Ferrovial reached $447 million net profit in the first half of the year

Adjusted EBITDA increased by 56% and revenue improved 7.5% in like-for-like terms, driven by positive performance in all business areas  Infrastructure assets in North America experienced strong growth in revenue per transaction, while Heathrow served a record-breaking number of passengers  During the period, Ferrovial’s shares were listed on Nasdaq and are now traded simultaneously in… Continue reading Ferrovial reached $447 million net profit in the first half of the year

Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.

As sales of its electric cars have fallen, Tesla and its chief executive, Elon Musk, have sought to convince Wall Street that the company’s future lies not in the grinding business of making and selling cars but in the far more exciting world of artificial intelligence. In Mr. Musk’s telling, one of Tesla’s main A.I.-based… Continue reading Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.

Self-driving tech company WeRide accelerates global expansion as transportation industry adopts AI

BEIJING, CHINA – JULY 11: People take photos of WeRide Robobus, a fully-driverless shuttle capable of SAE Level 4 autonomous driving, at Beijing High-level Autonomous Driving Demonstration Area on July 11, 2024 in Beijing, China. (Photo by Jia Tianyong/China News Service/VCG via Getty Images) China News Service | China News Service | Getty Images Self-driving… Continue reading Self-driving tech company WeRide accelerates global expansion as transportation industry adopts AI

@Toyota: Sales, Production, and Export Results for the First Half of 2024

Toyota Motor Corporation works to develop and manufacture innovative, safe and high-quality products and services that create happiness by providing mobility for all. We believe that true achievement comes from supporting our customers, partners, employees, and the communities in which we operate. Since our founding over 80 years ago in 1937, we have applied our… Continue reading @Toyota: Sales, Production, and Export Results for the First Half of 2024

@Toyota: Sales, Production, and Export Results for the First Half of 2024

Toyota Motor Corporation works to develop and manufacture innovative, safe and high-quality products and services that create happiness by providing mobility for all. We believe that true achievement comes from supporting our customers, partners, employees, and the communities in which we operate. Since our founding over 80 years ago in 1937, we have applied our… Continue reading @Toyota: Sales, Production, and Export Results for the First Half of 2024

Tesla Analyst Tries Full Self-Driving, Has to Stop It From Crashing

“My quick intervention was absolutely required to avoid an otherwise certain accident.” Certain Accident For roughly a decade now, Tesla CEO Elon Musk has made so-far empty promises about “solving” autonomous driving. The company’s erroneously named “Full Self-Driving” driver assistance software in particular has repeatedly drawn flak for endangering Tesla drivers daring enough to use it… Continue reading Tesla Analyst Tries Full Self-Driving, Has to Stop It From Crashing

CNH announces Narinder Mittal as President of India as part of global reshuffle

CNH announced on Tuesday that the new global leadership team will deliver its strategic priorities for profitable long-term growth globally in the agriculture segment faster and more effectively. Specifically, regarding Mittal’s appointment as the India president, the note stated, “This appointment recognizes the significant and increasing strategic position of India as a market itself, a… Continue reading CNH announces Narinder Mittal as President of India as part of global reshuffle

Ecozen ties up with Volektra to convert ICE vehicles into EVs

Ecozen, a climate technology company, has announced an investment in Volektra, an electric vehicle (EV) technology firm. This partnership, which includes other investors such as Thinkuvate and Growthfactory, aims to advance electric mobility solutions globally. The collaboration combines Ecozen’s expertise in motors, controls, IoT, and analytics with Volektra’s magnet-free motor technology (SEEM), to create EV… Continue reading Ecozen ties up with Volektra to convert ICE vehicles into EVs

@Groupe PSA: PR Leapmotor International Ships the First Batch of Leapmotor Electric Vehicles from China to Europe This Month007678

AMSTERDAM – Leapmotor International, a 51/49 Stellantis-led company between Stellantis and Leapmotor, has shipped the first batch of Leapmotor electric vehicles – C10 SUVs and T03 cars – from Shanghai, China, to European ports this month, marking a significant milestone in the partnership and demonstrating the shared commitment to quickly providing sustainable mobility and innovation to… Continue reading @Groupe PSA: PR Leapmotor International Ships the First Batch of Leapmotor Electric Vehicles from China to Europe This Month007678

@Groupe PSA: PR Stellantis Pro One Market Share Leader in 3 Regions: Europe 30, South America and Middle East & Africa007677

AMSTERDAM – In the first half of 2024, Stellantis Pro One captured the top spot (vs. 2023) in Europe 30 (EU 30), South America and now the Middle East & Africa region. The impressive results underscore Stellantis Pro One’s robust presence in global markets, aligning with the Company’s ambitious Dare Forward 2030 strategic targets. “Today’s… Continue reading @Groupe PSA: PR Stellantis Pro One Market Share Leader in 3 Regions: Europe 30, South America and Middle East & Africa007677