Latest news with #fleetmanagement
Yahoo
a day ago
- Automotive
- Yahoo
Blink Charging, dfYOUNG Partner For Simplified EV Fleet Management
Blink Charging (NASDAQ:BLNK) announced a new partnership with logistics firm dfYOUNG on Monday to simplify EV fleet management and home charger installations for corporate sales teams across the U.S. The companies aim to streamline the EV transition by combining Blink's charging technology with dfYOUNG's fleet logistics expertise. As part of the collaboration, dfYOUNG will deliver and install pre-packaged, RFID-enabled Blink chargers at sales representatives' will handle around-the-clock customer support, while dfYOUNG oversees fleet operations, which include delivery tracking, job completion, safety checks, and regulatory compliance. The news comes as Blink Charging's stock has faced significant headwinds, plunging over 19% year-to-date. This decline is largely attributed to the company missing analyst revenue estimates for the past four consecutive quarters and EPS estimates for at least two quarters. The stock performance has also been impacted by the Trump administration's recent reversal of EV tax credits. The U.S. House of Representatives approved President Donald Trump's 'Big Beautiful Bill,' which terminates the $7,500 tax credit for new U.S.-made EVs, effective September 30, 2025. This policy change is expected to negatively affect the EV industry and its ecosystem, including companies like Blink Charging, with some automakers already increasing EV prices in response. Despite these challenges, Blink Charging has remained committed to unlocking value through strategic partnerships, acquisitions, and geographical expansions. Last Monday, Blink Charging expanded its partnership with Belgian real estate firm Group Bernaerts to boost EV charging infrastructure across Belgium. By the end of 2025, it plans to install at least 176 active chargers at Bernaerts-owned properties. The stock gained close to 13% after the update. Since the partnership was launched in 2022, the two companies have deployed 88 charging stations in Antwerp and Mechelen. As they accelerate their sustainability goals, they expect to double that number by the end of this year. On July 16, Blink Charging expanded its EV network in South Florida by installing Series 7 chargers at two Accesso-managed commercial properties. The move strengthens Blink's regional presence, bringing clean energy charging to high-traffic sites in Sunrise and West Boca Raton. On July 14, Blink Charging expanded its EV charging footprint by acquiring Zemetric, a Silicon Valley-based fleet-focused infrastructure firm. The deal brings Zemetric's leadership team, now filling key executive roles at Blink, together to accelerate innovation and global growth in smart fleet charging. On July 10, Blink Charging advanced its U.K. expansion by partnering with Axxeltrova to launch a £100 million fund for EV infrastructure growth. Under the deal, Axxeltrova will fund and own the chargers, while Blink installs, operates, and maintains them through its Blink Network. Price Action: BLNK shares are trading lower by 5.36% to $1.060 at last check Monday. Photo via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Blink Charging, dfYOUNG Partner For Simplified EV Fleet Management originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Zawya
2 days ago
- Automotive
- Zawya
Nissan Magnite joins the Key Car Rent fleet
Jeddah — Manahil International, the authorized distributor of the Nissan brand in the Kingdom of Saudi Arabia and a subsidiary of Mohammed Youssef Naghi Motors, announced a new agreement with Key Car Rental Company to supply a fleet of Nissan Magnites. This initiative aims to enhance car rental services in the region and offer customers a variety of modern options. This agreement represents the strong and ongoing partnership between Manahil International and Key Car Rental Company, which aims to provide innovative solutions and high-quality services in the car rental industry. It also reflects both parties' commitment to meeting local market needs, offering their clients the best options, and delivering an exceptional driving experience. On this occasion, Shadi Jalal, CEO of Manahil International, said, "We are proud to expand our partnership with Key, one of the most successful stories in fleet growth in the car rental industry in the Kingdom. The all-new Nissan Magnite is a valuable addition to the rental fleet due to its modern design, strong performance, and advanced technologies. It is an ideal choice for customers looking for a comfortable and modern driving experience." For his part, Khaled Baghdadi, CEO of Key Car Rental Company, said: "We are very pleased to work with our strategic partner, Manahil International, which has always provided us with the best cars that match the tastes and needs of our customers in the Kingdom. We look forward, God willing, to strengthening this cooperation in the coming period and expanding our fleet with Nissan models that are very popular among customers." It is worth noting that this partnership continues a series of joint successes between the two companies, as they have achieved significant growth in their market share over the past years. The all-new Nissan Magnite combines bold design with innovative technologies, giving it a striking presence on the roads and a modern driving experience. The vehicle features dynamic lines and exterior accents that convey confidence and elegance, while its practical design offers excellent visibility and maneuverability, making it ideal for urban driving. The interior combines spaciousness and practicality to provide a comfortable experience suitable for daily driving and long trips. Smart space allocation and multiple storage options are designed to meet the driver's needs. Magnite also offers top levels of safety for both driver and passengers, featuring numerous airbags, a surround view system, advanced stability and braking control, and over 55 safety features that ensure comprehensive protection and confidence on the road. This makes the Magnite a practical and balanced choice that blends comfort, safety, and innovative technology in the compact car segment.
Yahoo
5 days ago
- Automotive
- Yahoo
Intangles partners with StanRTA to modernize transit fleet with AI analytics
AI-powered fleet management solutions provider Intangles recently established a strategic partnership with Stanislaus Regional Transit Authority (StanRTA) to modernize fleet operations across its transit services. The collaboration aims to address long-standing challenges in reliability, maintenance planning and energy optimization through advanced analytics and real-time diagnostics. StanRTA was selected as an ideal partner for several strategic reasons, according to Aman Singh, co-founder and head of analytics at Intangles. In an email to FreightWaves, Singh said: 'First and foremost, it was their openness to embracing AI-driven insights. When I first met the team in Modesto, what stood out was their willingness to trust that AI could 'see' and interpret engine behavior much like an experienced mechanic would.' Prior to the partnership, StanRTA dealt with many operational blind spots, such as relying on paper reports and intermittent driver feedback. The agency had limited visibility into its fleet health, with issues often escalating before intervention was possible. When implementing predictive analytics in fleet operations, Singh noted, one of the biggest misconceptions agencies have is the belief that AI and machine learning cannot match the experience of seasoned technicians. Singh said the AI isn't meant to replace human intuition, but many agencies overlook that when AI is trained to focus on specific vehicle systems like the engine or powertrain, it can be very accurate at a scale. 'The real advantage of predictive analytics lies in its ability to process real-time data across the entire fleet—something that even the most skilled mechanic simply can't do at scale. No one can manually monitor runtime data from, say, 150 vehicles operating simultaneously across a city like Modesto. But AI can,' Singh said. Following the implementation, StanRTA has experienced a 15% to 20% reduction in unscheduled service events while identifying numerous component issues before they caused major disruptions. 'Intangles revealed inefficiencies we did not realize were happening—significant fuel loss from prolonged idling, injector problems on key commuter routes, and failures in systems like turbo boost and throttle response,' said Adam Barth, CEO of StanRTA, in a press release. 'With real-time diagnostics, we can now identify and respond to vehicle performance issues before they become costly failures.' Additional results from the partnership include a 6% to 8% improvement in fuel economy in targeted corridors and active mitigation of high-idle areas using geo-visualization tools. The platform analyzes multi-controller data across engine, transmission, aftertreatment and electrical systems to detect patterns and deliver alerts ahead of failures. 'At Intangles, we build for fleets where uptime and precision matter most,' said Anup Patil, co-founder and CEO of Intangles. 'StanRTA is using diagnostics as a strategic tool—to reduce operational risk, improve energy efficiency and extend asset life. This is what the future of fleet management looks like.' As StanRTA prepares to expand with hydrogen-powered vehicles, Intangles plans to extend its analytics capabilities to alternative powertrains, creating opportunities for new AI models including transmission behavior, DEF tracking and ambient-aware diagnostics. The added features will support regulatory compliance and long-term cost efficiency. At the end of the day, the technology is not meant to replace the human element but rather to augment it. 'Ultimately, our predictive diagnostics don't replace technicians—they empower them. By catching issues early, we help fleets avoid costly breakdowns and extend asset life. Agencies that adopt this approach often see significant savings over time—not just in maintenance costs, but in asset availability and operational efficiency,' Singh said. The post Intangles partners with StanRTA to modernize transit fleet with AI analytics appeared first on FreightWaves.
Yahoo
21-07-2025
- Automotive
- Yahoo
Ayvens appoints Philippe de Rovira as new CEO
French fleet managing and operational car leasing company Ayvens has appointed Philippe de Rovira as its new CEO, effective 1 December. He succeeds Tim Albertsen, who has decided to retire on the same date. The decision follows a recommendation from the nomination committee as part of its succession planning process. Albertsen will continue to serve as CEO and a member of the board until his retirement. Ayvens' chairman of the Board of Directors Pierre Palmieri stated: 'Philippe brings with him the experience, commitment and strategic vision which will be key in driving growth and capturing new opportunities for Ayvens. 'I would also like to thank Tim for his leadership and vision, which have led to Ayvens being the global leader it is today.' Rovira brings extensive experience to his new role, having joined PSA Group in 1998 and held various business and finance positions until 2017. His previous roles included leading a division focused on B2B sales, remarketing of used cars, and sales of spare parts. In 2018, he was appointed CFO of PSA Group and became a member of the Global Executive Committee, overseeing the business unit for remarketing of used cars. By 2021, he had advanced to the position of Stellantis' chief affiliates officer, in which he was responsible for financial services, parts and services, and circular economy, among other areas. In 2025, Rovira took on the role of COO for Asia and Middle East/Africa, while also managing Financial Services and Free2move. Ayvens provides full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions to a diverse clientele, including large international corporations, SMEs, professionals, and private individuals. The company employs more than 14,000 people across 42 countries and manages 3.3 million vehicles. Ayvens is majority-owned by Societe Generale Group. "Ayvens appoints Philippe de Rovira as new CEO" was originally created and published by Motor Finance Online, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
South China Morning Post
14-07-2025
- Automotive
- South China Morning Post
Hong Kong's first fully licensed premium taxi fleet hits the streets with 160 cabs
Hong Kong launched its much-awaited premium taxi service on Monday, as the first operator to receive a full licence hit the streets with its 160 cabs after completing a trial run. SynCab showcased its vehicles during a launch ceremony attended by Secretary for Transport and Logistics Mable Chan, who said she expected the company would help the public to see the clear path forward for the development of higher-end taxis. She also stressed the importance of training drivers to ensure good service. 'Trained drivers can give residents confidence, and fleet management can allow them to accept online orders with peace of mind on one hand, while also being able to pick up street hails,' Chan said. 'I hope the taxi fleet cherishes and values its advantages. The taxi industry's development hinges on retaining its distinct features and fostering competition, which drives advancement.' Authorities in March said the city aimed to roll out 3,500 premium taxis.
