North America is now the growth leader for new battery factories

  • May 31, 2023
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North America became the fastest-growing regional market for planned new battery cell manufacturing factories by the end of 2022, according to a new report released today. Clean Energy Associates’ (CEA) “Energy Storage System Supplier Market Intelligence Report” asserts that the incentives offered by the Biden administration’s Inflation Reduction Act (IRA) are the catalyst for the surge of […]

Here’s where Toyota’s first US-made EV, an electric 3-row SUV, will be built

  • May 31, 2023
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Toyota’s largest plant globally is going electric. The company revealed Wednesday it would assemble its new three-row electric SUV at its Georgetown, Kentucky, facility starting in 2025. The new SUV will be Toyota’s first US-assembled EV as the market continues to surpass expectations. Toyota’s first US-assembled EV will be in Kentucky “Toyota Kentucky set the […]

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GPT enabled conversational AI provider Hyro garners $20M

  • May 31, 2023
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Hyro, maker of a GPT-enabled conversational AI provider for healthcare, announced it raised $20 million in Series B funding led by Macquarie Capital, bringing the company’s total funding to $35 million.  Liberty Mutual Strategic Ventures and Black Opal Ventures, alongside existing and new investors, also participated in the round.  Dan Philips, executive director at Macquarie […]

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GE HealthCare receives FDA 510(k) for deep learning software

  • May 31, 2023
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GE HealthCare announced it received FDA 510(k) clearance for its Precision DL deep learning image processing software.  Precision DL utilizes deep learning, a subset of AI and machine learning, to improve image quality on the company’s PET/CT, Omni Legend, and allows for faster scanning time and improved small lesion detection. The software is the company’s […]

Tesla to power new massive $500 million energy storage project

  • May 31, 2023
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Tesla is going to supply its Megapack for a massive new $500 million energy storage project in Arizona in partnership with Strata Clean Energy. It should become one of the largest battery projects in the world. Today, Strata announced that it signed a 20-year tolling agreement with Arizona Public Service (APS) for a massive new […]

A new electric ‘supercar sedan’ is coming from former Lamborghini, Ferrari execs

  • May 31, 2023
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Aiming to be the “Italian redefinition of electric mobility,” AEHRA is a new global ultra-premium EV mobility brand. After recruiting talent from Lamborghini and Ferrari, AEHRA looks to disrupt the auto industry with Italian design and world-class engineering. AEHRA is launching two new EVs, including an electric “supercar sedan” and an SUV. Born in the […]