Latest: Asia Transportation News
Elon Musk has confirmed selling $6.9 billion worth of shares in his car company, saying he is covering the risk that a US court forces him to takeover the social media platform.
The carmaker sold 28,217 Chinese-made vehicles in July – nearly two-thirds less than its sales in June – while its factory in Shanghai was being upgraded to boost its output
The news, announced by Investment Affairs Minister Luhut Pandjaitan on Monday, follows a meeting between Tesla chief Elon Musk and President Joko Widodo in Texas in May
Tech conglomerate says permits to operate driverless robotaxis in Chongqing and Wuhan are a "turning point" in China's policy-making towards autonomous driving
Qantas is seeking 100 managers from its head office to work at Sydney and Melbourne airports. They must be able haul suitcases that weigh as much as 32kg, its COO said
SpaceX will assess if parts of its Dragon capsule landed on farms near Canberra on July 9, while debris from a Chinese rocket may have landed in Southeast Asia just a week ago
Six Russian cargo vessels and at least one oil tanker sanctioned by the US for their history of transporting weapons for Moscow or oil from Iran docked in India over the past month
The Long March 2F rocket was sent into low Earth orbit from the Jiuquan Satellite Launch Center in the Gobi Desert, said the report
Japanese car giant said its operating profit plunged by 42% in the first quarter, after auto production was hit by Covid lockdowns and the global shortage of computer chips
CATL had been in the final stage of choosing between sites in South Carolina and Kentucky for battery production before Pelosi's controversial Taiwan trip
In This Section
AF Transportation Insights
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to Work -
Transport InsightsWhy Private Jet Use is Soaring High in India -
Transport InsightsChina EV Upstart Hozon Auto Stuns Rivals With Sales Surge -
Transport InsightsJetpacks, Flying Cars, Drones: Transport’s Future Is in the Skies
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Electric VehiclesMusk Sells $6.9bn Tesla Shares on Risk of Forced Twitter Deal
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Electric VehiclesTesla Factory Upgrade Slashes Output of China-Made EVs -
Electric VehiclesTesla Signed Deal to Buy Nickel Worth $5bn, Indonesia Says -
China-US Economic TiesChina’s CATL Seen Sticking to US Plan Despite Pelosi Trip
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Transportation:: The Big Picture
Strict Covid-curbs have put 26 million lives on hold in Shanghai - China's most important economic hub. The resulting supply chain disruptions and revenue losses will spell fresh economic trouble for China, and the world.
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Transport InsightsWhy are Indian Electric Vehicles Catching Fire?The reason isn't just rising temperatures or battery quality but a lack of thermal-based safety precautions. The EV batteries are getting heated beyond 100 degrees, experts claim.
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Transport InsightsHere’s Why Tesla’s Shanghai Restart May Not LastTesla employees have returned to work at the giant’s Covid-hit Shanghai plant, and they aim to restart production with 1,000 cars a day after a stoppage of more than three weeks.
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Transport InsightsA Little-Known China EV Maker Eclipses Rivals Nio, TeslaHozon New Energy Automobile, an eight-year-old Zhejiang-based electric vehicle maker, startled industry watchers with growing sales of its affordable, spacious SUVs.
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Transport InsightsChina EV Stocks Are Being Hammered by a Perfect StormSupply-chain disruptions, rocketing inputs costs, and the partial removal of government subsidies for China EV manufacturers have driven a stock market selloff
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