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This co-funding will go towards the vehicle lease costs of 12 BMW i3’s, charging infrastructure and marketing, with the aim of increasing EV demand within the rental vehicle sector, which is the largest corporate purchaser of passenger vehicles in New Zealand.
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The CRUSE Project’s aim is to bring EV carsharing services to underserved rural communities nationwide, providing rural America with improved transportation access, energy efficiency, and environmental benefits at lower costs to users.
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The investment by IAC makes the media and internet conglomerate the largest shareholder in the peer-to-peer rental company.
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The investor, Turners Automotive Group, is a New Zealand based integrated automotive financial service group, primarily operating in the automotive sector, and provides strength in the three key areas of automotive retail, finance and insurance, and debt management systems.
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Ravin uses computer vision and machine learning to detect and analyze vehicle damage with standard cameras and without the use of specialized hardware.
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Given the potential for future government shutdowns, uncertainty in spending on public sector travel will continue through 2019.
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Virtuo, headquartered in Paris, operates in France, Belgium, and London.
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The court will review the Court of Appeals’ March ruling that the use of transportation money wasn’t expected to cover taxes or fees related to vehicles.
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The investment from Enterprise’s venture capital arm, Clayton Venture Partners, will help Migo expand discovery services for consumers and its transportation partners: Uber, Lyft, Car2Go, Lime, and Yellow Cab.
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Working in partnership with the nonprofit carsharing service Hourcar and Xcel Energy, the city of St. Paul, Minn., applied for federal funding through the Congestion Mitigation and Air Quality Improvement Program.
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