Page 44 - Future Mobility News Today

Airspace Experience Technologies revealed a prototype of the battery-powered electric vertical takeoff and landing vehicle at the Detroit auto show.

Host Grant Harrell welcomed Charlie Tyson to the show, a Technology Activation Manager under the Michigan Economic Development Corporation.

Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies.

The electric vehicle industry expansion in the United States could face challenges in the form of domestic raw material supply, a key requirement of the new tax credits laid out in the Inflation Reduction Act, reported Yahoo Finance.

Officials say the Detroit Regional Partnership Foundation and partners will receive a $52.2 million federal grant to advance Michigan's mobility innovation in the automotive industry.

Six projects will be funded by the grant which is designed to accelerate economic growth and focus on the transition to electric, autonomous vehicles.

Economic development projects in Michigan ranging from site construction readiness to acceleration of mobility startups have won a piece of a $52.2 million grant announced Friday.The funds are being awarded by the U.S. Economic Development Administration's Build Back Better Regional Challenge,…

The passage of the Inflation Reduction Act and its signing into law on August 16, 2022 brings about a host of changes related to taxation.

Rivian, the electric vehicle start-up that had a blockbuster IPO in November 2021 by raising $13.7 billion, has found longer-term support in its partnership with Amazon that could provide the buoyancy needed to ride out market volatility, reported CNBC.

Improving aircraft readiness is a top priority for both civilian and military aviation, yet maintenance challenges, supply chain issues and skilled labor gaps are making it difficult to mitigate persistent sustainment risks.