New York State’s largest solar + storage carport breaks ground at JFK airport

  • April 24, 2024
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Rendering: New York Port Authority New York State’s largest onsite solar plus storage project – a solar carport canopy at JFK International Airport – has begun construction. Once the solar carport comes online, it will help power the AirTrain and reduce electricity costs for residents of low-income neighborhoods in Queens. The solar carport will be […]

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AI-enabled drug discovery company Xaira launches with $1B

  • April 24, 2024
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Xaira Therapeutics, an AI-enabled drug discovery and development company, announced its launch with more than $1 billion in capital.   The biotechnology company is a joint incubation by ARCH Venture Partners and Foresite Labs, the lead investors in the funding round.  Lux Capital, Two Sigma Ventures, F-Prime, Rsquared, SV Angel, Menlo Ventures, Sequoia Capital, NEA, the […]

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GenAI company Alaffia Health raises $10M and more digital health fundings

  • April 24, 2024
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Alaffia Health, which creates genAI solutions for health insurance claims, secured $10 million in Series A funding, bringing its total raise to $17.6 million.  FirstMark Capital led the funding round with participation from GingerBread Capital and existing investors Aperture Venture Capital, Anthemis, 1984 Ventures, Tau Ventures and Remarkable Ventures.  Amish Jani, founder and partner of […]

BYD teases bold Ocean-M electric car powered by its new EV platform

  • April 24, 2024
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Another fully electric BYD vehicle is set to debut this week. Ahead of its official reveal, BYD is teasing the upcoming Ocean-M electric car, which will be based on its new EV platform. BYD previews new Ocean-M EV ahead of its debut BYD is on a roll lately. Although Tesla took back its title as […]

EPA announces $1B in grants for electric school buses and heavy-duty vehicles

  • April 24, 2024
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Photo: Highland Fleets Today, the US Environmental Protection Agency (EPA) announced nearly $1 billion in grants to replace gas heavy-duty vehicles and school buses with electric vehicles. The Clean Heavy-Duty Vehicles Grant Program will support the adoption and deployment of eligible Class 6 and 7 electric vehicles while also funding charging infrastructure and workforce development […]

Tesla gives update on Cybertruck, 1,000 in a week

  • April 24, 2024
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Tesla Cybertruck production April 2024 Tesla has released a rare update on Cybertruck production – confirming the production of 1,000 Cybertruck in a week. The automaker had warned that the Cybertruck production ramp could prove difficult due to unique features, like the stainless steel body. Tesla started production back in November 2023 and didn’t release […]