Fuels

Xos, Inc. Highlights Development of Electric Fleet with Loomis

Retrieved on: 
Thursday, June 24, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210624005936/en/
    For more information on the deployment of Loomis fleet of electric armored vehicles, please watch the following short video .
  • For Loomis, Xos developed Class 6 electric armored vehicles designed to satisfy Loomis security requirements and mission objectives, supported by Xos X-Platform (Xos proprietary, purpose-built vehicle chassis platform).
  • Loomis is a unique customer in that they are a fleet of armored vans that carry cash and other valuables, so strict security requirements are in place.
  • We are excited that Loomis chose Xos to begin to electrify their fleet as it underscores the effectiveness, durability, and reliability of our vehicles.

Global Ethyl Alcohol Market (2021 to 2026) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 24, 2021

Carbon monoxide production from ethanol fuel is significantly lower when compared to gasoline engines.

Key Points: 
  • Carbon monoxide production from ethanol fuel is significantly lower when compared to gasoline engines.
  • Moreover, for the past several years, refiners have been adding ethanol to fuel, as it burns cleaner than pure gas, which helps in cutting the carbon footprint.
  • In Brazil, fuel ethanol consumption is driven largely by an ethanol blending mandate and lower prices relative to gasoline.
  • Growing demand for premium skin care products, along with the need for a better lifestyle, is driving the market for personal care in the country, positively impacting the demand for ethyl alcohol.

Global Ride Sharing Market Report 2021-2026: Leading Providers are Didi Chuxing (China), Uber Technologies, Inc (US), Gett (Israel), Lyft, Inc (US), and Grab (Singapore) - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 24, 2021

The global ride sharing market is projected to grow from USD 85.8 billion in 2021 and reach USD 185.1 billion in 2026, at a CAGR of 16.6%.

Key Points: 
  • The global ride sharing market is projected to grow from USD 85.8 billion in 2021 and reach USD 185.1 billion in 2026, at a CAGR of 16.6%.
  • Additionally, though urbanization would be a key driver for the ride sharing industry, the pandemic's effects would be seen on ride sharing models for the initial period.
  • Didi Chuxing (China), Uber Technologies, Inc (US), Gett (Israel), Lyft, Inc (US), and Grab (Singapore) are the leading providers of ride sharing in the global market.
  • Attractive Opportunities in the Electric Vehicle Ride Sharing Space: Rising Population & Urbanization to Drive the Ride Sharing Market

QuantumScape to Join Russell 3000 Index and Russell 1000 Index

Retrieved on: 
Thursday, June 24, 2021

QuantumScape Corporation (NYSE: QS), a leader in the development of next generation solid-state lithium-metal batteries for use in electric vehicles, today announced that it is set to join the broad-market Russell 3000 Index and Russell 1000 Index at the end of the 2021 Russell indexes annual reconstitution, effective after the U.S. markets open on June 28, 2021.

Key Points: 
  • QuantumScape Corporation (NYSE: QS), a leader in the development of next generation solid-state lithium-metal batteries for use in electric vehicles, today announced that it is set to join the broad-market Russell 3000 Index and Russell 1000 Index at the end of the 2021 Russell indexes annual reconstitution, effective after the U.S. markets open on June 28, 2021.
  • Membership in the U.S. all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index, as well as the appropriate growth and value-style indexes.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.
  • QuantumScape is a leader in developing next generation solid-state lithium-metal batteries for electric vehicles.

OBE Power Partners with Casata in Texas to Provide Smart Community EV Charging

Retrieved on: 
Thursday, June 24, 2021

OBE Power , a leading private network of smart, distributed electric vehicle chargers in Florida, has partnered with Casata to offer Electric Vehicle Charging as a Service (EV CaaS) at their unique micro green living rental communities.

Key Points: 
  • OBE Power , a leading private network of smart, distributed electric vehicle chargers in Florida, has partnered with Casata to offer Electric Vehicle Charging as a Service (EV CaaS) at their unique micro green living rental communities.
  • OBE Powers Electric Vehicle Charging as a Service and digital platform allows Casata to integrate smart community charging into their unique sustainable-forward approach to the micro living experience.
  • Property managers can oversee its administration through OBE Powers user-friendly web portal, as well as track environmental benefits real time.
  • Casata plans to partner with OBE Power at their next planned developments beginning with Casata San Marcos and roll out into other locations over the next two years.

Luminar to be Standardized on Next Generation Electric Volvo

Retrieved on: 
Thursday, June 24, 2021

Volvo Cars aims to reduce fatalities and accidents as a whole with this new safety package.

Key Points: 
  • Volvo Cars aims to reduce fatalities and accidents as a whole with this new safety package.
  • Going from a select highway pilot option to Luminar powering all next generation Volvo flagship cars as standard will kick off this new safety paradigm, serving as the catalyst for what weve been calling Proactive Safety.
  • Volvo thinks life saving technology shouldnt be optional, and we couldnt agree more.
  • It will now define the next level of car safety, said Hkan Samuelsson, chief executive of Volvo Cars.

Skyworks Aeronautics Announces the Order of 100 eGyro™ Electric Aircraft with Options for an Additional 100 by a Consortium of Mint Air and Mobius.energy

Retrieved on: 
Thursday, June 24, 2021

Today, Skyworks Aeronautics (Skyworks) announces the order of 100 eGyro electrically powered vertical take-off and landing (eVTOL) aircraft from a consortium of Mint Air (Mint) and Mobius.energy Corp (Mobius) with options for an additional 100 aircraft.

Key Points: 
  • Today, Skyworks Aeronautics (Skyworks) announces the order of 100 eGyro electrically powered vertical take-off and landing (eVTOL) aircraft from a consortium of Mint Air (Mint) and Mobius.energy Corp (Mobius) with options for an additional 100 aircraft.
  • We are pleased to announce the Skyworks eGyro as the launch UAM platform for Mint Air.
  • The consortium led by Mint Air and Skyworks signed a Letter of Intent (LOI) for exclusive partnership in South Korea.
  • Beginning with air taxi operation, Mint Air aspires to become a global electric aircraft manufacturing company building electric aircraft supply chain, developing critical part manufacturing capability, and eventually assembling eGyro in Korea.

Climate Change Crisis Real Impact I Acquisition Corporation Reminds Stockholders to Vote in Favor of Business Combination with EVgo

Retrieved on: 
Thursday, June 24, 2021

Climate Change Crisis Real Impact I Acquisition Corporation (NYSE: CLII) (CLII), a publicly-traded special purpose acquisition company, reminds its stockholders to vote in favor of the previously announced business combination (the Business Combination) with EVgo Services LLC (EVgo), the nations largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity.

Key Points: 
  • Climate Change Crisis Real Impact I Acquisition Corporation (NYSE: CLII) (CLII), a publicly-traded special purpose acquisition company, reminds its stockholders to vote in favor of the previously announced business combination (the Business Combination) with EVgo Services LLC (EVgo), the nations largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity.
  • Stockholders who owned common stock of CLII as of the close of business on May 19, 2021 (the Record Date), may vote their shares.
  • To vote online, you will need your voting control number, which you can find on your Voting Instruction Form.
  • On January 22, 2021, EVgo announced that it entered into a definitive business combination agreement with CLII (NYSE: CLII).

Gett's B2B Marketplace Upgrades Sustainability Features for Enterprise Clients

Retrieved on: 
Thursday, June 24, 2021

Gett, the leading corporate Ground Transportation Management (GTM) platform and B2B marketplace, today announced it is furthering its efforts to enable its clients to reduce CO2 emissions by delivering sustainable transportation options for its enterprise clients and their employees.

Key Points: 
  • Gett, the leading corporate Ground Transportation Management (GTM) platform and B2B marketplace, today announced it is furthering its efforts to enable its clients to reduce CO2 emissions by delivering sustainable transportation options for its enterprise clients and their employees.
  • Through its existing partnership with EcoAct, Gett helps offset enterprise clients annual CO2 emissions from vehicle rides.
  • Each project aligns to specific Sustainable Development Goals (SDGs) as Gett supports its enterprise clients in achieving a more sustainable future.
  • Dave Waiser, CEO and co-founder of Gett, said: We are delighted to offer more sustainability initiatives at Gett as we strive to reduce CO2 emissions and support our enterprise clients in achieving their sustainability goals.

Electric Last Mile Appoints Jonathan Ballon as Chief Digital Officer

Retrieved on: 
Thursday, June 24, 2021

Electric Last Mile, Inc. (ELMS or the Company) today announced that Jonathan Ballon has joined the Company as its first Chief Digital Officer.

Key Points: 
  • Electric Last Mile, Inc. (ELMS or the Company) today announced that Jonathan Ballon has joined the Company as its first Chief Digital Officer.
  • ELMS also announced that Ballon will lead the establishment of a new ELMS Software & IoT Center of Excellence.
  • Im excited to be joining a company so focused on the customer and pioneering the future of last mile solutions, said Ballon.
  • Earlier, Ballon was Co-Founder, Chief Operating Officer and Chief Strategy Officer of GE Digital, GEs global software and analytics group.