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Auto and Transport Industry News
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Rivian projects higher deliveries in 2025 but faces mounting losses amid expansion
Rivian Automotive, Inc. (NASDAQ: RIVN) has provided its financial and operational guidance for 2025, signaling both growth and…
Textron Aviation expands aircraft service capabilities with new facility at Essendon Fields airport
Textron Aviation is expanding its presence in Australia with the construction of a new aircraft service facility at…
AeroVironment unveils JUMP 20-X, transforming autonomous maritime operations with next-generation capabilities
AeroVironment has introduced the JUMP 20-X, a cutting-edge modular aircraft system designed to redefine autonomous maritime operations. Revealed…
Infomedia acquires 50% of AI startup Intellegam to strengthen automotive data capabilities
Infomedia Ltd has announced a strategic acquisition to expand its automotive AI solutions, acquiring a 50% stake in…
Vinay Pradhan joins Kranti Industries as COO to drive manufacturing innovation
Kranti Industries Limited, a leading automotive component manufacturer, has announced the appointment of Vinay Madhav Pradhan as its…
Georgica Auto Holdings expands Northeast presence with acquisition of Kolb Subaru
Georgica Auto Holdings is reinforcing its position in the automotive retail market with its latest acquisition of Kolb…
flyExclusive to buy Jet.AI’s aviation business in all-stock deal to expand private jet operations
flyExclusive Inc. (NYSE American: FLYX), a leading private aviation provider, has entered a business combination agreement to acquire…
Uno Minda takes full control of UMEV, strengthens position in electric vehicle market
Uno Minda Limited, a leading automotive components manufacturer, has announced a major strategic acquisition to solidify its role…
Cognizant integrates Elektrobit’s SDK into SDV accelerator for OEMs
Cognizant has announced a strategic partnership with Elektrobit, a leading provider of automotive software solutions, to accelerate the…
Aerial taxis in UAE? The next phase of transportation is here
The United Arab Emirates (UAE) is positioning itself as a global leader in urban air mobility, with a…