Leading global automaker Stellantis is pausing construction on its planned EV battery plant in Windsor, Canada, over a funding dispute with the federal government. Stellantis, the parent company behind some of the most prominent auto brands, including Jeep, Ram, Alfa Romeo, Maserati, Dodge, Chrysler, Fiat, and more, has halted construction on the EV battery plant […]
We’re always scanning the market, looking for opportunities to deploy capital as prices come down. With our expectation for more volatility ahead as the debt ceiling debate picks up, we’re waiting for the market to get into oversold territory before we start putting the bulk of our 10% cash position to work. Remember, when the […]
Telehealth and medical transportation company DocGo saw its shares rise after reporting its first quarter financial results, showing total revenue of $113 million with a net loss of $3.9 million. The company reported a 19% decline in mobile health revenue from $90.1 million in the first quarter of 2022 to $72.9 million in the first […]
Northvolt is going forward with building its EV battery plant in Germany after the EU ups its subsidies game to compete with US incentives. In November 2022, Northvolt paused its plan to build Northvolt Drei, a gigafactory in Heide, Germany, due to rising energy costs in Europe caused by Russia’s invasion of Ukraine. Jesper Wigardt, […]
Elon Musk told Tesla employees that he wants to approve every new hire at the company personally. It’s a surprising move for a company hiring about 30,000 people per year. Electrek obtained an email that the CEO wrote to Tesla employees today. In the email, Musk said that he wants to get a better understanding […]
Ford unveiled its SUV-inspired, multi-activity vehicle that’s designed to do it all, from adventuring to city travel. The E-Tourneo Courier is Ford’s answer to the growing need for zero-emission multi-purpose travel in Europe. Meet Ford’s new electric multi-activity vehicle Ford continues expanding its lineup of European electric offerings, introducing the E-Transit Courier in April and […]
Amino Health, a healthcare navigation platform, announced it received $80 million in equity and debt financing led by Transformation Capital alongside Oxford Finance. Transformation Capital joins existing investors WTI, Red Swan Ventures, North Woodmere Capital and Commerce Ventures. Mike Dixon, managing partner at Transformation Capital, will join Amino’s board of directors. WHAT IT DOES Amino […]
The News The man should have gotten Alzheimer’s disease in his early 40s — he had a gene mutation that guaranteed it, or so it seemed. Scans of his brain even revealed severe atrophying and the hallmarks of the disease: rough, hard, amyloid plaques and spaghetti-like tangles of tau proteins. But the fatal brain disease […]
During this year’s Automobile Barcelona, Spanish automaker SEAT Cupra further demonstrated its dedication to delivering an all-electric lineup while supporting its native country with new vehicle production. The company shared that its long-teased UrbanRebel concept has its official name – the Cupra Raval. SEAT Cupra, S.A.U., better known as Cupra, is a high-performance brand founded […]
If you’ve been holding out on getting your hands on the new 2023 Kia EV6, now be the time. Kia is doubling down on the new electric crossover with new lease and purchase incentives. Kia introduces new incentives to buy or lease a 2023 EV6 Kia released the EV6, its first dedicated electric car, on […]
