This week sees continued investment across transportation and energy, with progress in autonomous mobility, EV manufacturing, and hydrogen infrastructure. There has also been plenty of deal activity, highlighting continued confidence in the businesses helping shape the future of transportation.
Market developments
Madrid launches Spain's first autonomous on demand bus service
Madrid has introduced Spain's first autonomous on demand bus service at Mercamadrid, the country's largest food distribution hub. Operated by Alsa, the fully electric vehicle serves employees and visitors using a hybrid operating model: fixed schedules during peak periods and app-based, demand-responsive routing during quieter times. The bus combines Level 4+ autonomous driving technology with 5G connectivity, cameras, LiDAR, and other safety systems, while retaining an onboard operator. Future phases are expected to progress toward remote supervision and full autonomy. The project forms part of a wider European mobility program assessing operational performance, passenger behavior, and broader deployment potential.
Thailand attracts $4.1bn for EV manufacturing and supply chains
Thailand has secured more than $4.1bn in EV-related investment commitments across 198 projects spanning vehicle production, batteries, charging infrastructure, and key components. The country's strategy supports hybrids, plug-in hybrids, and battery electric vehicles, allowing both established manufacturers and new entrants to expand operations. Electrified vehicles accounted for more than 40% of new registrations in 2025, with hybrids holding the largest share and BEVs close behind. Planned BEV manufacturing projects alone are expected to add annual production capacity exceeding 370,000 vehicles, reinforcing Thailand's position as a leading automotive hub and center for next-generation vehicle production in Southeast Asia.
EVE Energy expands European manufacturing footprint
EVE Energy is strengthening its European presence through a €1.3bn battery manufacturing facility in Debrecen, Hungary. Located adjacent to BMW's assembly plant, the site will become the company's first mass-production base in Europe for large cylindrical battery cells and will supply vehicles including BMW's Neue Klasse platform. The first phase is expected to deliver 30GWh of annual production capacity from 2027 and create more than 1,000 jobs. Alongside manufacturing, EVE is investing in battery traceability, lifecycle management, and carbon accounting systems, including a battery passport platform designed to meet increasingly stringent European regulatory requirements.
Infrastructure & policy
Dutch government commits €450m to hydrogen storage project
The Netherlands has pledged €450m to support development of the country's first large scale underground hydrogen storage facility. Led by state-owned gas infrastructure operator Gasunie through its HyStock project, the development will create four salt caverns in the northern Netherlands capable of storing substantial hydrogen volumes. The facility is intended to act as a strategic reserve, storing hydrogen produced during periods of high renewable generation and supplying it when demand exceeds production. The first cavern is expected to become operational around 2031 and connect to the national hydrogen network, helping support industrial users and strengthen long-term energy security.
Deals
CMA CGM acquires FedEx Supply Chain in $1.4bn transaction
CMA CGM has agreed to acquire FedEx Supply Chain for $1.4bn, significantly expanding its contract logistics footprint in North America. The business will be integrated into CEVA Logistics and is expected to nearly triple CEVA's regional contract logistics operations. Following completion, the combined organization will operate around 150 warehouses and employ approximately 20,000 people across more than 240 North American locations. FedEx Supply Chain provides warehousing, fulfillment, transportation management, and reverse logistics services across sectors including retail and healthcare. The companies also plan long-term commercial partnerships covering ocean freight and selected air cargo activities.
ComfortDelGro expands UK coach operations with P&J Ellis acquisition
ComfortDelGro has acquired London-based coach operator P&J Ellis, adding a fleet of 26 executive coaches and around 50 employees to its UK portfolio. Founded more than four decades ago, P&J Ellis will continue operating from its Perivale depot, which forms part of the transaction and will support the group's wider coach activities. The acquisition strengthens ComfortDelGro's presence in the capital's private hire coach market and complements businesses including Westbus, Adventure Travel, Metroline, and Addison Lee. The deal secures the future of the family-owned operator while supporting the group's strategy of investing in established transportation businesses.
Lime's Nasdaq debut signals renewed investor interest in micromobility
Electric bike and scooter rental operator Lime raised $174m through its Nasdaq listing, with shares rising around 8% following the debut. The IPO valued the company at approximately $1.6–1.7bn, marking a substantial recovery from pandemic-era valuation declines. Founded in 2017, Lime now operates in more than 230 cities worldwide and generated nearly $887m in revenue during 2025. While the company remains unprofitable, it has emerged as one of the few large standalone micromobility operators to expand successfully following years of industry consolidation. Management expects future growth to come from deeper penetration in existing markets and expansion into new cities.