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Auto and Transport Industry News
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Auto parts maker Holley to go public in $1.5bn merger deal with Empower
US auto parts maker Holley has agreed to merge with Empower, a publicly-traded special purpose acquisition company (SPAC),…
March 14, 2021
Adani Ports to acquire stake in Gangavaram Port for $270m
The Adani Ports and Special Economic Zones (Adani Ports or APSEZ) will acquire the 31.5% stake owned by…
March 4, 2021
Reliance Industries takes majority stake in pod cars developer skyTran
Reliance Industries said that its fully-owned subsidiary Reliance Strategic Business Ventures (RSBVL), has acquired an additional stake in…
March 1, 2021
Mayan Train project : ACCIONA, Grupo Mexico win contract for Section 5
ACCIONA and its partner Grupo México have won a contract worth MX$17.8 billion (€713 million) for the construction…
February 25, 2021
Bharat Forge, Paramount to manufacture Kalyani M4 armoured vehicles in India
Bharat Forge has entered into a partnership with Paramount Group for manufacturing the Kalyani M4 armoured vehicles in…
February 23, 2021
TfNSW to award $1.2bn Country Regional Network contract to UGL
The Transport for New South Wales (TfNSW) has confirmed CIMIC Group company as the successful bidder for the…
February 21, 2021
Cubic Transportation Systems to deliver equipment for NY MTA’s OMNY project
Cubic Transportation Systems (CTS) has won a $39 million worth contract from the New York Metropolitan Transportation Authority…
February 14, 2021
Electric aircraft start-up Archer to go public via $3.8bn merger with Atlas Crest
Archer, an electric aircraft start-up, has agreed to merge with Atlas Crest Investment, a special purpose acquisition company…
February 13, 2021
Self-driving truck technology provider Plus secures $200m in new funding round
Plus (previously Plus.ai), a provider of self-driving truck technology, has raised $200 million round in a new funding…
February 10, 2021
Adani Airport acquires 23.5% stake in Mumbai International Airport for $230m
Adani Airport (AAHL), a fully-owned subsidiary of Adani Enterprises, has acquired a stake of 23.5% in Mumbai International…
February 8, 2021