Electric Vehicle Financing – Sfeva http://sfeva.org/ Wed, 12 Jan 2022 17:30:03 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://sfeva.org/wp-content/uploads/2021/05/sfeva-icon-150x150.png Electric Vehicle Financing – Sfeva http://sfeva.org/ 32 32 EMobility at CES 2022: BEVs are big this year https://sfeva.org/emobility-at-ces-2022-bevs-are-big-this-year/ Tue, 11 Jan 2022 21:17:45 +0000 https://sfeva.org/emobility-at-ces-2022-bevs-are-big-this-year/

The Ottobot Autonomous Delivery Robot at Cincinnati / Northern Kentucky International Airport.

There was a crowd of BEVs at CES.

Just a few years ago, the parking lots around the Las Vegas Convention Center were filled with self-driving car demonstrations, but this year was the year of battery-electric vehicles (BEVs) – with implications not only for drivers. consumers but also retailers in the years to come. From glittering prototypes and delivery robots to infrastructure games, CES showed how electrification is going to change the retail landscape.

Certainly, CES has had its share of the expected introductions of electric cars and vans. GM CEO Mary Barra took the (virtual) opportunity to unveil the company’s next electric Chevrolet Silverado. GM already has electric versions of the Hummer coming off the line, and startup Rivian’s well-revised R1T EV pickups are already rolling on the freeways. Ford is expected to market its F-150 Lightning EV this spring.

During this time, BMW launched its performance-focused iX M60 SUV at the show, Chrysler tilted the Air flow, Vietnamese car manufacturer VinFast has promised an electric SUV for its debut in the US market this year, and even Sony has entered the EV act, with Sony chairman Kenichiro Yoshida touting a new prototype of its Vision S electric vehicle concept (again) and the formation of Sony Mobility, which will launch Sony EVs. .

But more importantly, commercial electric vehicles are having a moment, with major automakers and startups hoping companies will see electric vehicles as a way to reduce fuel and maintenance costs, improve delivery uptime, and solve some supply chain issues by deploying autonomous delivery vehicles. At CES, commercials ranged from parcel movers similar to warehouse drones, to electric box trucks designed to run around the clock, to ebots to serve curbside pickups.

Big boys go to BEV

GM’s subsidiary BrightDrop started the show off by announcing that Walmart had booked 5,000 of the company’s electric vehicles for last mile home deliveries. The order includes BrightDrop’s EV600 box trucks and its EV410 box trucks. It’s all part of Walmart’s drive to expand its home delivery service from 6 million to 30 million American homes by the end of the year.

Meanwhile, FedEx, which has already completed a pilot project using BrightDrop electric vehicles in New York City, will order 2,000 additional trucks over the next two years and expand the use of electric vehicles to 10 different markets this year. According to companies, it’s not just about reducing emissions and helping the planet. The EV program in New York found that EVs with their unique lower floor designs reduced physical strain on couriers and increased parcel deliveries by 15% per hour.

Competing with FedEx and Walmart, Amazon added electric vehicle ads to the traffic jam. He already has a chord to use Rivian EVs, but added a new partnership with Stellantis, the company resulting from the merger of Fiat Chrysler and Peugeot. Amazon plans to become the first customer for the Stellantis Ram ProMaster BEVs when they become available next year. As part of the symbiotic relationship, Amazon’s AWS cloud service will provide the in-dashboard software for Stellantis, including fleet management programs and integration with Alexa voice assistant.

BEVs for the rest of us

The electrification movement is not limited to big box big boxes. Several companies, such as REE Automotive, based in Herzliya, Israel, are designing end-to-end systems and services for small retailers and delivery companies to help them make the transition.

REE Automotive’s new P7 EV platform will make it easier than ever to build electric delivery vehicles for a variety of scenarios and businesses.

REE Automotive wants to use its unique P7 EV platform announced at CES to build a variety of vehicles for business. The system uses four independent engine, suspension and steering systems close to the wheels to create an open, flat vehicle platform with increased cargo capacity. The design is flexible enough to be used in everything from small vehicles to truck sizes to big box trucks.

“We have also created a complete ecosystem», Explained Daniel Barel, CEO of REE Automotive, in an interview with Dealer. “Customers can start a fleet, including charging systems and financing, any vehicle of their choice and data as a service” from us, he said.

With pilot programs underway in the US and UK, Barel said the company also hopes to bring in independent mom and dad delivery companies who often make last mile trips for FedEx. “How do these people become electric? We’re going to put everything in place and even call the power company, ”he said.

For backend operations, Dubai-based Evocargo focuses on inbound / outbound freight transport in the hub. At CES, the company presented its Smart Evocargo EVO.1, which can handle up to 1.5 tons and work for 20 hours without interruption. Co-founder Andrey Bolshakov told Dealerscope that the company has expanded beyond its original vision of autonomous vehicles six years ago to now offer a full service based on its intelligent electric vehicles.

“So we will take care of the fleet management, the electricity management and the infrastructure part like the load structure,” Bolshakov said. The company expects to have several projects underway in the US and UK by the fourth quarter.

Self-driving still alive

So what happened to all those autonomous vehicles promised at CES shows of the past? They are still alive according to Toyota Research Institute CEO Gill Pratt.

“You will first see low-speed city shuttles that can stop safely,” Pratt said. Dealer, “And then we can improve the traffic jam problem. People are used to slow vehicles, so it’s going to come out very soon. “

Such trial programs are already underway on college and business campuses. And Walmart is already experimenting with self-driving box trucks from the start Gatik runs 7 mile loop from warehouse to distribution center in Arkansas. The program covers the middle kilometer of the supply chain. Thus, it could be adapted to go from any warehouse to a retailer with Gatik mapping the route and adjusting the truck driving behavior according to the context (parking lot vs city street, for example).

But it’s not just about moving pallets and people. Ottonomy wants to change the post-pandemic retail experience.

During a CES press conference, Ottonomy’s CEO Ritukar Vijay described how the Santa Monica, Calif., Based company wants to solve labor shortages and personnel issues with drones robot delivery. Essentially, the R2D2 takeout delivery, the landlocked drones can navigate indoor and outdoor spaces to take orders from counter to sidewalk. Vijay said the company is already testing its stand-alone Ottobots for food and retail delivery to the Cincinnati / Northern Kentucky International Airport.

“Sixty percent of orders in the United States are curbside pickup orders right now,” said Vijay, “and we want to redefine the driving experience” with autonomous robots.

Meanwhile, there’s the question of how we’re going to charge all of those electric vehicles that automakers are hoping consumers will buy this year. Several charging network companies have garnered a lot of attention over the past year, including Blink Charging, which made several product announcements at CES.

Transportation Secretary Pete Buttigieg virtually exhibiting at CES 2022.

In addition to launching new Level 2 home chargers for consumers, Blink has expanded its commercial charging stations, which can be installed in multi-apartment buildings and parking spaces at retail outlets.

“We can be the owner / operator of the stations or partner with the retailer and share the revenue,” Blink CEO Brendan Jones explained in an interview with Dealerscope, “or you can buy it directly”. Typically, retailers hire a site host so that Blink is responsible for installing, maintaining, and servicing charging stations.

Charging stations can of course attract customers and keep them in the store, as it typically takes 30-40 minutes to charge a vehicle. At CES, Transportation Secretary Pete Buttigieg made a virtual appearance to talk about infrastructure plans. While recognizing that innovations in electric vehicles and self-driving cars come from the private sector, the government still has an important role to play, he said, especially with the passage of the latest infrastructure bill. , which includes $ 7.5 billion to help build networks of charging stations like Blink Eyes.

The government did not invent the plane, the train or the car, but “the government built airports, laid tracks and built highways,” Buttigieg said.

]]> The 8 things you need to do when buying a new car https://sfeva.org/the-8-things-you-need-to-do-when-buying-a-new-car/ Sun, 09 Jan 2022 09:31:58 +0000 https://sfeva.org/the-8-things-you-need-to-do-when-buying-a-new-car/

The illusion of buying a car is something that can often confuse our common sense a little and end up making decisions that are not the most correct. And let’s face it, it’s an expense that can’t be taken at random.

We must be fully aware that no matter how little we spend on a car, we are talking about thousands of euros, so reason and common sense must play a big role in the final decision.

It doesn’t mean that we don’t buy one of the car models we love, but in some ways we may have to give up something so that the vehicle doesn’t turn into a nightmare.

The car should be used for us to live and not have to live for the car.

That said, let’s see some tips that we are going to give you so that with all this you can buy the best vehicle, the most beautiful, the one that best meets your expectations and the one that suits your budget.

Have multiple options

Unless you are extremely clear on the fact that the model you want to buy is a specific model and that it is no longer worth anything, it is still practical have several options go and contemplate.

That is, if we are looking for a spacious SUV, we may have in mind several models of different brands, since it is currently the most demanded platform.

It is better to have several purchasing possibilities, because it may be that the one we like the most is not within our reach or involves extra effort, and it may happen that another model that was not the first option is more suited, in all respects, to what we are looking for.

Flash lamp V16: take note of this name because it will be one of the most listened to in the months to come with the entry into force of the new road assistance rule.

Be clear on the fuel we want

We almost all agree that electric car they are the future, but they are currently not a viable option for many users.

With the exception of some models, the vast majority of which cannot afford, the the autonomy of this type of car is rare, especially if you take a long trip during the year. If you don’t go out of town, this could be a great option.

Another problem is that of charging stations, not only are they rare, but what is really interesting, namely fast charging, is even more so.

And what about the price of these vehicles, something which is prohibitive, although the government grants aid for the acquisition, since they take an average of a year to reach the user.

Another option is to buy a hybrid, a gasoline or diesel model. It is clear that, if the number of kilometers per year is important and they are out of town, diesel still continues to compensate. At a time when long journeys and a few annual kilometers are not made, a gasoline car, cheaper models than diesel or hybrid cars can compensate.

Everyone must analyze their personal situation to arrive at the best solution.

Request multiple quotes

It is an important element when buying a car, because it is better to have a good number of budgets, even from the same car, from several different dealers.

You will be surprised how much the price varies from one to another even talking about the same model, which is why it is not a good idea to stick with the first budget that we ask for.

The best thing is to have enough options, to know when we are billed for the vehicle, what the promotions of the brand and the dealership themselves are and, another relevant item, how much money they give us if we deliver. our previous car as part of the payment.

Thereby we can make a decision with more meaning only if we only had one or two budgets left.


Here we must also be aware of what facet to which we will devote a car.

You will understand it very easily with an example. If we were going to devote our car to taking the kids to school, one day for shopping and once a year for taking it on the road, it would be crazy to buy a car, for example, with 200 hp.

This is why we have to be consistent on the use we will make of the car the majority and thus decide which is the best engine for us.

Interior in line with our expectations

Obviously not everything in the car is the exterior and if we’re being realistic the interior is where we’re going to be the most, so it has to be tailored to what we need, in every way.

Both space, finishes or technologyIt must be what we are looking for, knowing how to give up what we do not need or are going to use.

I’ll give you a personal example, my old car had a folding sunroof and in the years I had it, it only opened 3 or 4 times. This is an example of something that wasn’t needed, so the next one doesn’t have it anymore.

It makes no sense to spend money on things that we don’t need and will not enjoy at any time.

The same is happening with space and technology, we must always be aware that we need, never fall short, but never go too far.

Test the car

This is another tip that we think is really relevant. That is, in any dealership they will tell you wonders about a car and even several times or they will say exactly what you want to hear.

There is no better way to know if this car is behaving the way we expected go out and try it for ourselvesIn this case, no matter what the seller tells us, it will all be based on our feelings.

Fortunately, many automakers have assumed that the future lies in the electrification of their vehicles. These seven brands have already announced when they will stop using diesel engines.

Be very clear on budget and funding

Once we have chosen the car we want, this is the moment when we must be clear on what they are going to charge us, for the extras that we have been able to put in and what are the discounts applied by the brand and the dealer himself.

Obviously, they must give us this documentation, as well as financing if we are going to pay for the car in several installments and it is with the financial company of the brand.

All of this must be very clear and pose any type of doubt, lest it be because we are not asked to be unhappy.

All this must be given the day we are going to sign the papers, having to be exactly the same as what they gave us at the beginning, something that you should watch with great care and quiet, it won’t take more or less 10 minutes.

We present a series of tips for getting the most out of the Android Auto app when using your mobile device in the car.

What documentation do we need to have on the day the vehicle is delivered to us?

Once everything we’ve told you has helped you find the best car for you and you just need to hand yourself over the keys and start enjoying it, remember that in the dealership we owe you hand in a series of documents.

You must have at least the following:

A full invoice and all that concerns funding if this has been done. Complete documentation of the car: Vehicle Technical Control Card from the Ministry of Industry, Traffic permit from the Ministry of the Interior and Declaration of registration for the Tax on Mechanical Traction Vehicles (IMVTM). All warranty details, legal and commercial, its coverage, its duration, its limitations and everything that is excluded. Vehicle documents: user manual, multimedia service manual, revision book, etc. Contact information in the event of a problem, in addition to information on official controls, objects accompanying the vehicle: sets of keys, compulsory triangles, etc.

We hope that with everything we have told you, you can find the car that best suits you and your needs, allowing you to have the best one for you for years to come.

Illusion is an important part of life and I hope we never lose it, but sometimes common sense is essential as well.

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Wharton Industrial acquires 101 acres to develop industrial project https://sfeva.org/wharton-industrial-acquires-101-acres-to-develop-industrial-project/ Sat, 08 Jan 2022 04:31:48 +0000 https://sfeva.org/wharton-industrial-acquires-101-acres-to-develop-industrial-project/

Closing an extraordinarily productive year, New York-based Wharton Industrial today announced the acquisition of a 101-acre parcel of land in Mesa, Arizona.

The company plans to invest more than $ 200 million in the site to develop an 11-building, 1.5 million square foot Class A industrial park, which will be known as “The Hub @ 202”. The buildings will vary in size from 65,000 square feet to 270,000 square feet and will have clear heights of 28 to 32 feet; 73 parking spaces for trailers; 60 foot speed bays; and 1,429 parking spaces.

Funding for the project was provided by MSD Capital, LP, Michael Dell’s family office. Construction is expected to begin in the second quarter of 2022.

“Wharton firmly believes in the growth of the industrial market in the Intermountain West region as more and more businesses and individuals move for a more welcoming business climate and a better quality of life. Markets like Mesa are now part of the “digital desert” flocking to forward-thinking companies such as electric vehicle manufacturers, social media companies, aerospace and chipmakers, and more. Said Peter C. Lewis, President of Wharton Industrial. “The investment strategy in this region is emblematic of our 35-year corporate philosophy of focusing on emerging markets poised for significant growth,” adds Lewis.

Peter C. Lewis

The site is one of the last remaining large contiguous parcels in the region and is centrally located in the highly sought-after Southeast Valley submarket of Metro Phoenix – one of the fastest growing industrial markets. fastest growing country and poised to dominate the country in terms of industrial rental growth over the next five years. The region has an extraordinary collection of “new age” companies such as Google, Facebook, Microsoft, Apple, Lucid, Taiwan semiconductor and Apple attracted by the region’s talent pool, the low cost of life, favorable business climate and the ability to serve the main countries of the West. Coastal population centers.

Wharton Industrial’s other past holdings and developments include SoPhi Logistics Center, a 280,000 square foot former railcar facility in Philadelphia that Wharton turned into a first-class last mile delivery facility and was subsequently leased to Amazon in its entirety.

Other recent development projects include a 988,000 square foot warehouse in Atlanta (leased to Philips Van Heusen); a 510,000 square foot industrial facility in Lakeland, Florida; a 617,000 square foot warehouse in Ocala, Florida (leased from Amazon); and a two-building 600,000 square foot industrial development in Greenville, South Carolina. All of these assets have had very successful exits.

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Want low stress stocks in 2022? Relax With These Renewable Energy Dividend Stocks https://sfeva.org/want-low-stress-stocks-in-2022-relax-with-these-renewable-energy-dividend-stocks/ Thu, 06 Jan 2022 11:30:00 +0000 https://sfeva.org/want-low-stress-stocks-in-2022-relax-with-these-renewable-energy-dividend-stocks/

2021 has been a great year for the market, but when looking at stocks in the market today, it’s hard not to feel like values ​​are stretched. Fortunately, there are still relatively stable companies with long-term cash flow and stable dividends available to patient investors.

Three Motley Fool contributors have chosen their top low-stress renewable energy stocks for 2022, and they are Clearway Energy (NYSE: CWEN), Brookfield Renewable Power (NYSE: BEPC), and NextEra Energy (NYSE: NEP). They all come with great dividends to go along with solid trading.

Image source: Getty Images.

The original yield

Travis Hoium (Clearway Energy): Financing renewable energy projects is one of the most difficult parts of the supply chain as it takes hundreds of millions and sometimes billions of dollars, depending on the project. This is why yieldco, a company that purchases renewable energy projects and pays dividends with the proceeds, was formed. Clearway Energy, which originally started as NRG Energy, is one of the leaders in this field with a long history of operation.

Clearway currently has 1.3 gigawatts (GW) of solar projects, 3.5 GW of wind assets, 320 megawatts of community solar assets and an additional 5 GW of projects that it operates or manages. These assets generate cash flow that drives a 4.2% dividend yield for investors.

CWEN chart

CWEN given by YCharts

You can see above that the cash flow from operations is increasing, and it should continue. Clearway just sold its thermal power business to KKR for net proceeds of $ 1.3 billion and is investing heavily in energy storage projects linked to renewable power generation assets, like solar farms. Energy storage is a growth industry for renewable energy and this will help to maintain the growth of the business in the long term.

Let the experts take care of it

Howard Smith (Brookfield Renewable): Some investors who want to own renewable energy stocks don’t want the high valuations and volatility that come with many names of EVs or alternative energy start-ups. Brookfield Renewable is a place where you can let experts allocate your capital efficiently. And the stock fell 37% in 2021, giving investors a good opportunity.

This drop in the share price has resulted in a dividend yield that pays investors more than 3.3% per year. This income stream also helps alleviate any stress associated with stock price movements.

Brookfield Renewable invests in wind, solar and hydroelectric generating assets as well as energy storage facilities. Decarbonization is a global trend and Brookfield has assets in North America, South America, Europe and Asia, also offering geographic diversity. As this trend grows, more companies will look to enter into power purchase agreements to contract renewable energy sources to power their operations. Holders of these assets like Brookfield Renewable will benefit.

The company’s recent financial results show that the trend is already underway. Brookfield Renewable last month announced record third quarter operating funds of $ 210 million. This represents a jump of 32% compared to the period of the previous year. CEO Connor Teskey summed it up in this statement: “As the decarbonization of the global economy continues to come to the fore, we are well positioned to seize the growing opportunity while delivering strong returns for our investors. Investors can relax by letting this management group do the hard work.

NextEra continues to shine in a tough market

Daniel Foelber (NextEra Energy): Investing in growth has a reputation for being a high risk, high reward business that could lead to sleepless nights. Still, there is a way to invest in the energy transition without stressing out. One solution is to use a catch-all infrastructure like Brookfield Renewable. I agree with Howard that this is a balanced company worth owning for the long term. A company with a similar investment thesis is NextEra Energy.

Like Brookfield Renewable, it pays a stable and growing dividend. And also like Brookfield Renewable, it is in growth mode. NextEra’s competitive advantage is timing, in that it has started rapidly increasing its solar and wind capacity faster than its peers. This head start has helped NextEra and its subsidiaries take an industry leading position as a diverse public service. Between 2017 and 2020, NextEra Energy increased its total net generating capacity by approximately 20%, but solar and wind net generating capacity increased by 40% during this four-year period.

The market has responded favorably to NextEra Energy’s ambitious growth plans.

NEE Total Return Level Graph

Total return level NEE given by YCharts

Its action currently hovers around an all-time high and has crushed the S&P 500 and the utilities sector over the past five years, while increasing its dividend at a faster rate than the sector. NextEra doesn’t come cheap, but it’s the undisputed king of investing in large-scale renewable energy projects. In that sense, its premium valuation and dividend yield of 1.7% are worth the price.

Three dividend-paying stocks to buy today

All three of these stocks are paying a healthy and growing dividend, and as renewable energy production increases, they are also expected to grow. And with long-term contracts to sell renewable electricity to utilities and users, these stocks will also help you sleep at night in a volatile market.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are motley! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.

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Stretch codes threaten energy choice https://sfeva.org/stretch-codes-threaten-energy-choice/ Tue, 04 Jan 2022 13:59:19 +0000 https://sfeva.org/stretch-codes-threaten-energy-choice/ Every member of the National Association of Home Builders (NAHB) as well as NPGA. National Propane Gas Association (NPGA) have a common goal for a halt to the Electrify All movement which is expanding across the country.

Builders, buyers, renovations builders and builders all want to safeguard and protect their rights to choose the energy sources they utilize in their homes. Affordable housing is contingent on reliable and reasonable energy options. If you are looking for an investment loan to upgrade your home, go through all the available options from Oak Park ..! !

Codes of construction that are more strict commonly referred to as “stretch codes” are beginning to influence the energy sources that are used in new homes or in renovations. A majority of builders are building homes that adhere to the codes that are part of the International Building Code and the International Housing Code, both belonging to the International Code Council (ICC) family of codes. These codes are based on three years, which is similar to the National Fire Protection Association codes for the propane industry. Each state’s building regulatory and licensing body is required to develop the state’s specific ICC codes, and any amendments which are applicable to the state where they reside . The codes are frequently updated and amended when new codes are created. They are considered to be.

The issue that homeowners face and those who use propane users is the most current version of ICC codes for building and the more comprehensive codes currently under discussion in the majority of States could be an important first move towards achieving the objective of having electricity required for all of our activities. The most contemporary ICC building codes have guidelines that promote the usage for electricity to be the principal and only source of power for homes.

In several states, codes for building construction have been reviewed by officials of the state building code which are working on the process of electrification. In particular, these codes and changes could require that homes be wired throughout the house, regardless of whether the house is operating entirely with electricity, or not. The electrical panel within your house should be able to handle enough loads to sustain an electrical home whatever the reason you plan to use natural gas or propane for the completed home. The typical propane points to be used for such things like water heaters, cooking appliances, clothes dryers and space heaters are wired electrically, and gas is able to be utilized at any and all locations.

The house faster is equipped with an electric motor, which is wired (EV) chargers since we presume that most homeowners will use electric motors.

The construction industry that constructs houses for residential use is not in line with these massive construction regulations because they increase the cost of construction for houses, and also increase the operating expenses of houses across the country which makes homes more costly and unattainable to residents from. All income levels of buyers.

In every part within the United States the price of electricity is rising quickly and is largely because of the increasing need for energy from renewable sources . However, the reliability of electricity is being compromised by the insufficient power generation capacity and grid power. Homebuyers must pay the price of electric infrastructure they will not use in addition to reducing the other options they’d like to include in the overall cost of their home. There are some who delay. Homebuyers must purchase homes due to the financial and affordability concerns.

Propane isn’t a component of the building codes that were extended to restrict the options for consumers regarding energy and also limit the options homeowners have the option of using propane to power their homes. to power their residences. The advantages of the reliability, efficiency, and security of propane will fade from the minds of potential buyers as time goes by.

Buyers of homes will be asking what the reason for adding propane to their home if it is already wired for electricity. If you’re confronted with what question do you respond? Answers can be found at propane.com/energyforeveryone.

The HTML0 code is an important subject of lobbying that must be considered by the NPGA and should be cooperating with regional and national propane associations as well with local industry members. Make your voice heard about the laws that place an expense for homeowners or propane might not be able as an alternative energy resource that’s renewable for all.

Four C’s that will shape the year https://sfeva.org/four-cs-that-will-shape-the-year/ Sun, 02 Jan 2022 14:13:16 +0000 https://sfeva.org/four-cs-that-will-shape-the-year/

The year 2021 has been an important year, as we have seen the trends and changes in behavior – which were initiated in 2020 – consolidate both at the organizational and individual level. It has been a year of resilience, innovation and trend setting for the decade to come, as we have seen over 43 Indian startups become part of the coveted Unicorn Club. Indian startups saw a total injection of over $ 36 billion (a 200% jump from 2020) and an option to exit IPOs finally closing, with the successful listing of Zomato. It was a year of maturation for the Indian start-up ecosystem. Additionally, a year in which nearly every industry has captured the attention of investors and the public, although technology is the underlying factor. But some sectors that stood out were fintech, consumer (mainly driven by D2C brands), SaaS, and games.

Trends to watch in 2022

1. Consolidation of capital: One of the defining trends that started in 2021 has been the consolidation of capital between particular sectors, start-ups and stages of start-ups. Many late stage start-ups have seen multiple turns, even after the unicorn ride. CRED, Meesho, Razorpay have seen their already huge valuations jump three to four times in a single year. We have also seen the advent of pre-IPO funds in India, with the capital primarily used to drive inorganic growth through acquisitions and marketing. This trend could continue and we could see the gap between heavily funded and unfunded start-ups widen if liquidity decreases.

2. Customer loyalty becomes the key: A lot of funding has been used for inorganic growth, to acquire customers. Now that customers are onboard, it will become imperative for businesses to focus on building loyalty through feedback loops and multiple points of engagement. Therefore, we could see supply chain innovations in the same effort.

3. Web 3.0: Cryptocurrency and blockchain have grown in importance globally with two Indian cryptocurrency exchange start-ups achieving unicorn status in 2021. We could see clearer regulations from the RBI and government and see their own digital currency, making the next six to 12 months crucial for Web 3.0.

4. Sustainability and climate change: The Covid-19 has sounded the alarm on the importance of sustainability. Government and business have started to work on reducing the carbon footprint and providing clean solutions. A remarkable breakthrough has been the multitude of electric vehicle (EV) start-ups like Lohum and Ola Electric that have emerged. With sufficient support, 2022 could be a pivotal year for electric vehicle start-ups.

5. Venture capital debt and alternative financing: Venture capital debt in India has had a bumper year, with startups raising more than $ 600 million, more than double the previous annual record of $ 300 million in 2019. as no / less dilution of equity, flexible terms, supplier programs, etc. With Indian start-ups maturing, planning for international expansion, and seeking to acquire, subprime debt players could become the go-to partner for all start-up debt needs.

Ishpreet Singh Gandhi, Founder and Managing Partner, Stride Ventures

(Ishpreet Singh Gandhi is Founder and Managing Partner of Stride Ventures)

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Geely and Waymo cooperate to develop Robotaxi; QCraft partners with Dongfeng Motor to share a bus – China Money Network https://sfeva.org/geely-and-waymo-cooperate-to-develop-robotaxi-qcraft-partners-with-dongfeng-motor-to-share-a-bus-china-money-network/ Thu, 30 Dec 2021 03:15:21 +0000 https://sfeva.org/geely-and-waymo-cooperate-to-develop-robotaxi-qcraft-partners-with-dongfeng-motor-to-share-a-bus-china-money-network/

Geely and Waymo cooperate to develop the robotaxi

Zeekr, Geely’s premium electric vehicle brand, will cooperate with Waymo, Google’s self-driving car unit, to develop the robotaxi in the United States. The robotaxi is designed and developed by the Zeekr factory in Sweden, incorporating Waymo’s unmanned driving technology. Waymo already launched robotaxi services in Phoenix about a year ago and has provided service to thousands of customers so far. Cooperation with Zeekr can help Waymo expand its robotaxi services and pave the way for Geely to enter the US market.

Baidu launches Quantum Platform 2.0

During Baidu Create 2021, Baidu officially released Baidu Quantum Platform 2.0. Duan Runyao, director of Baidu Quantum Computing Institute, said that the Baidu Quantum platform can lower the threshold of learning and application of quantum computing and accelerate the application of quantum computing in the fields of chemistry, finance and materials.

Consumer robot brand ROBOSEN raises $ 100 million

Chinese consumer robot brand ROBOSEN has completed a Series B + financing round, led by Cedarlake Capital. Recent Capital, Lightspeed China Partners, existing investors Sequoia Capital China, Dayone Capital and Qlacier Capital also participated. Once the funding ends, ROBOSEN will continue to explore more IP partners, provide diverse products and expand its talent team.

QCraft partners with Dongfeng Motor for bus sharing

QCraft, a Chinese autonomous driving technology company, has signed a cooperation agreement with Dongfeng Sharing-VAN in the areas of pre-installation mass production, custom development, optimization and iteration of models bus sharing, to jointly practice autonomous driving business innovation, and help Wuhan build China’s first “autonomous driving city”. In the future, QCraft and Dongfeng Sharing-VAN will gradually realize the commercial operation of 300 unmanned vehicles nationwide.

(China Money Network articles are curated and translated from credible Chinese media organizations with established brands, experienced editorial teams, and trustworthy journalistic practices. However, we are not responsible for the accuracy of the information. For any questions, please contact our editorial department.)

Caishen.Co - Primary Data for Secondary Investment and Stock Markets in China
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Quirk Automotive Partners with American Red Cross in Blood Drive Amid Nationwide Blood Shortage https://sfeva.org/quirk-automotive-partners-with-american-red-cross-in-blood-drive-amid-nationwide-blood-shortage/ Tue, 28 Dec 2021 04:08:28 +0000 https://sfeva.org/quirk-automotive-partners-with-american-red-cross-in-blood-drive-amid-nationwide-blood-shortage/
Logan Russell is Deputy Service Manager at Quirk Chevy in Manchester. Courtesy photo

MANCHESTER, NH – As the nation grapples with what the American Red Cross describes as “the worst blood shortage in more than a decade,” Quirk Car Dealers is partnering with the non-profit organization to organize their first blood drive on February 15, 2022.

With dangerously low blood supply levels in the United States, Quirk Auto dealers will host the event at their newly renovated 150,000 square foot Quirk Kia facility located at 1300 S. Porter Street in Manchester. Quirk invites the public to join them in their efforts to help maintain a strong emergency blood supply for the Manchester community. Click here to make an appointment today.

“Dangerously low blood supply levels have forced some hospitals to defer patients from major surgeries, including organ transplants,” according to a recently released statement. Croixrouge.org, urging the public to make an appointment to donate blood.

Quirk Kia in Manchester will be the site of a community blood drive on February 15, 2022 to help the American Red Cross increase a “dangerously low” blood supply.

Quirk Auto Dealers hopes to boost local participation in their blood drive with musical performances by mezzo-soprano Janice edwards, as well as food and door prizes to thank participating donors. Quirk Auto Dealers is also pleased to announce that it will be the official host of an upcoming WMUR sponsored blood drive, which is scheduled for June 3, 2022, at Quirk Kia in Manchester.

Community involvement is an important part of what sets Quirk Auto dealers apart. As the pandemic continues to impact the lives of Granite Staters, Quirk is stepping up that level of engagement. After investing hundreds of hours and financial resources in local charities and sponsored events in 2021, Quirk will continue to be a dedicated partner of the City of Manchester in 2022, and has renewed its engagement with many local organizations. , especially New Hampshire Catholic Charities, Green Acres School, Manchester Little League, the Queen City Rotary Club Road Rally and Cruising Downtown Manchester.

Manchester restarted its bookmobile after the library received a graphically designed 2017 Dodge Ram Pro courtesy of Quick Motors and Sousa Signs. Photo / Pat Grossmith

Last year, Quirk Auto dealers donated a Dodge Ram Pro to be used as a the new bookmobile serving the City Library and Manchester Schools to help encourage children to embrace reading on a regular basis, which has become one of their most rewarding contributions to date. Manchester Mayor Joyce Craig notably thanked Quirk for helping kick off the program and putting new books in the hands of Manchester children. This program came at a particularly difficult time, with many schools and families struggling to cope with the challenges of distance learning and the need to access educational resources at home.

Fighting the challenges of COVID-19

“Don’t be afraid of change. Be afraid of not changing. If you don’t stand up for anything, you will fall for anything ”,

– Daniel J. Quirk, CEO and Founder of Quirk Auto Dealers

Left to right James Thorp, Daniel Quirk and GM representatives Mark Rainy and Sarah Fretwell. Courtesy photo

Quirk’s corporate culture has been described as progressive and welcoming, making diversity and inclusion a core value in its staffing and community outreach efforts. As the pandemic has shaped the way we shop, learn and work, Quirk hasn’t missed a beat, finding new ways to improve the customer experience and work safely with the community. From the newly designed showrooms, every Quirk point of sale and service is held to immaculate standards and offers customers in-house financing, door-to-door delivery options and safe and secure online DocuSign technology, to which customers can access anywhere.

“When COVID hit, we were already offering online shopping tools, but we continued to improve them so our customers can access the easiest, most secure shopping experience every time they visit. need a new vehicle or a new service for their existing one, “said Rachel Victer, Head of Public Relations and Content Marketing at Quirk Auto Dealers

Quirk is personalized The service app allows customers to schedule car maintenance, request a rental, and access valuable service coupons. Customers can also use the app to easily cancel and reschedule their service appointment if they encounter a schedule conflict.

Looking to the future for a greener Manchester

For Quirk Auto Dealers, supporting a greener future for Manchester residents, and the electric car industry in general, is a top priority. Working towards a more sustainable future and reducing the city’s carbon footprint, Quirk will deploy a greater assortment of electric vehicles as they become available.

“We embrace the electric vehicle industry and have installed electric charging stations in all of our points of sale. We also help customers navigate the electric vehicle discounts offered by many manufacturers, ”said Victer.

The Volkswagen ID.4, Kia Niro EV, Ford Mach-E and Nissan Leaf are just a few of the many EVs currently available in Quirk stores.

Find out more about Quirk Auto dealers

Founded in 1977, Quirk Auto Dealers is an award winning automotive group serving the New England area and currently operating 16 active dealers and service centers located in New Hampshire and Massachusetts. Quirk Automotive represents many leading automakers including Buick, Chevrolet, Chrysler, Dodge, Ford, GMC, Jeep, Kia, Mazda, Nissan, RAM, Subaru and Volkswagen. Quirk Automotive and is equipped with state of the art onsite service and repair centers staffed by ASE certified master technicians.

Quirk currently employs over 1,500 people across Massachusetts and New Hampshire. The company also owns and operates Quirk parts depott, a 200,000 square foot warehouse that delivers OEM auto parts worldwide.

To learn more about Quirk Automotive, visit https://www.quirkcars.com/.

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Actor of the news 2021: N Chandrasekaran https://sfeva.org/actor-of-the-news-2021-n-chandrasekaran/ Sun, 26 Dec 2021 12:56:55 +0000 https://sfeva.org/actor-of-the-news-2021-n-chandrasekaran/

The Tata group literally pulls on all cylinders. President N Chandra’s “One Tata Strategy” has played a crucial role in creating synergies within the group.

Earlier this year, Tata Motors became the toast of the city with the infusion of billion dollars (Rs 7,500 crore) by TPG Rise Climate. A fairly early precursor in the electric vehicle segment, this investment helped Tata Motors secure a definitive valuation and the funding needed for its future growth. One of the main forces behind the attack on electric vehicles was the chairman of the group with glasses, calm and always smiling, N Chandrasekaran.

Not exactly known as an automotive enthusiast, Chandra believes in continuing to “proactively invest in exciting products that delight customers.” Under his leadership, Tata group companies literally exploded and most of the shares of Tata group companies became multi-baggers in the past year. While Tata Motors has undoubtedly been one of the stars with a rally of over 20%, the group has seen its market capitalization increase by almost 70,000 crore in recent months. A key catalyst for this has been the Group’s synergies that the EV investment deploys, not only for Tata Motors but the global ecosystem.

As Chandra pointed out in a letter to her colleagues in January 2019, what really makes the difference is the “One Tata Strategy”. “Simplify, synergize and develop” have become the key mantra. He highlighted the synergies in place using the key example of Tata Motors: “Tata Motors is leading the efforts to develop an ecosystem of electric vehicles (EVs) in partnership with Tata Capital for financing and Tata Power for the charging infrastructure network. “

Interestingly, as 2021 draws to a close, Tata Motors is set to record one of the best resurgence stories, in terms of retail sales. Between April and November, its passenger vehicles saw robust growth of 85% year-on-year, and sales of electric vehicles are showing a three-fold increase. It will no doubt be interesting to see how the mobility business takes shape in the future. Industry insiders have hinted that there is a possibility that the passenger vehicle sector could be separated as a separate entity. Tata Motors has reportedly been in active talks with a prominent Chinese automaker, although they are now on hold due to growing political tensions between India and China.

Another interesting aspect to look forward to is the future of the CV industry. As the market leader, the company regularly records double-digit growth in monthly sales. Marc Llistosella’s brief appointment also underscored Chandra and the Group’s tendency to bring more traction to the commercial vehicle space.

There is no doubt that the passionate long-distance runner that is Chandra is looking to the future. The Group is said to be in talks with three states to set up a $ 300 million semiconductor assembly unit. And the industry’s vineyard wants the Tamil Nadu government to negotiate talks between Ford and Tata for the takeover of the old Maraimalai Nagar factory.

Chandrasekaran’s favorite painting is of a meditating Buddha seated near an elephant. It was once quoted: “I love how the peaceful Buddha can influence this giant creature. As the Tata Group gears up for the next decade, it goes without saying that this software salt giant that operates in over 90 countries and employs over 200,000 people will surely be remembered for how Chandra ran the company. until now. .

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New Clean Energy Office Targets Rural Areas: Watch Out, Joe Manchin https://sfeva.org/new-clean-energy-office-targets-rural-areas-watch-out-joe-manchin/ Fri, 24 Dec 2021 17:41:22 +0000 https://sfeva.org/new-clean-energy-office-targets-rural-areas-watch-out-joe-manchin/

The US Department of Energy has apparently had enough of West Virginia Senator Joe Manchin and his love affair with fossil fuels. The agency has just established a new $ 20 billion office for clean energy demonstrations, aimed at scaling up big solutions to climate problems with a focus on rural communities and environmental justice. Almost 90% of the electricity produced in West Virginia still comes from coal-fired power plants, so it appears the message is going directly to Senator Manchin, as coal holds a place in his financial portfolio.

Like it or not, here is clean energy

To be clear, the new Office of Clean Energy Demonstrations could make many accommodations for powerful elected officials with an interest in the fossil fuel business, including West Virginia Governor Jim Justice and Senator Manchin. Among its areas of intervention, OCED cites carbon capture and “clean” hydrogen, which means that the production of hydrogen from coal or natural gas could be on the table.

However, OCED also ranks small modular nuclear reactors among its preferred technologies, posing a direct threat to the US coal industry. So far, the idea of ​​a whole new nuclear reactor fleet has not won much love from local communities here in the United States, no matter how small and modular they are. Yet nuclear power is favored by a number of other countries, which explains the interest of leading investor Bill Gates in the nuclear field.

In this context, the Department of Energy could monitor the market for the export of technologies for the US nuclear industry, at least in the near future. All else being equal, growing demand for nuclear power overseas would put pressure on US coal producers who depend on international trade to stay afloat.

Global Coal Market On The Rocks

To make matters even more interesting, take a look at when Senator Manchin objected to the Build Better Climate Action Bill. He used his decisive Senate vote to wrest major concessions from supporters of the bill. However, Manchin refused to come out and officially scrap the legislation until he emitted a definitive “no” in a TV appearance on Sunday, December 19. This was around 9 days after the rumor was that the president had personally ordered an immediate shutdown end of federal funding for coal-fired power stations and other fossil fuel projects abroad. The order, sent by diplomatic cable to every U.S. embassy, ​​follows a pledge taken by the Biden administration last august.

The directive does not apparently apply to projects with carbon capture. Nonetheless, it appears the Biden administration sent Manchin a warning in August. When that failed to get its vote on Build Back Better, they followed through on the threat, demonstrating that the president has the power to help take coal out of the global energy situation, regardless of what does. Senator Manchin.

Manchin may have thought he won the round on TV, but the Biden administration is not alone. Reuters reports that “almost all” international development banks reduce their coal consumption. Major investor groups have also reduced their interests in coal. The pace has been slow and the coal fundraising movement could backfire in some cases, but the trend seems to be gaining traction. On December 14, for example, HBSC announced a gradual reduction in coal funding in two stages starting with EU and OECD markets by 2030, and other markets by 2040.

Grid-wide energy storage and the death of coal

Where were we? Ah yes, the Clean Energy Demonstration Office. Small modular nuclear reactors are not the only threat to US coal players. Grid-scale energy storage is emerging as another substitute for coal-fired power plants, as well as natural gas.

As of this writing, OCED does not have its own web page on the US Department of Energy website, so for now anyone can guess what “grid-scale energy storage” means.

The Ministry of Energy, however, drops a few clues.

“Demonstration projects prove the effectiveness of innovative technologies in real conditions at scale to pave the way for widespread adoption and deployment,” the agency explains.

“The Office of Clean Energy Demonstrations will move clean energy technologies out of the lab and into local and regional economies across the country, proving the value of technologies that can deliver to communities, businesses and markets,” adds the Energy Secretary Jennifer Granholm, who also pointed out that the $ 20 billion came directly from the bipartisan infrastructure law – that is, the federal funding package that was passed by Congress along with the help from Manchin.

No word yet on what friends of the Senator’s fossil stakeholders think about any of this, but it looks like he has something to say.

Grid-scale energy storage is already present in the form of large arrays of lithium-ion batteries, but it appears the Department of Energy is already looking beyond Li-ion technology to an area wider.

If, on a grid scale, they also mean long-lasting energy storage, then gravity energy storage systems, flux batteries, concentrating solar energy and more per storage systems. gravity and particle-based gravity systems could all be part of the mix. There may even be a place for flywheels in the clean energy grid of the future.

The OECD could also monitor smart grid technology that allows small-scale and distributed energy storage devices to work together. This could include vehicle-to-grid systems that take advantage of the growing number of mobile energy storage devices in the market.

A clean energy makeover for hydrogen

The OECD is just as vague when it comes to “clean” hydrogen. For the record, hydrogen is not “clean”. The main source of hydrogen today is natural gas, followed by coal.

However, it is today. A quick glance at the electric vehicle sector shows how quickly new clean energy technologies can take hold of the market, even after a slow start.

Electric vehicles first appeared on the market at the end of the 19th century, only to disappear at the beginning of the 20th century when gasoline and diesel engines took over. After a long run dry, General Motors introduced the ill-fated EV-1 in the 1990s. That was 25 years ago, and since then a lot of water has flowed under the bridge. Along with the tremendous marketing power of Tesla Motors, GM and other historic automakers are finally taking the lead in vehicle electrification.

Pew Research recently published the figures on Adoption of electric vehicles in the United States, and got a figure of 1.1 million for the number of 100% plug-in electric vehicles registered in the United States as of 2020. This is a small but significant portion of the 289 million vehicles registered in the United States this year. there, and it seems like the stage is ready for rapid expansion.

Edmunds expected that Electric vehicles will represent 2.5% of new vehicle sales in 2021, with further growth to come in 2022. Out of around 15.2 million vehicle sales in 2022, Edmunds expects about 4% to be electric vehicles.

All of this puts the hype around clean hydrogen into perspective. It takes time for entrenched technologies to come off the market, although government policies such as “money for the fools” can help pick up the pace.

Additionally, if the Office of Clean Energy Demonstrations seriously considers fossil-based hydrogen and carbon capture, the timeline for commercial viability could extend well beyond window 2030 to prevent catastrophic climate change.

This leaves yet other, more sustainable hydrogen supply options that are already beginning to emerge in the market. Most of the “green hydrogen” activity focuses on electrolysis systems which deploy renewable energies to push the hydrogen out of the water. The supply of hydrogen from biogas, wastewater and industrial waste gases is also part of the mix.

When it comes to phasing out existing systems, Mitsubishi and other leading engineering companies are already marketing gas turbines designed to switch to green hydrogen for power generation as supply increases. The global steel industry is also relying on green hydrogen for its clean energy transition. The shipping industry is mobilizing with the demand for green ammonia, produced by combining green hydrogen with nitrogen in ambient air, and agricultural players are testing the idea of ​​distributed production systems allowing farmers to produce their own green ammonia fertilizer on site.

Whether or not the Office of Clean Energy Demonstrations provides significant funding for fossil-fueled hydrogen projects remains to be seen, but the Department of Energy has recently focused more on green energy, so stay tuned. tuned for the next news on this.

Follow me on twitter @TinaMCasey.

Photo: US Secretary of Energy Jennifer Granholm via energy.gov.

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