Autos & Transportation recent news

Tesla To Cut Number Of Salaried Employees By 10% But Hire More Hourly Workers

Tesla Chief Executive Elon Musk appeared to recant his words in a tweet response Saturday, stating that the amount of salaried personnel might not...

Ford CEO Jim Farley Predicts Rise In Consolidation Of the Electric Vehicles Sector

In the coming years, Jim Farley, CEO of Ford Motor Company, anticipates the automotive industry's continuous shift to electric cars to compel considerable consolidation...

The DeLorean Alpha5 is the start of an exciting future for the reincarnated brand. It will excite even pertolheads, promises

The DeLorean Motor Company will have a new electric vehicle, the Alpha 5, which should reach a top speed of 250 km/h and have...

Egypt Signs Contract with Siemens Mobility to Construct High-Speed Railway Line

Egypt has entered a contract to build a 2000 kilometers high-speed railway with Siemens Mobility’s traffic and rail unit and a consortium of partners....

Stellantis and Samsung Plans Building $2.5Billion EV Battery Plant in Indiana,USA

Global automaker Stellantis and tech giant Samsung recently announced entering into a joint venture to establish a $2.25 billion electric-vehicle battery manufacturing facility in...

Hyundai Motors To Establish $5.54-B Battery, E-Vehicle Plant in the U.S.

Hyundai Motors on Friday announced that it has entered into an agreement with the State of Georgia to create its first dedicated full electrical...

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