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Charging Robotics: Revoltz Successfully Demonstrates PORTO Micro-EV to an Israeli Government Entity for Potential Urban Applications
Globenewswire· 2025-12-29 14:25
Core Viewpoint - Charging Robotics Inc. and its subsidiary Revoltz Ltd. are advancing the electric micro-mobility sector with the introduction of the PORTO vehicle, aimed at transforming last-mile delivery operations in urban settings [1][2][3]. Group 1: Product Features and Benefits - The PORTO is a compact, three-wheeled electric cargo vehicle designed specifically for last-mile logistics, offering exceptional cargo capacity comparable to a small car [2][8]. - It provides a full-day operational range on a single charge, ensuring uninterrupted delivery routes [8]. - The vehicle boasts superior agility and stability in dense urban environments, making it suitable for mail carrier fleets [2][8]. - PORTO operates license-free for riders aged 16 and older, lowering operational barriers in compliance with Israeli regulations [8]. - It features eco-friendly zero-emission performance, supporting sustainability goals [8]. Group 2: Strategic Engagement and Market Potential - The demonstration of the PORTO to Israeli government representatives highlights its potential integration into government operations to enhance urban distribution and promote green logistics initiatives [2][3]. - The CEO of Revoltz emphasized the global applicability of the PORTO's capabilities, indicating potential for expansion beyond Israel [3]. Group 3: Company Overview and Vision - Charging Robotics, through its majority ownership in Revoltz, is expanding its portfolio in the electric vehicle ecosystem, complementing its core wireless charging technologies [4]. - Revoltz Ltd. specializes in high-end mini electric vehicles, bridging traditional automotive design with innovative micro-mobility solutions [5].
Germany Logistics Market Forecast 2025-2034: Revenues to Grow by Over $110 Billion - Competitors Should Leverage Technological Advancements and Align with Sustainability Goals
Globenewswire· 2025-02-28 14:58
Core Insights - The Germany logistics market is projected to grow from approximately USD 379.89 billion in 2024 to nearly USD 504.4 billion by 2034, with a compound annual growth rate (CAGR) of 3.20% from 2025 to 2034 [1][17]. Market Overview - Germany's logistics market is one of the largest in Europe, benefiting from its strategic geographic location, well-developed transport infrastructure, and strong trade relationships [2]. - The logistics network in Germany includes roads, railways, waterways, and air transport facilities, making it a crucial hub for freight movement within and beyond Europe [2]. E-commerce Impact - The surge in e-commerce has significantly contributed to the growth of the Germany logistics market, with logistics providers investing in advanced technologies such as automated warehouses, robotics, and real-time tracking systems to meet rising consumer demand for faster delivery [3][4]. - The increasing preference for same-day and next-day deliveries has driven the adoption of efficient last-mile delivery solutions [3]. Technological Advancements - The integration of innovative technologies like artificial intelligence, blockchain, and the Internet of Things (IoT) has transformed logistics operations, improving inventory management, reducing costs, and enhancing customer satisfaction [5]. - The demand for automated and digitalized logistics solutions has led companies to develop advanced software platforms for efficient supply chain management [6]. Sustainability Trends - There is a growing emphasis on sustainability within the logistics sector, with companies investing in electric and hybrid delivery vehicles, optimizing routes to reduce emissions, and using eco-friendly packaging materials [6]. Third-party Logistics (3PL) - Third-party logistics (3PL) companies are driving market growth by offering cost-effective, flexible, and specialized solutions, streamlining supply chains through advanced technologies [7][8]. - The strategic location of Germany amplifies the demand for 3PL services, particularly with the rise of e-commerce and just-in-time delivery models [8]. Regional Insights - North Rhine-Westphalia (NRW) is expected to dominate the logistics market share due to its strategic location and robust infrastructure, serving as a critical hub for international and domestic trade [9][10]. - While Bavaria and Baden-Württemberg also play significant roles, NRW's superior connectivity and established infrastructure position it as an attractive destination for logistics investments [10]. Market Outlook - The outlook for the Germany logistics market remains positive, driven by continued investment in infrastructure, the adoption of cutting-edge technologies, and the expansion of international trade [11][12]. - Government initiatives aimed at modernizing transport networks and promoting sustainable logistics practices are expected to further bolster market value [12]. Market Segmentation - The market can be segmented based on model type, transportation mode, end use, and region [14][15]. - Key players in the market include Deutsche Post AG (DHL), Schenker AG, Kuehne + Nagel International AG, and others [16].