ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Range Energy’s Electric-Powered Trailer Platform Named One of Fast Company’s 2024 World Changing Ideas

 The eighth annual awards honor new and inspiring solutions to the most daunting challenges of today

The winners of Fast Company’s 2024 World Changing Ideas Awards were announced today, highlighting fresh sustainability initiatives, cutting-edge developments, and other creative projects that are helping mold the world.

Range Energy (Range), the hardware company bringing powered trailers to the commercial trucking market, was honored for its electric-powered trailer platform in the Energy category. Range’s trailers are built to ease the transition to electrification and help fleets meet emerging emissions mandates. The technology is compatible with existing diesel trucks and can immediately improve fuel efficiency up to 40 percent, as well as extend the range of electric semi trucks when they scale in the market.

Range recognizes the urgency to reduce emissions and that trailers are a key technology to accelerate decarbonization for the heavy transport sector. Range’s trailer-based approach enables fleets to add electrification technology to their trucks in the near-term, at lower cost, and with minimal infrastructural disruption or requirements. Range trailers also enhance the utility of existing electrified tractors by extending their shorter-than-normal range to cover a wider variety of routes.

This year’s World Changing Ideas Awards showcase 50 winners, 127 finalists, and 172 honorable mentions—with health, education, energy, and AI among the most popular categories. A panel of Fast Company editors and reporters selected winners from a pool of more than 1,300 entries across climate, social justice, wellness, politics, technology, corporate social responsibility, and more. Several new categories were added this year, including beauty and fashion, health products, health services, materials, and science and technology. The 2024 awards feature entries from across the globe, including the Republic of Korea, Brazil, and Madagascar.

Fast Company’s Spring 2024 issue (on newsstands May 21, 2024) will unveil some of the world’s most creative minds and pioneering organizations that are seeking to disrupt the status quo. The solutions cover everything from renewable energy storage and waste in the fashion industry to a building made entirely from recycled concrete and a fridge that’s solar-powered and designed to run off the grid.

“We’re honored that our breakthrough trailer technology is being recognized as a ‘world changing idea’ by Fast Company and among an esteemed group of other technologies, products, and initiatives,” said Ali Javidan, CEO and founder, Range Energy. “We are bringing a state-of-the-art electric propulsion platform to commercial trailers, and by doing so, ensuring our trailer platform is a durable, long-term solution for the heavy transportation industry. Our mission is to make towing cleaner, safer, and more efficient, and our team has made tremendous progress thus far.”

“I was struck this year by the global sweep of the honorees,” says Fast Company editor-in-chief Brendan Vaughan. “It’s endlessly inspiring to see how the world is coming together to devise inventive solutions to our most challenging problems. We need ideas from everywhere, and this year’s World Changing Ideas Awards are an extraordinary encapsulation of the innovation and creativity that is so abundant around the globe.”

About Range Energy

Range Energy (Range) accelerates the electrification of commercial transportation via powered trailers for the heavy duty truck market. With a solution that can easily hook up to any tow vehicle, Range’s powered trailers offer offroad mobile power, and can rapidly ease the transition to electrification and meet its commercial partners' immediate needs and long-term ambitions. Range was founded in 2021 and is led by a team with deep EV industry expertise from Tesla, Zoox, Honda, and more. The company is backed by leading investors including Trousdale Ventures, UP.Partners, R7, Yamaha Motor Ventures, and more. For more information, visit: https://range.energy/.

About The World Changing Ideas Awards

World Changing Ideas is one of Fast Company’s major annual awards programs and is focused on social good, seeking to elevate finished products and bold concepts that make the world better. Judges choose winners, finalists, and honorable mentions based on feasibility and the potential for impact. With the goals of awarding ingenuity and fostering innovation, Fast Company draws attention to ideas with great potential and helps them expand their reach to inspire more people to work on solving the problems that affect us all.

About Fast Company

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  229.53
+0.42 (0.18%)
AAPL  278.78
-1.92 (-0.68%)
AMD  217.97
+1.99 (0.92%)
BAC  53.95
+0.07 (0.13%)
GOOG  322.09
+3.70 (1.16%)
META  673.42
+11.89 (1.80%)
MSFT  483.16
+2.32 (0.48%)
NVDA  182.41
-0.97 (-0.53%)
ORCL  217.58
+3.25 (1.52%)
TSLA  455.00
+0.47 (0.10%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.