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Lime, the world’s largest shared e-scooter and bike-sharing company, reported robust second-quarter results following its July 1st initial public offering, posting a $295 million net profit buoyed partly by accounting gains from the stock market debut. The company’s underlying business
India has achieved something no other country has done: launched a hydrogen-powered train that dwarfs similar projects worldwide. The “NaMo Green Rail,” flagged off by Prime Minister Narendra Modi on July 17th in Haryana state, carries 2,600 passengers across 10
America’s biggest automakers are beating a hasty retreat from their ambitious electric vehicle plans, while Chinese competitors race ahead with cheaper, more competitive products. The exodus accelerated this month when General Motors sold off half its battery manufacturing partnership to
Brussels’ shared e-scooter and bike-sharing services face sudden shutdown after the country’s highest court ruled the licenses were granted illegally. The decision affects three major operators—Bolt, Dott, and Voi—who must clear their vehicles from Brussels streets by September 1st. The