eVTOL air taxi developer Joby Aviation has secured a fresh round of funding from previous investor Toyota Motor Corporation, totaling $500 million. With its investment, Toyota’s total funding committed to the eVTOL specialist inches closer to $1 billion. The money will help Joby secure flight certification and begin commercial production of its sustainable aerial technology. […]
One of the most anticipated new EVs made its debut on the streets of Chicago this morning as Dodge brand CEO Matt McAlear rev’ed onto the stage in a pre-production example of the 2025 Dodge Charger Daytona EV Scat Pack Stage 2. Before we get too far, I want to set your expectations low — […]
Nissan’s LEAF was once the world’s best-selling EV, but it’s lost some ground over the years as new, more advanced models hit the market. Although Nissan plans to launch an upgraded LEAF next year, America’s cheapest EV saw sales surge 187% in the third quarter. “When we launched LEAF in 2010, it instantly became the […]
Illinois utility ComEd kicked off the Chicago Drives Electric event with a $90 million bang, featuring a new Point of Purchase initiative to deliver instant discounts to qualifying business and public sector customers who make the switch to electric vehicles. Chicago Drives Electric kicked off this morning with a media and industry day event sponsored by […]
Tesla (TSLA) is reportedly looking to raise almost $800 million from a debt sale backed by its auto leases. Bloomberg reported the move, which Tesla is reportedly premarketing the debt sale to the market right now: The deal, being run by Societe Generale, would be the electric-vehicle maker’s second transaction of the year and is […]
Photo by Miguel Á. Padriñán on Pexels.com The US Department of Energy (DOE) announces $1.5B for four transmission projects – including connecting the Texas grid to the rest of the US for the first time ever. The projects, spanning multiple states, will add nearly 1,000 miles of new transmission lines and increase grid capacity by […]
What Is the Difference Between Augmented Intelligence and Artificial Intelligence in Healthcare? The term AI is used generically, but it actually refers to two forms of intelligence. Artificial Intelligence An artificial intelligence is designed to perform tasks autonomously. One example is the DAX Copilot from Microsoft, which listens and takes notes during healthcare appointments. It […]
Lucid’s luxury EV is now more affordable than ever. With up to $15,000 in savings on 2024 Lucid Air Pure models, lease prices have dropped below $550 per month. Lucid Air lease prices are cheaper than ever Since delivering its first EV, the Air Dream Edition, in 2021, Lucid continues making its vehicles more efficient […]
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: U.S. stocks were lower Thursday as Wall Street extends Tuesday’s sharp selloff, which was triggered by concern over Iran’s missile attacks on Israel. All three […]
Photo: Scenic Hill Solar US nonprofit coalition Climate United announced $31.8 million in direct financing for the largest commercial and industrial solar deployment in Arkansas’ history. Arkansas-headquartered Scenic Hill Solar will be developing the project for the entire University of Arkansas (UA) System, and it will be the fourth-largest university deployment of renewable energy in the US. The project is Climate United’s first investment from the […]