
Danny Sauter, who was recently elected supervisor for District 3 in San Francisco’s northeast, grew up in a household where politics and public service were constantly in the background. Sauter’s father was a labor attorney who represented multiple unions and his mother was a teacher who ran the community-service program at the local high school and would take him to a soup kitchen with her to volunteer. That blend of experiences “always oriented me towards being interested in public service,” said Sauter, a nonprofit executive director, community organizer and political moderate by San Francisco standards, whose campaign won the backing of moderate forces seeking an aligned majority of supervisors. Come January, Sauter will get to do the public’s business on a whole new level as a first-time elected official and District 3’s first new supervisor since 2015. His district includes the Financial District — the flagging engine of The City’s economy — in addition to Chinatown, Jackson Square, North Beach, Fisherman’s Wharf, Polk Gulch and Union Square, as well as Russian, Telegraph and Nob hills. Sauter ran on issues like hiring more first responders for public safety, ranging from police to dispatchers; getting cleaner neighborhoods ; building affordable housing; protecting renters; filling vacant storefronts; and reducing homelessness. His stances drew support from some tech-aligned reformists who labeled longtime Supervisor Aaron Peskin an obstructionist on housing. A native of Columbus, Ohio, Sauter, 36, got his start in private industry, moving to San Francisco after graduating from university for his first job, which was at a tech startup where Sauter said he met his future wife. “The company didn't work out, but that's worked out,” Sauter said of his marriage. Sauter, who minored in entrepreneurship and Chinese as an undergraduate at Miami University in Oxford, Ohio,, then co-founded a digital marketing agency in North Beach called Bamboo, which he helped run for five years and grow to 58 employees. In late 2015, however, Sauter’s life took a turn when he became increasingly involved in North Beach Neighbors, a neighborhood organization serving the area where he rents an apartment and for which he served as a board member and past president. For the group, Sauter led a successful effort to establish a farmers market, which he has run and which typically operates on Saturdays at Greenwich St. and Columbus Ave. The experience fueled Sauter’s desire to be more widely involved in local affairs, he said. Sauter said setting up the farmers market also demonstrated how difficult it can be to get things done in The City, prompting thoughts for him about cutting red tape and improving municipal services. Sauter began volunteering for political campaigns, like Sen. Scott Wiener’s for state Senate in 2016. He helped to count and draw attention to the number of vacant stores in the district, organized street cleanups and a volunteer delivery service to support local restaurants during the COVID-19 lockdown, lobbied for more protected bicycle lanes and advocated for more housing as the first housing chair of the San Francisco group of the Sierra Club. In August of 2019, Sauter left Bamboo, which is now located in Seattle, and became the executive director of Neighborhood Centers Together, a nonprofit that provides support to eight neighborhood centers around The City. “I left that work with the advertising agency to try and be closer to this world, this world of politics, this world of civic engagement, public service,” Sauter said. “I didn't exactly know where it would lead me, but I knew I needed to be in this world. It was something I couldn't shake.” About the same time, Sauter said he started taking lessons in Cantonese to better communicate with Asian American residents of District 3, which he has pursued ever since. Seeing a lack of what he saw as a credible candidate to challenge Supervisor Peskin in the 2020 election, Sauter jumped into the deep end, and though Peskin prevailed, Sauter finished second with 43% of the vote after the final tally of ranked choices. This year, Peskin was not on the ballot, as he is termed out after his second consecutive term — Peskin’s fifth on the board overall — and Sauter beat out two candidates whom Peskin endorsed. Sauter got almost 55% of the vote, or 14,056 votes, compared to 45% for second-place finisher Sharon Lai, who got 11,512 votes, after five rounds of ranked-choice voting. Sauter’s win came despite a coordinated strategy in the final stretch of the race in which several of his opponents formed alliances to urge voters to place each other’s names above Sauter’s as a second choice. Among other things, they challenged Sauter’s commitment to police; Sauter said that he opposed increasing police spending in 2020 following a Minneapolis police officer’s murder of George Floyd, highlighting the need for more mental-health and social-worker responders. This election, Sauter insisted that he supported increased police staffing. Candidate Moe Jamil also portrayed Sauter, a vocal advocate for building more housing , particularly high-density housing on commercial corridors, as someone “Bought and Paid for by Big Developers” and questioned Sauter’s commitment to protecting tenants, a concern Sauter rejected. Sauter has argued that embracing urban density will make San Francisco more vibrant and help achieve climate goals. Sauter received contributions from a wide array of interests, including real estate and the San Francisco Apartment Association Political Action Committee, as well as prominent tech and venture-capital figures. In all, he raised $429,211, including public financing. Outside spending in support of Sauter was higher than for any other candidate, coming from two moderate groups: an Abundance Network-sponsored committee that spent $161,877 and a GrowSF committee that spent $70,910, according to city records. The Abundance Network , a pro-housing organization with tech origins, was instrumental in the moderate takeover of the San Francisco Democratic County Central Committee in March, and the committee in turn endorsed Sauter. Diana Taylor, president of the Barbary Coast Neighborhood Association, said she expected Sauter’s experience supporting small businesses will help attract neighborhood-serving retail in areas like where she lives just north of downtown, which she said has many vacant storefronts and no functioning commercial corridor. Taylor said she expected Sauter to elevate community voices versus paid lobbyists, who too often hold inordinate sway in her opinion. “Danny, as a neighborhood organizer, knows that leveling the playing field is critical to making projects fit in a neighborhood,” she said. Sauter was optimistic about the future, saying he believes that falling interest rates will energize the economy. He did not endorse any candidate for mayor but said having a new mayor in Daniel Lurie will help shake off “stigma” that has settled on The City, which has suffered from negative perceptions fueled by stories in recent years about San Francisco’s problems with crime, commercial vacancies and homelessness. “There has been a hesitancy to take a chance in San Francisco,” Sauter said. ”A new mayor is an important opportunity for us to go and sell San Francisco again.” Sauter said he wants to spur action on a variety of fronts, particularly to stimulate a revival of the downtown economy, an area he thinks has not received enough “urgency.” Downtown San Francisco has had record-high office vacancies since the pandemic and the rise of remote work. “I think everything related to downtown and tourism and hospitality has to be front and center,” said Sauter, who recently met with Lurie and told the mayor-elect the No. 1 thing he wants to work with him on is “everything related to downtown recovery.” Like others, Sauter said he also hopes to see a significant number of office-to-residential conversion projects in underutilized office buildings downtown. Though Mayor London Breed pushed for regulatory changes to facilitate such conversions and voters in March passed a transfer tax exemption on the sale of converted buildings, there has been no flood of proposals. “Everyone's been talking about this for the last few years, but we're not seeing much action on it. And I want to understand why that is,” he said. Sauter points to the example of the former Pfizer headquarters building in midtown Manhattan , which is being converted into apartments as part of what is billed as the largest office-to-residential conversion in the Big Apple’s history. “We need to figure out why they're able to do it and why we're not,” Sauter said. One thing Sauter said he would like to see is city employees working in person in offices more days a week, which he argued could especially benefit neighborhoods around Civic Center. “It is an area for The City itself to lead and to say, ‘We're back in person,’” he said. In Fisherman’s Wharf, Sauter said some vacant commercial spaces on Bay Street could be replaced with dense housing. On Washington Square Park, meanwhile, Sauter said he wants to see progress on rebuilding the burned out shell of an apartment building at 659 Union St. , which gutted by a massive fire in 2018. Proposals to redevelop the property , including a hotel and rooftop restaurant, stalled. Sauter said he wants The City to investigate the possibility of buying the site for affordable housing and potentially for a North Beach station for the Central Subway, which Sauter — pointing out that a tunnel has already been dug to the site — said he would like to see extended from Chinatown to Fisherman’s Wharf. Precedent for such a purchase exists because The City in 2012 bought property on Stockton Street for the Central Subway’s Chinatown Rose Pak Station , he said. “One way or another, I want some action on that building,” Sauter said. “I want some movement. I know the neighborhood does. It's a big hole in the neighborhood.”
Dana Hull | (TNS) Bloomberg News Jared Birchall, Elon Musk’s money manager and the head of his family office, is listed as the chief executive officer. Jehn Balajadia, a longtime Musk aide who has worked at SpaceX and the Boring Co., is named as an official contact. Related Articles National Politics | Trump’s picks for top health jobs not just team of rivals but ‘team of opponents’ National Politics | Biden will decide on US Steel acquisition after influential panel fails to reach consensus National Politics | Biden vetoes once-bipartisan effort to add 66 federal judgeships, citing ‘hurried’ House action National Politics | A history of the Panama Canal — and why Trump can’t take it back on his own National Politics | President-elect Trump wants to again rename North America’s tallest peak But they’re not connected to Musk’s new technology venture, or the political operation that’s endeared him to Donald Trump. Instead, they’re tied to the billionaire’s new Montessori school outside Bastrop, Texas, called Ad Astra, according to documents filed with state authorities and obtained via a Texas Public Information Act request. The world’s richest person oversees an overlapping empire of six companies — or seven, if you include his political action committee. Alongside rockets, electric cars, brain implants, social media and the next Trump administration, he is increasingly focused on education, spanning preschool to college. One part of his endeavor was revealed last year, when Bloomberg News reported that his foundation had set aside roughly $100 million to create a technology-focused primary and secondary school in Austin, with eventual plans for a university. An additional $137 million in cash and stock was allotted last year, according to the most recent tax filing for the Musk Foundation. Ad Astra is closer to fruition. The state documents show Texas authorities issued an initial permit last month, clearing the way for the center to operate with as many as 21 pupils. Ad Astra’s website says it’s “currently open to all children ages 3 to 9.” The school’s account on X includes job postings for an assistant teacher for preschool and kindergarten and an assistant teacher for students ages 6 to 9. To run the school, Ad Astra is partnering with a company that has experience with billionaires: Xplor Education, which developed Hala Kahiki Montessori school in Lanai, Hawaii, the island 98% owned by Oracle Corp. founder Larry Ellison. Ad Astra sits on a highway outside Bastrop, a bedroom community about 30 miles from Austin and part of a region that’s home to several of Musk’s businesses. On a visit during a recent weekday morning, there was a single Toyota Prius in the parking lot and no one answered the door at the white building with a gray metal roof. The school’s main entrance was blocked by a gate, and there was no sign of any children on the grounds. But what information there is about Ad Astra makes it sound like a fairly typical, if high-end, Montessori preschool. The proposed schedule includes “thematic, STEM-based activities and projects” as well as outdoor play and nap time. A sample snack calendar features carrots and hummus. While Birchall’s and Balajadia’s names appear in the application, it isn’t clear that they’ll have substantive roles at the school once it’s operational. Musk, Birchall and Balajadia didn’t respond to emailed questions. A phone call and email to the school went unanswered. Access to high quality, affordable childcare is a huge issue for working parents across the country, and tends to be an especially vexing problem in rural areas like Bastrop. Many families live in “childcare deserts” where there is either not a facility or there isn’t an available slot. Opening Ad Astra gives Musk a chance to showcase his vision for education, and his support for the hands-on learning and problem solving that are a hallmark of his industrial companies. His public comments about learning frequently overlap with cultural concerns popular among conservatives and the Make America Great Again crowd, often focusing on what he sees as young minds being indoctrinated by teachers spewing left-wing propaganda. He has railed against diversity, equity and inclusion efforts, and in August posted that “a lot of schools are teaching white boys to hate themselves.” Musk’s educational interests dovetail with his new role as Trump’s “first buddy.” The billionaire has pitched a role for himself that he — and now the incoming Trump administration — call “DOGE,” or the Department of Government Efficiency. Though it’s not an actual department, DOGE now posts on X, the social media platform that Musk owns. “The Department of Education spent over $1 billion promoting DEI in America’s schools,” the account posted Dec. 12. Back in Texas, Bastrop is quickly becoming a key Musk point of interest. The Boring Co., his tunneling venture, is based in an unincorporated area there. Across the road, SpaceX produces Starlink satellites at a 500,000-square-foot (46,000-square-meter) facility. Nearby, X is constructing a building for trust and safety workers. Musk employees, as well as the general public, can grab snacks at the Boring Bodega, a convenience store housed within Musk’s Hyperloop Plaza, which also contains a bar, candy shop and hair salon. Ad Astra is just a five-minute drive away. It seems to have been designed with the children of Musk’s employees — if not Musk’s own offspring — in mind. Musk has fathered at least 12 children, six of them in the last five years. “Ad Astra’s mission is to foster curiosity, creativity, and critical thinking in the next generation of problem solvers and builders,” reads the school’s website. A job posting on the website of the Montessori Institute of North Texas says “While their parents support the breakthroughs that expand the realm of human possibility, their children will grow into the next generation of innovators in a way that only authentic Montessori can provide.” The school has hired an executive director, according to documents Bloomberg obtained from Texas Health and Human Services. Ad Astra is located on 40 acres of land, according to the documents, which said a 4,000-square-foot house would be remodeled for the preschool. It isn’t uncommon for entrepreneurs to take an interest in education, according to Bill Gormley, a professor emeritus at the McCourt School of Public Policy at Georgetown University who studies early childhood education. Charles Butt, the chairman of the Texas-based H-E-B grocery chain, has made public education a focus of his philanthropy. Along with other business and community leaders, Butt founded “Raise Your Hand Texas,” which advocates on school funding, teacher workforce and retention issues and fully funding pre-kindergarten. “Musk is not the only entrepreneur to recognize the value of preschool for Texas workers,” Gormley said. “A lot of politicians and business people get enthusiastic about education in general — and preschool in particular — because they salivate at the prospect of a better workforce.” Musk spent much of October actively campaigning for Trump’s presidential effort, becoming the most prolific donor of the election cycle. He poured at least $274 million into political groups in 2024, including $238 million to America PAC, the political action committee he founded. While the vast majority of money raised by America PAC came from Musk himself, it also had support from other donors. Betsy DeVos, who served as education secretary in Trump’s first term, donated $250,000, federal filings show. The Department of Education is already in the new administration’s cross hairs. Trump campaigned on the idea of disbanding the department and dismantling diversity initiatives, and he has also taken aim at transgender rights. “Rather than indoctrinating young people with inappropriate racial, sexual, and political material, which is what we’re doing now, our schools must be totally refocused to prepare our children to succeed in the world of work,” Trump wrote in Agenda 47, his campaign platform. Musk has three children with the musician Grimes and three with Shivon Zilis, who in the past was actively involved at Neuralink, his brain machine interface company. All are under the age of five. Musk took X, his son with Grimes, with him on a recent trip to Capitol Hill. After his visit, he shared a graphic that showed the growth of administrators in America’s public schools since 2000. Musk is a fan of hands-on education. During a Tesla earnings call in 2018, he talked about the need for more electricians as the electric-car maker scaled up the energy side of its business. On the Joe Rogan podcast in 2020, Musk said that “too many smart people go into finance and law.” “I have a lot of respect for people who work with their hands and we need electricians and plumbers and carpenters,” Musk said while campaigning for Trump in Pennsylvania in October. “That’s a lot more important than having incremental political science majors.” Ad Astra’s website says the cost of tuition will be initially subsidized, but in future years “tuition will be in line with local private schools that include an extended day program.” “I do think we need significant reform in education,” Musk said at a separate Trump campaign event. “The priority should be to teach kids skills that they will find useful later in life, and to leave any sort of social propaganda out of the classroom.” With assistance from Sophie Alexander and Kara Carlson. ©2024 Bloomberg News. Visit at bloomberg.com. Distributed by Tribune Content Agency, LLC.At age 32, we’d like to suggest is aging like fine wine. “I don’t know. I’m not a big wine guy,” the Canadiens’ winger said after Friday morning’s practice at the CN Sports Complex in Brossard. “I’m more a beer guy. “There’s been times where I haven’t played good hockey,” Gallagher continued. “There’s been times where I’ve played good hockey and been rewarded. Played poor hockey and got rewarded. Over the course of your career I think it all evens out. You put in the time in the summer, you take care of yourself and put in the work, you hope it pays off. But it’s too early in the year to be thinking like that. I feel confident. I feel comfortable. There’s still areas of my game where I’d like to improve and find ways to contribute a little bit more.” Heading into Saturday night’s Bell Centre match against the Vegas Golden Knights Gallagher has through 19 games. Only Cole Caufield, with 12 goals, has lit the lamp more. Gallagher signed a in October 2020. Perhaps this is just a continuation of last season’s late resurgence, when Gallagher scored five goals and added three assists over Montreal’s final five games, giving him 16 goals and 31 points in 77 contests. The 5-foot-9, 185-pounder has made a career from parking his body in front of the net, and has the bumps and bruises to show for his conviction. He’s now in his 13th season with the Canadiens, is the team’s longest-serving member, and understands better than anyone the rich tradition associated with the organization and its rabid fan base. Gallagher also seems to have found a comfort level with linemates Josh Anderson and Christian Dvorak. “Pucks are just finding a way to go in right now,” Gallagher said. “There’s times when they’re not. That’s why I look at my game in other regards. There’s other things I measure and like to do on the ice. Right now, I feel like I’m doing them and am being rewarded. But there’s times where that hasn’t been the case. “All I’m trying to do is be consistent for my coaches and my teammates. Be relied upon and hopefully be there every night. Every once in a while they go in. Everyone wants to contribute. There’s lots of ways to contribute. You can contribute to a team’s success in a lot of different ways. Sometimes it’s not always recognized or measured.” It certainly hasn’t hurt Gallagher’s cause that he has recovered from his litany of injuries. From the fractured jaw he suffered during the 2020 playoffs — while playing with a tear in his hip — to twice breaking his hand and twice fracturing his ankle, limiting him to 37 games during the 2022-23 season, Gallagher has paid the price for his style of play. In the past, Canadiens head coach Martin St. Louis has expressed a desire to have Gallagher re-wire his approach to the game, relying on his experience and acumen to prosper rather than draining his physical energy. If the message has been slow to resonate, St. Louis has no qualms with the veteran’s play, suggesting he has improved his “software.” “It’s never too late,” St. Louis said, making an analogy to new and improved versions of Apple iPhones. “When you improve the software, you have more options. I know Gally’s really good in front of the net, but that’s not all he’s doing now. He’s doing way more. When you’re constantly battling with somebody in front of the net, it takes a toll and you’re probably prone to more injuries when that’s all you’re doing. “He understands ... sometimes it’s his turn to go. But it’s not his only job on the ice. He’s playing the whole game more. I think he’s having fun playing. Obviously he’s getting some results, which makes it fun. But it’s not luck.” The Canadiens will attempt to for the first time this season on Saturday — something they accomplished only once in 2023-24 in late March, defeating Seattle, Colorado and Philadelphia on the road. Montreal has been idle since Monday, while the Golden Knights will be playing their third road game in four nights. “We should come out with some good energy,” St. Louis said. “I think our start is very, very important.” Patrik Laine, recovering from an exhibition game knee injury, practised at full speed with his teammates and didn’t seem affected. He wasn’t made available to the media.
Elon Musk’s preschool is the next step in his anti-woke education dreamsOpinion editor’s note: Strib Voices publishes a mix of guest commentaries online and in print each day. To contribute, click here . ••• The scariest thing about being 17 isn’t deciding where you’re going to college or what you want to do when you’re older; instead, it’s missing out on voting in the biggest election of your lifetime. I was born on Feb. 9, 2007. My 18th birthday will arrive 96 days after Election Day. I knew everything about each candidate; I read Project 2025, I read Kamala Harris’ policies, and I knew who I would vote for. Yet I still waited anxiously on Nov. 5 to learn the fate of the next four years that I had no say in. This is not me advocating for lowering the voting age, but rather stating why voting is a privilege we should not give up. I would have done anything to take the place of someone who felt their vote didn’t matter and vote instead of them. I would have gladly marched around with my “I Voted” sticker. Instead, I was forced to pray and hope my candidate won. My friends at school, including those who are 18, asked me who I supported. I chose not to answer because I’ve seen the backlash some give to teenagers: “You can’t vote, so why do you care?” The truth is, this election affects me too. President-elect Donald Trump promised to dismantle the Department of Education, which runs the Free Application for Federal Student Aid (FAFSA). Harris pledged to assist first-time homeowners. Trump pledged to end inflation and fix the economy. Harris pledged to make college more affordable. Both candidates had policies that would affect me in the next four years. Yet I had to sit and watch without making my voice heard. Being 17 doesn’t mean I shouldn’t be involved or active in politics. I volunteered with a campaign and even phone-banked for one of the candidates. Whenever I was asked why I cared so much about an election I couldn’t vote in, I struggled to answer. The truth is, this election affected every single American. I was invited this summer to the prestigious weeklong Boys State Program held in June at St. John’s University in Collegeville, Minn. I was an active participant and held roles all throughout the journey. I was first appointed city clerk by my city. I was then elected to the state Senate and, last, won a statewide election as secretary of state. This experience proved to me that my voice deserves uplifting. I encourage parents to educate their children on the elections even if the children can’t vote. I have always had an interest in politics, and my parents’ teaching me was a main driving force. Teach your child about both sides; don’t teach them what to think but rather what each side believes. I have family members who have different views, and that’s OK! Parents, do not worry about your child having different views; it means you raised them to be a free thinker. Politicians should encourage underage volunteers. Let children become involved in your campaigns. Let them go door-knocking and phone-banking, or even let them become members of your social team. Let children have a chance to be active in politics. Remember, they deserve to be heard, too. Encourage them to share their voice; let democracy live on into the next generation. As for political parties, encourage young people to preregister to vote, teach them about your policies, offer internships and support the upcoming politicians. Supporting our young people is an easy thing to do, but it also requires your commitment. I’m not asking you to hire a vice chair of the party who is 16. I’m asking you to encourage the young people to be active. Our future is at stake, too, and we have nobody to amplify that; you can. I am proud to be American, and our country’s future is bright. So, parents and teachers, encourage your students to go door-knocking or phone-banking for a candidate. Encourage your student to be an informed citizen, and — who knows? — they may just one day be our president. Wyatt Pohlen, a senior at Minneota High School, plans to attend the University of Minnesota to pursue a degree in political science.
New Delhi, Dec. 24, 2024 (GLOBE NEWSWIRE) -- According to the latest study from Astute Analytica, the Israel light commercial vehicle market is projected to hit the market valuation of US$ 1,319.69 million by 2032 from US$ 859.33 million in 2023 at a CAGR of 5.18% during the forecast period 2024–2032. Recent developments in Israel's light commercial vehicle market have been marked by fluctuations in sales, technological advancements, and the impact of geopolitical events. In 2023, the total vehicle market, which includes LCVs, recorded sales of 270,433 units, reflecting a modest 0.3% increase from the previous year. This growth is notable given the challenges posed by the Israel-Hamas conflict, which disrupted supply chains and created economic uncertainty. Specifically, the LCV segment is projected to achieve sales of 31,340 units in 2024 from over 30,814 units in 2023 , highlighting the continued demand for these vehicles despite broader challenges. The resilience of the LCV market underscores its critical role in Israel's commercial and logistics sectors, which rely heavily on these vehicles for last-mile delivery and small-scale business operations. Download Sample Pages @ https://www.astuteanalytica.com/request-sample/israel-light-commercial-vehicle-market Technological advancements are reshaping the light commercial vehicle market in Israel, with a growing emphasis on electric vehicles (EVs) and advanced driver-assistance systems (ADAS). The integration of connectivity features and ADAS in new LCV models reflects the influence of Israel's robust tech sector on the automotive industry. This shift aligns with global trends toward sustainable and smart mobility solutions, which are driving consumer demand. The government's support for EV adoption through tax incentives has further accelerated this transition, making electric LCVs more attractive to businesses and consumers. While the overall automotive market in Israel is projected to grow at a CAGR of 15.74% from 2024 to 2032, the LCV segment is expected to benefit significantly from this trend, particularly as businesses increasingly adopt technologically advanced and environmentally friendly vehicles. Key Findings in Israel Light Commercial Vehicle Market Growth of e-commerce demands efficient delivery vehicle solutions. Infrastructure development increases need for construction transport vehicles. Government incentives promote adoption of eco-friendly commercial vehicles. Rising preference for electric and hybrid light commercial vehicles. Integration of advanced telematics in fleet management. Customization of LCVs to suit specific industry requirements. Economic and Purchase Power Impact of Ongoing Conflict on the Sales of LCVs The ongoing Israel-Hamas conflict has introduced additional complexities to the light commercial vehicle market. Supply chain disruptions have affected the availability of vehicle components, while economic instability has reduced consumer purchasing power and business investments. Employment in the Gaza Strip dropped by 61%, and in the West Bank by 24% between October and November 2023, reflecting the broader economic downturn. Additionally, government spending increased by over 20% following the outbreak of war, potentially redirecting resources away from infrastructure and business expansion that typically drive LCV demand. Despite these challenges, the market is expected to recover and grow, with unit sales projected to rise from 14,200 in 2024 to 38,000 by 2032 (for the broader commercial vehicle market). This growth trajectory, coupled with the ongoing shift toward electric and technologically advanced LCVs, indicates the market's adaptability and long-term potential. Potential and Opportunity Analysis The Israeli light commercial vehicle market is poised for substantial growth, fueled by the convergence of several positive factors. The drivers, such as the booming e-commerce sector generating over $8.1 billion in sales, have created a robust demand for efficient delivery vehicles. The government's commitment to infrastructure development, with investments surpassing $30 billion, further propels the need for reliable LCVs in construction and related industries. Apart from this, emerging trends like the adoption of electric and hybrid vehicles are reshaping the market dynamics. With environmental sustainability taking center stage, the sales of electric LCVs have reached over 1,800 units, a significant increase from previous years. Opportunities abound for manufacturers and dealers specializing in eco-friendly models, especially with government incentives totaling $100 million up for grabs. The revenue pockets are expanding, particularly in sectors like logistics and urban delivery services, which require versatile and efficient transportation solutions. The light commercial vehicle market's potential in Israel is further enhanced by the integration of emerging technologies. Advanced telematics and fleet management systems are becoming standard, with over 10,000 LCVs now equipped with such features. These technologies improve efficiency, reduce operational costs, and enhance safety. As Israel continues to position itself as a tech-savvy nation, the LCV market reflects this ethos, embracing innovation and setting the stage for continued growth in the coming years. Vans Take Up Over 36% Revenue Share of Israel’s Light Commercial Vehicle Market The emergence of vans as the most in-demand segment within Israel’s light commercial vehicle (LCV) market is supported by robust data and trends. In 2023, the Israeli vehicle market recorded total sales of 268,878 units, a slight increase of 0.3% from the previous year. Within this market, the LCV segment is projected to reach over 31,340 units in 2024, with vans playing a critical role. The full-size vans market alone is expected to generate US$ 124 million in revenue in 2024. Meanwhile, the minivans segment is set to generate US$ 198 million in 2024. These figures highlight the strong demand for vans, driven by their versatility, cost-effectiveness, and adaptability to diverse business needs. The growing prominence of vans in the light commercial vehicle market is fueled by urbanization, e-commerce growth, and evolving business requirements. Israel's population, projected to grow from 9.3 million in 2024 to 13.2 million by 2040, is intensifying the demand for efficient urban logistics solutions. Vans, with their ability to navigate crowded city streets and carry significant cargo, are indispensable for businesses in densely populated areas. The thriving e-commerce sector, generating billions in annual revenue, has further increased demand for reliable last-mile delivery options. Additionally, the projected rise in vehicles from 3.8 million in 2023 to 6.4 million by 2040 underscores the growing need for urban transportation solutions. Vans, with an average price of US$ 62,000 for full-size models in 2024, offer businesses a cost-effective and efficient logistics solution. Looking ahead, the van market is poised for continued growth, albeit with variations across sub-segments. Inquire more about this report before purchase: https://www.astuteanalytica.com/inquire-before-purchase/israel-light-commercial-vehicle-market Electric LCVs Control Less than 2% of Market Despite Boom in Adoption The adoption of light commercial vehicle market in Israel significantly lags behind global trends, reflecting a combination of infrastructure challenges, policy uncertainties, and market immaturity. While Israel's overall electric vehicle (EV) market has grown rapidly, with EV ownership increasing from 2,600 in 2019 to nearly 96,000 in 2023 (a staggering CAGR of 14.6%), the lack of focused growth in the LCV segment is evident. In 2023, electrified vehicles accounted for 41% of new car sales in Israel, but this figure is dominated by passenger EVs, with little measurable adoption of electric LCVs. In comparison, global electric LCV sales nearly doubled in 2023, representing 3.6% of total LCV sales, while leading regions like China and Europe boast adoption rates of 15% and 6.9%, respectively, indicating Israel’s lagging position in this segment. A major hurdle for electric LCV adoption is Israel’s insufficient charging infrastructure, which currently includes 4,230 charging stations as of August 2023, with 85% being slower AC stations and only 15% high-capacity DC chargers. For commercial light commercial vehicle market that require frequent and rapid charging, this limited infrastructure poses significant operational challenges. Moreover, 2023 surveys indicate that Israeli EV users perceive a shortage of public charging stations, further deterring businesses from transitioning fleets to electric. Additionally, high public charging costs, ranging from 1.1 to 2.2 Israeli Shekels per kWh, coupled with higher upfront costs of electric LCVs, reduce the economic appeal for cost-sensitive businesses. Policy uncertainty also plays a role in Israel’s sluggish adoption of electric LCVs. While the current EV purchase tax stands at 10%, it is set to rise to 20% in 2023 and 35% in 2024. This creates hesitation among potential buyers, particularly for commercial entities weighing long-term costs. Despite a government investment of 625 million NIS in EV infrastructure, the lack of targeted incentives for LCVs exacerbates the slow growth in this segment. Consequently, Israel’s electric LCV market trails behind global leaders, underpinned by inadequate support systems to meet commercial vehicle needs. Israel Light Commercial Vehicle Market Key Players: Toyota Motor Corporation Mitsubishi Fuso Truck and Bus Corporation Nissan Motor Co. Ltd. Isuzu Motors Ltd. Other Prominent Players Market Segmentation: By Vehicle Type Pick Up Trucks Vans Minibuses Mini Trucks Transit Ambulance Chassis Cabs and Cutaways By Propulsion Type ICE EV By Distribution Channel OEMs Aftermarket Ask For Customization @ https://www.astuteanalytica.com/ask-for-customization/israel-light-commercial-vehicle-market About Astute Analytica Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe. 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Former Ohio State quarterback Kirk Herbstreit is one of the most well-known figures in college football. A longtime host of ESPN's venerable 'College Gameday' pregame show, Herbstreit is often singled out for his unique takes on the Buckeyes and Big Ten games along with college football games from across the nation. On Saturday, virtually all of the college football world expected Herbstreit's alma mater to snap its three-game losing streak against "The Team Up North," coach Sherrone Moore's Michigan Wolverines. What unfolded was an upset for the ages that had Herbstreit taking to social media to send a message to Michigan's rookie coach. Junfu Han/USA Today "Rivalry weekend. Ya just never never know," Herbstreit said on his X account after the game. "That's why they play the games. Congrats to @Coach_SMoore and @UmichFootball." Herbstreit's colleague Desmond Howard was the only member of the "College GameDay" crew who picked the Wolverines to win the game, an unsurprising turn of events considering Michigan was an underdog of 23 or more points in some circles. Herbstreit's tweet was viewed over 215,000 times heading into the evening as Ohio State players and coaches were left to pick up the pieces, their fate for the 2024 12-team College Football Playoff still undecided. Related: Gus Johnson Throws Shade at Michigan, Sherrone Moore After Win vs. Ohio StatePower finally restored at Philadelphia International Airport after 16 hours and numerous flight delays
Traffic to a major Metro Vancouver container port terminal began flowing nearly three hours after it was disrupted by pro-Palestinian protesters starting around 8 a.m. Part of the protest on the road into Deltaport was aimed at Dallas Leung, a UBC board member and vice-president of Global Container Terminals, which operates the port. “The board of governors continues to invest UBC’s endowment in companies complicit in Israeli apartheid and genocide, and these include weapons companies like Raytheon, Lockheed-Martin that make bombs that drop in Gaza, and shipping and logistic companies, like Zim, that pass through Deltaport, and facilitate these weapon shipments,” said Sam, one of the protesters. UBC’s president has said the university’s endowment fund does not directly own the weapon companies, but 10 per cent of its endowment — about $2.8 billion — is invested in a managed fund that includes ownership in those stocks. The protester’s chants also included calls for the destruction of the state of Israel. Police were on the scene. According to an afternoon release, officers told protesters to clear the road and continue their protest without blocking traffic. Outbound traffic was restored by 10:20 a.m. and inbound traffic started getting into the port again around 11 a.m. There were no arrests at the protest and police say none are expected. An investigation is ongoing. Global Container Terminals says terminal operations at the port continued without interruption during the protest, despite demonstrators blocking truck access. It says there was no delay to shipping operations at the port. The protest had dispersed by 11:30 a.m.
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