Agility has invested in CargoX, a platform to revolutionize how road freight is booked in complex markets like Brazil. CargoX works to connect businesses that need to ship freight with truckers who have excess capacity. Brazil reportedly has an excess of between 300,000 and 350,000 vehicles, with trucks running empty 40 percent of the time. Reducing the number of empty trucks on the highway increases revenue for truckers, reduces costs for freight owners, and reduces the carbon footprint of transport.
Agility has invested in Hyliion, a hybrid technology for the trucking industry that reduces fuel consumption and corresponding emissions by up to 30 percent. It achieves this by recycling kinetic energy from braking that would otherwise be wasted.
TVP Solar is a break-through, high-vacuum solar thermal technology serving the most energy-demanding applications, such as air conditioning, desalination, and process heat. Already deployed in the Middle East – including in Agility’s corporate headquarters – TVP solutions operate autonomously with no need for cleaning, directly replacing fossil fuels with cheaper, cleaner, solar heat.