A new US-India joint venture will spend $1.5B to build US solar factories

  • June 23, 2023
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New US-India joint venture VSK Energy has announced it will invest up to $1.5 billion to develop a vertically integrated solar manufacturing operation in the US, and it’s starting in Colorado. VSK Energy is made up of India-headquartered global solar module maker Vikram Solar and New York-based investors Phalanx Impact Partners and Das & Co. […]

Hyundai IONIQ 5 N Nürburgring testing video teases fighter jet sounds before Goodwood debut [Video]

  • June 23, 2023
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Ahead of its world premiere at the annual Goodwood Festival of Speed in July, Hyundai Motor is teasing the public with one last video of its upcoming performance-focused IONIQ 5 N EV. The racetrack capable model recently entered its final phase of capability testing at the renowned Nürburgring motorsports complex in Germany. Hyundai’s N and N Line performance […]

Siemens Gamesa is having big wind turbine problems – why this is really bad

  • June 23, 2023
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Siemens Gamesa reviewed its wind turbine fleet’s failure rates and discovered that it has much bigger problems than it thought – and that they could take years to fix. Big wind turbine problems at Siemens Gamesa Siemens Gamesa Renewable Energy SA – one of the largest wind turbine makers in the world – is Siemens Energy […]

Infiniti shows dealers new Tesla Model S-like electric sedan amid brand refresh

  • June 23, 2023
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Nissan’s luxury division Infiniti revealed a modern brand refresh on Friday amid a multi-year sales slump. The revamp includes a new logo and Apple-like stores complete with signature scents and sounds. One thing missing from these showrooms – is fully electric vehicles. Infiniti showed off its first EV at a recent dealer meeting, with dealers […]

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Value-based care company Aledade garners $260M

  • June 23, 2023
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Health technology company Aledade announced it scored a whopping $260 million in Series F funding. Lightspeed Venture Partners led the round with participation from Venrock, Avidity Partners, OMERS Growth Equity and Fidelity Management & Research Company. According to Bloomberg, the latest funding round brings the company’s valuation to $3.5 billion, aiding the company in achieving […]

Washington will be 2nd state to require Tesla NACS for public charger money

  • June 23, 2023
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Washington state intends to mandate public chargers to use Tesla’s NACS plug if they want public money, according to Reuters, following hot on the heels of Texas’ announcement to do the same. Tesla first announced its “NACS standard” last November, 10 years after the Model S, the first car using Tesla’s connector, hit the road. […]