In 2016, after growing at a rate of 24% CAGR since 2002, China’s electric two-wheeler market peaked at around 32 million. (Image source: Adobe stock)
With China being the largest electric vehicle market in the world, some 29.66 million were produced in 2020, however, the market is no longer seeing the explosive growth of the past, said the IDTechEx report “Electric Two-wheelers 2021–2041”
The acquisition aims to support Hapag-Lloyd’s strategy to grow in Africa. (Image source: Adobe Stock)
Hapag-Lloyd has closed the acquisition of the Dutch container shipping company Nile Dutch Investments BV (NileDutch)
Due to the required compact dimensions of a city fire truck, Volvo Penta created a new Active Cooling Unit (ACU). (Image source: Volvo Penta)
Volvo Penta has commenced production of bespoke electric drivelines for leading fire service vehicle manufacturer Rosenbauer’s pioneering fire truck, named “Revolutionary Technology” (RT)
Following the acquisition, BidAir Services becomes NAS Colossal Aviation Services and is part of NAS, the largest airport services network in Africa. (Image source: Adobe Stock)
National Aviation Services (NAS), Colossal Africa and a consortium of current executive management from BidAir Services announced the closing after the fulfillment of all final requirements from the Airports Company of South Africa (ACSA) and other regulatory approvals
The event also included a symbolic ground-breaking for the new Berbera Economic Zone, the first phase of which is under construction. (Image source: DP World)
DP World, a leading provider of integrated logistics solutions, and the government of Somaliland, have inaugurated the new container terminal at Berbera Port, following completion of the first phase of the port’s expansion as part of its development into a major regional trade hub to serve the Horn of Africa
