Lev

Veering Toward an Electric Future: San Francisco-Based Company Veer Set to Transform The Light Electric Vehicle Industry With Its Innovative Next-Gen Drivetrains

Retrieved on: 
Tuesday, October 10, 2023

SAN FRANCISCO, Oct. 10, 2023 /PRNewswire/ -- Veer, (https://www.veercycle.com/), a pioneering San Francisco-based company, is driven to revolutionize the eBike and Light Electric Vehicle (LEV) industry with its next-gen drivetrains. Harnessing the strength of carbon fiber drivetrains and innovative drive systems, Veer is striving to replace age-old chain drives and gearbox transmissions, aiming to modernize LEVs as cities race towards electrified transportation.

Key Points: 
  • Fueled by its mission to combat climate change, Veer seeks to accelerate the adoption of LEV usage for local transportation.
  • The company has identified existing challenges with LEVs; they need to have more range, more power, and be more affordable.
  • Veer offers innovative solutions, especially its Shift Drive system, which makes LEVs significantly more affordable and efficient.
  • Veer is also in the process of developing its patented Shift system, a 2-speed shifting mechanism set to redefine LEV efficiency.

Lev Announces the Launch of Lev AI

Retrieved on: 
Tuesday, September 19, 2023

NEW YORK, Sept. 19, 2023 /PRNewswire/ -- Lev, the digital financing platform for commercial real estate, today announced the launch of Lev AI, a powerful set of features which have been rolled out across the company's recently-launched marketplace, Lev Match. While AI has been powering Lev Match's algorithm since launch, these new features will further accelerate and simplify the financing process for borrowers and lenders.

Key Points: 
  • New AI features integrated into Lev Match, the rapidly expanding
    NEW YORK, Sept. 19, 2023 /PRNewswire/ -- Lev, the digital financing platform for commercial real estate, today announced the launch of Lev AI, a powerful set of features which have been rolled out across the company's recently-launched marketplace, Lev Match.
  • While AI has been powering Lev Match's algorithm since launch, these new features will further accelerate and simplify the financing process for borrowers and lenders.
  • Borrowers can now harness Deal Room AI, a first-of-its-kind tool that automates the creation of digital deal materials.
  • At the heart of the Lev platform is Lev Match, the industry's first CRE debt financing marketplace, which uses AI to instantly connect the right lenders with the right borrowers.

Shufersal reports today the financial results for the second quarter and the first half of 2023 and continues the positive trend

Retrieved on: 
Tuesday, August 22, 2023

As of this date, it provides approximately 3,000 deliveries per day

Key Points: 
  • As of this date, it provides approximately 3,000 deliveries per day
    TEL AVIV, Israel, Aug. 22, 2023 /PRNewswire/ -- Shufersal (TASE: SAE), Israel's leading retailer, announced today financial results for the second quarter and the first half of 2023.
  • The group's revenues in the second quarter totaled approximately NIS 3.7 billion, similar to the corresponding quarter last year.
  • The group's revenues in the first half increased by approximately 3.1% and totaled approximately NIS 7.4 billion compared to approximately NIS 7.2 billion in the corresponding period last year.
  • The real estate sector revenues in the second quarter totaled approximately NIS 63 million compared to approximately NIS 49 million in the corresponding quarter last year.

IDTechEx Looks at the Impact of the European Critical Raw Materials Act on Electric Motors

Retrieved on: 
Thursday, July 20, 2023

BOSTON, July 20, 2023 /PRNewswire/ -- The European Commission has proposed the Critical Raw Materials Act to "ensure the EU's access to a secure, diversified, affordable and sustainable supply of critical raw materials".

Key Points: 
  • BOSTON, July 20, 2023 /PRNewswire/ -- The European Commission has proposed the Critical Raw Materials Act to "ensure the EU's access to a secure, diversified, affordable and sustainable supply of critical raw materials".
  • This act could have big implications for various technologies and markets, but one that is growing rapidly with a heavy reliance on critical raw materials is the electric vehicle (EV) market, specifically electric motors.
  • IDTechEx's latest research report on electric motors predicts that yearly demand for rare earth magnets in EV motors will surpass 1 billion kg by 2031.
  • IDTechEx's latest iteration of "Electric Motors for Electric Vehicles 2024-2034" takes a deep dive into motor technology, market adoption, material utilization, and market forecasts.

IDTechEx Looks at the Impact of the European Critical Raw Materials Act on Electric Motors

Retrieved on: 
Thursday, July 20, 2023

BOSTON, July 20, 2023 /PRNewswire/ -- The European Commission has proposed the Critical Raw Materials Act to "ensure the EU's access to a secure, diversified, affordable and sustainable supply of critical raw materials".

Key Points: 
  • BOSTON, July 20, 2023 /PRNewswire/ -- The European Commission has proposed the Critical Raw Materials Act to "ensure the EU's access to a secure, diversified, affordable and sustainable supply of critical raw materials".
  • This act could have big implications for various technologies and markets, but one that is growing rapidly with a heavy reliance on critical raw materials is the electric vehicle (EV) market, specifically electric motors.
  • IDTechEx's latest research report on electric motors predicts that yearly demand for rare earth magnets in EV motors will surpass 1 billion kg by 2031.
  • IDTechEx's latest iteration of "Electric Motors for Electric Vehicles 2024-2034" takes a deep dive into motor technology, market adoption, material utilization, and market forecasts.

Delta-Q Technologies Expands RQ Series with New High-Performance Charger

Retrieved on: 
Monday, June 26, 2023

The latest product is an expansion to the company’s RQ Series of chargers designed to meet the requirements of light electric vehicles (LEVs), outdoor power equipment and industrial pallet trucks.

Key Points: 
  • The latest product is an expansion to the company’s RQ Series of chargers designed to meet the requirements of light electric vehicles (LEVs), outdoor power equipment and industrial pallet trucks.
  • "The RQ700’s simplicity, compact size and ease of on-board integration is a game-changer for high-volume OEMs seeking a cost-effective charging solution."
  • Delta-Q’s RQ Series includes the RQ350 and now the RQ700 .
  • The new solution embodies all core features of the RQ Series of battery chargers.

Lev Announces the Launch of Lev Match

Retrieved on: 
Wednesday, May 10, 2023

NEW YORK, May 10, 2023 /PRNewswire/ -- Lev, the digital transaction platform for commercial real estate, today announced the launch of Lev Match, a groundbreaking new marketplace for debt financing. Lev Match has been designed to remove friction from the financing process and deliver faster, better outcomes for borrowers and lenders.

Key Points: 
  • NEW YORK, May 10, 2023 /PRNewswire/ -- Lev, the digital transaction platform for commercial real estate, today announced the launch of Lev Match, a groundbreaking new marketplace for debt financing.
  • Lev Match has been designed to remove friction from the financing process and deliver faster, better outcomes for borrowers and lenders.
  • For borrowers, Lev Match provides instant access to lending programs from thousands of national and regional lenders.
  • At the heart of the Lev platform is Lev Match, the industry's first CRE debt financing marketplace, which uses AI to instantly connect the right lenders with the right borrowers.

Shufersal Group reports today on the financial results of the year 2022 and of the fourth quarter of this year

Retrieved on: 
Tuesday, March 21, 2023

Revenues in the fourth quarter totalled approximately NIS 3.65 billion, an increase of approximately 1% compared to approximately NIS 3.61 billion in the corresponding quarter last year.

Key Points: 
  • Revenues in the fourth quarter totalled approximately NIS 3.65 billion, an increase of approximately 1% compared to approximately NIS 3.61 billion in the corresponding quarter last year.
  • TEL AVIV, Israel, March 21, 2023 /PRNewswire/ -- Shufersal (TASE: SAE), Israel's leading retailer, announced today financial results for the fourth quarter and full year 2022.
  • - The group's revenues in the fourth quarter totalled approximately NIS 3.65 billion, which is an increase of approximately 1% (approximately NIS 36 million) compared to approximately NIS 3.61 billion in the corresponding quarter last year.
  • - Revenues from the Be sector totalled approximately NIS 255 million in the fourth quarter compared to approximately NIS 256 million in the corresponding quarter last year.

Light Electric Vehicles (LEVs) Global Market Report 2022: Advancements in Battery Technologies to Fuel Sector

Retrieved on: 
Thursday, December 1, 2022

The light electric vehicle market is projected to grow from USD 78.5 billion in 2022 to USD 122.7 billion by 2027, registering a CAGR of 9.4%.

Key Points: 
  • The light electric vehicle market is projected to grow from USD 78.5 billion in 2022 to USD 122.7 billion by 2027, registering a CAGR of 9.4%.
  • The growth of battery and motor technology and government efforts to reduce emissions in urban areas has increased the demand for LEVs vehicles over the years.
  • The increasing price of petroleum products is the primary factor driving the Light electric vehicle market for personal and commercial use.
  • As a result, electric two-wheelers last longer and reduce the environmental impact compared to fuel-powered vehicles.

Light Electric Vehicles (LEVs) Global Market Report 2022: Decreasing Prices of Components Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Friday, November 25, 2022

The light electric vehicle market is projected to grow from USD 78.5 billion in 2022 to USD 122.7 billion by 2027, registering a CAGR of 9.4%.

Key Points: 
  • The light electric vehicle market is projected to grow from USD 78.5 billion in 2022 to USD 122.7 billion by 2027, registering a CAGR of 9.4%.
  • With the rapid setup of charging stations worldwide, demand for LEVs such as , e-bike, e-scooter, e-motorcycle, and neighbourhood electric vehicle (golf cart/others) has also increased.
  • The increasing price of petroleum products is the primary factor driving the Light electric vehicle market for personal and commercial use.
  • As a result, electric two-wheelers last longer and reduce the environmental impact compared to fuel-powered vehicles.