Plans

Electric vehicle (EV) charging is big part of Biden infrastructure plans … how EV charging works … companies that are best positioned to win the EV charging race

This week President Biden unveiled a $2 trillion infrastructure bill that focuses on some traditional items, like roads and bridges, but also includes $174 billion to support the transition to electric vehicles (EVs).

EVs have already been a market favorite over the last year, and this development would just add to a snowballing amount of investment.

For example, the bill would include

By Ferdian Syah 2 weeks ago

Automotive News

Xiaomi plans to plow $10 billion into making EVs

Xiaomi Corp. plans to invest about $10 billion over the next decade to manufacture electric cars, embarking on its biggest-ever overhaul to enter China’s booming EV market.

Billionaire co-founder and CEO Lei Jun will lead a new standalone division that will invest an initial 10 billion yuan ($1.5 billion) on smart vehicle manufacturing, the company said in an exchange filing.

The Chinese smartphone maker joins tech giants from Apple Inc. to Huawei Technologies Co. in targeting the vehicle industry, betting future cars will grow increasingly autonomous and connected.

Depending on progress, Xiaomi could end up investing a total 100 billion

By Ferdian Syah 2 weeks ago

Transportation

Carver Aero closes on Advanced Air deal, announces plans for airport | Local Business News

In addition, Advanced Air has 18 hangars, aircraft maintenance and avionics services, computer testing, fuel and line services and offers insurance approved training.

“We are thankful for the welcome from the city of Council Bluffs and the trust of the airport authority to operate the FBO and MRO and to contribute to the growth of the airport and the community,” said Peter Limberger, chairman of Carver Aero and co-founder of CL Enterprises, the family holding company for Carver Aero.

Lisa LaMantia, president of Advanced Air, will continue to manage the

By Ferdian Syah 2 weeks ago

Transportation

Democratic Mayoral Candidates Outline Plans for City’s Waterfront and Waterways

Coastline protections (photo: Michael Appleton/Mayoral Photography Office)

Eight leading Democratic candidates for New York City mayor have shared their visions and strategies for prioritizing the city’s hundreds of miles of coastline as part of their climate change and economic recovery plans and in response to a survey conducted by Waterfront Alliance, a coalition of activists, businesses, and organizations, in partnership with the Rise to Resilience coalition.

The candidates — Eric Adams, Shaun Donovan, Kathryn Garcia, Ray McGuire, Dianne Morales, Scott Stringer, Maya Wiley, and Andrew Yang — committed to various actions and solutions on a range of salient topics, from

By Ferdian Syah 3 weeks ago

Vehicle

India plans to ramp up incentives

She surmises that cream colour seats, a shocking pink exterior coat plus the performance model which can go from 0 to 100 km/h in 3 seconds would be nice and proceeds to make payment using her bitcoin account. The next day, she heads out to Jurong to watch the factory put the final touches on her brand-new ride and proudly drives her car to show off to her friends at Marina Bay Sands.

This may sound a little like fantasy, but it could materialise in the near future.

Last week, it was reported by Reuters that the Indian government is

By Ferdian Syah 3 weeks ago

Automotive News

70% of Travelers Opt for Road Trips as Americans’ Vacation Plans Surpass Pre-Pandemic Levels

CHICAGO, March 25, 2021 /PRNewswire/ — As the pandemic continues, Americans are ready to hit the road for spring break, reports Cars.com^TM (NYSE: CARS), a leading digital automotive marketplace and solutions provider. According to the company’s latest research, 57% of Americans plan to take a trip this spring, up from 32% in 2020 and 54% in 2019. Importantly, 70% of spring breakers are opting to drive to their destinations. A persistent trend since the start of the pandemic, Americans are relying on their cars as a safe form of transportation and a much-needed escape from the confines

By Ferdian Syah 3 weeks ago