Transportation
Ford’s Electric Vehicle Unit Forecasts $3 Billion Loss in 2023
Ford expects to have 2023 along the same lines, with adjusted earnings of $7 billion for...
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Boeing strikes deal with Saudi Airlines, sells 78 Dreamliner planes in a $37 billion deal
Boeing aircraft orders are valued at nearly $37 billion and are unsure if it included the...
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Mediterranean Shipping Company (MSC), Betting On A Bounce Back In Global Trade, Amidst Recession Talks
Mediterranean Shipping Company (MSC), the world’s biggest sea cargo line, signaled that it has an optimistic...
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Break-Through In The Aviation Industry As ZeroAviva Flies The World’s Largest Hydrogen Aircraft
ZeroAviva is currently working on a 2.5-MW powertrain that is designed for aircraft with 40-80 seats...
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BYD ties up with Sime Darby Motors in a $113 million deal, enters the Malaysian market
BYD currently has an expanding list of countries and regions which the company adds to its...
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Panasonic Energy to build a new battery plant in Kansas; aims to initially produce 30 GWh
Panasonic’s Kansas facility aims to begin mass production by March 2025 to meet North America’s growing...
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Audi partners with Sauber for Formula 1 entry starting in 2026
The current partnership will see Sauber competing as the Audi factory team from the year 2026,...
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Volkswagen Group will invest $2.4 billion in China autonomous driving venture
CARIAD will hold a majority stake of 60% Volkswagen AG’s software entity CARIAD with China’s Horizon...
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Udrive unveils ‘Udrive car rental stations’ in collaboration with DWTC to provide exclusive mobility in the region
Udrive,the first car-sharing provider in the Middle East that provides car rental by the minute, today...
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Oman-Etihad Rail Company: A new $3bln venture by Etihad rail and Oman Rail
Oman-Etihad Rail Company will be an equally owned and jointly established company by Etihad Rail and...
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