in 2021) in April 2023, but it appears that plan for liquidity has fallen through.Īs regular readers of The Station might recall, this whole double SPAC business raised a few of our eyebrows. The company announced a plan to de-SPAC (it debuted publicly via SPAC with CIIG Merger Corp. Troubled British commercial EV maker Arrival has killed off what would have been its second SPAC deal with Kensington Capital Acquisition Corp.
Upway is partnering with Super73 to handle reselling all pre-owned e-bikes.Ī 12-year-old boy died while riding a Voi e-scooter in Birmingham, U.K., prompting the city to require selfie checks from riders in order to avoid underage riding. NYC is inviting delivery workers to apply for the city’s e-bike trade-in program to get potentially fire-causing e-bike batteries off the streets. And the best part is, MANY of these companies are holding sales at the moment, so get in now for some great midsummer deals!įormer Aston Martin boss Andy Palmer wants his Hilo One to “be the Volvo of scooters.” We did a big e-bike roundup, so you can find the best electric bike to suit your needs - whether you’re a commuter or a delivery worker, a parent or a senior, a bargain hunter or a mountain biker. It just goes to show, government subsidies help people buy green alternatives, and they can boost nascent industries. This not only affects consumers, but it could also cause consolidation in the industry and even exits of some players.
In June, sales dropped more than 56%, and it marked the lowest sales month in about a year. Changes to the scheme resulted in a sudden sales disruption. In May, the Indian government revised its incentive scheme, reducing subsidies from $183 per kWh (up to 40% of the vehicle price) to $122 per kWh of battery capacity (up to 15% of vehicle price). India has been leading the shift to electric two-wheelers, but the rollback of a popular government incentive has caused sales to nosedive, Jagmeet Singh reports. Reporter Rebecca Bellan is back in the driver’s seat the next couple of weeks as I stash my laptop and head out for some adventures (planes, ferries and bikes included). Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B.
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