The future of the CONNECTED CAR

Quincy Malesovaswww.news.com.au The discovery of radio waves, the telephone and – of course – the internet have fueled the modern world’s ease of connection, knowledge and accessibility. Now cars are undergoing a similar evolution. While cars have only been around a relatively short amount of time, they’ve seen a great transformation in their lifetime – particularly within the last decade. We may not be at the point where self-driving cars are roaming the streets, but that future is not far off. “The market has become very vibrant and is growing day by day,” says Dr Saeed Asadi Bagloee, a research fellow at Melbourne University’s Department of Transport Engineering. Even now, there are vehicles out there that are equipped with technologies that sound like they’re straight out of a science fiction novel. The 2021 Haval Jolion is one of them. Featuring Apple CarPlay and Android Auto that lets you stream all…

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ANGUS TAYLOR’S CURE FOR ELECTRIC CAR RANGE ANXIETY

www.afr.com The Morrison government has taken a major step towards curing Australians of electric vehicle “range anxiety” by funding the rollout of more than 400 public fast-charging stations around the country. Targeting all capital cities as well as rural and regional areas, the network of charging stations – which will all run on clean energy – will be built and operated by five companies: Evie Networks, Ampol, Engie, Chargefox and Electric Highways Tasmania. More charging stations are needed if the national electric car fleet is to expand.  According to Energy and Emissions Reduction Minister Angus Taylor the chargers represent a seven-fold increase in available power points, and will each be capable of charging at least two vehicles simultaneously at 50 kilowatts or above. “The government is focused on ensuring Australians can drive their preferred choice of vehicle, be that petrol, diesel, hydrogen or electric powered,” Mr Taylor said. The announcement…

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CIRCLE K TO EXPAND BITCOIN ATM NETWORK

CSP News; 22/07/21 Retailer working with Bitcoin Depot in United States, Photograph: Shutterstock Circle K is partnering with Bitcoin Depot to produce a Bitcoin ATM network across both the United States and Canada with more than 700 Bitcoin ATMs in 30 states already installed. Bitcoin Depot ATMs are kiosks that enable users to exchange cash for cryptocurrency, allowing for in-person transactions that give users immediate access to bitcoin and more than 30 other cryptocurrencies. “We’re thrilled to create a long-term, strategic partnership with Circle K and to expand our footprint internationally with a global leader in convenience and fuel retail,” said Brandon Mintz, CEO of Bitcoin Depot. “Through our collaborative partnership, we aim to provide new ways for people to buy bitcoin instantly in a familiar environment in their local neighborhood Circle K.” To use a Bitcoin ATM, a customer inserts cash after providing his or her crypto wallet address, and crypto is sent…

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SHELL TO INSTALL HUNDREDS OF ELECTRICAL VEHICLE CHARGING POINTS AT WAITROSE STORES BY 2025 AS PART OF EXPANDED PARTNERSHIP

John Lewis Partnership; Media Release; 22/07/21 Up to 800 Shell electric vehicle charging points to be installed in as many as 100 Waitrose shops across the UK by 2025 The number of Shell forecourt shops which sell Waitrose food and drink will increase from 57 to 125 by 2025, giving shoppers more ways to access Waitrose products John Lewis Click & Collect to be made available in up to 80 additional Shell forecourts this summer – growing the total number of locations where the service is available to over 1,000 Waitrose and Shell have today set out ambitious plans to grow their partnership, installing hundreds of electric vehicle charging points in the supermarket’s car parks and more than doubling the number of Shell forecourt shops where Waitrose food is available.   The companies have announced that they are targeting the installation of 800 Shell Recharge electric vehicle charging points in up…

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EMERGING CHINESE COFFEE CHAIN M STAND RAISES US$77.3 MILLION

Inside Retail; 26/07/21 Chinese coffee chain M Stand has secured US$77.3 million during its Series B round of financing, aiming to reach 100 retail stores by the end of this year.  Led by Qicheng Capital and Black Ant Capital, the second round of investment received by M Stand this year is joined by two existing shareholders, CMC Capital and Challenger Capital. The post-investment valuation was estimated at about US$617 million.  The funds raised will be used for recruitment, development of supply chains and digital operations.  Founded in 2017 in Shanghai by a young entrepreneur named Ge Dong, M Stand is known for its coffee served in fresh coconuts or edible cups made from oatmeal cookies. The brand’s store design draws young Chinese customers with its trendy minimalist concept.  Positioning itself as ‘China’s Starbucks that serves the young generation’, M Stand completed its first round of investment earlier this year, raising…

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DOM’S KITCHEN & MARKET CURATES RICH CULINARY AND RETAIL EXPERIENCES IN CHICAGO

Global Convenience Store Focus; 27/07/21 If foodservice and grocery retail is all about theatre and experience, then a visit to Dom’s Kitchen & Market is a must in Chicago when the NACS Show heads there in October. Opened in a neighbourhood location in June, this new 17,800sq ft store concept is putting on a spectacular show that melds a fresh foods market format with a premium QSR offering. What’s all the more remarkable is that Dom’s Kitchen & Market was planned during the pandemic and 90% of the work was done over Zoom and Teams – the retailer only met with the designers on one occasion prior to launch. However, there is a seasoned and experienced team behind Dom’s Kitchen & Market comprising three co-founders: Don Fitzgerald, Bob Mariano and Jay Owen; and topped off by consulting and IT services provided by McMillanDoolittle LLP. Fitzgerald is a retail veteran in…

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