> ## Content Index
> Fetch the complete content index at: https://newsletters.qs.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# 🚋 Mobility Futures #13
- URL: https://newsletters.qs.com/mobility-futures-13/
- Published: 2024-10-14T11:30:19.000Z
- Updated: 2024-10-14T11:30:18.000Z
- 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 EU plans to impose tariffs of [up to 35.3%](https://finance.yahoo.com/news/german-carmakers-eu-electric-car-133332133.html?ref=newsletters.qs.com) on Chinese electric vehicles, raising concerns among German carmakers about potential industry disruption and higher prices. In the US, General Motors [surpassed](https://electrek.co/2024/10/08/gm-takes-shot-ford-after-taking-over-number-two-ev-brand/?ref=newsletters.qs.com) Ford as the second-largest EV brand after Tesla in the third quarter. Toyota invested an additional $500M in [Joby Aviation](https://futuretransport-news.com/toyota-invests-additional-500-million-in-joby-aviation/?ref=newsletters.qs.com) to advance electric air taxi development. Danish shipping giant Maersk expects a [global CO2 levy](https://dredgewire.com/maersk-expects-ship-regulator-to-approve-global-co2-levy-in-2025/?ref=newsletters.qs.com) to be approved by the IMO in 2025\. Meanwhile, Saudi Arabian Railways is acquiring [15 high-speed trains](https://www.railway.supply/en/saudi-arabian-railways-expands-fleet-with-new-high-speed-trains/?ref=newsletters.qs.com) and Detroit-based electric RV startup Grounded raised [$3.5M](https://www.crainsdetroit.com/technology/grounded-electric-rv-startup-raises-35m-pre-seed-round?ref=newsletters.qs.com) in pre-seed funding to support its growth.

## 🚘 Ground Mobility   

**🚘 EU Tariffs on Chinese Electric Cars Could Raise Prices, Warn German Carmakers.** The European Union paved the way for punitive tariffs of [up to 35.3%](https://finance.yahoo.com/news/german-carmakers-eu-electric-car-133332133.html?ref=newsletters.qs.com) on battery-powered electric vehicles from China, which German carmakers warn could significantly damage Germany's automotive industry and lead to higher consumer prices.

**🚗 GM overtakes Ford as the second-largest EV brand in the US.** General Motors (GM) surpassed Ford to become the second-largest EV brand in the US after Tesla during the [third quarter of 2024](https://electrek.co/2024/10/08/gm-takes-shot-ford-after-taking-over-number-two-ev-brand/?ref=newsletters.qs.com).

**🚘 Hyundai and Waymo Form Strategic Partnership.** Hyundai Motor Company and Waymo, a leading autonomous driving technology company, entered a [multi-year strategic partnership.](https://www.greencarcongress.com/2024/10/20241005-hyundaiwaymo.html?ref=newsletters.qs.com) The partnership involves integrating Waymo’s fully autonomous driving technology, the Waymo Driver, into Hyundai’s all-electric IONIQ 5 SUVs, which will be added to the Waymo One autonomous ride-hailing fleet.

## 🛬 Aviation  

**🚁 Toyota Boosts Investment in Joby Aviation for Electric Air Taxis.** Toyota Motor Corporation invested an additional [$500M](https://futuretransport-news.com/toyota-invests-additional-500-million-in-joby-aviation/?ref=newsletters.qs.com) in Joby Aviation, a company developing electric air taxis, to support the certification and commercial production of Joby's aircraft.

**🛩️ Brazil's First Flying Car Takes Flight.** Brazil made history with the [first flight of a flying car](https://www.hurfpostbrasil.com/brazils-first-flying-car/?ref=newsletters.qs.com) in Sao Paulo, opening up possibilities for eco-friendly urban air travel.

**🛩️ Urban Air Mobility Market Sees Rapid Growth Driven by Innovation.** The Urban Air Mobility Market is experiencing rapid growth at a [29.7% CAGR](https://www.openpr.com/news/3683799/urban-air-mobility-market-grows-29-7-cagr-driven-by-innovation?ref=newsletters.qs.com), driven by innovation in the industry according to a press release from market research firm Persistent Market Research.

## 🚋 Rail   

**🚈 Saudi Arabian Railways Acquires New High-Speed Trains**. Saudi Arabian Railways is purchasing [15 new high-speed trains](https://www.railway.supply/en/saudi-arabian-railways-expands-fleet-with-new-high-speed-trains/?ref=newsletters.qs.com) to improve its North-South rail route and enhance passenger services.

**🚉 Vietnam to Build $67B High-Speed Railway.** The Vietnamese government plans to fully finance a [$67B high-speed railway project](https://www.railway.supply/en/high-speed-railway-to-connect-north-and-south-vietnam-for-67-billion/?ref=newsletters.qs.com) connecting the north and south of the country without foreign loans.

**🚈 Network Rail Signs Agreement with Korean Rail Research Institute.** Network Rail, a rail infrastructure company in the UK, has signed a Memorandum of Understanding (MoU) with the Korean Rail Research Institute (KRRI). The MoU focuses on developing technology to improve [railway resilience](https://www.railwaypro.com/wp/network-rail-and-krri-sign-agreement/?ref=newsletters.qs.com), especially against extreme weather conditions.

## 🚢 Marine  

**🛥️ Maersk Expects Global CO2 Levy Approval by Ship Regulator in 2025\.** Maersk, a Danish shipping company, expects the International Maritime Organization (IMO), a global ship regulator, to approve a global [CO2 levy in 2025](https://dredgewire.com/maersk-expects-ship-regulator-to-approve-global-co2-levy-in-2025/?ref=newsletters.qs.com).

**🛳️ New Green Shipping Technology Unveiled.** A2O Manufacturing, in a joint venture with Daresbury, has developed a prototype [wind-assisted propulsion system](https://businesscloud.co.uk/news/sci-tech-daresbury-jv-produces-the-airwing/?ref=newsletters.qs.com) called the AirWing for GT Wings, aimed at making shipping more environmentally friendly.

**🛥️ BIMCO Approves First Autonomous Ship Management Agreement.** BIMCO's Documentary Committee has adopted the AUTOSHIPMAN agreement to address the increasing use of [remotely controlled ships](https://www.marinelink.com/news/bimco-approves-first-autonomous-ship-517928?ref=newsletters.qs.com).

## **💰** Deals of the Week  

**🛫 Toyota Invests in Electric Air Taxi Startup Joby Aviation.** Toyota Motor Corporation increased its investment in Joby Aviation, an electric air taxi startup, bringing its total stake to [$894M](https://www.thedrive.com/news/toyotas-betting-big-on-electric-air-taxis?ref=newsletters.qs.com).

**🚙 Electric RV startup Grounded raises $3.5M in pre-seed funding.** Grounded, a Detroit-based electric RV startup, closed a [$3.5M](https://www.crainsdetroit.com/technology/grounded-electric-rv-startup-raises-35m-pre-seed-round?ref=newsletters.qs.com) pre-seed funding round.

**🛩️ Jet Parts Engineering Acquires Mitchell PMA Division.** Jet Parts Engineering [acquired](https://avitrader.com/2024/10/08/jet-parts-engineering-acquires-mitchell-pma/?ref=newsletters.qs.com) Mitchell PMA, the PMA division of Mitchell Aircraft.

**🛵 Palantir Acquires Stake in Faraday Future.** Palantir, a software company, acquired an [8.7% stake](https://techcrunch.com/2024/10/09/palantir-now-owns-nearly-9-percent-of-ev-startup-faraday-future/?ref=newsletters.qs.com) in Faraday Future, an electric vehicle startup, according to a recent SEC filing.

**🛳️ MSC to acquire port operator and logistics firm.** MSC, a maritime shipping company, is set to acquire a [Hamburg port](https://trans.info/en/msc-s-acquisition-of-stake-in-hamburg-port-approved-397037?ref=newsletters.qs.com) operator and a French logistics firm.

---

**Thank you for reading. Have a great week ahead!**  
Have some feedback or suggestions? Let us know at hello@holoniq.com

[ ](https://newsletters.qs.com/psychedelic-mental-health-treatments-south-asia-health-tech-100-2/)