Ford CEO Jim Farley at a briefing in Dearborn, Michigan, on the carmaker’s new business structure. Ford Motor Ford Motor Co. is doubling down on plans to compete with Elon Musk’s Tesla, General Motors...
Tag: Electric
Electric Capital Raises $1B to Invest in Crypto Startups
Palo Alto-based Venture Capital firm Electric Capital announced Tuesday that it has raised $1 billion to invest in the cryptocurrency ecosystem. According to the official post on the startup’s blog, i...
Electric Capital Raises $1B to Support DeFi and Web3 Projects
Crypto markets may be in a downtrend so far in 2022, but there is no slowing in the massive amount of venture capital cash that is flooding into decentralized finance (DeFi) and Web3 projects. The lat...
Electric Capital Secures $1 Billion to Invest in Early-Stage Crypto Projects
Blockchain venture firm Electric Capital has raised $1 billion to back seed and early-stage startups in the crypto industry. Electric Raises $1B to Invest in Crypto Startups According to a Tuesday rep...
Crypto VC Electric Capital raises $1 billion in new funding
advertisement Crypto-focused venture capital firm Electric Capital has raised $1 billion in new funding — a massive capital infusion that will be used to continue investing in crypto startups. The fir...
Venture Firm Electric Capital Raises $1 Billion To Invest In Crypto Startups
Curtis Spencer and Avichal Garg formed Electric Capital in 2018 and say they now manage more than $2 billion in assets. Electric Capital Following a year when startups raised record amounts of venture...
Toyota Will Build Electric Buses With Hino, Isuzu In 2024
Toyota Sora Fuel Cell Bus Rendering. Toyota More and more large vehicles are slowly becoming electrified, everything from semi trucks and garbage trucks to school buses and consumer pickup trucks. The...
Lordstown Motors to produce 3,000 electric pickups through 2023
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Embattled electric ...
The Best Electric Vehicle Ever?
The EV revolution is really starting to shake up the “old order” of incumbent manufacturers. But one of the most surprising brands emerging from the upheaval as a winner is Kia. Alongside its parent c...
Embattled Electric Truck Maker Nikola Makes a Big Promise
When Nikola (NKLA) – Get Nikola Corporation Report Mark Russell said the electric truck maker had an extraordinary year in 2021, nobody argued with him. Russell was detailing the company’...
Sequoia-Backed Electric Scooter Startup Beam Secures $93 Million Funding
(From left) Cofounders Alan Jiang and Deb Gangopadhyay. Courtesy of Beam Mobility Singapore-based startup Beam—an electric scooter and bike provider backed by the likes of Gobi Partners, Sequoia Capit...
Nikola Shifting To Electric Semi Production, Building First Hydrogen Fuel Plant
Nikola’s Tre FCEV hydrogen truck goes into production in 2023, though prototype versions are being tested by Anheuser-Busch in Los Angeles. Nikola Corp. Nikola Corp. didn’t generate revenue last...
American Electric Power CEO says it’s focused on cybersecurity defense for years
American Electric Power CEO Nick Akins told CNBC’s Jim Cramer on Thursday that the utility provider feels confident in its cybersecurity defenses. “There’s no question that we’...
‘Charging As A Service’ For Electric Vehicles Growing As A Market Offering
Refueling has traditionally been an individual transaction based upon the fuel requested, but now a … [+] newer business model is available to subscribing customers. getty Amongst several impedi...
Texas’ Rayburn Electric Is First Co-op To Securitize Uri Debt; Still Expected To Sue
David Naylor, Rayburn CEO, signs off on Winter Storm Uri bond. Rayburn Country Electric Cooperative, Inc. The week of Feb. 7 history was made in Rockwall, Texas. But there was no jubilation: No hats w...
Electrified, But Not All Are Electric
The Toyota Prius Prime was named the environmentally “Greenest” car for 2022, based on data compiled … [+] by the American Council for an Energy-Efficient Economy. Toyota With all of...
Apple Supplier Foxconn, Electric Scooter Maker Gogoro To Co-Invest In Indonesia Battery Cell Project
Horace Luke, founder and CEO of Gogoro, a Taiwanese company that developed a battery-swapping … [+] refueling platform for urban electric two-wheel scooters, mopeds and motorcycles, posing for p...
The ‘Electric Vehicle – Cold Weather Thing’ Is Real But Not A Showstopper
I will start with this disclaimer. I absolutely love, love, love my electric vehicle (EV) and don’t foresee ever driving anything else going forward. After buying the car last summer, I documented fiv...
Electric Vehicles Will Need New Taxation Or Governments Will Lose Billions
Governments all over the world rely on the income from vehicle tax and a percentage from the fuel vehicles use. But with EVs, that fuel revenue is gone. This is causing great concern everywhere that E...
Biden rolls out $5 billion to states for electric vehicle chargers
President Joe Biden speaks during a visit to the General Motors Factory ZERO electric vehicle assembly plant, Wednesday, Nov. 17, 2021, in Detroit. Evan Vucci | AP The Biden administration this week r...
Tesla Finally Gets a Mention as Biden Talks Up Electric Vehicles
Text size President Joe Biden spoke in Washington, D.C., on Tuesday. Brendan Smialowski/AFP/Getty Images President Joe Biden just publicly said the T-word— Tesla —seeming to extend an olive branch to ...
Malaysian Tycoon Francis Yeoh’s YTL Power Sells Stake In Australian Electric Utility For $717 Million
Francis Yeoh, executive chairman of YTL Corp., in his office in Kuala Lumpur, Malaysia, on March 27, … [+] 2012. Goh Seng Chong/Bloomberg YTL Power International—controlled by Malaysian tycoon F...
Army’s climate plan will slash emissions, build electric vehicle fleet
Secretary of the Army Christine Wormuth testifies before the House Armed Services Committee about the FY2022 defense budget request in the Rayburn House Office Building on Capitol Hill, June 29, 2021 ...
European Car Sales Rally Expected, But Strong Electric Performance Jeopardized By Charging Sloth
Oliver Zipse, CEO of BMW, and an i4 electric car. Zipse warned the charging network is developing … [+] too slowly (Photo by TOBIAS SCHWARZ/AFP via Getty Images) AFP via Getty Images Two high-pr...
Electric Cars Are As Green As You Think And Don’t Produce More Polluting Particles
The war of words against EVs is hotting up, as I’ve mentioned before. Now the UK’s own Environment Minister George Eustice has waded in and amplified a common trope amongst electric vehicle haters – t...
Thiel Capital, Mesa Air invest in electric seaglider startup Regent
(Illustration) REGENT is developing a flying, electric sea glider with a top speed of 180 miles per hour. Courtesy: REGENT Thiel Capital and regional aviation providers Mesa Air Group are investing in...
First Race Car Trailer To Be Delivered To NASCAR Event By Electric Truck
No. 2 Discount Tire Ford Mustang awaits loading onto the No. 2 Discount Tire Ford/Freightliner … [+] trailer to be pulled by a Freightliner eCascadia tractor approximately 50 miles from Fontana,...
Hot electric vehicle demand likely to boost flat sales growth
Ford (F) is set to report earnings today after the closing bell. Investors remain tentative that the legacy automaker will be able to top estimates amid the global semiconductor shortage and the toll ...
Shares of EV start-up Electric Last Mile plunge more than 50% after CEO, chairman resign
The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company’s...
VW Says Premature To Comment On Report Electric Cars Started Atlantic Transporter Fire
Smoke billows from the burning Felicity Ace car transport ship as seen from the Portuguese Navy NPR … [+] Setubal ship southeast of the mid-Atlantic Portuguese Azores Islands. The ship’s c...