Ford is taking a significant step forward in its European transformation with a commitment to go all-in on its electric passenger vehicles and to substantially grow and electrify its leading commercial vehicle business.
Ford committed that by mid-2026, 100 percent of Ford’s passenger vehicle range in Europe will be zero-emissions capable, all-electric or plug-in hybrid, and will be completely all-electric by 2030.
Apple's vehicle project, focused on building an autonomous driving car, is expected to shake up auto industry worldwide.
Apple's car plans could involve several potential manufacturing partners capable of building an electric self-driving vehicle for the technology giant.
thyssenkrupp Uhde Chlorine Engineers' Green Hydrogen product division has been awarded an engineering contract in order to install an 88 megawatt (MW) water electrolysis plant for Canadian energy company Hydro-Québec after successfully completing a feasibility study.
Volkswagen Group further strengthens its capabilities in the development of automated driving (AD) solutions. The Group’s software company Car.Software Organisation will collaborate with Microsoft to build a cloud-based Automated Driving Platform (ADP) on Microsoft Azure and leverage its compute and data capabilities to deliver automated driving experiences even faster at global scale.
Commodity prices continued to surge in January, with energy commodities jumping 10% and non-energy commodities rising 4,4%.
Airspeeder unveiled the world’s first fully functioning electric flying racing car. The Airspeeder Mk3, is a full-sized remotely-operated electric vertical take-off and landing vehicle (eVTOL). It will compete in an upcoming remotely-piloted Airspeeder racing series that will stand as a technical test-bed and feeder series to a manned racing series in 2022. The unveiling of the vehicle represents the realisation of more than three years development work to create a sport that will accelerate a new clean-air aerial mobility revolution.
The Green Bay, Wis.-based truckload, intermodal and logistics services company reported that net income reached $76.9 million, or 43 cents a diluted share, for the three months ending Dec. 31, a 38% increase from the $55.9 million, 32 cents, it posted in Q4 2019. Total operating revenue increased by 9% to $1.3 billion from $1.2 billion.