Research by Frost & Sullivan showed that by 2025, at least 15 companies will release their models of private flying cars. Experts also believe that by 2050, the services of commercial transportation of passengers will be popular. Aircraft technologies have been widely developed among large technological corporations. Over the past 4 years, 8 companies have conducted test flights. Not only the largest companies in the world, such as Google, Airbus and Uber, but also start-ups and specialized technology companies invest in the development of this area. It is expected that the major automakers will also connect to the development of their flying cars. The Dutch company PAL-V was the first to sell its models of flying vehicles. This year, it plans to release a premium model - Liberty Pioneer.
Indonesia on Wednesday rolled out a 100 trillion Rupiah ($6.92 billion) loan guarantee scheme for prioritized businesses to keep them afloat as the COVID-19 situation continued to worsen around the world, the country’s finance minister ...
The self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV (FCHA.MI) signed a partnership deal on Wednesday to fully develop self-driving cars, pickups, and SUVs. Waymo, an Alphabet Inc. (GOOGL.O) unit, and Fiat Chrysler said ...
On Friday, Gold Futures contract had dropped by 2.7% which had followed an improved monthly U.S. jobs data release. Global markets had gone risk-on with gold continuing to be a safe-haven asset. Monday last week saw the price going slightly ...
IEA warns oil and gas companies about lax emission policies The International Energy Agency (IEA) on Monday cautioned oil and gas companies that failing to increase investments in low carbon energies may result in them facing backlash that ...
The United States will fund Guatemala’s private sector with $1 billion to stimulate investment and create jobs, said US government agency head. It was announced after Alejandro Giammattei, the new president of Central American country, ...