P ublic transportation fares for metro, bus, taxi and minibus will see a 25% rise in the next Iranian year (starting March 20), as per the approval of Tehran City Council on Tuesday.

“Based on the council’s decision, intra-urban single-ride tickets now priced at 12,000 rials [7.8 cents] will increase by 3,000 rials [about 2 cents] to 15,000 rials [9.8 cents] next year,” Mohammad Alikhani, a city councilor, was quoted as saying"...

FLIR Systems, Inc. (NASDAQ: FLIR) announced that the United States (U.S.) Air Force has ordered more than 180 of the company’s Centaur™ unmanned ground vehicles (UGV), plus spares. The $23 million contract is sourced through the Dept. of Defense Man Transportable Robotic System Increment II (MTRS Inc II) program.

In 2017, the U.S. Army chose FLIR Systems’ legacy business, Endeavor Robotics, as its medium-sized robot provider for"...

T ruth be told, most big companies, banks, state and government organizations are prone to corruption, mismanagement, larceny, fraud and waste.

But a time comes when some no-nonsense folks start looking beyond vested interests and ask where the line of responsibility and penalty must be drawn.

The sheer lack of accountability and travesty of justice in the business arena"...

Velodyne Lidar, Inc. today announced a sales agreement with Idriverplus to provide Puck™ sensors over three years. Idriverplus will use Velodyne lidar sensors in mass production of its commercial autonomous vehicles, including street cleaners, passenger cars and logistics vehicles. This year, Idriverplus plans to place into commercial operation in China thousands of units of its unmanned, electric street cleaning vehicles, called WOXIAOBAI, with each vehicle equipped with two Puck sensors to ensure security and perception. Idriverplus vehicles are being used to clean and disinfect hospital areas as part of efforts to combat the coronavirus epidemic in China. Idriverplus is also developing two autonomous car solutions; an SAE Level 4 vehicle designed to drive in closed parks and some public roads, and an advanced driver assistance system (ADAS) for automatic parking (AVP) and highway follow-up (HWP). The company’s WOBIDA product applies self-driving technology to the logistics industry, providing a safer and better last mile delivery experience. Idriverplus......

M arred with mismanagement amid an economic crisis, Iran’s auto industry is saddled with a massive debt, the head of a local guild of auto parts makers said.

Arash Mohebbinejad also told IRNA, “Iranian carmakers owe local parts manufacturers 310 trillion rials.”

Calculated on the open market forex rate of $1 to 157,000 rials on Wednesday, 310 trillion"...

TEHRAN- During a ceremony on Wednesday, three Iranian-made cars were unveiled in the presence of President Hassan Rouhani, IRNA reported.

The ceremony, which was held after a cabinet meeting, was also participated by First Vice President Es’haq Jahangiri and Industry, Mining and Trade Minister Reza Rahmani.

Speaking to media on the sidelines of the ceremony, Rahmani"...

M ack trucks of 1967 are still rolling on Iranian roads.

Transport trucks that should have been sent to the scrapyard years ago still fetch an exorbitant price.

Iran Road Maintenance and Transportation Organization, the body in charge of heavy vehicles used for goods transportation, said an estimated 10,000 heavy-duty vehicles aged 45 years and above were rumbling along"...

TEHRAN – Deputy Director of National Iranian Oil Products Distribution Company (NIOPDC) says 36,000 vehicles of the country’s public transportation fleet are planned to become dual-fuel by the end of the current Iranian calendar year (March 19).

According to Hamid Ghasemi, the mentioned vehicles will be converted as part of a government program for converting over 1.46 million public vehicles into dual-fuel ones within the next 15 months,"...

M ajor Iranian automaker SAIPA forged an agreement with MAPNA Group this week to develop and commercialize electric vehicles in the hope of reducing fossil fuel consumption and curbing air pollution in megacities.

Abbas Aliabadi, the managing director of MAPNA, and Seyyed Javad Soleimani, CEO of SAIPA, signed an ambitious deal on Wednesday for designing and manufacturing parts, making prototypes, conducting tests and commercializing electric vehicles,"...