Analyst Insight | March 25, 2021
Just over a year ago, the World Health Organization (WHO) officially declared a global pandemic. At the time, there was a great deal of uncertainty about how COVID‑19 would impact the energy industry. More than 12 months later, we witnessed a 20% drop in oil demand, a 5% reduction in electricity ... Not part of subscription
News Commentary | May 24, 2021
Innovusion recently raised a $64 million VC investment lead by Nio Capital, Temasek, and Joy Capital to scale up production, allowing it to supply lidar sensors to Nio, a China‑based EV manufacturer. Innovusion has secured orders from Nio, which will include lidar in the ET7 model as a standard ... Not part of subscription
News Commentary | December 02, 2021
The funding secured by Opibus is the largest in electric mobility for sub‑Saharan Africa, and $7.5 million will be utilized to scale the company's electric motorcycle and bus manufacturing operations. Kenya has seen a large investment in electric mobility after the country's increasing bid to adopt ... Not part of subscription
by Chloe Herrera
In 2017, Rolls-Royce and Airbus launched the E-Fan X hybrid-electric flight demonstration project. Since completing key milestones earlier in 2020, the E-Fan X was scheduled to begin test flights in 2021. However, it had yet to incorporate the hybrid-electric propulsion system. In the wake of major disruptions to the aviation industry due to COVID-19, cutting of a resource-intensive joint program is expected. Both companies cited an improved knowledge of hybrid-electric propulsion systems, CO2 emissions reduction, and future certification and regulatory acceptance for future technology. Clients should expect smaller-scale future electrification efforts from both companies, but only when the aviation industry is more secure.
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