It was announced that self-driving cars could contribute £62bn to UK economy by...
Ford and Volkswagen have teamed up to invest billions of dollars in developing electric and automated vehicles.
The National Investment and Infrastructure Fund (NIIF) has signed an agreement with the National Highways Authority of India (NHAI) for financing large road projects.
The Government of India has allocated a total of Rs802.5bn ($11.71bn) to strengthen the country's road infrastructure.
Indian electric vehicle business Ola Electric has raised $250m from Japan’s SoftBank.
Corporation Bank has agreed to sanction a loan of Rs10bn ($144.31m) for the construction of 340km Purvanchal Expressway in the Indian state of Uttar Pradesh (UP).
The Queensland state government in Australia has committed to providing nearly A$200m ($137.42) for completion of the next stages of Gateway Motorway upgrade in Brisbane.
Western Australia has allocated around A$4.2bn in its budget for various road infrastructure and maintenance initiatives, UK car production nearly halved in April as manufacturers reduced operations at factories to prepare for Brexit, according to SMMT data. Roadtraffic-Technology.com wraps up the key news stories from May 2019.
It was announced that self-driving cars could contribute £62bn to UK economy by 2030, Australia revealed plans to invest around $71.16bn on various infrastructure projects over the next decade with a focus on road and rail projects. Roadtraffic-Technology.com wraps up the key news stories from April 2019.
Wills Bros Civil Engineering has secured a £31.5m contract to build Maybole Bypass on the south-west A77 route in Scotland, UK.
The UK Government has agreed to provide nearly £142.5m for the construction of the Western Link road project that is hoped to cut traffic congestion in Cheshire by 30%.