transportation-sector
Top StoriesGerman Minister Says ‘on Right Track’ to Solving CO2-emitting Car Row
Research ReportsElectric Bike Market to Be Worth Us$ 122.1 Billion by Year 2032, Get Insights Fmi
BusinessMaersk Warns Lower Container Volumes to Hit 2023 Profits
TechnologyUber’s Quest for Sustainability: Partnering With Auto Manufacturers to Design Customized Electric Vehicles for Ride-Sharing and Delivery Services
Stellantis to Build U.S. Firm Archer’s Air Taxi, up Stake
Date: January 5, 2023
By Gilles Guillaume PARIS (Reuters) -Carmaker Stellantis will help build Archer Aviation’s electric aircraft and increase its stake in the U.S. company, the two firms said on Wednesday, driving Archer’s shares up nearly 17%. Industrial firms and new startups are flocking to invest in air taxis, which can take off and land vertically to ferry...
Italy’s Eni Sets up Sustainable Transport Services Company
Date: January 2, 2023
MILAN (Reuters) – Italian energy group Eni said on Monday it had set up a new company dedicated to sustainable transport, which would develop bio-refining, biomethane and offer mobility products and services in Italy and abroad. The move is part of Eni’s broader strategy to extract value from its diverse range of businesses by spinning...
Southwest Cancels Thousands More Flights; U.S. Government Vows Scrutiny
Date: December 29, 2022
By David Shepardson and Alexandra Alper (Reuters) -Southwest Airlines came under fire from the U.S. government on Tuesday after it canceled thousands of flights, and its boss, Bob Jordan, said the low-cost carrier needed to upgrade its legacy airline systems. U.S. airlines have canceled thousands of flights as a massive winter storm swept over much...
Battery Swapping Spurs Kenya’s Electric Motorbike Drive
Date: December 26, 2022
By Ayenat Mersie NAIROBI (Reuters) – Over recent months, sets of sturdy, brightly-branded battery swapping stations have cropped up around Kenya’s capital Nairobi, allowing electric motorcyclists to exchange their low battery for a fully-charged one. It is a sign of an electric motorcyle revolution starting to unfold in Kenya where combustion-engine motorbikes are a cheaper...
Orange Finance Head Fernandez to Join Transport Group Cma Cgm
Date: December 20, 2022
PARIS (Reuters) – French telecoms group Orange’s deputy chief executive and head of finance, Ramon Fernandez, is leaving the company to join shipping and transport company CMA CGM as finance director. Fernandez will Orange at the end of the first quarter of 2023, the company said on Tuesday, adding that a successor will be named...
Adding EVs to U.S. Biofuels Law Is Environmental Agency’s 2023 Task
Date: December 15, 2022
By Stephanie Kelly NEW YORK (Reuters) – The Biden administration could change the nation’s biofuel blending law next year to offer lucrative credits to electric vehicle manufacturers like Tesla, a major rewrite that the oil industry criticizes as subsidizing the EV industry. The Renewable Fuel Standard, enacted in the mid-2000s, mandates the amount of biofuels...