Category Archives: Business

01Sep/23

HYZON MOTORS SUCCESSFULLY COMPLETES FIRST CUSTOMER DEMO OF LIQUID HYDROGEN FUEL CELL ELECTRIC TRUCK

Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles, Performance Food Group, Inc. (PFG) (NYSE: PFGC), one of the largest food and foodservice distribution companies in North America, and Chart Industries, Inc. (Chart) (NYSE: GTLS), a leading global manufacturer of highly engineered equipment servicing multiple applications in the clean energy and industrial gas market, today announced successful completion of Hyzon’s first commercial run with a liquid hydrogen fuel cell electric vehicle (LH2 FCEV). Continue reading

29Aug/23

What is Mayor Khan’s ULEZ zone extension?

29 August 2023 /Transport/ –The Ultra Low Emission Zone (ULEZ) is a low-emission zone in London, England. It was introduced in April 2019 and expanded to cover all London boroughs on August 29, 2023. The ULEZ charges drivers of vehicles that do not meet certain emission standards a daily fee to drive within the zone. The aim of the ULEZ is to reduce air pollution in London.

Continue reading

19Aug/23

What to do in a ship fire like that of the Fremantle Highway?

The large ship fire on the Fremantle Highway has once again shown that the transport of electric cars entails other risks. The approach to an incipient fire also requires a different approach. And while the fire on the Fremantle Highway ended relatively well, it was close to a bigger disaster. That is why FMTC, specialist in safety training for the offshore and maritime sector, among others, provides more insight into the specific characteristics of a ship fire with a high-risk cargo, such as electric cars. How does such a fire start, how do you fight it and what measures can you take to prevent a recurrence of this near-disaster? Continue reading

19Aug/23

The Fintech Fueling Europe’s Digital Currency Revolution: Perfinal’s Role in Europe’s first Live CBDC Project

Europe has recently witnessed the launch of its first live Central Bank Digital Currency (CBDC) project launched by The Central Bank of Hungary, with Perfinal taking center stage as the fintech backbone of this monumental transition. This remarkable initiative places Perfinal at the forefront of a digital currency revolution, as the financial world grapples with blending traditional mechanisms with new-age digital innovations. Continue reading

17Aug/23

EV Charge Anxiety: 67 percent of UK EV drivers prepared to pay to reserve a charging bay

The lack of availability and accessibility of current EV charge points, coupled with damaged infrastructure, incompatibility and inadequate payment options is causing frustration amongst UK EV drivers. As a result, over two-thirds (67 percent) of respondents are prepared to pay a premium to reserve a public charging bay to ensure they can power up their vehicles. Just over a quarter (27 percent) are willing to part with up to £10, and 33 percent up to £5. A further 7 percent would even be prepared to go higher at over £10, all to avoid ‘charge anxiety’. Continue reading

17Aug/23

The “Digital Wallet Race” Intensifies as Banks and Fintechs in Europe and Around the World Invest in Insurance: Chubb Survey

A new survey from Chubb, the world’s largest publicly traded property and casualty insurance company, reveals that a majority (56%) of financial executives involved in insurance decision-making globally expect to generate more than 10% of their revenue from embedded insurance within three years. Today, just 11% of firms in Europe report that level of revenue, compared to 20% globally, but 62% say their customers are interested in obtaining embedded insurance. Continue reading

12Aug/23

This Week in Transportation News: 13 Stories You Need to See

With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the auto and transportation industries stay on top of the week’s most newsworthy and popular releases, here’s a roundup of stories from the week that shouldn’t be missed. Continue reading