OPEC tells members to reject COP28 deals that target fossil fuels

  • December 8, 2023
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The head of OPEC wrote a letter to its members and urged them to reject any COP28 deal that targets fossil fuels, as seen by Reuters today. Reuters says that three sources confirmed the letter’s authenticity. OPEC – the Organization of the Petroleum Exporting Countries – said to Reuters that it doesn’t comment on official […]

Volkswagen mulls $21K EV with Renault, but don’t get too excited

  • December 8, 2023
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European automakers are looking to affordable EVs to help boost demand. The latest may be a 20,000 euro ($21,500) EV from Volkswagen and Renault. Volkswagen is seeking partners to build an EV under 20,000 euros ($21,500), including Renault. According to a new report from the German newspaper Handelsblatt, the automakers aim to produce 200,000-250,000 units […]

The US’s first large-scale offshore wind farm is about to come online

  • December 8, 2023
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The first five offshore wind turbines at Vineyard Wind 1 will deliver power to the Massachusetts grid within weeks. Vineyard Wind 1 comes online Once online, Vineyard Wind 1’s five GE Haliade-X turbines will deliver around 65 megawatts (MW) of clean energy, enough to power 30,000 homes and businesses in Massachusetts. Once the switch is flipped, […]

2024 Predictions: Unveiling the future of healthcare mergers and acquisitions

  • December 8, 2023
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Today, a tale of two markets are seen in healthcare mergers and acquisition: the present (as reflected in the data about declining dealmaking) and the future (reflected in the increasingly positive outlook by dealmakers). While deal data can vary according to how it is defined and who is reporting, it has declined substantially across the […]

Health

F.D.A. Approves Sickle Cell Treatments, Including One That Uses CRISPR

  • December 8, 2023
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On Friday, the Food and Drug Administration approved the first gene editing therapy ever to be used in humans, for sickle cell disease, a debilitating blood disorder caused by a single mutated gene. The agency also approved a second treatment using conventional gene therapy for sickle cell that does not use gene editing. For the […]

Tesla Model Y is Electrek’s vehicle of the year

  • December 8, 2023
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For 2023, Electrek has decided to make the Tesla Model Y its vehicle of the year. Well, it’s not as much us who decided, car buyers did. With Model Y becoming the first electric vehicle to become the best-selling car in the world and officially mainstream, how can we not make it the vehicle of […]

Genesis GV60 EV wins 2024 SUV of the year in China

  • December 8, 2023
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Hyundai’s luxury brand Genesis is making its mark in the world’s largest EV market. The all-electric Genesis GV60 won China’s 2024 SUV of the year award, beating out several key rivals. Genesis GV60 earns 2024 China SUV of the year award Since its launch in 2021, the Genesis GV60 has earned several awards, including the […]

How mid-power electric motorcycles are a game changer for new riders

  • December 8, 2023
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The motorcycle industry has long stood at the crossroads of tradition and innovation. While roaring engines and iconic designs have been the pride of the past, the future holds the hum of electric powertrains. Until recently, the electric revolution largely focused on creating the fastest, most powerful electric bikes, often sporting equally hefty price tags. […]

Tesla is looking at land for a factory in Thailand, PM says

  • December 8, 2023
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Tesla is looking to acquire a large piece of land for a factory in Thailand, according to the Prime Minister following a visit from Tesla executives. Even though Tesla is putting the brakes for now on Gigafactory Mexico, its next factory, the automaker is reportedly looking for future factory locations to pull the trigger on […]