Keep Up with Optiyol #10

Optiyol, as a transportation-focused tech company, periodically collects 5 notable news and pieces about transportation, logistics, supply chain solutions, autonomous cars, digitalization, the rise of ai, optimization, sustainability and market news.

1- The E-Bike Effect Is Transforming New York City

“As the next-generation pedal-assist Citi Bike arrives, the surging popularity of electric two-wheelers stands to reshape the city’s transportation future.”

2- Wells Fargo set emissions reduction targets for oil, gas, power clients

“Wells Fargo & Co (WFC.N) unveiled new targets to reduce greenhouse gas emissions, including goals to reduce the "absolute emissions" related to its financing of companies in the oil and gas sector”

3- Shopify to Buy E-Commerce Fulfillment Specialist Deliverr for $2.1 Billion

“Shopify Inc. has agreed to buy U.S. fulfillment specialist Deliverr Inc. for $2.1 billion in a cash-and-stock deal, as the e-commerce platform moves to build out its order-fulfillment operations for online retailers looking to compete with Amazon. com Inc.”

4- Lithium-ion recycler Li-Cycle lands $200 million to power future EVs

“The mining giant says the move should help bring down the carbon intensity of its materials. Glencore has said that it is targeting net-zero emissions by 2050.”

5- Surging gas prices are crushing the supply of gig economy drivers.

“Lyft executives cited gas prices and a lingering pandemic as a headwind for driver supply and laid out plans to invest more to increase supply. CFO Elaine Paul referred to the second quarter as a "kick-start quarter" in terms of investments in driver supply.”

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