Porsche is serious about proving that its synthetic fuel is a viable alternative to gasoline in an increasingly electrified world. The company announced all of the cars that will compete in the 2024 Supercup series will burn the e-fuel it manufactures in a plant in southern Chile. Held annually since 1993, Supercup is a one-make [...]read morePorsche will run an entire race series using only synthetic fuels
BEIJING/SHANGHAI — Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom in EV exports, data showed, putting China on course to amass the world’s fourth-largest fleet by 2028. China currently has the world’s eighth-largest fleet with 33 car-carrying ships, showed data from shipping consultancy Veson Nautical. Japan has [...]read moreChina’s EV export boom fuels surge in demand for new car-carrying ships
Shadowfax, one of the largest logistics service providers to hyper-local and on-demand delivery businesses in India, has raised $100 million in a new funding round as it clocks an yearly growth of over 35%. TPG NewQuest led Shadowfax’s Series E financing round, which includes some secondary transactions, the startup said on Tuesday. TechCrunch reported last [...]read moreShadowfax speeds ahead with $100M funding as instant delivery boom fuels growth