurc...
Boeing airplane deliveries slipped in February, Dreamliner problem lingers
A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, June 29, 2020. Karen Ducey | Reuters Boeing delivered 22 jetliners to customers in February, its fewest sinc...
JetBlue founder’s startup Breeze Airways plans to nearly double its routes
David Neeleman, founder and chief executive officer of Breeze Airways, during a champagne christening before the airlines’s inaugural flight at Tampa International Airport (TPA) in Tampa, Florid...
Russia-Ukraine war could cut auto production by millions of vehicles
The 111,111th Ford Transit car manufactured at the Ford Sollers car factory in the town of Yelabuga in Russia’s Republic of Tatarstan. Yegor Aleyev | TASS | Getty Images Russia’s invasion ...
Used-car prices are still sky-high — but they may be easing
A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images Wholesale used-vehicle prices fell in February from Janu...
Berkshire Hathaway’s Market Cap Climbs. It Could Soon Overtake Tesla.
Text size Berkshire Hathaway currently is the sixth most valuable stock in the S&P 500. Photograph by Luke Sharrett/Bloomberg Tesla is the fifth most valuable stock in the S&P 500. But Warren ...
A surge in jet fuel prices threatens to overshadow post-pandemic travel rebound
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Airlines trying to claw their...
Grab Stock Rebounds From Slump After Losses Widened
Text size A Grab Food delivery rider. Lauryn Ishak/Bloomberg Shares of Grab Holdings rebounded Friday following a slump after the Singapore-based ride-sharing and food delivery company reported a wide...
Russia’s invasion is driving up air cargo costs
A Boeing 747-8F operated by AirBridgeCargo takes off from Leipzig/Halle Airport. Jan Woitas | Picture Alliance | Getty Images The cost of transporting goods by air has surged since Russia’s inva...
Why Ford didn’t spin off its electric-vehicle business
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters Ford Motor said on Wednesday that it will separate — but not spin off —...
Buy Wizz Air Stock: The Case for Buying an Airline With Exposure to Russia and Ukraine
Wizz Air, the low-cost carrier, is expanding rapidly in Central and Eastern Europe. Chris J. Ratcliffe/Bloomberg Text size The composition of European airspace has dramatically changed in the past wee...