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| Here is your daily Transportation briefing: - 🚗 U.S. unveiled new car regulations for tailpipe emissions.
- 🌊 Candela secured $25M for its EV boat.
- 🛠️ Bay Area startup Amber debuted AmberCare, an aftermarket warranty tailored for Tesla owners.
Comments/feedback are welcomed. Robel p/Robel-Kelkile | |
| 1 | | City officials in San Francisco announced plans to implement a pilot program by next year, installing thousands of curbside EV charging stations. The move would support the city's goal of becoming net-zero emissions by 2040. More: - District 8 Supervisor Rafael Mandelman announced the feasibility assessment of a curbside EV charging program alongside city leaders.
- The project's focus is on evaluating installation, operation, and maintenance logistics while considering the associated costs.
- San Francisco aims to have 25% of registered vehicles electric by 2030, aligning with California's plan to ban new gasoline-fueled vehicles by 2035.
- Curbside EV charging stations are seen as crucial for residents of multifamily housing who lack affordable EV charging options at home.
- Budget cuts and financial constraints pose challenges to infrastructure expansion, with the city planning to install 5,000 curbside charging stations by 2030, pending budgetary approval.
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| 2 | | The United States has unveiled new regulations for car tailpipe pollution, aiming to boost electric vehicle sales and reduce greenhouse gas emissions. Despite industry pushback and political opposition, the regulations project that 30 to 56 percent of new cars will be electric between 2030 and 2032. More: - The regulations aim to accelerate EV adoption and curb greenhouse gas emissions in the transportation sector.
- The latest regulations ease the initial tailpipe restrictions proposed last year, yet ultimately approach the stringent standards outlined by the Environmental Protection Agency.
- Despite not meeting earlier ambitious targets, the rules project a substantial increase in EV sales by 2030.
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| 3 | | A study by EIT InnoEnergy, an EU body, revealed that utilizing mixed electric fleets of e-cargo bikes and e-vans can yield significant cost savings for urban logistics providers. The study also found that introducing e-cargo bikes could alleviate traffic congestion and reduce emissions. More: - Mixed electric fleets comprising 80% e-cargo bikes and 20% e-vans could potentially save about €554M ($601.6M) annually by 2030 for a large logistics provider, reducing last-mile logistics emissions by up to 80%.
- E-cargo bikes are shown to decrease total costs per parcel compared to relying solely on e-vans, with potential savings increasing over time.
- An optimized scenario of 80% e-cargo bikes and 20% e-vans in a medium-sized city could result in significant cost savings, reaching up to €0.28 per parcel by 2030.
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| 4 | | Electric boat manufacturer Candela secured $25M in funding and launched its P-12 ferry in New Zealand. The round was led by Beneteau, with venture participation from EQT Ventures, Ocean Zero LLC, and Kan Dela AB. More: - Candela's hydrofoil-equipped electric boats offer significant energy savings by flying above the water surface at high speeds despite potential challenges such as log collisions, highlighting the ongoing evolution of electric propulsion technology in the boating industry.
- Candela has produced a total of 70 electric boats, gradually increasing in size over the years, with the P-12 ferry accommodating up to 30 passengers.
- The P-12 ferry's maiden voyage on New Zealand's Lake Manapōuri marks a significant step towards reducing emissions, saving around 240 tons per year.
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| 5 | | Cowboy introduced the Cowboy Cross — an all-road model designed for comfort and long-distance rides. Notable features include custom-designed larger tires, front fork suspension with hidden brake cables, adjustable seat post suspension, and ergonomic adjustments for improved comfort. More: - The bike offers two aluminum frame designs — step-over and step-through variants — in three colors, with added functionality such as a rear rack for accessories.
- Enhanced battery capacity promises a 50% increase, enabling riders to travel 60 to 120 km on a single charge, while a new diagnostic tool, "Check My Bike," aims to ensure long-term maintenance ease.
- With preorders starting at €3,499, Cowboy targets a broader market segment seeking comfort and reliability.
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| 6 | | Bay Area startup Amber launched AmberCare, an aftermarket warranty product tailored for Tesla Model Y, 3, S, and X owners, aiming to address the unique challenges and uncertainties surrounding EV ownership. With plans ranging from $40 to $120 per month, AmberCare covers drive units and batteries and offers repair assistance and transportation services. More: - The product addresses challenges such as high repair costs, limited warranty coverage for EV-specific parts, and the scarcity of repair shops equipped to handle EV maintenance.
- Amber CEO Joe Pak emphasized the company's vision to build a vertically integrated aftermarket warranty platform, supported by newly secured seed funding of $3.18M.
- AmberCare's initial rollout spans 10 states, with plans for expansion into California later in the year to comply with state regulations regarding aftermarket warranties.
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- A significant overhaul of the Bay Area public transit system could potentially entrust future funding to voters through ballot measures.
- Workers in LA City's transportation department have voted to authorize a strike.
- North Carolina's daily Amtrak passenger train service has experienced a 21% increase compared to the previous year.
- Alaska Airlines introduced a new subscription program, Alaska Access, catering to cost-conscious travelers seeking savings and convenience year-round.
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| Writer | | Born and raised in the Bay Area but currently residing in North Carolina, Robel Kelkile is passionate about all things tech, venture, and financial education. He has previously served both universities and state governments in their engagement strategy and tracking legislation. | | This newsletter was edited by Aaron Crutchfield | |
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| Join us at the Imagine AI Live conference, March 27-28, at the new Fontainebleau Las Vegas, and discover how AI is transforming the business landscape. | |
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