A new proposal from two House Democrats could dramatically cut the cost of buying a new e-bike. The E-BIKE Act aims to make e-bikes more accessible and to cut the
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Elon Musk, now the world's richest person, is selling all his possessions so people know he's serious about colonizing Mars
Elon Musk, who on Thursday surpassed Jeff Bezos to become the world's richest person, says he is selling all his possessions. The billionaire wants to have as much capital as
Continue reading »Transit Systems Dodge Worst Cuts for Now With $27 Billion U.S. Aid
The $27 billion cash infusion for U.S. transit agencies that Congress included in year-end legislation will help avoid draconian service cuts but still leaves them facing sharp declines in ridership
Continue reading »For Public Transit, the Stimulus Is a Lifeline — But a Short One
The $900 billion pandemic stimulus package that the U.S. Congress passed on Monday night includes $14 billion of aid for public transit — enough to halt the sweeping service and staffing cuts that several of the nation’s largest
Continue reading »Completely driverless cars are being tested in China for the first time
Alibaba-backed AutoX said this is the first time a "completely autonomous fleet," that has no human drivers or remote operators as a back-up, is on the streets of China. Multiple
Continue reading »How the nation's largest automakers including Ford and GM have been forced to revise their strategies to face a future that wants a new kind of car
Automakers in the US are grappling with two opposing trends: Americans want big cars, while governments in large markets in the US and abroad are ramping up restrictions on tailpipe
Continue reading »New York MTA Warns of 40% Subway Cut, Shedding 9,300 Jobs
New York’s Metropolitan Transportation Authority plans to eliminate 9,367 jobs and drastically cut back subway, bus and train services that are vital to the region’s economy if the federal government
Continue reading »The world's 'best' luxury train is in the UK — and it sells out a year in advance
The U.K. goes back into lockdown this week — but in some cases, it still makes sense to plan for when restrictions go away. One British luxury train, in particular,
Continue reading »Ford's Q3 vehicle sales outperform industry as demand recovers from coronavirus lockdowns
Sales of F-Series pickups and SUVs helped Fordoutperform its Detroit crosstown rivals as well as the broader auto industry in the third quarter. Ford on Friday reported its vehicle sales
Continue reading »UK start-up Cazoo doubles valuation to $2.6 billion as car sales shift online amid pandemic
Founded in 2018 by Zoopla creator Alex Chesterman, Cazoo aims to fill an eBay-shapedgap in the automotive industry. It'snow worth more than twice the $1 billion it was valued at
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