The impact of the pandemic on e-commerce is adding to the urgency.Dec 4, 2020 - Economy & Business
The lowering demand is a direct result of the economic shock from the coronavirus pandemic.Oct 6, 2020 - Economy & Business
"Europe and China have woken up to the fact that [the combustion engine] is dead."Sep 25, 2020 - Economy & Business
Musk is embracing many of Ford’s ideas like vertical supply chains and manufacturing efficiencyAug 14, 2020 - Economy & Business
The pandemic and recent protests put a spotlight on transportation inequities, giving urban planners new motivation to get it right.Jun 26, 2020 - Economy & Business
I've spent the past week on a joyride, tooling around town in a crazy-fun, three-wheeled mashup between an electric car and a motorcycle — an "autocycle" if you will — called the Arcimoto FUV.
Why it matters: If this is the future of mobility, sign me up!
The big picture: Arcimoto, based in Eugene, Oregon, wants to lead a shift to sustainable transportation — cleaner, smaller vehicles that help reduce congestion and CO2 emissions.
Details: Like the Polaris Slingshot or CanAm Spyder, Arcimoto's FUV has two wheels in front and one in back.
How it works: The battery sends power to an electric motor on each of the front wheels, providing the instant torque that makes driving it so much fun.
My thought bubble: I work from home and don't really need my car as much as I used to. This seems like a hip and handy alternative for errands around town.
What to watch: The company says it has more than 4,000 "pre-orders" and has delivered 230 to date.
What's next: Arcimoto's goal is to scale production within the next couple of years with help from a loan under the U.S. Department of Energy's Advanced Technology Vehicle Manufacturing program.
With rental cars in short supply, enterprising car owners have amassed their own small fleets of automobiles, renting them out to travelers at a premium.
A snapshot: If you need a car in Boston for a weekend in mid-October, you can rent a Ford Fiesta hatchback from Budget for about $500 — or pay the same for a Maserati Quattroporte from Turo.com, a car-sharing site.
United Airlines said Wednesday that over 97% of its U.S.-based employees are now fully vaccinated against COVID-19, according to a company memo obtained by Axios.
Why it matters: United announced in August that it would require its 67,000 U.S.-based employees to get vaccinated by Sept. 27 or face termination. It's one of several airlines that set vaccine requirements even before President Biden issued his own vaccine mandate for employers with over 100 workers.
The outlook for global automakers and suppliers continues to worsen, amid heightened risk from supply chain disruptions, including the ongoing semiconductor chip shortage.
Driving the news: IHS Markit slashed its forecast for global light-vehicle production in 2021 by 6.2% — about 5 million vehicles. It's cutting even deeper — 9.3% or about 8.45 million vehicles — for 2022.
The Justice Department on Tuesday sued American Airlines and JetBlue to block an "unprecedented series of agreements" that will consolidate the two airlines' operations in Boston and New York City.
Why it matters: The civil antitrust complaint alleges that the planned Northeast Alliance (NEA) "will cause hundreds of millions of dollars in harm to air passengers across the country through higher fares and reduced choice," the DOJ said in a release.
Continued worries about the Delta variant are derailing fall travel plans.
Driving the news: Thanksgiving domestic flight bookings in August were 18% lower this year compared with 2019, according to a new Adobe Digital Economy Index report out Monday morning.
Airbnb CEO Brian Chesky will argue this week that the world is undergoing a "travel revolution," in which some parts of the industry stay shrunk but the sector ultimately comes back "bigger than ever."
Why it matters: Chesky, who faced the abyss when the world shut down last year, foresees a significant shift in how people move around, with more intentional gatherings of family, friends and colleagues — even if routine business travel is never what it once was.
The Nissan Pathfinder has received a welcome makeover for 2022, going from run-of-the-mill crossover to stylish and rugged contender among family-friendly SUVs.
The big picture: It's the latest in a string of attractive models from Nissan, which has been mounting a turnaround effort after abandoning a profit-sapping discount strategy to fuel growth.
What's new: The 2022 Pathfinder was redesigned from the ground up, except for the carry-over V6 engine, which is now paired with a new 9-speed transmission.
I drove the $41,490 Pathfinder SL version with standard front-wheel-drive. (All-wheel drive is optional.)
The interior was spacious and comfortable, with one-touch access to third-row seating and desirable tech features like a 9-inch infotainment screen, Apple CarPlay, a wireless charging pad and a WiFi hotspot.
One cool feature: The hands-on, assisted-driving system (Nissan ProPILOT Assist) is linked to the car's navigation system, which means the Pathfinder knows when a curve or exit is coming up and will automatically slow down.
One annoying feature: The Pathfinder honked six times every time I exited the vehicle. It's Nissan's way of reminding drivers to check the back seat for kids or pets.
The electric Ford F-150 Lightning pickup hasn't even gone on sale yet, but demand is so hot that the company is already expanding production.
Driving the news: The first Lightning prototypes are leaving Ford's Dearborn, Mich., factory for real-world testing, with the truck available to customers next spring.
Electric vehicles might be good for the environment, but they're terrible for state budgets, which depend on fuel taxes to pay for road maintenance. So states like Oregon and Utah are experimenting with new road user fees — known as "vehicle mileage taxes" or VMTs — that reflect changing mobility trends.
Why it matters: By charging drivers for the miles they drive — instead of taxing the gas they use — states can ensure that everyone pays their fair share for public roads. But some drivers might wind up paying more than they do now, and the preliminary technology involved is raising privacy concerns.