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# 🚋 Mobility Futures #12
- URL: https://newsletters.qs.com/mobility-futures-12/
- Published: 2024-10-07T11:30:25.000Z
- Updated: 2024-10-07T11:30:24.000Z
- Description: HolonIQ's Mobility Newsletter covers the latest developments in aviation, rail, and marine and highlights the week's top mobility deals.
- Author: QS
- Tags: Green Skills

**Happy Monday 👋**   
  
The European Union is set to vote on October 4th to impose up to [35% tariffs](https://europe.autonews.com/automakers/eu-china-ev-dispute-oct-date-set-vote-approve-tariffs?ref=newsletters.qs.com) on Chinese electric vehicle imports unless opposed by member states, marking a significant move in the global EV market. Embraer developed an [automatic takeoff system](https://simpleflying.com/how-embraer-is-configuring-airplanes-to-take-off-by-themselves/?ref=newsletters.qs.com), enabling airplanes to take off without pilot intervention, applicable to multiple aircraft models, including E-Jets. In Sweden, hydrogen-powered locomotives are set to be [introduced](https://www.railway.supply/en/hydrogen-locomotives-in-sweden-pesa-to-introduce-green-rail-transport-by-2028/?ref=newsletters.qs.com) by 2027-2028, promoting eco-friendly rail transport. Meanwhile, electric vehicle company Nio secured [$1.9B](https://europe.autonews.com/automakers/nio-secures-19-billion-injection-parent-shareholders?ref=newsletters.qs.com) in funding despite facing a $616M loss in Q2, addressing concerns over its cash burn.

## 🚘 Ground Mobility   

**🚘 EU to Vote on Tariffs for Chinese Electric Vehicles.** The European Union plans to vote on October 4th to impose [up to 35%](https://europe.autonews.com/automakers/eu-china-ev-dispute-oct-date-set-vote-approve-tariffs?ref=newsletters.qs.com) tariffs on electric vehicles imported from China unless most member states oppose the move. This involves the EU and China in the electric vehicle industry.

**🚗 Electric and hybrid cars are expected to dominate Brazil's auto market by 2030.** A study by Boston Consulting Group commissioned by Brazil's automakers association, Anfavea, showed that sales of new fully electric or hybrid cars in Brazil are expected to [surpass](https://finance.yahoo.com/news/hybrid-electric-car-sales-outpace-201518755.html?ref=newsletters.qs.com) sales of vehicles with combustion engines by 2030 and reach over 90% of the domestic market by 2040.

**🚗 Waymo and Tesla Race to Launch Self-Driving Taxis.** Waymo, owned by Alphabet, announced that its autonomous vehicles will soon be available for Uber customers in Austin, Texas. At the same time, Tesla plans to reveal its prototype of a [self-driving taxi](https://www.theinformation.com/articles/why-waymo-could-speed-past-uber?ref=newsletters.qs.com) on October 10th.

## 🛬 Aviation  

**🚁 The global Helicopter Blades Market is Projected to Grow Significantly.** A report by Techanvio predicts that the helicopter blades market will grow by [$146.6M](https://www.prnewswire.com/news-releases/helicopter-blades-market-to-grow-by-usd-146-6-million-from-2024-2028--driven-by-advanced-composite-materials-and-ai-innovations-302261047.html?ref=newsletters.qs.com) from 2024 to 2028, driven by advancements in composite materials and AI technologies.

**🛩️ Embraer's Self-Flying Takeoff System.** Embraer, a Brazilian aerospace company, developed an automatic takeoff system that allows airplanes to take off [without](https://simpleflying.com/how-embraer-is-configuring-airplanes-to-take-off-by-themselves/?ref=newsletters.qs.com) pilot intervention. This technology is not limited to Embraer's E-Jets and can be applied to other aircraft.

**🛩️ Lilium Powers On First eVTOL Jet Ahead of Maiden Flight.** Lilium, a company developing electric vertical take-off and landing (eVTOL) jets, powered the first Lilium Jet, marking a significant [milestone](https://www.urbanairmobilitynews.com/air-taxis/lilium-reports-the-first-systems-power-on-milestone-of-its-lilium-jet/?ref=newsletters.qs.com) towards its first flight.

## 🚋 Rail   

**🛤️ Hydrogen Locomotives Coming to Sweden.** Pesa, Vate Rail, and Hankavik plan to introduce [hydrogen-powered](https://www.railway.supply/en/hydrogen-locomotives-in-sweden-pesa-to-introduce-green-rail-transport-by-2028/?ref=newsletters.qs.com) locomotives in Sweden by 2027-2028 to promote sustainable and eco-friendly rail transport.

**🚉 Siemens and Beacon Sign Locomotive Deal.** Siemens Mobility and Beacon have signed a major [framework](https://www.railwaypro.com/wp/siemens-and-beacon-sign-vectron-deal/?ref=newsletters.qs.com) agreement to deliver Vectron multi-system locomotives.

**🚈 India's First Hydrogen Train Gets 1 MW Electrolyser/** GreenH Electrolysis, a company, inaugurated a 1 MW PEM electrolyzer in Jhajjar, Haryana, for [India's first](https://solarquarter.com/2024/10/01/greenh-electrolysis-unveils-1-mw-pem-electrolyser-in-haryana-for-indias-first-hydrogen-train/?ref=newsletters.qs.com) hydrogen-powered train.

## 🚢 Marine  

**🛤️ Hydrogen Locomotives Coming to Sweden.** Pesa, Vate Rail, and Hankavik plan to introduce [hydrogen-powered](https://www.railway.supply/en/hydrogen-locomotives-in-sweden-pesa-to-introduce-green-rail-transport-by-2028/?ref=newsletters.qs.com) locomotives in Sweden by 2027-2028 to promote sustainable and eco-friendly rail transport.

**🛳️ ABS Approves Ammonia Fuel System for Nikkiso.** American Bureau of Shipping [approved](https://www.offshore-energy.biz/nikkisos-ammonia-fuel-retrofit-solution-earns-abs-approval/?ref=newsletters.qs.com) Nikkiso Clean Energy & Industrial Gases' ammonia fuel supply system. Nikkiso Clean Energy & Industrial Gases is a company involved.

**🛥️ REGENT Seaglider Prototype Development Advances.** REGENT Craft, a US-based company, has started integrating hardware and systems for its [full-scale](https://www.manilatimes.net/2024/10/02/tmt-newswire/globenewswire/regent-begins-next-phase-of-full-scale-seaglider-prototype-development/1977668?ref=newsletters.qs.com) sea glider prototype. A full-scale sea glider prototype is a life-size, electrically powered maritime vehicle designed to fly close to water using ground effect for efficient, fast, and sustainable coastal transport.

## **💰** Deals of the Week  

**🚙 Nio secures $1.9B funding amid losses.** Nio, an unprofitable electric vehicle company, received a [$1.9B](https://europe.autonews.com/automakers/nio-secures-19-billion-injection-parent-shareholders?ref=newsletters.qs.com) cash injection from its parent company and investors to address its cash burn concerns despite reporting a $616M second-quarter loss.

**🛫 StandardAero's Upsized $1.4B IPO.** StandardAero Inc., an aerospace services provider backed by private equity, raised over [$1.4B](https://www.law360.com/articles/1885447/latham-milbank-guide-standardaero-s-upsized-1-4b-ipo?ref=newsletters.qs.com) in an upsized initial public offering (IPO), one of the largest IPOs of the year. Latham & Watkins advised StandardAero, and Milbank advised the IPO underwriters.

**🛩️ Powerfleet Acquires Fleet Complete to Expand IoT Solutions.** Powerfleet [acquired ](https://greenstocknews.com/news/nasdaq/pwfl/powerfleet-closes-strategic-acquisition-of-fleet-complete?ref=newsletters.qs.com)Fleet Complete, a provider of connected vehicle solutions, to expand its IoT offerings in the mobility industry.

**🚚 E-scooter giants TIER and Dott have merged to form TIER-Dott.** TIER Mobility, a Berlin-based e-scooter company, and Dott, an Amsterdam-based e-scooter company, [merged](https://siliconcanals.com/tier-rebrands-to-dott/?ref=newsletters.qs.com) to create a new joint entity called TIER-Dott.

**💰 Qatar Airways Acquires Stake in Virgin Australia.** Qatar Airways is [acquiring](https://gulfbusiness.com/qatar-airways-to-acquire-25-virgin-australia/?ref=newsletters.qs.com) a 25% stake in Virgin Australia. The deal also proposes giving Virgin Australia access to widebody planes through wet lease.

**🛵 Universal Logistics Acquires Rail Terminal Operator Parsec.** Universal Logistics Holdings, Inc. [acquired](https://finance.yahoo.com/news/universal-logistics-acquires-rail-terminal-162131138.html?ref=newsletters.qs.com) Parsec, LLC, Parsec Intermodal of Canada ULC, and OB Trucking, Inc., a market-leading rail terminal operator.

**🚒 Chinese Bike Component Maker Acquires Majority Stake in Spanish Brand.** WheelTop, a Chinese manufacturer of bicycle components, [acquired](https://bikebiz.com/chinese-oem-wheeltop-acquires-majority-stake-in-rotor/?ref=newsletters.qs.com) a majority stake in Rotor, a Spanish brand that makes components like cranksets and electronic shifting systems.

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**Thank you for reading. Have a great week ahead!**  
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