Uber reports first quarterly operating profit in Q2 2023 results

Uber has reported an operating profit during a fiscal quarter for the first time in its history. The company reported its second-quarter earnings for 2023 [PDF] on Tuesday morning, which included a net income of $394 million for the quarter, up $1.0 billion year-over-year and $588 million versus the preceding quarter. The company attributed its… Continue reading Uber reports first quarterly operating profit in Q2 2023 results

Automated Guided Vehicle Market worth $3.3 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 31, 2023 /PRNewswire/ — The Automated Guided Vehicle Market is expected to reach USD 3.3 billion by 2028 from USD 2.4 billion in 2023, at a CAGR of 6.9% during 2023–2028 according to a new report by MarketsandMarkets™. The significant growth factor associated with the Automated Guided Vehicle Market growth is the increased… Continue reading Automated Guided Vehicle Market worth $3.3 billion by 2028 – Exclusive Report by MarketsandMarkets™

Space Propulsion Market worth $18.1 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 31, 2023 /PRNewswire/ — The space propulsion market is estimated to be USD 10.6 billion in 2023 and is projected to reach USD 18.1 billion by 2028, at a CAGR of 11.3% during the forecast period according to a new report by MarketsandMarkets™. The driving factor for the space propulsion market is the… Continue reading Space Propulsion Market worth $18.1 billion by 2028 – Exclusive Report by MarketsandMarkets™

Electric Powertrain Market worth $230.5 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 31, 2023 /PRNewswire/ — Electric Powertrain Market is projected to reach USD 230.5 billion by 2030 from USD 96.7 billion in 2023, at a CAGR of 13.2% from 2023 to 2030, according to a new report by MarketsandMarkets™. The electric powertrain market is driven by growing demand for electric vehicles which in turn is influenced by… Continue reading Electric Powertrain Market worth $230.5 billion by 2030 – Exclusive Report by MarketsandMarkets™

Place au futur : présentation de la PURA Vision d’Automobili Pininfarina

Le nouveau concept PURA Vision d’Automobili Pininfarina annonce la nouvelle ère des voitures de luxe 100 % électriques. Sa silhouette élégante, ses proportions spectaculaires et ses surfaces pures affirment la philosophie esthétique PURA de la société, incarnée dans un véhicule utilitaire électrique de luxe (e-LUV) exceptionnel. Ses lignes saillantes et son style moderne marquent le début d’un nouveau chapitre exaltant pour Automobili Pininfarina,… Continue reading Place au futur : présentation de la PURA Vision d’Automobili Pininfarina

Tesla is under investigation by NHTSA over 12 reports that Model 3/Y are losing steering control

NHTSA announced that it launched a new investigation into newer Tesla Model 3 and Model Y over 12 reports drivers are losing steering control and power steering. Tesla has been under many NHTSA probes over the years, especially when it relates to its Autopilot and Full Self-Driving features, but while this case is related to… Continue reading Tesla is under investigation by NHTSA over 12 reports that Model 3/Y are losing steering control

Tesla faces new NHTSA probe over loss of steering control in Model 3 and Y vehicles

A Tesla car dealership in Austin, Texas, May 31, 2023. Brandon Bell | Getty Images The National Highway Traffic Safety Administration has opened a new investigation into Tesla over steering control problems and loss of power steering in 2023 Model 3 sedan and Model Y crossover utility vehicles. The federal vehicle safety regulator said in… Continue reading Tesla faces new NHTSA probe over loss of steering control in Model 3 and Y vehicles

NHTSA opens probe into complaints from Tesla drivers of steering control loss

U.S. auto safety regulators have opened yet another investigation into safety problems with Tesla vehicles. This time the National Highway Traffic Safety Administration is looking into a dozen complaints about loss of steering control or loss of power steering in the 2023 Models 3 and Y electric vehicles. The probe covers an estimated 280,000 vehicles. Five drivers… Continue reading NHTSA opens probe into complaints from Tesla drivers of steering control loss

CNG, RNG, and Hydrogen Tanks Market worth $5.6 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 1, 2023 /PRNewswire/ –The report “CNG, RNG, and Hydrogen Tanks Market by Gas Type (CNG, RNG, Hydrogen), Material Type (Metal, Carbon Fiber, Glass Fiber), Tank Type (Type 1, Type 2, Type 3, Type 4), Application (Fuel, Transportation), and Region – Global Forecasts to 2030″, is estimated at USD 2.5 billion in 2022 and is… Continue reading CNG, RNG, and Hydrogen Tanks Market worth $5.6 billion by 2030 – Exclusive Report by MarketsandMarkets™

Argenbright Group announces industry stalwarts as new strategic advisors for its UK and European businesses

Former Tesco Chairman John Allan, CBE, and Former Commissioner of London Metropolitan Police, Lord John Stevens of Kirkwhelpington, to lend their expertise and experience as Argenbright expands its business LONDON, Aug. 1, 2023 /PRNewswire/ — The Argenbright Group is announcing two key appointments to support the company’s UK and European growth. Former Tesco Chairman John Allan,… Continue reading Argenbright Group announces industry stalwarts as new strategic advisors for its UK and European businesses