[ad_1] The 2023 Lincoln Corsair will offer the company’s next-generation ActiveGlide hands-free advanced driver assistance system (ADAS) for highway driving including lane-changing, in-lane positioning and predictive speed assist. Lincoln DETROIT – Letting go is hard. Even if major automakers want to make it easier. Car companies are rapidly expanding technologies …
Read More »Auto execs less confident in EV adoption amid economic fears: KPMG
[ad_1] A NYC charging station seen in the Yorkville neighborhood of New York City. Adam Jeffery | CNBC DETROIT — Global automotive executives are less confident about the rate of adoption of electric vehicles than they were a year ago amid supply chain problems and rising economic concerns, according to …
Read More »FedEx (FDX) earnings Q2 2023
[ad_1] FedEx Cargo Plane Leslie Josephs | CNBC FedEx‘s said Tuesday that its quarterly earnings and sales fell from a year ago and warned of ongoing weakened demand, but said its “aggressive” cost-cutting measures were softening the blow. The package delivery giant posted sales of $22.8 billion in the three …
Read More »Porsche starts production of e-fuel that could provide gas alternative
[ad_1] Barbara Frenkel, member of the executive board for procurement at Porsche, (left) and Michael Steiner, member of the executive board for development and research fuel a 911 with e-fuel at a pilot plant, Punta Arenas, Chile. Porsche AG Porsche and several partners have started production of a climate neutral …
Read More »Biden unveils stricter emissions rules for heavy-duty trucks
[ad_1] EPA Administrator Michael Regan gives remarks at an event on new national clean air standards for heavy-duty trucks near the U.S. Environmental Protection Agency Headquarters on December 20, 2022 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images The Biden administration on Tuesday announced stricter standards …
Read More »JFK taxi dispatch system hacked, New York men arrested for conspiracy
[ad_1] Arriving passengers line up to get taxi outside of Terminal 4 at the JFK airport in New York. Jewel Samad | AFP | Getty Images Two New York men were arrested for conspiring with Russian nationals to hack the taxi dispatch system at John F. Kennedy International Airport so …
Read More »Postal Service to buy 66,000 electric vehicles to transform fleet
[ad_1] Three United States Postal Service (USPS) mail trucks are parked in front of the post office in Danville. On July 20, the USPS announced that at least 40 percent of its Next Generation Delivery Vehicles (NGDVs) and commercial off-the-street (COTS) vehicles will be battery electric vehicles. Paul Weaver | …
Read More »Treasury delays electric vehicle tax credit guidance until March
[ad_1] UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet The Treasury Department is delaying plans to issue proposed guidance for the sourcing of electric …
Read More »Lucid raises $1.5 billion from Saudi public wealth fund, others
[ad_1] Lucid Motors CEO Peter Rawlinson claps after ringing the opening bell at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, July 26, 2021. Andrew Kelly | Reuters Electric …
Read More »American Airlines is dropping regional carrier Mesa, citing financial and operational problems
[ad_1] American Eagle Bombardier CRJ-900ER aircraft seen at Phoenix Sky Harbor International Airport. Alex Tai | SOPA | Getty Images American Airlines is dropping Mesa Air, citing concerns about its partner’s financial and operational problems, an enormous blow to the regional airline that was struggling with increasing costs and the industry’s pilot …
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