Latest Business News
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US: DOT Announces $130 Million for Latest Round of SMART Programme
The US Department of Transportation has awarded more than 130 million USD in grants in the latest round of its SMART grants programme.
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UK: National Audit Office Publishes Review on Chargepoint Rollout
The National Audit Office has published a new review concerning the ongoing rollout of electric vehicle chargepoints across the UK.
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UK: Louise Haigh Resigns as Transport Secretary
Louise Haigh, UK Transport Secretary, has announced her resignation from the post following concerns about a past fraud offence.
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UK Projects to Improve Rural Transport
The UK government has awarded 1.2 million GBP to eight projects aimed at improving transport in rural communities.
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Brightline Assigned IATA Designator Code 'BE'
Brightline has announced it has been assigned the designator code 'BE' by the International Air Transport Association (IATA).
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Siemens to Separate Electric Vehicle Charging Division
Siemens has announced it will be separating its electric vehicle charging division from the main company body in order to enable further gro…
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New Transport Secretary Looks to Overhaul UK Transport
Louise Haigh has been appointed the UK's new Transport Secretary, promising to "deliver the biggest overhaul to transport in a generation."
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Bayanat Partners with Oxa for Autonomous Vehicle Solutions for UAE
Bayanat has formed a strategic partnership with Oxa in order to develop and deploy new autonomous vehicle solutions in the UAE.
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New Battery Cell Facility Commissioned in Münster
The Fraunhofer-Gesellschaft has commissioned a new factory dedicated to the research of battery cells in Münster, Germany.
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UK: Government Announces £1.3 Million TRIG Competition
The government has launched a 1.3 million GBP competition to encourage new transport projects in the latest round of the UK's TRIG programme…
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US Invests in Making Transport Infrastructure More Climate Resilient
The Biden-Harris Administration has awarded 830 million USD to make the nation's transport infrastructure more resilient to climate change.
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Voi Closes in on EBITDA Profitability, Cuts 12% of Workforce
Swedish micromobility operator, Voi, has reported a record year in 2023, with the company making steady growth toward its target of EBITDA p…
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US Funding to Help Transit Agencies Recover from Natural Disasters
The US DOT has announced almost 110 million USD in funding to help public transport providers recover from natural disasters.
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TIER and Dott to Form Europe's Largest Micro-Mobility Operator
TIER & Dott have announced they will merge to form Europe's largest micro-mobility operator.
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Micromobility Company Bird Files for Chapter 11 Bankruptcy
Micromobilty company, Bird Global, Inc. has initiated a financial restructuring process and has filed for Chapter 11 bankruptcy.
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US DOT Announces $1.5 Billion in 2024 RAISE Funding
The US Department of Transportation (DOT) has made 1.5 billion USD in RAISE grant funding available for transportation projects.
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UK Government Invests £53 Million in SAF Industry
The UK government is investing 53 million GBP in the sustainable aviation fuel (SAF) industry through its Advanced Fuel Fund.
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Île-de-France Mobilités Partners with the Paris 2024 Olympic Games
Île-de-France Mobilités aims for 100% of spectators to be able to access the Paris 2024 Olympic and Paralympic Games using public transport.…
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World's First 100% SAF Transatlantic Flight to Take-Off in November
Virgin Atlantic and Rolls-Royce have announced that the world’s first 100% SAF transatlantic flight is set to take off on 28 November.
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Neuron Mobility Unveils New N4 E-scooter Model
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Multimodal Transport Network to Be Introduced in North Carolina
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Paris: Autonomous Electric Shuttles to Operate on the River Seine
The City of Paris and RiverCat France have announced that a river transport line using electric shuttles will open on the Seine in 2024.
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£7 Million to Improve UK Freight Industry
The UK government has announced 7 million GBP in funding to decarbonise and improve freight transportation through emerging technologies.
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US DOT Announces $1.5 Billion in 2023 RAISE Grant Funding
The US Department of Transportation has made 1.5 billion USD available in grant funding through the RAISE grant programme for 2023.