🚋 Mobility Futures #10

HolonIQ's mobility futures coverage for the week ahead.

Our Climate Tech coverage has grown significantly and due to popular demand, we're splitting out our coverage into weekly Energy Futures, Enviro Futures, Infra Futures and Mobility Futures newsletters over the coming weeks.

This newsletter is 'Mobility Futures,' you can update your subscriptions to any of the other weekly newsletters here.

Happy Monday 👋

Brazil's rejection of Chinese electric vehicles has strained the EU-Mercosur trade deal ahead of the November G20 summit. Volkswagen is considering closing another plant in China, its largest market. Honda reports that over 50% of its Accord sales are hybrid models, reflecting a shift towards hybrid vehicles. Volar plans to establish the nation's first green aviation technology hub in the UAE. China’s high-speed rail network has surpassed 160,000 km, making it the world’s largest. The International Chamber of Shipping released a new guide to cut shipping emissions, while Italian travel tech startup BizAway raised $37.45M to enhance AI and expand services.

🚘 Ground Mobility

⚡ Brazil Rejects Chinese EVs, Jeopardizing EU Trade Deal. Brazil told the European Union that it does not want an influx of Chinese electric vehicles, putting the chances of an EU-Mercosur trade accord at risk ahead of the November G20 summit.

🚗 Volkswagen mulls plant closure in China. Volkswagen, the German automaker, is considering closing another plant, this time in China, the company's largest market.

🚙 Honda Accord Hybrid Sales Surpass 50%. Honda reported that over half of its Accord model sales are now hybrid versions. This indicates a significant shift in consumer preference towards hybrid powertrains for this popular Honda vehicle.

🛬 Aviation

✈️ UAE's First Green Aviation Technology Hub to be Established. Volar, a UAE-based company, plans to set up the country's first green aviation technology hub to promote clean energy solutions and sustainable aviation technologies.

🚁 Major eVTOL Order for EHang. Yunshang Culture and Tourism Technology signed an order for 50 EHang EH-216 electric vertical take-off and landing (eVTOL) vehicles. These electric aircraft will be used for sightseeing, tourism, manned transportation, and emergency logistics, contributing to the region’s growing low-altitude economy.

🚋 Rail

🚊 Canadian Railway Tests Hydrogen Locomotive. Canadian Pacific Railway began testing its high-horsepower hydrogen locomotive, CP 1200. CPKC’s hauling both loaded and empty bulk trains in British Columbia. In partnership with Glencore, the pilot program aims to advance low-carbon rail technology.

🚄 China's High-Speed Rail Network Reaches New Milestone. China State Railway Group announced that China's railway network surpassed 160,000 kilometers of operational track, including over 46,000 km of high-speed rail, making it the world's largest and most advanced high-speed railway network.

🔋 Hitachi Rail Develops Next-Gen Battery Tech for Trains. Hitachi Rail is leading a partnership to develop advanced battery technology for intercity and commuter trains.

🚢 Marine

⚓️ New Guide to Reduce Shipping Emissions. The International Chamber of Shipping (ICS) launched a new guide to reduce ships' greenhouse gas emissions. The guide provides comprehensive guidance on international regulatory compliance for reducing greenhouse gas emissions in shipping, with updated insights on the EU ETS and links between GHG and underwater noise reduction measures.

🚢 ABS and HD KSOE Partner to Advance Zero-Carbon Shipping. ABS and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) signed a memorandum of understanding to advance the development of zero-carbon ships.

🌊 India's Ambitious Shipbuilding Plans. India plans to establish new mega shipbuilding parks on its east and west coasts to increase its global market share by 2030.

💰 Deals of the Week

🛣️ Italian Travel Tech Startup BizAway Secures $37.45M funding. BizAway, an Italian travel booking solution provider, raised $37.45M to introduce new technological innovations, enhance AI and data strategies, and develop new products and services.

🚚 BBTruck Raises $6.5M to Expand Smart, Sustainable Logistics Platform. BBTruck, a Taiwanese supply chain and logistics technology company raised $6.5M in pre-series A funding to expand its 5PL solution globally, particularly in North America and Southeast Asia.

🚲 Bicycle Transit Systems Acquires Bike Share Company BCycle. Bicycle Transit Systems, a leading bike-share operator, signed an agreement to acquire BCycle from Trek.

🛣️ Nationwide Transport Services Acquires ContainerTransport.com. Nationwide Transport Services LLC, a logistics solutions provider, acquired ContainerTransport.com to expand its logistics services.

✈️ Alaska Airlines Acquires Hawaiian Airlines. Alaska Airlines completed the acquisition of Hawaiian Airlines. The acquisition expands benefits and travel options for customers.

Thank you for reading. Have a great week ahead!
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