Utility-scale solar and wind are on track to provide 25% of the US’s installed electrical generating capacity within three years, according to newly released FERC data. The Federal Energy Regulatory Commission’s (FERC) latest monthly “Energy Infrastructure Update” (with data through May 31, 2023) reports that wind now accounts for 11.63% of total installed generating capacity, […]
Toyota’s joint venture in China, FAW-Toyota, issued a recall plan for its electric sedan in China. The recall affects over 12,000 Toyota bZ3 models produced this year due to defective rear door handles. Toyota revealed the bZ3 electric sedan last October as part of its plan to recapture market share in the region. The bZ3 […]
Family First, which provides employers and health plans with a technology platform to support caregivers’ mental health and well-being, secured $11 million in Series A funding. RPM Ventures and Eos Venture Partners led the round with participation from Stephen Fromm and Wormhole Capital. “Family First has a holistic, expert approach to solving caregiving problems,” Jonathan […]
Electric bus and battery maker Proterra, bus dealer ABC Companies, and California utility PG&E have opened North America’s largest electric bus charging center. The privately owned center sits on a 3.5-acre campus in Newark, California, right next to Fremont. It features 20 dual-cable EV chargers that are capable of charging up to 40 electric coaches. […]
A tornado caused extensive damage to a Pfizer drug manufacturing site in Rocky Mount, N.C., on Wednesday, threatening critical supplies for hospitals across the country. The company estimated that one-fourth of the injectable medications it supplies to U.S. hospitals were made at the Rocky Mount property, including drugs used during surgeries and other procedures to […]
Despite delivering a higher percentage of electric cars during Q2 2023, Volvo said its margins on EVs fell due to higher lithium prices. However, that’s expected to change with the introduction of the Volvo EX30, its smallest and cheapest electric SUV. After doubling EV sales in 2022 in a breakout year that included its highest […]
A number of Club stocks that were unloved on Wall Street earlier in the year have seen their fortunes rebound in recent months, including oilfield-services firm Halliburton (HAL) and industrial Caterpillar (CAT) — creating potential opportunities to lock in gains. It’s been the year of technology on Wall Street. But, as Jim Cramer said Wednesday […]
Tesla has launched its electric vehicles in Malaysia as part of its latest expansion in a new market. Now that the Model Y is firmly the best-selling passenger vehicle in the world, Tesla is looking to expand into more markets, especially in Asia. The automaker launched in Thailand recently. Now Tesla is turning its attention […]
Beyond the well-known aesthetics of a cafe racer, which include features like lowered handlebars for a sportier riding position, the spirit of a cafe racer is fast, nimble, and inexpensive, which the Revolve Electric Café Racer has managed to embody. While it may not be the fastest electric motorcycle – not by a long shot […]
Japanese eVTOL developer SkyDrive has announced a pre-order for up to five aircraft from South Carolina-based aerial charter service Austin Aviation. The news comes as SkyDrive looks to enter the US market, make the Palmetto State its new home, and create an entire network in advanced air mobility (AAM). SkyDrive was officially incorporated in Japan […]
