Volta Trucks' new Volta Zero.
Volta TrucksVolta Trucks has unveiled the Volta Zero, a zero emissions electric cargo delivery vehicle built specifically for use in cities.
The exterior body panels are made of sustainable and strong flax and biodegradable resin.
Volta Trucks will begin manufacturing the Volta Zero in 2022 with the goal of producing 5,000 trucks annually by 2025.
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Volta Trucks has unveiled the Volta Zero, a zero-emissions electric cargo delivery vehicle built for use in the city.
According to Volta Trucks' founder Carl-Magnus Norden in a statement, the current widely used large commercial delivery trucks are dangerous: in London, 23% and 58% of pedestrian and cyclist deaths, respectively, are related to "large good vehicles" despite its low usage compared to other vehicles, such as daily drivers and public transport.
Now, the company is hoping to make a change in the commercial cargo delivery segment by making the vehicles safer, which will be done in part by implementing a different layout in the cab and new systems that will increase the drivers' awareness of their surroundings.
However, safety isn't Volta Trucks' only goal with the Volta Zero. The company is also taking a green approach to its new release by electrifying the fleets and using sustainable building materials, specifically flax and rapeseed oil-sourced resin, on the exterior body panels.
According to the Sweden-based company, this use of flax and resin on the body will be an industry first when the Volta Zero hits the production line in 2022.
"To me, it's so obvious that this is the right thing to do," Volta Trucks founder Carl-Magnus Norden told Business Insider in an interview in February. "The industry is acting very slowly. Everybody is talking about 2030, 2040, but nobody feels the urge to do anything today."
The new vehicle will also be a world's first in its own right. According to Volta Trucks, the Volta Zero will be the first fully electric 17.64-ton commercial vehicle built with the intention of delivering cargo and freight within an urban environment.
The company has a goal of improving air quality in urban areas and preventing around 198,416 tons of carbon dioxide from entering the atmosphere by 2025 by using these sustainability made, zero emissions vehicles, according to Volta Truck's CEO Rob Fowler in a statement. Volta Trucks' new Volta Zero.
The Volta Zero has 90% less moving components than a traditional vehicle and costs the same as a diesel-powered four-wheeler with the same work purpose, according to its maker. Volta Trucks' new Volta Zero.
The 17.65-ton vehicle measures at about 31.04 feet long, 11.38 feet tall, and 8.37 feet wide. These dimensions allow the Volta Zero to carry up to about 18,959.8 pounds in the 1,331.33-cubic foot cargo area, all while traveling up to 56 miles-per-hour. Volta Trucks' new Volta Zero.
The vehicle has a range between 95 to 125 miles. According to Volta Trucks, the range and load capacity allow one Volta Zero to do the same work as up to four 3.86-ton vehicles. Volta Trucks' new Volta Zero.
The vehicle's "glasshouse-style" cab provides 220-degrees of visibility, reducing the potential for accidents when used in conjunction with the blind spot warning program, and rearview and 360-degree birds-eye view cameras. Volta Trucks' new Volta Zero.
Unlike traditional cargo delivery trucks, the driver's seat in the Volta Zero sits at around the same height as other drivers and pedestrians. This seat, which can swivel, is also placed centrally, allowing the driver to easily exit or enter on either side of the vehicle. Volta Trucks' new Volta Zero.
The Volta Zero will also come with an Advanced Driver Assistance System that can electronically aid in tasks like parking and steering. Volta Trucks' new Volta Zero.
According to its maker, the interior cab area looks bright and spacious with its touch screen displays and natural colors and materials that give it a "comfortable yet elegant" appearance. Volta Trucks' new Volta Zero.
The fleet of Volta Zeros is also set to be the first fully electric commercial vehicle to use an e-Axle, which houses the electric motor, axle, and transmission. Volta Trucks' new Volta Zero.
According to Volta Trucks, this lightweight and space-saving e-Axle gives its vehicles a longer range while allowing the lithium-ion phosphate battery to be placed in the chassis rails. Volta Trucks' new Volta Zero.
This battery supplies between 160 to 200-kilowatt hours of power. According to Volta, it's also stable, which means if the battery is hit during an accident, it won't set itself or the vehicle on fire. Volta Trucks' new Volta Zero.
To further the eco-friendly components of the Volta Zero, the exterior body panels are made of flax and rapeseed oil-derived resin that was created by the European Space Agency and Bcomp, a natural fiber maker. Volta Trucks' new Volta Zero.
The flax fibers — which are combined with the resin for use on the panels — are lightweight and almost carbon neutral while still being as rigid and heavy as carbon fiber. Volta Trucks' new Volta Zero.
The cab's metal space structure, combined with the body panels, has the same durability as "conventional steel material," according to Volta. The panels can also bend, reducing the chance of sharp sides or scrapes in case of an accident. Volta Trucks' new Volta Zero.
The panels can be burned for waste-heat recovery when they are no longer needed, preventing them from occupying space in landfills. Volta Trucks' new Volta Zero.
According to Volta Trucks, 12 pilot Volta Zero vehicles will be tested in 2021 with Europe-based cargo delivery and logistics companies. Next year will also oversee the creation of 130 jobs within the organization. Volta Trucks' new Volta Zero.
By 2022, Volta Trucks will begin manufacturing with the goal of producing 500 Volta Zeros by the end of the year, and 5,000 by 2025. Volta Trucks' new Volta Zero.
Approximately seven new BTC whales have joined the network in the past two weeks.
The spike in buying pressure may soon be reflected in prices as Bitcoin holds above the critical support level
If so, the next areas of resistance to watch are the $11,200 and $12,000.
Bitcoin (BTC) continues consolidating within a narrow trading range without providing a clear path for where it is headed next. Despite the uncertainty around it, different on-chain metrics suggest that large investors are choosing to buy Bitcoin evermore increasing their positions.
BTC whales “buy the dip”
After failing to turn the $12,000 resistance level into support, the flagship cryptocurrency went through a steep correction that took place at the beginning of the month. Bitcoin dropped by nearly 19% from a high of $12,086 to a low $9,800. The downward price action caused a state of commotion among market participants, while large investors took advantage of it to add more tokens to their holdings.
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Indeed, Santiment’s holder distribution chart shows that as prices plummeted, the number of addresses with billions of dollars in Bitcoin, known within the crypto community as “whales,” was increasing exponentially. The behavioral analytics firm recorded a 6.74% spike in the number of addresses holding 10,000 to 100,000 BTC. Approximately seven new whales joined the network over the past two weeks.
Such an upswing in the number of BTC whales may seem insignificant at first glimpse. But when considering these large investors hold between $108 million and $1.08 billion in BTC, the upturn can translate into billions of dollars worth of buy orders.
If the buying spree by these whales continues, Bitcoin may have the ability to regain some of the lost ground throughout September and finally move past the $12,000 mark.
Technical analysis: Holding on top of critical support
The bullish thesis holds when looking at BTC’s 3-day chart. Within this timeframe, the pioneer cryptocurrency seems to be trading on top of a critical support barrier. Based on historical data, the 50-three-day moving average has been able to contain falling prices at bay during the bull market of 2010-2011, 2012-2014, and 2015-2018.
If history repeats itself, Bitcoin may be about to resume the uptrend following the recent rejection from this hurdle. But first, it would have to close above mid-September’s high of $11,200 and turn the $12,000 resistance into support. Once these barriers have been broken, it is reasonable to assume that BTC would likely take aim at June 2019’s high of nearly $14,000.
Chart by https://www.tradingview.com/x/S4Nh8aUg/
It is worth mentioning that a candlestick close below the 50-three-day moving average, which is currently hovering around $10,100, could jeopardize the bullish outlook. If this were to happen, the bellwether cryptocurrency may plummet towards the 100-three-day moving average. This support level sits around $9,150.
On the cusp of a major price movement
Data shows that over the past few hours an important number of idle BTC coins have exchanged hands. Usually, when old tokens are transferred between different addresses, a major price movement tends to follow. Given the increasing buying pressure behind Bitcoin, this could be taken as a positive sign.
Nevertheless, it is recommended to sit on the sidelines until a clear break of the resistance or support levels previously mentioned. Now that Bitcoin seems to be on the cusp of its next bullish cycle, having cash ready to deploy is a must.
Viewers Can Access Comedy Dynamics, CONtv, Docurama and Dove Channel Content Via the Redbox app for the Roku® platform, iPhone®, Apple TV®, Android-enabled devices, VIZIO SmartCast TVs and LG Smart TVs
LOS ANGELES, July 24, 2020 (GLOBE NEWSWIRE) -- Cinedigm (NASDAQ: CIDM) announced today that four of the Company’s most popular offerings Comedy Dynamics, CONtv, Docurama and Dove Channel are now available on Redbox’s new Free Live TV streaming platform.
Long-established as America’s destination for entertainment, Redbox is once again providing their users with even more value, choice and convenience with Redbox Free Live TV. The new service is curated to the interests of the broad Redbox audience, offering a growing selection of live-streamed films and series free of charge.
Redbox Free Live TV viewers can easily enjoy Comedy Dynamics, CONtv, Docurama and Dove Channel exclusive programming libraries by clicking “Free Live TV” and selecting their prefered channel within the Redbox app for the Roku® platform, iPhone®, Apple TV®, Android-enabled devices, VIZIO SmartCast TVs and LG Smart TVs.
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“Since its inception, Redbox has revolutionized the home entertainment industry, making it easier than ever for viewers to access their favorite films and series,” said Tony Huidor, Cinedigm’s Senior Vice President of Product & Technology. “With the launch of Redbox Free Live TV, they are poised to do so yet again, and Cinedigm is proud to join forces with them to bring our popular Comedy Dynamics, CONtv, Docurama and Dove Channel networks to their loyal audience. This partnership perfectly complements our own strategy to redefine the traditional viewing experience, putting the power firmly in the viewer’s hands, and offering a diverse range of content that they can enjoy whenever and wherever on any device they choose.”
ABOUT CINEDIGMFor more than twenty years, Cinedigm (NASDAQ: CIDM) has led the digital transformation of the entertainment industry. Today, Cinedigm entertains hundreds of millions of consumers around the globe by providing premium content, streaming channels and technology services to the world’s largest media, technology and retail companies. For more information, visit https://www.cinedigm.com/.
Press Contact for CIDM:Jill Calcaterra310email@example.com