Urban Mobility
China-based logistics company ZTO Express, backed by Sequoia Capital and Warburg Pincus, has filed for a U.S. initial public offering on the New York Stock Exchange, seeking to raise between US$1.5 billion. ZTO Express would be the first Chinese courier service provider to list in the U.S. Founded in 2002, ZTO Express handled 2.95 billion parcels in 2015 which translates to 14.3%
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The Norwegian Maritime Authority and the Norwegian Coastal Administration have signed an agreement which allows for testing of autonomous ships in the Trondheim fjord. The Trondheim fjord will be the first such designated test area in the world. Announced in March as a follow-up to the Norwegian government’s new National Transport Plan, the fjord offshore Trondheim experiences light vessel
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It’s often said that entrepreneurs just need a great idea. But coming up with an idea is just the beginning of creating something that goes on to become great. The UberPITCH challenge enables anyone who aspires to be the next big sensation in the startup space to try pushing a button and getting a ride with a top Indian investor.
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Mahindra & Mahindra (M&M) today launched the electric version of commercial vehicle Supro priced at 8.45 lakh (commercial van) and Rs 8.75 lakh (passenger van) in Delhi. The prices take into account state subsidies and the incentives under the FAME (Faster Adoption and Manufacturing of Electric Vehicles) India scheme. e-Supro is equipped with a single motor that produces 25 kW of
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Tesla has confirmed work to bring the brand to New Zealand is officially underway — with a ‘store’ and service centre due to open in the second quarter of 2017 according to Trade Me Motors, But the brand will go on sale here in a matter of months — with orders being taken from November, and a spokesperson confirming to
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CASABLANCA, Morocco, October 6, 2016 /PRNewswire/ — Alliance to provide a fleet of 50 electric vehicles to the Conference of Parties COP22 in Marrakech. Fleet dedicated to COP22 to include Renault ZOE, Nissan LEAF and e-NV200. More than 20 accelerated and standard charging stations to be set up in Marrakech. The Renault-Nissan Alliance, world leader in zero-emission mobility,* will provide
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Munich. BMW Lifestyle continues its series of exclusive special edition bikes with a limited edition of its innovative e-Bike: the BMW Cruise e-Bike Protonic Dark Silver. This new edition – limited to 300 units – stands out with an exclusive colour scheme: The Protonic Dark Silver paint finish matches the official colour of the BMW i8 special edition, which has just
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KITCHENER, Ontario–(BUSINESS WIRE)–Clearpath Robotics, a leading provider of self-driving vehicle solutions, announced today the completion of a $30 million (USD) investment led by iNovia Capital with participation from Caterpillar Ventures, GE Ventures, Eclipse Ventures, RRE Ventures and Silicon Valley Bank. Clearpath will use the funding to grow the company’s industrial division, OTTO Motors. Clearpath launched OTTO Motors in 2015 to
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Juno, a startup looking to attract drivers from bigger ride-sharing rivals such as Uber by offering them its own stock, is seeking $50 million in its biggest fundraising round to date, according to a person familiar with the matter. Juno is working with investment bank Mizuho Financial Group to find investors, according to the person, who asked not to be
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AUSTIN, Texas, Oct. 4, 2016 /PRNewswire/ — car2go announced today that the world’s largest one-way carsharing service has crossed the two million global member milestone. car2go N.A. is the largest flexible one-way carsharing service in North America with 800,000 members. The service also boasts more than 1.1 million members across Europe and 100,000 members in Chongqing since car2go launched its
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