Tag Archives: electric vehicles

Norwegian Spotify for electric cars imove.eco launches the first electric car subscription service in the Netherlands

co-founders of imove, Gunnar Birkenfeldt and Hans Kristian Aas | Image credit: imove Norwegian mobility technology company, imove.eco, announced today that it has launched the first electric car (EV) subscription service in the Netherlands. Subscription terms are flexible and stress-free. Everything is included except the charge. This news follows the …

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The week’s news offers a window into the state’s economic future

Three separate announcements last week all underscored the potential future of Arkansas’ economic development and growth. Tied together, the three initiatives highlight a progressive approach to the future of moving goods and equipment around the world that could bring jobs and investment to Arkansas. First, on Tuesday morning, electric vehicle …

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Reliance invests $40 million in Altigreen with 4 venture capital funds

Reliance Industries Ltd (RIL) subsidiary Reliance New Energy Ltd and Sixth Sense Ventures have invested $40 million in electric vehicle maker Altigreen. This investment is in line with Reliance’s strategic intent to collaborate with innovative companies in the new energy and new mobility ecosystem. The Series A round also saw …

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The 2022 Washington, DC Auto Show celebrated its future of mobility

WASHINGTON, February 4, 2022 /PRNewswire/ — The washington d.c. The Auto Show opened its doors to showcase all that the automotive and mobility industry has to offer. From new models to the latest in e-mobility, exotic speedboats and vintage cars, the 10-day event was an exciting experience for everyone. It …

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“Demand in commercial EV space is immense due to e-commerce”: EVage Founder

NEW DELHI: US-based venture capital firm RedBlue Capital has invested $28 million in EVage, the all-electric utility vehicle maker in India that supplies electric trucks to major delivery fleets, such as the delivery service partner of Amazon India. This is one of the largest seed rounds for an Indian start-up …

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Reduced carbon emissions, new waste and energy charges and more ‘clean energy’ public transport included in the government’s 2021-2025 environmental protection plan

Carbon emission reductions, new energy and waste charges and a big increase in the number of sustainable energy vehicles are proposed in the five-year Macao SAR environmental protection plan for 2021-2025 published today (Wednesday) by the Environmental Protection Bureau (DSPA). Macao SAR’s second five-year economic and social development plan for …

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How Delhi is becoming a flagship city for electric mobility in India

The arrival of winter in Delhi coincides with the deterioration of air quality. Along with other problems of stubble burning and cracker pollution comes the major problem of air pollution. A 2018 study by the Automotive Research Association of India (ARAI) and the Energy and Resources Institute (TERI) estimated that …

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Vancouver city council to decide road tolls after October election

Vancouver City Council’s key decision on whether to move forward with advanced planning for transportation pricing – such as road tolls – in downtown Vancouver will be made in 2023. A recent internal memo from city staff indicates that city council will make the decision to go ahead and refine …

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Rideshare startup S’pore RushOwl raises S $ 650,000 seed funding

Singapore-based smart mobility start-up RushOwl announced yesterday (December 27) that it has closed its seed funding round at S $ 650,000, which has been more than three times oversubscribed from its planned increase amount. The cycle saw the participation of Seeds Capital, the investment arm of Enterprise Singapore, Silicon Solution …

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Jharkhand will have an electric vehicle policy by ’26 | Ranchi News

Ranchi: In a major push for clean mobility and to control automobile emissions, the state government is poised to phase out a large portion of vehicles that run on traditional fuels. To achieve this, the state transport department is developing a policy that will encourage the purchase of electric vehicles …

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REE automotive stock: a modular electric vehicle platform

Readers have directed us to the assessment of the massive traffic jam of eelectric vvehicle (VE) listed companies, mainly through mergers with sspecial pgoal thatordered vscompanies (After-sales services). We issued a warning last year about the wisdom of investing in electric vehicles, as well as the peculiar dangers inherent in …

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$ 100 billion wave of electric vehicle IPOs to hit market by 2023, bank predicts

Investors’ favorites Electric vehicle makers have become investor darlings over the past year, and their actions have staged impressive rallies amid bets on the growing demand for cleaner cars. Industry leader Tesla has nearly doubled in value over the past year and billions have been raised through IPOs and sales …

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TN government signs 59 memoranda of understanding for projects worth Rs 35,208 crore, Energy News, ET EnergyWorld

Coimbatore: The government of Tamil Nadu on Tuesday signed 59 memoranda of understanding for projects worth Rs 35,208 crore in various sectors, including aerospace and defense, which are expected to create employment opportunities for 76 795 people. A total of 82 initiatives, comprising 59 memoranda of understanding and 13 other …

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Broadleaf Selected for Digital Transformation Projects in Asia (ADX) – Manila Newsletter

broadleaf Broadleaf Co., Ltd. (Headquarters: Shinagawa City, Tokyo; Representative Director and Chairman: Kenji Oyama; hereafter “Broadleaf”), an IT developer and service provider focused on the automotive aftermarket industry, has announced that its proposal is ‘called: “Pilot Project for an Intelligent Mobility Platform in the Philippines”, was selected by the Japan …

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Ford and Ford Credit present sustainable financing framework prioritizing electric vehicles, clean production and community investments

DEARBORN, Michigan – (COMMERCIAL THREAD) – Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, today unveiled the first sustainable financing framework for the automotive industry in North America, focusing on and funding ambitious plans in the ‘electrification of vehicles and other environmental and social fields. Separately, Ford …

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Tata Motors, parent company of JLR, posts massive second quarter loss

Auto giant Tata Motors on Monday reported a massive loss for the quarter through September as rising raw material costs, rising spending and falling overseas sales eclipsed revenue growth. Tata Group’s consolidated net loss for the three months to September 30 was INR 44.41 billion, compared to a loss of …

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Portuguese City Advances Mobility Ecosystem With Transportation App

The city of Cascais, one of the fastest growing cities in Portugal, has integrated Ubirider’s Pick platform into the city’s mobility app, MobiCascais, to provide enhanced services and improved mobility to the city’s 214,000 inhabitants. In a separate announcement, Fertagus, a suburban rail operator connecting the Portuguese capital of Lisbon …

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Funding and acquisitions in Indian startups this week (18 Oct-23 Oct)

This week, 31 Indian startups raised funds, of which 29 received a total of $ 790 million. PharmEasy raised the highest funding of around $ 350 million, followed by CRED which raised $ 251 million. Meanwhile, funding for two of the total funded startups has not been disclosed. Below is …

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Swedish EV unit in Evergrande in talks to sell, CEO says

STOCKHOLM, Oct. 15 (Reuters) – The Swedish electric vehicle unit of China Evergrande Group (3333.HK) is in talks with venture capital firms and US and European industrial partners to find new owners, said its supreme leader, as its Chinese parent company battles default on more than $ 300 billion in …

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BYD and Levo Mobility join forces to electrify US fleets

Multinational electric vehicle maker BYD and mobility solutions company Levo Mobility are working together to deploy battery electric vehicles (BEVs) for fleets in the United States. The collaboration involves the use of Vehicle-to-grid (V2G) technology from Nuvye and capital from investment firms Stonepeak and Evolve, all of which have a …

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Queen Gambit Growth Capital: Swvl unveils its ESG strategy “Right to mobility” and launches new sustainable development initiatives

DUBAI, United Arab Emirates, September 29, 2021 / PRNewswire / – Swvl Inc. (“Swvl” or the “Company”), a DubaiA provider of technology-based transformative transit and shared mobility solutions, today announced the release of its first annual environmental, social and governance (“ESG”) report. The report highlights Swvl’s continued commitment to empowering …

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Maharashtra invests Rs 2,823 cr for vehicle manufacturing plant under EV policy

The installation of Maha mfg under the EV policy will generate 1,250 jobs Highlights Maharashtra government signed memorandum of understanding with Causis E-Mobility on Friday Talegaon plant to produce electric three-wheelers for last mile delivery and passenger transport The investment will generate 1,250 job opportunities in the state Bombay: The …

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Faraday Future further prepares and validates manufacturing equipment for Hanford plant installation

LOS ANGELES–(COMMERCIAL THREAD) – Faraday Future Intelligent Electric Inc. (“FF”) (NASDAQ: FFIE), a California-based global shared intelligent mobility ecosystem company, today unveiled an overview of a milestone in the implementation of its manufacturing process for the FF 91. The new video highlights the Gonzalez group preparing and testing equipment for …

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“Capital intensive” CNG to HCNG model; Delhi government unlikely to expand pilot, Auto News, ET Auto

The city government had started a six-month trial of hydrogen-enriched compressed natural gas (HCNG) in a fleet of 50 cluster buses with the inauguration of the first semi-commercial HCNG plant and distribution station for the India at Rajghat depot here. Almost a year after Delhi began a test of 50 …

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TotalEnergies partners with China Three Gorges Corporation to develop more than 11,000 high-power charging stations for electric vehicles in Wuhan and Hubei province

PARIS & WUHAN, China, September 28, 2021– (BUSINESS WIRE) – Regulatory news: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210928005457/en/ TotalEnergies (Paris: TTE) (LSE: TTE) (NYSE: TTE) and China Three Gorges Corporation (CTG, through its two subsidiaries CTG Capital and CTG Electric Energy) have signed an agreement …

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IDEX), subsidiaries are expected to present solutions at the upcoming Sustainable Fleet Technologies conference

Ideanomics (NASDAQ: IDEX), a global company focused on commercial electric vehicle adoption and associated energy consumption, will participate in the month-long all-virtual Sustainable Fleet Technology (“SFT”) conference. The conference is designed to showcase the ‘latest and greatest’ in sustainable fleet technology, operations and implementation. The conference takes place twice a …

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Analysts see a rise in stocks like Netflix and Tesla

Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany on August 13, 2021. Patrick Pleul | Reuters Although the market has been volatile, analysts are spotting upside opportunities among some companies. Tipranks is able to reduce market noise by aggregating …

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Exro: an opportunity in electrified mobility

“We want to be the agnostic arms dealer in the fiber optic industry” – Kevin Kalkhoven from Uniphase to David Schneider in 1996 Get the complete Ray Dalio series in PDF Get the entire 10-part series on Ray Dalio as a PDF. Save it to your desktop, read it on …

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Ideanomics to make keynote presentation at 2021 MOVE America

NEW YORK, September 21, 2021 / PRNewswire / – Ideal (NASDAQ: IDEX) today announced its participation and exposure to MOVE America, a showcase event for discussions and urban mobility solutions, held September 28-30, in Austin, Texas at the Palmer Events Center. CEO of WAVE Aaron Gillmore will give an introductory …

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Be there in the blink of an eye: 10-minute delivery convenience to sweep GCC on electric scooters – Middle East & Gulf News

An AMEinfo exclusivity This FENIX has risen up and is ready to multiply from its home in Abu Dhabi to the GCC neighborhoods, armed with e-mobility vehicles, scooters for now and millions of dollars in venture capital to keep a promise. of 10 minutes. After operating the largest fleet of …

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FTE Summit kicks off the decade of Mykonos

ZURICH and Athens, Greece, September 17, 2021 / PRNewswire / – VIVA Investment Partners AG Announces its 12e Annual Follow The Entrepreneur (FTE) Investor Summit – FTE Mykonos 2021 – at the Royal Myconian Hotel which will start on 1st from October to 5e October – https://globalftenetwork.com VIP thinks Greece …

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Tesla catches up with China Dynamics in electric bus industry

EQS-News / 09/14/2021 / 10:28 UTC + 8 In early October 2020, Elon Musk mentioned a potential Tesla electric bus in a new tweet which he then deleted – sparking discussions about the possibility of a new Tesla vehicle. While controversy persists, the existence of the Tesla electric bus is …

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German robotaxi startup sees remote pilots as a shortcut to autonomy

Deploying large fleets of robotaxis has been much more difficult than Tesla, Alphabet’s Waymo and others thought. A European startup is now offering an intermediate step towards total autonomy: telecontrol. Germany’s Vay, who has quietly tested a fleet of remote-controlled electric vehicles across Berlin, plans to roll out a mobility …

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Foley Weekly Automotive Report – July – 2 | Foley & Lardner srl

This report helps automotive suppliers inform their legal and operational decisions to help them overcome challenges and seize opportunities. Key developments Production downtime in July and August has been scheduled for five GM plants and four Stellantis plants in North America due to the shortage of chips. DG will eliminate …

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Veo Raises $ 16 Million in Funding to Expand in the United States, Paving the Way for Profitable and Sustainable Micromobility | New

[ad_1] CHICAGO, July 13, 2021 / PRNewswire / – Veo, the leading profitable micromobility company, today announced the closing of a $ 16 million Series A fundraising round led by Autotech Ventures, with participation from UP.Partners, FJ Labs and Interplay Ventures. Veo will use the funds to expand its footprint …

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Polar Capital to launch Clean Energy and Clean Mobility funds in Q4

[ad_1] Scheduled to be launched in the fourth quarter of 2021, the clean energy fund will target “the entire renewable energy sector,” said Gavin Rochussen, chief executive of Polar Capital. Investment week, while the clean mobility fund will integrate electric vehicles and their networks, transport and “everything related to mobility …

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Renault expands mobility services as COVID restrictions ease

[ad_1] PARIS – Renault Group announces that it is expanding its short-term rental program, known as Zity, beyond current operations in Paris and Madrid to capture an expected boom in vehicle rentals amid pandemic restrictions relax. “It is restarting very, very well,” Clotilde Delbos, deputy managing director of the Renault …

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The state of the autonomous vehicle industry in 2021

[ad_1] This article was written by Marc Amblard, Founder & CEO, Orsay Consulting on Urban Mobility Daily, the content site of the Urban Mobility Company, a Paris-based company that advances mobility businesses through physical and virtual events and services. Join their community of more than 10,000 global mobility professionals by …

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SoftBank Tier-Backed Scooter Operator Secures $ 60 Million Funding From Goldman Sachs

[ad_1] Tier, a Berlin-based micro-mobility provider, has secured $ 60 million in asset-backed financing from Goldman Sachs to fuel its expansion in the Middle East and Europe. The credit facility follows a $ 250 million Series C funding round led by SoftBank’s Vision Fund 2 in November, the company said …

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This startup tries to convince customers to give up cars

[ad_1] This is what the Finnish startup MaaS Global Oy has been working on since 2015. The company has developed a mobile application, Whim, which is already in use in several European cities and in Tokyo. In the Finnish capital, 12% of users already say it made them give up …

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The global solid biomass fuels market is estimated to be

[ad_1] SEATTLE, May 28, 2021 (GLOBE NEWSWIRE) – Solid fuels from biomass are a potential alternative to fossil fuels and can be used to generate energy. It is a renewable energy resource that can be derived from carbon waste from animals, humans or industrial activities. Solid fuels from biomass are …

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FM Capital steps up automotive investments with new $ 150m fund – TechCrunch

[ad_1] First Move Capital, the Boulder-based venture capital firm that has invested in the Frontier Auto Group and Vroom used car markets, as well as mobility-as-a-service startup Via, has closed a new fund of $ 150 million that will focus on automobiles and transportation. sectors. Existing strategic investors such as …

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AMPLY Power and Duke Energy Sustainable Solutions Collaborate on Bus Fleet Electrification and Solar-Powered Air Charging

[ad_1] CEO of AMPLY Vic Shao presents the new solution at Greenbiz ‘ VERGE Electrify virtual conference today, Wednesday, May 26, 2021, at 11:30 am PT as part of the innovation showcase. The companies that have collaborated on this offer will then present themselves in a panel on the virtual …

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Wall Street has high expectations for Ford Investor Day

[ad_1] Ford CEO Jim Farley speaks with reporters outside the company’s global headquarters on May 19 in Dearborn, Michigan, following the launch of the F-150 Lightning electric pickup truck. Michael Wayland / CNBC DETROIT – Wall Street has high expectations for Ford Motor’s first investor day under CEO Jim Farley …

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Fisker shareholders (FSR) approve the merger of FS KKR Capital Corp. and FS KKR Capital Corp. II

[ad_1] What’s going on with Fisker? Fisker (FSR) announced that the shareholders of FS KKR Capital Corp and FS KKR Capital Corp. II (FSKR) approved the merger of FSK and FSKR at the special meetings of shareholders of each company held on May 21, 2021. The company’s shares were trading …

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Where will bitcoin prices go?

[ad_1] Where will cryptocurrency prices go next? The past week has been a testing period for cryptocurrencies such as bitcoin. Prices were already swaying earlier this week, after Tesla chief executive Elon Musk, a big advocate for tokens and champion of online market fans, canceled plans to accept bitcoin as …

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Indian electric vehicle start-up Magenta Power raises $ 16 million from Indo-American philanthropist

[ad_1] He added that Pantomath Capital Advisors Private Limited is Magenta’s sole investment banker for the transaction. In 2018, Hindustan Petroleum Corporation Ltd invested in Magenta Power as it plans to enter the electric vehicle charging business in the future. “Magenta provides end-to-end hardware, software, installation, operation and maintenance of …

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Virtuo raises $ 96 million for its simplified version of car rental – TechCrunch

[ad_1] Car ownership has become expensive and untenable in many European cities: between congestion tolls to reduce emissions, parking costs and traffic, many consumers are instead choosing to use public transport, two wheels, taxis or their own legs to get around. To add to this mix for longer journeys, a …

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