The Israeli eMobility start-up Ree Automotive moves to the US stock exchange Nasdaq through a merger with the investment company, 10X Capital Venture Acquisition Corporation. The SPAC deal is expected to bring Ree about half a billion dollars.
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ElectReon Wireless, the Israeli company, specialising in inductive charging for electric vehicles, has signed an MoU with road construction company Eurovia. They jointly want to build wireless charging into road systems in Germany, France and Belgium.
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Tesla has started deliveries of the first Model 3s produced in the Shanghai plant to customers. The first 15 vehicles were handed over to Tesla employees during a special event. According to a Reuters report, regular customers will also receive their vehicles from 7 January onwards.
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Tel Aviv is currently drawing up a strategic plan for the electrification of traffic in the Israeli city. This also includes banning “polluting vehicles” from Tel Aviv as of 2025. In the rest of the country, combustion engines will also be inexorably facing extinction.
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Israel aims to stop the use of fossil fuels such as coal, gasoline and diesel in energy and transport by 2030, Energy Minister Yuval Steinitz stated at a conference in Tel Aviv. The goal is to rely solely on renewable energy and natural gas.
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In-road charging start-up ElectRoad has found a new investor in bus maker Dan Bus from Tel Aviv that wants to invest 2.2 million dollars. The Israeli company that had recently presented its dynamic inductive charging technology.
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