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Tag: Emissions

Maldivian orders its first ATR aircraft; 1 ATR 42-600 and 2 ATR 72-600s

ATR made this announcement: The national airline of the Maldives, Island Aviation Services Ltd (dba. Maldivian), and ATR are pleased to announce the signing of a contract for the purchase of the airline’s first ATR aircraft: two ATR 72-600s and one ATR 42-600. The three aircraft will be delivered in 2022. The ATR 72-600 and […]

BYD Partners with Nuro to Manufacture All-Electric Autonomous Delivery Vehicle

LOS ANGELES, CA, Jan 18, 2022 - (ACN Newswire) - BYD Co., Ltd. announced its partnership with leading autonomous vehicle company Nuro to begin producing the company's third-generation electric autonomous delivery vehicle. The partnership is expected to scale Nuro's more affordable, eco-friendly, and convenient services to millions of people across the country.

Nuro'third-generation electric autonomous delivery vehicle.

Nuro's third-generation autonomous delivery vehicle features greater payload.

Nuro's third-generation autonomous delivery vehicle features greater payload.


"BYD will leverage the manufacturing capacity of our Lancaster plant by finishing assembly of globally sourced hardware components to support Nuro and bring more jobs to the community," said Stella Li, Executive Vice President of BYD Co. Ltd. and President of BYD North America, "Together we will build this autonomous delivery vehicle, with the mutual goal of creating a safer environment on streets across the United States."

Today's announcement follows Nuro's $600 million Series D funding round which closed in Q4 2021 and was led by Tiger Global Management with participation from other investors.

Combining both partners' advanced technology, Nuro's third-generation autonomous delivery vehicle will feature greater payload and new safety technologies. With twice the cargo volume of Nuro's current R2 model, the automotive production grade vehicle will also feature modular inserts to customize storage and new temperature-controlled compartments to keep goods warm or cool. Safety enhancements include an external airbag to further improve safety for pedestrians outside the vehicle, as well as a multi-modal sensing suite, including cameras, radars, lidar, and thermal cameras, creating a redundant 360-degree view of the world.

Nuro was founded in 2016 by Jiajun Zhu and Dave Ferguson, former principal engineers of Google's self-driving car team. Specializing in developing zero-occupant vehicles designed specifically for transporting goods and not passengers, Nuro has launched two generations of autonomous vehicles, introduced delivery service with industry leaders including Domino's, Kroger, and 7-Eleven, and announced a multi-year partnership with FedEx.

"BYD is one of the largest OEM networks of electric vehicles in the world, and we are thrilled to partner with them to help us move one step closer to scaled commercial operations," said Jiajun Zhu, Nuro co-founder and CEO. "We look forward to transforming the hardware components of BYD's globally sourced electric vehicle platform into innovative autonomous vehicles capable of operating on public roads at our new facility here in America. Through our partnership with BYD, we plan to produce autonomous vehicles at scale that can improve road safety, air quality, and overall access to goods."

As a leader in the NEV industry, BYD has innovated rich technologies in the field of electrification. In this project, BYD is jointly working with Nuro on vehicle development, and is responsible for vehicle manufacturing and initial vehicle testing, and provides hardware like the Blade Battery, electric motors, electronic controls, and displays for human-machine interaction. Nuro integrates technologies such as autonomous driving, control modules and sensors. BYD will finish assembly of the hardware platform at its Lancaster plant in the United States using globally sourced components. Nuro will then complete the vehicle manufacturing process by installing and testing the autonomy systems that will make the platform capable of operation at the company's new facilities in southern Nevada.

About BYD
BYD (Build Your Dreams) is a multinational high-tech company devoted to leveraging technological innovations for a better life. BYD now has four industries including Auto, Electronics, New Energy, and Rail Transit. Since its foundation in 1995, the company quickly developed solid expertise in rechargeable batteries and became a relentless advocate of sustainable development, successfully expanding its renewable energy solutions globally with operations in over 50 countries and regions. Its creation of a Zero Emissions Energy Solution, comprising affordable solar power generation, reliable energy storage, and cutting-edge electrified transportation, has made it an industry leader in the energy and transportation sectors. BYD is a Warren Buffet-backed company and is listed both on the Hong Kong and Shenzhen Stock Exchanges. More information on the company can be found at http://www.byd.com.

Contact:
Asia-Pacific: Mia Gu, mia.gu@byd.com, tel: +86-755-8988-8888-69666
Europe: Penny Peng, penny.peng@byd.com, tel: +31-102070888
North America: Frank Girardot, frank.girardot@byd.com, tel: +1 213 245 6503
Latin America: Sofia Mardones, sofia.mardones@byd.com, tel: +56 9 9821 6851
Brazil: Adalberto Maluf, adalberto.maluf@byd.com, tel: +19 3514 2554

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comBYD Co., Ltd. announced its partnership with leading autonomous vehicle company Nuro to begin producing the company's third-generation electric autonomous delivery vehicle. The partnership is expected to scale Nuro's more affordable, eco-friendly, and convenient services to millions of people across the country.

How Will Tariffs Affect Sustainability Efforts for Global Manufacturers?

Many factors affect carbon dioxide (CO2) emissions during steel production, including capacity utilization, facility age and upkeep, the electricity grid, and environmental regulations. Secondary steel production, which makes up about 70% of the steel that’s produced in the US, releases significantly less CO2 than primary steel production. As a result, the US is looking to create incentives for other countries to use this method over primary steel production.

While such a move certainly bodes well in the overall drive to encourage more sustainable practices, it also underscores how variable the market and rules of the game can be. Short-term incentives are helpful, but building supply chain resilience and strengthening sustainability practices will also take investment in supply chain technology that enables dynamic partnering, smarter order and transportation management, and better analytics to regularly – and effectively – shift and adapt to the ever-evolving playing field.

Cannabis Produced Without Growing The Plant: Sci-Fi Or Futuristic Technology?

Cannabis Produced Without Growing The Plant: Sci-Fi Or Futuristic Technology?

A biotech company recently announced it has produced some 22 pounds of full-spectrum cannabis biomass at a commercial scale without growing the plant itself.

The post Cannabis Produced Without Growing The Plant: Sci-Fi Or Futuristic Technology? appeared first on The Fresh Toast.

What the Year of the Tiger Will Bring for the Asian Markets – A Conversation with Finalto’s Alex Yap

From a major rebranding exercise to upheavals in the Asian markets throughout the year, it was busy 2021 for Finalto. Who would know better about this than Alex Yap, Head of Institutional Sales for Asia at Finalto? Today, we are in conversation with Alex about how last year treated the leading fintech company and what […]

The post What the Year of the Tiger Will Bring for the Asian Markets – A Conversation with Finalto’s Alex Yap appeared first on Fintech News.

BMW Isn’t Done With Internal Combustion, New Engines In Development

Gasoline and diesel mills are underway, including six- and eight-cylinder versions.

DigFin Green: Stephen Jue, PortageBay, for ESG funds

H.K. startup PortageBay is using data and AI to help fund managers create bespoke ESG portfolios.

The post DigFin Green: Stephen Jue, PortageBay, for ESG funds appeared first on Digital Finance.

AccoinGreen ($ACCG) Review – IEO Is Now Live on Coinsbit

Attention crypto enthusiasts who hate pump-and-dump schemes and love innovation! You are in for a treat. Today we look into the payments-focused cryptocurrency AccoinGreen $ACCG. Australian Crypto Coin PTY LTD issues $ACCG, a family-built, operated, and run company in Queensland and registered with the Australian Securities and Investments Commission. This is straight off inviting because […]

The post AccoinGreen ($ACCG) Review – IEO Is Now Live on Coinsbit appeared first on NullTX.

Will Ethereum’s Triple Halving Debunk Ethereum Killers, Taking The ETH Price To $10K In Q3?

Ethereum

The post Will Ethereum’s Triple Halving Debunk Ethereum Killers, Taking The ETH Price To $10K In Q3? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The world of digital coins has been yearning for the commencement of the alt season. Which is currently in the mist, as digital assets have been crab walking on the charts. While the star crypto has been facing the wrath of economic turmoil and regulatory implications. The maestro of altcoins has been taking the brunt …

Transatlantic Hops: US DOT Approves Norse Atlantic Airways’ Flight Application

The United States Department of Transportation (DoT) yesterday approved Norse Atlantic Airways’ application for flights across the Atlantic…

OLB Group Opens Major Crypto Mining Enterprise in Pennsylvania

Fintech merchant services provider and crypto mining firm The OLB Group, Inc. has signed a long-term lease on a 10,000 square foot warehouse in Bradford, Pennsylvania. The building can store as many as 2,000 Antminer machines and is situated in an industrial park near the city’s regional airport as a means of limiting the noise...

The post OLB Group Opens Major Crypto Mining Enterprise in Pennsylvania appeared first on Live Bitcoin News.

Smartwings Triples Its Passengers From 2020 To 2021

Smartwings Group, the Czech airline group that owns the country’s flag carrier Czech Airlines, saw an incredible 199%…

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