Transport infrastructure consists of the fastened installations, together with roads , railways , airways , waterways , canals and pipelines and terminals such as airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (including fueling docks and gas stations ) and seaports Terminals could also […]
billion
Oil Earnings To Fund $20 Billion EVs
Transport infrastructure consists of the mounted installations, including roads , railways , airways , waterways , canals and pipelines and terminals corresponding to airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (together with fueling docks and gasoline stations ) and seaports Terminals may be […]
Formula 1 Reached 1.5 Billion TV Viewers in 2021
Formula 1 has had an incredibly good run lately. From shrinking, aging audiences a decade ago to forecasting a billion fans worldwide in 2022, its recently-released 2021 viewing figures reflect just how far the sport has come. Reporting a total of 1.55 billion viewers across 22 races in 2021 shows […]
Red Bull F1 Just Secured Half a Billion Dollars From Oracle. Here’s What That Means
Red Bull Racing’s “car reveal” today gave Formula One fans about as much to chew on as an all-liquid diet. Analysts have identified the “RB18” we saw today as just a re-skinned show model, and not even one bearing a special testing livery like Red Bull has treated us to […]
Oil Income To Fund $20 Billion EVs
Lots of the adjustments occurring within the automotive market right now, together with tightened credit markets in a capital-intensive trade and elevated authorities involvement are the newest international challenges. Our mission is to allow collaboration throughout the automotive and associated industries and to offer entry to info, schooling and the […]
Stellantis Banking on $22.5 Billion From In-Car Software Purchases by 2030
Stellantis is joining what seems like every other automaker in targeting revenue from software updates and subscription services—in this specific case, the auto group is expecting $22.5 billion by 2030. In-car purchases are key here, and they often make the hardware that’s already in place even more capable. It’s good […]
Rivian IPO Values EV Startup at Massive $77 Billion Figure
As far as electric vehicle startups go, Rivian seems to be having a better time than many. Its vehicles have even been spotted driving around in the real world, which is more than many of its rivals can boast. It’s still early days for the startup, but it’s preparing for […]
Ford’s Biggest Investment Ever Is $11.4 Billion for EV, Battery Plants in the South
On Monday night, Ford announced what it’s touting as its “biggest investment ever”—an $11.4 billion bet on the domestic production of its electric vehicles and the batteries that power them. Together, Ford and its partner in battery production SK Innovation will funnel funds into Tennessee and Kentucky to help favorably […]
Toyota Changes Tune on EVs, Will Spend $13.6 Billion on Batteries by 2030
Despite its early foray into hybrids and usable battery-electric vehicles, Toyota has emerged as an antagonist to EV adoption—it has simply spent too much on hydrogen to let BEVs win without a fight. But as the saying goes, if you can’t beat ’em, join ’em, and Toyota will indeed lean […]
Tesla Posts Record-Breaking $10 Billion Q1 Revenue With Help of EV Credits and Bitcoin
Electric automaker Tesla has hit another milestone in its quest to retaining the crown as the global king of electric vehicles. The company posted its quarterly financials on Monday evening, showcasing record revenue and marking nearly two years of consecutive profits. The masthead of Tesla’s report was surrounding the company’s […]
F1 Finally Embraces Streaming, Looks at 1 Billion Fans in 2022 Thanks to Netflix and Twitch
Formula One’s Drive To Survive series has topped global Netflix viewing and its drivers have accumulated record-breaking Twitch audiences—that’s good news for a sport that’s struggled with declining popularity for years. Autosport reports a new study by statistics body Nielsen that says a new audience is finding F1, and that […]