Ford pauses work, limits spending on $3.5 billion EV battery plant with CATL

  • September 25, 2023
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Ford is pausing construction on its $3.5 billion EV battery plant in Marshall, Michigan, with plans to limit spending for the time being. Ford pauses construction at planned EV battery plant Ford spokesperson T.R Reid told The Detroit News Monday, “We’re pausing work, and we’re going to limit spending on construction at Marshall until we’re […]

NIO denies fundraising report claiming it’s considering raising $3B from investors

  • September 25, 2023
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Pioneering Chinese EV maker NIO denied a fundraising report Monday that claims that the company is considering raising $3 billion from investors. The report from Bloomberg stated, “NIO is considering raising around $3 billion from investors,” sourcing people familiar with the matter. According to the sources, NIO approached investors in the Middle East, suggesting fundraising […]

The two most common cars traded for Tesla Model 3 might surprise you

  • September 25, 2023
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A new study shows what vehicles buyers are trading in for used electric vehicles, including the Tesla Model 3, which is the most popular used EV in the US. The top two vehicles tradded for the Model 3 might surprise you. The study is coming from CarMax, which used it extensive used car data on […]

Solar and battery storage prices have dropped almost 90% in 10 years

  • September 25, 2023
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The cost of solar power has fallen by 87%, and battery storage by 85% in the past decade, according to a new study – here’s why. Berlin-based scientific think tank Mercator Research Institute on Global Commons and Climate Change (MCC) has released a new study in the journal Energy Research & Social Science in which […]

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Costco, Sesame partner to offer low-cost care to Costco members

  • September 25, 2023
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Self-pay healthcare marketplace Sesame announced its teaming up with Costco to provide the wholesaler’s members virtual and in-person healthcare at a discounted price through Sesame’s network of providers.  Sesame’s direct-payment healthcare marketplace provides consumers access to telehealth and in-person services, including mental health consultations and urgent care visits. The service is offered to individuals without […]

First look at Ukraine’s new electric combat kayaks with grenade launchers

  • September 25, 2023
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Ukraine has a silent but deadly new weapon in its arsenal: electric combat kayaks  Over a year and a half into a defensive war against a Russian invasion, necessity has forced Ukraine to be extremely creative in the face of the enemy’s larger collection of war materiel. In the past, that has included electric bicycles […]

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Facilitating digital transformation through sufficient technical integration

  • September 25, 2023
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The COVID-19 pandemic changed the technology landscape across the healthcare industry, and the transformation continues. Healthcare organizations around the globe are investing in new digital technologies to enhance care delivery, reduce costs, manage workforce shortages and adapt to evolving healthcare delivery patterns. Youzhi Li, PhD, director of healthcare at Keysight, said, “Newer technologies can address […]