Autos & Transportation recent news
Autos & Transportation
Revolutionizing Luxury: Rolls-Royce to Go Fully Electric by 2030 with All-New Electric Models, While Iconic V12 Remains Unchanged for Now
Luxury carmaker Rolls-Royce is set to start producing its first electric vehicle (EV), the Spectre coupe, later this year. According to the CEO of...
General Motors
GM inks long-term supply deal with Global Foundries to manufacture microchips in the US
With a global chip shortage that is exacerbated by conflicts in Ukraine and in East Asia as well as supply chain issues brought by...
Autos & Transportation
Hyper-Scalable Transportation: Tunisian Startup Founder Anis Fekih on Building Premium E-Scooters
Climate resurrection has been at the forefront of not only every nation’s attention in recent years—but it’s apparent every time we open the news...
Autos & Transportation
Tesla retains EV dominance but new players slowly gaining market share
Tesla remains on top of the leaderboard when it comes to electric vehicle registration in the United States but new players in the EV...
Autos & Transportation
Driving Social Change One Vehicle at a Time with OpenAuto App Founder Souren Khetcho
Are entrepreneurs born or shaped?
This is the age-old question that begs the attention of many social psychologists and business enthusiasts across the world.
Entrepreneurs are...
Autos & Transportation
Tesla has recovered and is setting another record. Nearly 344,000 cars delivered in the third quarter
Tesla has rebounded from a slower second quarter, during which it saw a drop in the number of cars delivered to customers due to...
Autos & Transportation
6 Important Facts You Need to Know About the Highly Anticipated Porsche IPO
Volkswagen AG, the parent company of luxury car brand Porsche, has recently announced that the newly issued preferred shares will start trading on the...
Autos & Transportation
Creating an Ethical Marketplace for Used Vehicles with Tulu Co-Founder, Abby Clissold
For the second greatest investment people make in their lives, there aren’t as many helpful insights and entry points of analysis on how to...
Tesla
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
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...
Autos & Transportation
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...
Africa & Middle East
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....
Autos & Transportation
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
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...
Mercedes-Benz
World’s most expensive car: Mercedes persuaded to sell its 300 SLR Uhlenhaut for 135 mil EUR
An extremely rare example of the 1955 Mercedes-Benz 300 SLR Uhlenhaut racing car has sold for 135 million euros (~143 million USD) at a...
Tesla
Elon Musk Responds To Tesla Being Dropped From S&P 500 ESG Index
Tesla Inc.’s (NASDAQ: TSLA) CEO Elon Musk has replied harshly to reports that the electric car manufacturer had been removed from the broadly followed...
Autos & Transportation
Toyota Forecasts 20% Profit Slump Due to Parts Shortages, Covid Lockdowns
Toyota Motors cautioned that "extraordinary" increases in raw material costs might shave a fifth off full-year earnings, a clear warning that the world's largest...
Autos & Transportation
Rivian Automotive Tanks 21% After Ford Motor Sells Part Of Its Stake In The Start-Up
Rivian Automotive's stock hit rock bottom on Monday after CNBC reported that Ford Motor Company is selling 8 million shares of the electric car...
Ford
Ford Motors To Sell 8 Million Shares in Electric Car start-up Rivian
According to CNBC's David Faber, Ford Motor is selling 8 million Rivian Automotive stock, with an insider hold for the formerly high-flying electric car...
Autos & Transportation
Unwrapping The Top 10 Trends That Will Disrupt The Automobile Industry
The “car” has improved tremendously over the years. As the earliest successful attempt at automobile mass production, the Ford Model T was a massive...