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Hyundai & Grab Want To Accelerate EV Adoption In Southeast Asia

CleanTechnica EVs

Hyundai and Grab, which provides taxis and rental cars in markets in Southeast Asia, are in the mood to electrify. The two companies plan to also push battery-as-a-service and EV financing forward. Although operational costs of […]. But that’s not all!

Asia 141
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Following the Money in the Air-Taxi Craze

Cars That Think

Having raked in perhaps 30 percent of all the money invested in electrically-powered vertical takeoff and landing (eVTOL) aircraft so far, Joby is the colossus in an emerging class of startups working on these radical, battery-powered commercial flyers. Laurie Garrow, Georgia Tech And somehow, the cost would be no greater, either.

Taxi 98
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MEG expanding heavy-duty electric truck efforts; succsessful testing of mine vehicle

Green Car Congress

In addition to the environmental considerations, heavy-duty electric trucks offer additional benefits such as reduced cost of ownership, as well as labor cost savings and increased safety by providing autonomous piloting in closed working environments.

Vehicles 170
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Ampersand Secures $9 Million Debt Facility From US International DFC To Scale Operations

CleanTechnica EVs

A number of startups focused on electrifying the motorcycle and motorcycle taxi (boda-boda) market have now entered the boda-boda space in Kenya, Uganda, and Rwanda. They have adopted several models, including battery leasing and swapping services, hoping to entice boda-boda operators with the lower opex costs of electric motorcycles.

Rwanda 117
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Asian Development Bank providing $300M towards replacing 100K gasoline trikes with E-Trikes in the Philippines; $300M for major road upgrades in Chhattisgarh, India

Green Car Congress

million gas-fueled motorcycles and tricycles are currently operating in the Philippines, typically serving as short-distance taxis, with the average tricycle driver earning less than $10 a day. E-Trike drivers will save upwards of $5 a day in fuel costs, and the new E-Trikes have the capacity to carry more passengers. million.

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India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

Earlier in 2019, the study showed that in 2019, electric vehicles powered by batteries were not yet cost competitive when compared to gasoline, diesel, or compressed natural gas (CNG) vehicles. The analysis is done in 3 steps: Step one-Analysis of Total Cost of Ownership (TCO) 2020. FAME India Scheme.

Fleet 52
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World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives

Green Car Congress

A newly released report financed by the World Bank and prepared by consultancy PRTM analyzes China’s New Energy Vehicles Program, as well as the Ten Cities, Thousand Vehicles Program, in the context of these megatrends and concludes that the overall value chain shift could favor China from both a technological and supply chain perspective.

China 199