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Hertz, bp collaborate to accelerate EV charging in North America

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Hertz and bp signed a memorandum of understanding (MOU) for the development of a national network of EV charging stations powered by bp pulse, bp’s global electrification and charging solution brand. The company also is partnering with fleet operators to accelerate the electric transformation of their fleets. Earlier post.).

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EV fleet management startup Zypp eyes USD 40 million from Tribe, others at USD 300-350 million value – ET Auto

Baua Electric

The company – which works with delivery platforms including Amazon, Flipkart, Zomato, Blinkit, Swiggy, Zepto, in addition to bike taxi operators such as Uber and Rapido – has seen its revenue grow nearly three times in FY24 to INR 325 crore. Zypp Electric expects to expand its service to two more cities this year.

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BYD wins order for another 406 electric buses in Bogotá, Colombia

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BYD entered the Colombian market in 2012 and made several milestone achievements: building the first pure electric taxi fleet in South America in 2013, entering the Bogotá BRT system in 2017. Globally, BYD’s green transport offerings have spread to more than 300 cities, operating in more than 50 countries and regions.

Colombia 407
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CoBank report suggests self-driving vehicles could easily overwhelm current data center market

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Holon Investments estimates the global self-driving fleet could reach 400 million by 2035. Extrapolating these numbers implies the annual global datasphere will surge from 64 zettabytes in 2020 to an eye-popping 10,000 to 15,000 zettabytes in 2035—just from self-driving vehicles. 4% of the datasphere would be stored.

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Geely raises $400M via Green Bonds sale to develop and produce TX5 range-extended electric London taxis

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At 31,000 square metres, the Ansty facility will now be 50% larger than originally planned to accommodate the enhanced R&D centre and additional technical facilities alongside the production line to build the new TX5. Joint Global Coordinators included Bank of China, Bank of America Merrill Lynch, Barclays and Société Générale.

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Mobility services infrastructure company Via closes Series E round; valued at $2.25B

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New investors Shell, Macquarie Capital, and Mori Building also participated in the round, as did existing investors Pitango, 83North, Hearst Ventures, Ervington Investments, Planven Ventures, Broadscale Group, and RiverPark Ventures. EXOR is one of Europe’s largest diversified holding companies controlled by the Agnelli family.

Companies 243
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Juniper Research: taxi sector to lead self-driving market to >22M consumer vehicles on the road by 2025

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million in 2025, up significantly from only a few thousands in 2020, resulting in a global installed base of more than 22 million consumer vehicles by 2025. Juniper predicts that city-based taxi services will be one of the key early adopters of driverless vehicles. —James Hodgson, Industry Analyst at ABI Research.

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