Polestar (PSNY) losses grow in Q2 amid record deliveries, two new EVs near production

  • August 31, 2023
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Swedish performance EV maker Polestar (PSNY) reported its Q2 2023 earnings on Thursday, showing widening losses as production scales. Polestar is entering an “exciting” growth phase with two highly anticipated EVs scheduled for production. Polestar hits record deliveries, but losses widen in Q2 Polestar delivered 15,765 EVs in the second quarter of the year, up […]

Not dead yet! Here’s who just bought VanMoof to revive the e-bike company

  • August 31, 2023
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In a not entirely unforeseen turn of events, Dutch electric bike brand VanMoof has just found a buyer to scoop up the bankrupt e-bike maker. McClaren Applied’s scooter brand Lavoie purchased the company and looks set to try and roll it into its micromobility portfolio. To refresh your memory, VanMoof recently took a glossy tailspin […]

Super73: Meet the e-bike company that squares love to hate

  • August 31, 2023
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Anyone that’s into e-bikes is almost certainly already aware of Super73. And if you aren’t into e-bikes, then you’ve probably at least seen some Super73s riding around your town. They’re the admittedly motorcycle-looking electric bikes that haven proven extremely popular with young riders in the US. And perhaps that’s the first clue as to why […]

Tesla is under federal investigation over company resources being used to build Elon Musk a house

  • August 31, 2023
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Tesla is now under federal investigation by the DOJ over potentially using company resources to build a mansion for Elon Musk. This story first emerged last year. It was reported that Tesla was conducting an internal investigation about misappropriating company resources. More specifically, Bloomberg reported that Omead Afshar, director of Elon Musk’s office, was about […]

Soft robotic implant monitors scar tissue to self-adapt for personalised drug treatment

  • August 31, 2023
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Researchers in Ireland and the US have detailed a breakthrough in medical device technology that could lead to intelligent, long-lasting, tailored treatment for patients thanks to soft robotics and AI. The transatlantic partnership has created a smart implantable device that administers a drug -while also sensing when it is beginning to be rejected – and uses AI […]

Digital-first care company Babylon puts two divisions into administration – htn

  • August 31, 2023
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Representatives from restructuring firm Alvarez & Marsal have announced that they will be acting as administrators over Babylon Group Holdings Limited and subsidiary Babylon Partners Limited, and have completed a sale of “certain of the companies’ UK businesses and assets” to eMed Healthcare UK Limited. In the announcement late Wednesday, Alvarez & Marsal confirmed the […]

Gateshead Health NHS launches patient engagement platform – htn

  • August 31, 2023
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The breast services clinic at Gateshead Health NHS Foundation Trust is set to pilot a new patient engagement platform in an effort to reduce the trust’s reliance on paper systems, reduce associated costs and ultimately improve patient experience. The new platform has been designed to provide a “quick and easy way to accept, cancel or […]