Japanese eVTOL developer SkyDrive shared two exciting developments today. First, it has officially received a G-1 certification in Japan for its flagship “SKYDRIVE” eVTOL. This is a step forward for the aviation startup working toward commercial eVTOL operations in Japan and the US. In the meantime, SkyDrive also shared its first real-world images of its aircraft, including one in the air.
SkyDrive Inc. is a lesser-known name in the blossoming sustainable aviation segment, but it has been making quick progress in development on two continents while expanding its global customer base. A huge milestone on SkyDrive’s to-do list is reaching scaled eVTOL production. It intends to do so with the help of Suzuki, which has signed on to manufacture the aircraft in Japan.
In the summer of 2023, SkyDrive announced that it was establishing a US headquarters in South Carolina and had secured its first eVTOL pre-order. Its order books continue to grow as SkyDrive works toward achieving eVTOL flight certification in both the US and Japan.
While the company has made progress on that front, we had yet to see any images of its flagship eVTOL beyond renderings… until now. Today, SkyDrive shared first real-life images of its “SKYDRIVE” eVTOL alongside a certification update overseas in Japan.
Our first image of SkyDrive’s 3-seat eVTOL in flight / Source: SkyDrive
SkyDrive eVTOL nabs G-1 certification from JCAB
Earlier today, SkyDrive confirmed that its flagship eVTOL aircraft had been issued a G-1 certification basis from the Japan Civil Aviation Bureau (JCAB), the country’s equivalent organization to the FAA in the US. This milestone builds upon existing cooperation between the eVTOL developer and JCAB to eventually achieve type certification for the former’s “SKYDRIVE” 3-passenger aircraft.
Speaking of which, SkyDrive also shared its first official images of the SKYDRIVE eVTOL (seen above) before its official unveiling at the World Expo 2025 in Osaka, Japan, where it will also perform demonstration flights to the public.
Source: SkyDrive
SkyDrive says it is continuing discussions with JCAB over its future certification plan in order to reach a finalized agreement as to the eVTOL testing schedule and procedures. Once a certification plan is in place, SkyDrive intends to begin eVTOL ground and flight testing in Japan.
At the same time, the eVTOL developer is working with the Federal Aviation Administration (FAA) to validate a separate certification process for the SKYDRIVE eVTOL in the US. SkyDrive’s Chief Development Officer Arnaud Coville spoke to the company’s certification milestone and what the future holds:
We are pleased to announce that the JCAB has issued the G-1 certification basis that will apply to our first commercial eVTOL aircraft. We have reached this significant milestone through a series of respectful and collaborative discussions with the JCAB. The issuance of this certification basis represents the culmination of substantial efforts invested over several months. We are also thrilled with the recent progress achieved in our validation project with the FAA. Our prototype aircraft, which is currently undergoing an extensive series of flight tests, continues to accumulate valuable data as we make steady progress toward the upcoming demonstration flights at the Osaka Expo. As we pursue our certification roadmap and showcase the capabilities of our aircraft to the public, 2025 is set to become an important year for SkyDrive. We are delighted that the year is off to such a great start.
SkyDrive says its flagship eVTOL is undergoing flight tests in preparation for its official public unveiling at the World Expo 2025, which will kick off in Osaka on April 13, 2025, and run through mid-October.
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Australian logistics company Linfox is making big moves to electrify its heavy-duty semi fleet with the addition of thirty new Volvo FH and FM Electric semi trucks as the Swedish brand works to begin production at its Brisbane facility.
Volvo Trucks is expecting to begin full scale production of its FH and FM Electric semi trucks at the Brisbane factory in early 2026, just in time to fill the Linfox order – which happens to be the company’s largest in Australia. So far.
“We are very proud to continue our close partnership with Linfox. The order for 30 Volvo electric trucks is proof of their trust in our company and in zero-emissions transport as a viable solution here and now,” said Roger Alm, President Volvo Trucks. “Our commitment to start building electric trucks in Australia demonstrates our confidence in this technology, and means we can offer an industry-leading range of purpose-built electric trucks all around the world.”
“Linfox is excited to partner with Volvo in driving the future and leading sustainable logistics in Australia,” explains Peter Fox AM (Member of the Order of Australia), Executive Chairman of Linfox. “Further electrifying our fleet sets the standard for us and our customers and the entire industry.”
Linfox’ latest order includes 29 Volvo FH Electric and one FM Electric semi. The company currently has four electric Volvo trucks in its fleet of 195 semis, with plans to continue to electrify as ICE-powered assets reach retirement.
Electrek’s Take
Linfox Volvo semi fleet; via Volvo Trucks.
Now counting miles in operation in the tens of millions and rolling out its third generation of electric semi trucks, Volvo (and, by extension, Mack and Renault) continue to build a huge lead in the commercial trucking space. The competition, meanwhile, seems content to post pictures of its first factory while trucks that have been on order for years still haven’t reached customers.
I can’t see how they (Tesla) catch up from here.
SOURCE | IMAGES: Volvo Trucks.
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Oakland International Airport (OAK) in Alameda, California is helping stressed-out air passengers breathe a little bit easier with the introduction of five new battery-electric K9MD shuttle buses to its ground equipment fleet.
“We applaud Oakland Airport and their commitment to electrifying its fleet,” said Jason Yan, Vice President of Sales, West Region and National Account at Ride. “[BYD] Ride is thrilled to partner with OAK to offer sustainable transportation solutions that benefit both the environment and the community.”
The K9MD buses seat up to 42 passengers and have a 208 mile operating range from a 352 kWh lithium iron phosphate battery. That battery is backed by a 12-year warranty to help keep fiscally conservative fleet buyers at ease, while the smooth, quiet, and electric drive keeps the fleet’s operators happy, too.
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Oakland International Airport is operated by the Port of Oakland, and is scheduled to electrify its entire ground operations fleet by 2030.
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With President Donald Trump’s private dinner for top meme coin holders less than a week away, the leaderboard is awash with crypto wallets that are effectively anonymous.
On May 22, the top 220 $TRUMP holders are invited to a dinner with the president at his Virginia golf club outside of Washington, D.C. The event was announced last month, and the tally closed Monday night.
The nature of the pseudonymous wallets raises questions about the true identities and motivations of the token’s largest holders, who have bought a seat at the table with a U.S. president.
Documents from blockchain analytics firm Inca Digital that were reviewed by CNBC show where the top 275 $TRUMP token holders send and receive the token. Many are heavily tied to international exchanges like Binance that don’t service U.S. customers, an indication that they’re likely not U.S. citizens.
An analysis by Bloomberg revealed that 19 of the top 25 wallets are almost certainly owned by individuals operating outside the U.S.
Justin Sun, who openly shared that he bought $75 million worth of the Trump family’s World Liberty Financial token — a digital coin where 75% of proceeds go to Trump-related entities — is believed to be at the top of the $TRUMP meme token leaderboard.
Sun, who was born in China, is the crypto entrepreneur behind the Tron blockchain and is in talks with the SEC to resolve civil fraud charges.
A wallet called Sun currently holds more than $18 million worth of $TRUMP, with $4.5 million bought after the dinner contest announcement, according to Bloomberg.
Multiple reports point to the wallet being tied to the Tron founder. A representative for Sun didn’t respond to CNBC’s request for comment or confirm whether Sun is the wallet owner.
MemeCore, a Singapore-based crypto network that was vocal in its quest to secure a spot at the Trump dinner, landed in second place with an investment of $18 million. An Australian crypto entrepreneur also reportedly made the cut.
The leaderboard points to the token’s extreme volatility.
Inca Digital told CNBC that while 560,376 wallets have made a combined $5.2 billion in realized gains on the $TRUMP token, an even larger number — 592,962 wallets — have collectively lost $3.9 billion.
The figures underscore the massive wealth transfer within Trump’s crypto ecosystem, where early buyers have seen windfalls while the majority have suffered losses.
Chainalysis and Elliptic, two leading blockchain analytics firms, initially tracked $TRUMP token movements and trading fees. But days after CNBC published a story on the number of crypto wallets that had lost money on the meme coin, the firms said they were too busy with existing clients to continue blockchain analysis of the president’s self-branded meme token.
Sen. Richard Blumenthal, D-Conn., the ranking member of the Senate Subcommittee on Investigations, warned that the Trump family’s growing crypto holdings may serve as a backdoor for foreign and corporate interests seeking access to the president.
Freight Technologies, a Houston-based logistics firm that trades on the Nasdaq and has a market cap of just over $2.3 million, bought $2 million worth of the $TRUMP tokens to influence U.S.-Mexico trade policy, according to a release. CEO Javier Selgas described the move as a strategic push to “champion fair and free trade” across the U.S.-Mexico border.
Freight Technologies finished in 250th place, missing the cut for the dinner.