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

ZEV Mandate: Plug-in hybrid flexibilities could cost British drivers £13.8bn, study claims

ZEV Mandate: Plug-in hybrid flexibilities could cost British drivers £13.8bn, study claims

ECIU suggests encouraging plug-in hybrid sales could cost British drivers £1,000 a year, prompting fears of 'Dieselgate 2' scandal

Stuart Stone
clock 16 June 2026 • 6 min read
ZEV Mandate: Anger at government plans to water down EV rules

ZEV Mandate: Anger at government plans to water down EV rules

Reports suggest Number 10 is planning to cut electric vehicle sales quotas for 2030 from 80 per cent to 50 per cent of the new car market

James Murray
clock 15 June 2026 • 7 min read
'Well within reach': EV charging sector could boost UK economy £15.5bn by 2035

'Well within reach': EV charging sector could boost UK economy £15.5bn by 2035

Analysis from ChargeUK and LCP Delta reveals multi billion-pound opportunity for EV charging sector in the UK, provided ZEV Mandate remains on track

James Murray
clock 10 June 2026 • 6 min read