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# 🚋 Mobility Futures #15
- URL: https://newsletters.qs.com/mobility-futures-15/
- Published: 2024-10-28T11:30:12.000Z
- Updated: 2024-10-28T11:30:11.000Z
- Description: HolonIQ's Mobility Newsletter covers the latest developments in aviation, rail, and marine and highlights the week's top skills and mobility deals.
- Author: QS
- Tags: Green Skills

**Happy Monday 👋**   
  
In a notable shift in the EU automotive market, hybrid vehicles have [overtaken](https://www.businesslive.co.za/bd/life/motoring/2024-10-22-hybrids-beat-petrol-car-sales-in-eu-for-first-time/?ref=newsletters.qs.com#:~:text=Hybrids%20overtook%20petrol%2Dpowered%20vehicles,Europe's%20auto%20industry%20body%20showed.) petrol-powered cars in new sales for the first time, as reported by the European Automobile Manufacturers' Association (ACEA). However, the EU is still spending approximately[ $45.6B annually](https://electrek.co/2024/10/21/the-eu-spends-billions-subsidizing-ice-company-cars/?ref=newsletters.qs.com) to subsidize internal combustion engine company cars. In the US, federal regulators have cleared the way for[ eVTOL aircraft](https://techcrunch.com/2024/10/22/evtol-startups-just-got-a-big-lift-from-the-us-government/?ref=newsletters.qs.com) to share airspace with traditional planes and helicopters, benefiting eVTOL startups. Meanwhile, Tokyo Metro's shares surged up to 47% following its [$2.3B IPO](https://fortune.com/asia/2024/10/23/tokyo-metro-shares-japan-biggest-ipo-since-2018/?ref=newsletters.qs.com), Japan's largest since 2018\. Singapore's [MPA and IRENA](https://www.marinelink.com/news/singapore-mpa-irena-collaborate-energy-518355?ref=newsletters.qs.com) have signed an MOU in energy collaboration to promote renewable energy in the maritime sector. Additionally, Advance Mobility [secured $3M](https://inc42.com/buzz/advance-mobility-bags-3-mn-from-india-accelerator-finvolve/?ref=newsletters.qs.com) in a recent funding round. 

## 🚘 Ground Mobility   

**🚗 Hybrids Overtake Petrol Cars in EU Sales.** For the first time in September, [hybrid vehicles surpassed petrol-powered cars](https://www.businesslive.co.za/bd/life/motoring/2024-10-22-hybrids-beat-petrol-car-sales-in-eu-for-first-time/?ref=newsletters.qs.com#:~:text=Hybrids%20overtook%20petrol%2Dpowered%20vehicles,Europe's%20auto%20industry%20body%20showed.) in new sales across the EU, according to the European Automobile Manufacturers' Association (ACEA). Meanwhile, a new study reveals the EU is spending around [$45.60B annually](https://electrek.co/2024/10/21/the-eu-spends-billions-subsidizing-ice-company-cars/?ref=newsletters.qs.com) to subsidize internal combustion engine company cars.

**⚠️ EU-China EV tariff talks end in discord.** The latest negotiations between the European Union and China over tariffs on Chinese electric vehicles ended [without an agreement](https://www.france24.com/en/live-news/20241012-china-eu-ev-tariff-talks-in-brussels-end-with-major-differences-beijing?ref=newsletters.qs.com) due to major differences remaining between the two sides.

**🚗 Google and Renault Collaborate on Software-Defined Vehicle.** Google and Renault are working together on a [software-defined vehicle](https://www.theverge.com/2022/11/8/23445325/google-renault-sdv-ai-digital-twin-android?ref=newsletters.qs.com) that will use Google's Android Automotive operating system and cloud servers, featuring a Digital Twin for testing AI capabilities. The collaboration aims to enhance real-time diagnostics, personalization, and seamless integration of new services.

## 🛬 Aviation  

**✈️ US Regulators Clear Path for EVTOL Aircraft.** Federal regulators in the United States cleared the way for EVTOL aircraft to [share airspace with planes and helicopters](https://techcrunch.com/2024/10/22/evtol-startups-just-got-a-big-lift-from-the-us-government/?ref=newsletters.qs.com), which is a positive development for EVTOL startups.

**⛔ German Parliament Blocks Loan Guarantee for Lilium's eVTOL Aircraft.** The German Parliament [declined to approve a loan guarantee](https://www.bnnbloomberg.ca/investing/2024/10/17/german-flying-taxi-firm-lilium-denied-50-million-loan-support/?ref=newsletters.qs.com) for Lilium's eVTOL aircraft, citing a preference not to support projects still in the development phase.

**🚁 Supernal and Blade Partner for Advanced Air Mobility Operations.** Supernal, a company developing eVTOL vehicles, and Blade, an urban air mobility company, partnered to develop network and fleet management operations for [advanced air mobility](https://www.urbanairmobilitynews.com/air-taxis/nbaa-2024-supernal-and-blade-partner-to-develop-network-and-fleet-management-operations/?ref=newsletters.qs.com).

## 🚋 Rail   

**🚇 Tokyo Metro shares soar after major IPO.** Tokyo Metro shares jumped as much as 47% after the company's initial public offering, which was [Japan's biggest IPO since 2018 worth $2.3B](https://fortune.com/asia/2024/10/23/tokyo-metro-shares-japan-biggest-ipo-since-2018/?ref=newsletters.qs.com). 

**🚆 Indian Railways to Trial Hydrogen-Powered Trains.** Indian Railways plans to operate its prototype [hydrogen-powered train](https://www.railjournal.com/technology/india-to-trial-hydrogen-powered-trains/?ref=newsletters.qs.com) on a railway line in the state of Haryana in December.

**✈️ UK Government Plans Airspace Revamp for Cleaner and Faster Flights.** The UK Department for Transport (DfT) launched a consultation on [plans to upgrade](https://www.businessgreen.com/news/4371911/course-correction-government-plots-uk-airspace-revamp-cut-flight-times-noise-co2?ref=newsletters.qs.com) the country's airspace design to reduce flight times, noise, and CO2 emissions.

## 🚢 Marine  

**🌱 Singapore MPA and IRENA Collaborate on Energy.** The Maritime and Port Authority of Singapore (MPA) and the International Renewable Energy Agency (IRENA) [signed a MOU](https://www.marinelink.com/news/singapore-mpa-irena-collaborate-energy-518355?ref=newsletters.qs.com) to collaborate on promoting the use of renewable energy in the maritime sector.

**🚢 MAN Engines Unveils New MAN D3872 Engine for Workboats.** MAN Engines, a leading manufacturer of engines, introduced a [new engine model](https://www.marinelink.com/news/man-engines-introduces-new-man-d-engine-518360?ref=newsletters.qs.com) called the MAN D3872, specifically designed for workboats.

**🚢 UK Announces New 'Green Shipping Corridors'.** The UK is investing in developing [zero-emission shipping routes](https://futuretransport-news.com/uk-announces-new-green-shipping-corridors/?ref=newsletters.qs.com) to destinations like Amsterdam, Oslo, and Dublin, aiming to decarbonize shipping.

## **🛠️** Skills and Workforce   

*HolonIQ is now tracking reskilling and upskilling initiatives critical in bridging workforce gaps. Impact industries are rapidly evolving, fueled by technological advancements, decarbonization, geopolitical dynamics, and socio-economic factors. To that extent, these sectors require considerable workforce/professional development initiatives to enhance workers' capabilities, boost economic growth, and promote social well-being. Read on for this week’s insights.*

[![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2024/10/Screenshot-2024-10-25-102758-1.png)](https://www.greenskills.org/?ref=newsletters.qs.com)

HolonIQ has launched the [Green Skills Map](http://greenskills.org/?ref=newsletters.qs.com), an open-source framework initiated for the purpose of cataloging, evaluating, and contextualizing the different components of the rapidly expanding field of green jobs. This comprehensive taxonomy will serve as a resource for understanding the full spectrum and complexity of green skills required across various sectors, thereby enabling a cohesive approach toward achieving net zero and decarbonizing the global economy. Green Skills Map spans 11 areas, 54 sub-areas, and 243 green skills clusters. A snippet of the map covering four areas has been included above. Explore the full map on [greenskills.org](http://greenskills.org/?ref=newsletters.qs.com).

## **💰** Deals of the Week  

**🚇 Tokyo Metro's Successful IPO Debut.** Tokyo Metro Co. Ltd., a major subway operator in Japan, made its public trading debut on Wednesday, with its shares soaring [45% above](https://asia.nikkei.com/Business/Markets/IPO/Tokyo-Metro-ends-first-day-of-trading-45-above-IPO-price?ref=newsletters.qs.com) the initial public offering price.

**💰 Advance Mobility Secures $3M in Undisclosed Funding Round.** Advance Mobility, a mobility company, [raised $3M](https://inc42.com/buzz/advance-mobility-bags-3-mn-from-india-accelerator-finvolve/?ref=newsletters.qs.com) in an undisclosed funding round from multiple investors.

**🛫 PAG Acquires ICON Aerospace and TAG Aero to Enhance Avionics Capabilities.** Precision Aviation Group (PAG) [acquired](https://www.prnewswire.com/news-releases/precision-aviation-group-expands-airline-avionics-and-engine-services-capabilities-with-acquisitions-of-icon-aerospace-and-tag-aero-302280803.html?ref=newsletters.qs.com) ICON Aerospace (ICON) and TAG Aero (TAG) to enhance its capabilities in avionics.

**🔌 Nuvve Holding Acquires Full Ownership of Levo Mobility.** Nuvve Holding Corp. [acquired](https://finance.yahoo.com/news/nuvve-holding-acquires-full-ownership-214748865.html?ref=newsletters.qs.com) full ownership of Levo Mobility LLC by purchasing the remaining 49% stake from Stonepeak and Evolve.

**✈️ Vantage Aviation Acquires Dominion Aviation.** Vantage Aviation [acquired](https://www.prweb.com/releases/vantage-aviation-acquires-its-first-fbo-operating-business-302281063.html?ref=newsletters.qs.com) Dominion Aviation, which was the sole operator of the airfield.

**🚢 MSC to acquire a majority stake in Brazilian port operator Wilson Sons for $768M.** Swiss-based liner giant Mediterranean Shipping Co (MSC) struck a deal via its subsidiary Shipping Agencies Services (SAS) to acquire a majority 56.47% stake in Brazilian port and maritime logistics operator Wilson Sons from Ocean Wilsons Holdings [for $768M](https://splash247.com/msc-to-take-over-wilson-sons-in-768m-deal/?ref=newsletters.qs.com).

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