May 22, 2022

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Home Tag Archives: Transportation

Tag Archives: Transportation

Business

Why the first autonomous vehicles winners won’t be in your driveway

By The Texas Chronicle
15 hours ago
in :  Business
0
3

An Apollo Robotaxi runs at Shougang Park as Baidu launches China’s first driverless taxi service in the city on May 2, 2021 in Beijing, China. He Luqi | Qianlong.com | Visual China Group | Getty Images For years, Alphabet‘s Waymo and others leaders have promised autonomous vehicles are just around the bend. But that future has not arrived yet. Why …

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Business

Hyundai to invest $5.5 billion to build EVs and batteries in Georgia

By The Texas Chronicle
1 day ago
in :  Business
0
5

The logo of Hyundai is shown at the #WeAreMobility fair at the 97th edition of the Brussels Motor Show on 18 January 2019, in Brussels. Dirk Waem | AFP via Getty Images Hyundai Motor on Friday confirmed plans to spend $5.54 billion to build its first dedicated electric vehicle and battery manufacturing facilities in the U.S. The plants will be …

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Business

Renault says electric-hydrogen concept will have 497-mile range

By The Texas Chronicle
2 days ago
in :  Business
0
1

Details of Renault’s Scénic Vision concept car were presented to the public on May 19, 2022. The firm’s idea of developing a passenger vehicle that uses hydrogen technology is not unique. Benjamin Girette | Bloomberg | Getty Images Renault has released details of an electric-hydrogen hybrid concept car, with the French automaker describing hydrogen technology as being “one of the …

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Business

Boeing Starliner OFT-2 launch: What’s at stake

By The Texas Chronicle
3 days ago
in :  Business
0
7

A United Launch Alliance Atlas V rocket with Boeing’s Starliner spacecraft aboard is seen as it is rolled out to the launchpad for the OFT-2 mission scheduled to lift off on May 19, 2022. Joel Kowsky | NASA Boeing is set to make another attempt to reach the International Space Station with its Starliner capsule Thursday, nearly two and a …

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Business

Citi downgrades railroad stocks including CSX, says slowing economic growth will limit upside

By The Texas Chronicle
3 days ago
in :  Business
0
6

As Wall Street begins to worry about economic growth, railroad stocks could be in for a rough ride, according to Citi. Analyst Christian Wetherbee downgraded three rail stocks — CSX , Norfolk Southern and Union Pacific — to neutral from buy, saying in a note to clients Thursday that a slowing economy would hurt investors in those companies. “Rails have …

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Business

Elon Musk says he’ll vote Republican, bashes Democrats

By The Texas Chronicle
3 days ago
in :  Business
0
6

Trump advisor Steve Bannon (L) watches as President Donald Trump greets Elon Musk, SpaceX and Tesla CEO, before a policy and strategy forum with executives in the State Dining Room of the White House February 3, 2017 in Washington, DC. Brendan Smialowski | AFP | Getty Images Elon Musk said twice this week that he plans to vote for Republicans …

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Business

EV battery costs set to spike as raw material shortages drags on

By The Texas Chronicle
4 days ago
in :  Business
0
8

Attendees look at the all-electric Ford F-150 Lightning pickup truck at the Washington Auto Show in Washington on Tuesday, January 25, 2022. Bill Clark | CQ-Roll Call, Inc. | Getty Images The cost to produce electric vehicles is primed to surge over the next four years, according to a new report, the result of scarcity in key raw materials needed …

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Business

China Eastern crash probe reportedly eyes intentional action

By The Texas Chronicle
4 days ago
in :  Business
0
9

A plane carrying the second black box of the crashed China Eastern Airlines flight arrives in Beijing on March 27, 2022. Investigators looking into the crash of a China Eastern Airlines jet are examining whether it was due to intentional action on the flight deck, with no evidence found of a technical malfunction, two people briefed on the matter said. …

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Business

Flight attendants’ union backs Spirit-Frontier merger

By The Texas Chronicle
4 days ago
in :  Business
0
6

A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022. Luke Sharrett | Bloomberg | Getty Images The union that represents flight attendants at Spirit Airlines and Frontier Airlines on Tuesday backed the carriers’ planned merger, clearing a labor hurdle among the biggest worker groups at the airlines. …

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Business

U.S. traffic deaths hit 16-year high in 2021, DOT says

By The Texas Chronicle
5 days ago
in :  Business
0
5

Investigators look over the scene of a crash between an SUV and a semi-truck full of gravel near Holtville, California on March 2, 2021. Patrick T. Fallon | AFP | Getty Images More people died on U.S. roadways last year than any year since 2005, according to new data released Tuesday by federal vehicle safety officials. The National Highway Traffic …

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