A majority of European citizens would support a ban on short-distance flights to fight climate change, according to a survey the European Investment Bank (EIB) said on Tuesday. Of 28,088 Continue Reading
Airlines detailed the growing impact of the coronavirus by cutting more flights in domestic and international markets, parking planes, freezing hiring and reducing executive pay. American Airlines Group Inc. and Continue Reading
The coronavirus has suddenly and unexpectedly created the biggest challenge for the global airline industry since 9/11. Bookings around the world are falling sharply. U.S. carriers are following Asian and Continue Reading
Until recently European auto executives regarded Tesla with something like bemusement. The electric car upstart from California was burning cash, struggling with production problems, and hedge funds were betting it Continue Reading
China’s Ministry of Industry and Information Technology of China (MIIT) has verified Xpeng’s P7 electric sports sedan’s driving range to be NEDC 706 km (439 miles). It is the longest Continue Reading
General Motors Co. has made close to $50 billion in adjusted net income over the past five years, while Tesla Inc. has lost close to $5 billion. Yet investors believe Elon Musk’s carmaker is the stock Continue Reading
From 2020 through 2025, GM plans to invest more than $20 billion—more than $3 billion annually, on average—toward electric-vehicle programs. And by the middle of the decade, the company aims Continue Reading
Empty jumbo jets arriving at deserted airports. Masked passengers disinfecting their own seats. Stone-faced airline executives huddling with President Trump. With the coronavirus outbreak continuing to spread around the globe, Continue Reading
The coronavirus epidemic could cost passenger airlines up to $113 billion in lost revenue this year, an industry body warned on Thursday, more than three times a projection it made Continue Reading
In Germany, the DeMoBat collaborative project is developing a robot-assisted dismantling factory for traction batteries and electric motors for EVs. These processes would constitute and important element of a resource-efficient Continue Reading
