Sustainable transport

Global Electric Vehicle Market Could Exceed $800 Billion by 2027

Retrieved on: 
Tuesday, June 23, 2020
NIO, Electric vehicles, Electric vehicle, Sustainable transport, Transport, Green vehicles, Economy of China, Electric vehicle conversion

A research report from Statista projected that between 2019 and 2026, the size of the global electric vehicle market is expected to increase almost five-fold to reach an estimated global market size of $567 billion U.S. dollars by 2026.

Key Points: 
  • A research report from Statista projected that between 2019 and 2026, the size of the global electric vehicle market is expected to increase almost five-fold to reach an estimated global market size of $567 billion U.S. dollars by 2026.
  • Electric vehicles are so popular in Norway in part because of strong incentives put forward by the government, but also because of the availability of charging ports.
  • The widespread availability of charging outlets is paramount in making electric vehicles a viable option for car users."
  • NIO Inc. (NYSE: NIO)a pioneer in China's premium smart electric vehicle market, recently provided its May 2020 delivery results.NIO delivered 3,436 vehicles in May 2020, representing a strong 215.5% growth year over year.

Facedrive to Launch Green Ridesharing Network in Ottawa on Canada Day

Retrieved on: 
Tuesday, June 23, 2020
Automotive, Environment, Transport, Alternative energy, Energy, Alternative Vehicles, Fuels, Other Transport, Ridesharing, Carsharing, Sustainable transport, Facedrive, the City of Ottawa

Facedrive Inc. (Facedrive) (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ridesharing network, is pleased to announce that it will be launching its services in Ottawa, Ontario, on July 1, 2020.

Key Points: 
  • Facedrive Inc. (Facedrive) (TSXV: FD), the first Canadian peer-to-peer, eco-friendly and socially responsible ridesharing network, is pleased to announce that it will be launching its services in Ottawa, Ontario, on July 1, 2020.
  • Newly licenced in Canadas capital, Facedrive is expected to offer its services to Ottawas residents starting on Canada Day, in accordance with its national and global expansion plans.
  • Facedrives environmentally-friendly philosophy of ridesharing allows passengers to request rides in electric, hybrid or gas-powered vehicles through the Facedrive pp.
  • The launch of our rideshare services will be our first step in introducing Ottawa to Facedrives ESG (environmental, social and governance) strategy, with our other verticals such as Facedrive Foods, Facedrive Marketplace and Facedrive Health to launch in Canadas capital in the near future, added Pushparajah.

InventHelp Inventor Develops Convenient and Eco-Friendly Accessory for Bicyclists (CCT-4365)

Retrieved on: 
Monday, June 22, 2020
Sustainable transport, Contents, Sustainable development, Articles, Appropriate technology, Bicycle, Cycling, Invention

The invention provides an effective way to track speed, distance and calories burned while riding a bike.

Key Points: 
  • The invention provides an effective way to track speed, distance and calories burned while riding a bike.
  • As a result, it could enhance entertainment and it could make riding a bicycle more enjoyable.
  • The invention features a versatile and eco-friendly design that is easy to apply and use so it is ideal for bicyclists.
  • The inventor described the invention design.

COVID-19 Impact and Recovery Analysis- Electric Vehicle Motor Market 2020-2024 | Increasing Sales of EVs to Boost Growth | Technavio

Retrieved on: 
Monday, June 22, 2020
Alternative Vehicles, Fuels, Automotive, Electric vehicle, Sustainable transport, Electric vehicle conversion, Transport, Electric vehicles

View the full release here: https://www.businesswire.com/news/home/20200622005463/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200622005463/en/
    Technavio has announced its latest market research report titled Global Electric Vehicle Motor Market 2020-2024 (Graphic: Business Wire)
    Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19.
  • Market estimates include pre- and post-COVID-19 impact on the Electric Vehicle Motor Market Download free sample report
    The market is concentrated, and the degree of concentration will accelerate during the forecast period.
  • Increasing sales of EVs has been instrumental in driving the growth of the market.
  • https://www.technavio.com/report/report/electric-vehicle-motor-market-in...
    Electric Vehicle Motor Market 2020-2024: Segmentation
    Electric Vehicle Motor Market is segmented as below:

Burden of COVID-19 on the Market & Rehabilitation Plan | Automotive Batteries Market 2020-2024 | The Decline in Price of Automotive Batteries for Electric Vehicles to Boost Growth | Technavio

Retrieved on: 
Monday, June 22, 2020
Performance & Special Interest, Automotive, Electric vehicle, Sustainable transport

Technavio has been monitoring the automotive batteries market and it is poised to grow by 29.57 mn units during 2020-2024.

Key Points: 
  • Technavio has been monitoring the automotive batteries market and it is poised to grow by 29.57 mn units during 2020-2024.
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities.
  • The decline in price of automotive batteries for electric vehicles has been instrumental in driving the growth of the market.

Ideanomics MEG Unveils Global Strategy and Expansion of Its Truck Division to Include H2FCVs

Retrieved on: 
Monday, June 22, 2020
Sustainable transport, Transport, Sustainable development, Electric vehicle, Sustainable energy, Sustainable technologies, Electric vehicles, Articles, Electric vehicle industry in India, Electric car

Ideanomics and MEG believe MMW is well-positioned to service a very fragmented market in North America with cost-efficient vehicles and clean energy infrastructure.

Key Points: 
  • Ideanomics and MEG believe MMW is well-positioned to service a very fragmented market in North America with cost-efficient vehicles and clean energy infrastructure.
  • Ideanomics is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and Fintech products.
  • Its electric vehicle division, Mobile Energy Global (MEG) provides group purchasing discounts on commercial electric vehicles, EV batteries and electricity as well as financing and charging solutions.
  • MEG and Ideanomics Capital provide our global customers and partners with better efficiencies and technologies and greater access to global markets.

Arcimoto Begins Renting Pure Electric Deliverator in Los Angeles Using HyreCar

Retrieved on: 
Monday, June 22, 2020
Automotive, Professional services, Supermarket, Small business, Transport, Retail, Alternative Vehicles, Fuels, Logistics, Supply chain management, Environment, Fleet management, Restaurant, Bar, Sustainable transport, Arcimoto, NASDAQ, Ridesharing, Transport, Economy of the United States, Finance, Carsharing, HyreCar, Arcimoto

Arcimoto , Inc. (NASDAQ: FUV) and HyreCar (NASDAQ: HYRE), the carsharing marketplace for ridesharing and delivery, today announced that the Deliverator , Arcimotos ultra-efficient, three-wheel electric vehicle designed for local and last-mile delivery, will be available to rent using the HyreCar platform beginning this summer in Los Angeles.

Key Points: 
  • Arcimoto , Inc. (NASDAQ: FUV) and HyreCar (NASDAQ: HYRE), the carsharing marketplace for ridesharing and delivery, today announced that the Deliverator , Arcimotos ultra-efficient, three-wheel electric vehicle designed for local and last-mile delivery, will be available to rent using the HyreCar platform beginning this summer in Los Angeles.
  • View the full release here: https://www.businesswire.com/news/home/20200622005179/en/
    Arcimoto Begins Renting Pure Electric Deliverator in Los Angeles Using HyreCar (Photo: Business Wire)
    Last month, roughly one-third of Americans ordered groceries online for the first time, and the need for both gig drivers and sustainable delivery vehicles is at an all-time high, said Joe Furnari, HyreCar Chief Executive Officer.
  • Were happy to work with Arcimoto to begin providing access to Deliverator on our platform.
  • We are thrilled to work together with HyreCar to bring the Deliverator to gig drivers for sustainable home delivery, said Mark Frohnmayer, President and Founder of Arcimoto.

CityQ Developing a Car-eBike, Which Makes People Rethink What a Bike Can Be Like

Retrieved on: 
Thursday, June 18, 2020
Sustainable transport, Sustainable development, Contents, Sustainable technologies, Appropriate technology, Bicycles, Electric bicycle, Cycling, Bicycle

CityQ is a front-runner among this new type of ebike the Car-eBikes.

Key Points: 
  • CityQ is a front-runner among this new type of ebike the Car-eBikes.
  • The Scandinavian ebike is developed to make bicycling more comfortable for everyone, even in the winter season and bad weather.
  • "CityQ is an ebike with the comfort and technology of a carand with the benefits of a bicycle.
  • And there is also requests for fleets of CityQ for cargo transport and shared offering.

I-5 Electric Truck Charging Sites Mapped Out by Electric Utilities

Retrieved on: 
Wednesday, June 17, 2020
General Health, Utilities, Fleet management, Alternative energy, Alternative Vehicles, Fuels, Energy, Automotive, State, Local, Environment, Trucking, Transport, Health, Public policy, Government, Transport, Green vehicles, Electric vehicles, Battery electric vehicles, Charging stations, Electric vehicle, Sustainable transport, Electric vehicle conversion, Electric truck, Electric car, Plug-in electric vehicles in the United States

This study comes at a time when we believe major investment in electric vehicle charging infrastructure will help significantly with economic recovery from COVID-19 in our states.

Key Points: 
  • This study comes at a time when we believe major investment in electric vehicle charging infrastructure will help significantly with economic recovery from COVID-19 in our states.
  • The first phase would involve installing 27 charging sites along I-5 at 50-mile intervals for medium-duty electric vehicles, such as delivery vans, by 2025.
  • Then, later, 14 of the 27 charging sites would be expanded to also accommodate charging for electric big rigs by 2030, when it is estimated that 8% of all trucks on the road in California could be electric.
  • The report recommends expanding state, federal or private programs that provide funding for electrification, which could further accelerate electric truck adoption and expand economic opportunities associated with building sites.

Burden of COVID-19 on the Market & Rehabilitation Plan | Electric Vehicle Relays Market 2019-2023 | Increase in Electronics and Safety Requirements In Electric Vehicles to Boost Growth | Technavio

Retrieved on: 
Wednesday, June 17, 2020
Aftermarket, Automotive, Automotive Manufacturing, Other Automotive, Manufacturing, Alternative Vehicles, Fuels, Electric vehicle, Sustainable transport, Relay, Electromagnetism, Transport, Electric vehicle conversion, Electric vehicles, Electric power

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities.
  • The increase in electronics and safety requirements in electric vehicles has been instrumental in driving the growth of the market.
  • https://www.technavio.com/report/report/global-electric-vehicle-relays-m...
    Electric Vehicle Relays Market 2019-2023: Segmentation
    Electric Vehicle Relays Market is segmented as below: