September 18, 2021

What happens to discarded bikes from China’s sharing boom? Taxpayers pay to clear 25 million of them from bicycle graveyards

Three years after China’s blooming bike-sharing economy wilted, local authorities are about to send the last of 25 million abandoned bicycles to recycling plants, pruning the remaining blight on cityscapes left behind by dozens of companies that have gone bust.

All the disused bicycles must be scrapped by the year’s end under a compulsory retirement scheme imposed by city councils to ensure safety. The costs of taking them off the streets and the bicycle graveyards are borne by taxpayers, as all but three remain from a crop of as many as 70 bike-sharing companies, each plying China’s streets with a different brightly coloured vehicle.

“Most bicycle graveyards have already gone,” said Wu Guoyong, a Shenzhen photographer who made a name for himself by using aerial drones to shoot dramatic pictures of abandoned bicycles piled into little mountains in almost every major city in China. One such dumping site in the

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Bicycle Therapeutics Announces Gross Proceeds of $50.0 Million from its At-the-Market Offering Program and Enters into Debt Financing from Hercules Capital

CAMBRIDGE, England & BOSTON–(BUSINESS WIRE)–Bicycle Therapeutics plc (Nasdaq: BCYC), a biotechnology company pioneering a new and differentiated class of therapeutics based on its proprietary bicyclic peptide (Bicycle®) technology, today announced that it has completed its at-the-market (ATM) offering program initiated during the third quarter, generating gross proceeds of $50.0 million. Cantor Fitzgerald & Co. and Oppenheimer & Co. Inc. acted as placement agents for the offering.

In addition, Bicycle announced that it has closed a financing with Hercules Capital, Inc. (NYSE: HTGC) for a term loan of up to $40.0 million in two tranches. Under the terms of the loan and security agreement, an initial tranche of $30.0 million will be fully available at the loan closing, with a minimum draw of $15.0 million.

“I am pleased to announce the successful utilization of our ATM program and our flexible financing with Hercules, which have further

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Automotive Lighting Market Size Estimated to Flourish at USD 33130 million by 2025

The MarketWatch News Department was not involved in the creation of this content.

Sep 30, 2020 (Market Insight Reports) —
Selbyville, Delaware According to this study, over the next five years the Automotive Lighting market will register a 3.8%% CAGR in terms of revenue, the global market size will reach $ 33130 million by 2025, from $ 28540 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Lighting business, shared in Chapter 3.

The Automotive Lighting market research report delivers a qualitative and quantitative assessment of this industry vertical and contains crucial insights pertaining to revenue predictions, industry remuneration, market size, and valuation over the analysis timeframe.

Request a sample Report of Automotive Lighting Market at: https://www.marketstudyreport.com/request-a-sample/2511188?utm_source=Marketwatch.com&utm_medium=AN

The document measures the key factors which are positively influencing the industry landscape in terms of market growth as well as sales

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Automotive Paint & Coating Market Size Estimated to Flourish at USD 21390 million by 2025

The MarketWatch News Department was not involved in the creation of this content.

Sep 30, 2020 (Market Insight Reports) —
Selbyville, Delaware According to this study, over the next five years the Automotive Paint & Coating market will register a 2.1%% CAGR in terms of revenue, the global market size will reach $ 21390 million by 2025, from $ 19650 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Paint & Coating business, shared in Chapter 3.

The Automotive Paint & Coating market research report delivers a qualitative and quantitative assessment of this industry vertical and contains crucial insights pertaining to revenue predictions, industry remuneration, market size, and valuation over the analysis timeframe.

Request a sample Report of Automotive Paint & Coating Market at: https://www.marketstudyreport.com/request-a-sample/2511198?utm_source=Marketwatch.com&utm_medium=AN

The document measures the key factors which are positively influencing the industry landscape in

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Europe Automotive Cybersecurity Market Report 2020: Market Reached $506.5 Million in 2019 and will Grow by 15.8% Annually Over 2020-2030

DUBLIN, Sept. 29, 2020 /PRNewswire/ — The “Europe Automotive Cybersecurity Market 2020-2030 by Solution, Product Type, Product Form, Threat Type, Application, Automotive Component, Vehicle Type, and Country: Trend Forecast and Growth Opportunity” report has been added to ResearchAndMarkets.com’s offering.

Europe automotive cybersecurity market reached $506.5 million in 2019 and will grow by 15.8% annually over 2020-2030 owing to increasing adoption of autonomous cars and connected vehicles with more electronic content per vehicle in the region.

Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year.

The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify

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Iteris Awarded $4.7 Million Contract by Orange County Transportation Authority for Traffic Signal Synchronization

Three-year Initiative will Improve Traffic Flow and Safety Across Eight Southern California Cities

  • Project leverages Iteris’ traffic signal operations expertise to support region’s goal of improving the safety and mobility for road users

  • Initiative will improve coordination and safety across eight cities in southern California

  • Program includes Iteris’ Intersection-as-a-Service solution, which provides proactive signal operations and maintenance with 24/7 monitoring of device and system health

 

Iteris, Inc. (NASDAQ: ITI), the global leader in smart mobility infrastructure management, today announced that it has executed the final contract and received the formal notice to proceed for a $4.7 million initiative with the Orange County Transportation Authority (OCTA) for a regional traffic signal synchronization project.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200929005136/en/

Iteris Awarded $4.7 Million Contract by Orange County Transportation Authority for Traffic Signal Synchronization (Photo: Business Wire)

The three-year project includes signal coordination and timing improvements, with

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Automotive HUD Market to Reach $3,372 million by 2025, at a CAGR of 31.3%

“Automotive Head-Up Display Market”

The market is driven by increased customer awareness about road and vehicle safety, demand for improved consumer experience in vehicles, and high growth in the luxury and high-end cars segments, mainly in the emerging markets.

According to the new market research report “Automotive HUD Market by Technology (AR-HUD, Conventional HUD), HUD Type (Combiner, Windshield), Vehicle Class (Economy, Mid-Segment, Luxury Car), Dimension (2D and 3D), Vehicle Type, Sales Channel (OEM, Aftermarket), and Region: Global Forecast to 2025“, Published by MarketsandMarkets™, Automotive HUD Market is projected to reach USD 3,372 million by 2025 from USD 866 million in 2020, at a CAGR of 31.3% during the forecast period.

Technological advancements in current generation automotive cockpit electronics along with increasing trend of connected and autonomous vehicles are further expected to drive the Automotive HUD Market. The HUD technology is evolving from a conventional HUD to augmented reality

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Balfour Beatty Completes $429 Million Construction of Regional Transportation District’s N Line

DENVER–(BUSINESS WIRE)–Sep 28, 2020–

Balfour Beatty, a part of the Regional Rail Partners (RRP) joint venture team, completes the first phase of design, construction and commission of Regional Transportation District’s (RTD) newest commuter rail corridor, the North Metro Rail Line (N Line). Recently opened on Sept. 21, the $429 million transit project is the first electrified commuter rail line operated by RTD that will significantly improve mobility from the city’s northern suburbs to downtown Denver.

Balfour Beatty served as managing partner of RRP, a joint venture with Graham Contracting, and provided design-build construction services for the N Line. The recently completed 13-mile section of the commuter rail corridor includes six new stations, five public-grade and one private crossing, quiet zones and 2,480 passenger parking spaces. The N Line also features wireless positive train control (PTC) technology, making RTD the first transit agency in the US to build PTC into a

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Automotive Rear Seat Entertainment Market Size to Reach Revenues of over USD 361 Million by 2025 – Arizton

CHICAGO, Sept. 28, 2020 /PRNewswire/ — In-depth analysis and data-driven insights on the impact of COVID-19 included in this global automotive rear seat entertainment (RSE) market report.

The global automotive rear seat entertainment market is expected to grow at a CAGR of over 10% during the period 2019−2025.

Key Highlights Offered in the Report:  

  • Boosted by the growing demand in developed countries such as the US and the UK, the global automotive rear seat entertainment system market is expected to register a CAGR of over 10% in terms of revenue during the period 2019−2025. 
  • The passenger car segment is expected to grow at a CAGR of over 10% during the period 2019–2025 propelled by the healthy demand during the forecast period.
  • The overhead systems segment is likely to grow at a CAGR of over 11% as a majority of existing fleets with legacy DVD entertainment system are shifting towards
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