Crowdfunding drive for underground ecommerce delivery service tops £1m

clock • 2 min read

The idea from British start-up Magway could reduce the UK’s CO2 emissions by six million tonnes per year, its CEO claims

A British engineering start-up looking to embed an innovative freight delivery system using underground pipes has succeeded in crowdfunding more than a million pounds for the project, it announced yesterday....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

Don't put the brakes on the UK's market lead in electric vehicles

Don't put the brakes on the UK's market lead in electric vehicles

Policymakers should be encouraged by the UK's new lead in the market and keep us motoring ahead, writes Green Alliance's Nick Davies

Nick Davies, Green Alliance
clock 24 April 2025 • 5 min read
Musk concedes tariff's negative impact on Tesla as carmaker misses Q1 earnings targets

Musk concedes tariff's negative impact on Tesla as carmaker misses Q1 earnings targets

Eve Maddock-Jones
clock 23 April 2025 • 4 min read
Study: More than half of councils unable to monitor whether EV chargers are working

Study: More than half of councils unable to monitor whether EV chargers are working

The number of public EV chargers more than doubled between 2022 and 2023, but over half of councils are in the dark over reliability

Stuart Stone
clock 18 April 2025 • 5 min read
Loading page