Author: Sam Allcock

JK Lifting, the North East-based lifting and testing specialist, has invested £150,000 in a new state-of-the-art facility to support its ongoing expansion and increasing client demand. The move to larger premises at Lift Point House on Killingworth’s Camperdown Industrial Estate marks a significant milestone in the company’s growth plans. The investment includes the installation of a new overhead crane with a lifting capacity of up to 10 tonnes, allowing the business to enhance its inspection and compliance operations. This move will enable JK Lifting to better serve its clients across a range of sectors, including offshore, renewables, manufacturing, and construction.…

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Lime, the world’s largest shared electric vehicle company, today reported strong financial and operational results for 2024, underscoring the company’s continued growth and market leadership in the global micromobility sector. Lime’s unaudited financial highlights for 2024 show impressive growth across key metrics. The company recorded gross bookings of $810 million, a 31% increase compared to 2023, and net revenue of $686 million, reflecting a 32% growth year-over-year. Additionally, Lime posted a 49% increase in adjusted EBITDA, reaching more than $140 million compared to $94 million in 2023. The company’s adjusted EBITDA margin expanded by over 200 basis points, reaching more…

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The Hyundai IONIQ 5 N has made a remarkable mark in the world of electric vehicles (EVs), setting a new lap record for EVs at Japan’s famed Tsukuba Circuit. The achievement, made on February 15, saw the IONIQ 5 N TA Spec finish with an impressive lap time of 57.446 seconds during the Attack Tsukuba 2025 motorsport event, smashing the previous electric vehicle record by nearly two seconds. The Tsukuba Circuit, located in Ibaraki Prefecture, is known for its compact and technically demanding layout, making it the perfect testing ground for the performance capabilities of cars. Hyundai’s entry into this…

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Autel Energy Europe recently hosted its highly anticipated Partner Summit 2025 in Paris, a key event that attracted leading industry experts, partners, and clients to discuss the future of electric mobility. The summit showcased the company’s latest innovations in both AC and DC charging solutions, while also marking a significant strategic shift as Autel announced its entry into artificial intelligence (AI) deployment, aiming to enhance its product, solution, and service offerings in the rapidly growing electric mobility sector. The event provided a platform for Autel to display its cutting-edge charging solutions, with a particular focus on the MaxiCharger range. The…

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Global technology leader Infosys has announced a long-term strategic collaboration with Lufthansa Group (LHG) and Lufthansa Systems GmbH (LSY) to boost digital innovation within the aviation industry. The partnership, which aims to accelerate the digital transformation of LHG’s operations, will focus on developing sustainable, AI-driven solutions to enhance safety, efficiency, and customer experience. As part of the agreement, a dedicated Global Capability Center (GCC) will be established in Bengaluru, India. The center will enhance Lufthansa Systems’ software and product development and increase support for the external airline market customers. Leveraging Infosys’s AI-first offering, Infosys Topaz, the center will work on…

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Metro Supply Chain has confirmed the continuation of its successful partnership with Canadian Formula One driver Lance Stroll, as the official marketing partner of the Aston Martin Aramco Formula One™ Team. The partnership, entering its second year, will see the company’s logo prominently featured on Stroll’s newly designed race helmet during select races in the 2025 Formula One® season. The collaboration, which highlights a shared commitment to excellence and performance, reflects both Metro Supply Chain’s leadership in supply chain solutions and Stroll’s pursuit of precision on the racetrack. Both parties believe that success, whether in F1 or supply chain management,…

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The UK government’s proposed ban on new petrol and diesel car sales by 2030 is becoming an increasingly contentious issue as the transition to zero-emission vehicles gathers pace. While the 2030 deadline has been part of the government’s plan since 2020, recent developments, including a shift in political leadership, have led to the postponement of the ban until 2035. However, with a new Labour government now pushing to return to the original 2030 timeline, questions are being raised about whether this target remains realistic. The UK government’s delay in 2023 was met with mixed reactions. Environmental groups such as Greenpeace…

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SBX Cars has completed the sale of an incredibly rare 2019 McLaren Senna XP, a vehicle widely believed to be the first ever McLaren Senna produced. The sale of this ultra-exclusive hypercar highlights the continuing allure of limited-edition, high-performance automobiles among wealthy collectors. The McLaren Senna XP is one of only 10 prototype vehicles produced by the British manufacturer as part of the car’s factory validation process. Its rarity, combined with the fact that it is likely the very first unit to roll off the production line, has cemented its status as a true automotive gem. The car, finished in…

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The JETOUR T1, a striking new SUV designed for urban and off-road adventures, has been awarded the prestigious 2024 Red Dot Design Concept Award. The recognition marks a significant achievement for the Chinese automotive brand, showcasing the T1’s combination of rugged aesthetics and sophisticated functionality. Set to launch in Saudi Arabia on February 19, 2025, the T1 aims to expand JETOUR’s presence in the Middle Eastern market. The T1 is the newest addition to JETOUR’s range of SUVs, designed specifically to bridge the gap between everyday urban driving and off-road exploration. Featuring a bold, boxy design that pays homage to…

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The United Arab Emirates (UAE) has begun an ambitious project aimed at revolutionising urban transportation, with plans for piloted and autonomous air taxis and cargo drones. The project, which involves air corridor mapping and the development of a regulatory framework, is a significant part of the UAE’s broader vision to lead the future of mobility. In collaboration with the General Civil Aviation Authority (GCAA) and the Advanced Technology Research Council (ATRC), the UAE has enlisted the help of two key entities—the Technology Innovation Institute (TII) and ASPIRE—to provide technical expertise and airspace management. This pioneering effort will reshape how people…

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