Range Energy’s Electric-Powered Trailer Platform Named One of Fast Company’s 2024 World Changing Ideas
May 14 2024 - 7:39AM
Business Wire
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240513334669/en/
Media Kate Gundry range@pluckpr.com 617-797-5174