Weekly Roundup: 22nd-28th February
- BRT Red line project’s work to begin in March 2022
- Toyota and Yamaha collaborate for hydrogen-fueled engine
- Toyota all set to launch first EV
Mass Transit
BRT Red Line Project: CM Sindh to lay foundation stone in March 2022
Chief Minister Sindh Syed Murad Ali Shah announced the foundation stone of Red Line Bus Rapid Transport (BRT) project will be laid this month. The Red Line will span over 26 km and is expected to have an average daily ridership of 625,000 passengers. Read more about this story here.
An Electrified Future
Toyota gears up to launch first EV
Toyota Motors is all set to launch its first electric vehicle. The upcoming BZ4X all-electric model will use a battery by Panasonic that uses a special coolant to keep them away from risk of catching fire easily and lasts longer than the rival products. Check out the full story here.
Panasonic will begin making Tesla EV batteries by March 2024
Panasonic has announced a new investment to start production of Tesla’s 4680 battery cell by the end of March 2024. It will begin mass production of the new lithium-ion battery which will help the carmaker lower production costs. The Japanese manufacturing company is the oldest battery partner. You can read the full story here.
Ford has no plans to spin off EV businesses
Ford Motor has no plans to spin off its electric vehicle or gasoline-powered vehicle businesses. Chief Executive Jim Farley said the company plans to beat Nio and Tesla, not match them. Earlier, some investors pushed Ford to spin off their EV operations as a way to better tap the value of those businesses. Check out the complete story here.
Harley Davidson’s electric motorcycle brand LiveWire plans to sell 100,000 by 2026
LiveWire, Harley Davidson’s electric motorcycle brand, is aiming to sell 100,000 units by 2026 and reach the revenue of $1.77 billion. The growth is expected to reach 190,000 sales by 2030 and generate revenue of $3 billion. You can read the complete story here.
On Clean Fuels
Toyota and Yamaha working on hydrogen-fueled engine
Yamaha and Toyota are collaborating on a hydrogen-fueled r V8 motor that could keep the internal combustion engine alive for decades. The companies are working together to find carbon-neutral alternatives for the automotive sector and achieve carbon neutrality by 2050. Here’s the full story.
About Us
This week in Transport is a weekly round-up of everything happening in the transportation world; from sustainable transport initiatives to expansion plans, and implementation of an intelligent transport system. Watch this space for more sector news!