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South Korean President Yoon Suk Yeol met with Tesla CEO Elon Musk in Washington, D.C., today during a six-day visit to the US. The meeting was at Musk’s request to discuss the possibility of building a Tesla Gigafactory in Korea. Yonhap, a Korean news agency, summarized the meeting, saying that Yoon emphasized that “South Korea […]
Solid-state battery developer QuantumScape has shared its Q1 fiscal 2023 letter to shareholders, detailing its financial outlook and the progress of its potentially life-changing technology. Here’s the latest: QuantumScape ($QS) is an advanced battery technology company with over 13 years of experience developing scalable, effective solid-state batteries that achieve cost parity with traditional lithium-ion cells popular in […]
Pioneer Natural Resources (PXD) posted solid first-quarter results after the bell Wednesday, thanks to higher-than-expected energy production. Free cash flow, however, was a slight miss. It was also a bittersweet evening as CEO Scott Sheffield said he will retire at the end of the year after more than two decades collectively at the helm. Pioneer’s […]
An electric compact excavator was airlifted to a summit in the Swiss Alps to help rebuild one of the world’s most iconic cable car routes – because diesel machines aren’t up to the job. Volvo Construction Equipment’s ECR25 Electric compact excavator is being used on a 100 million Swiss Franc project to build a new cableway from […]
Shelby America introduced its first production EV, the Shelby Mustang Mach-E GT, to celebrate the 100th anniversary of founder Carrol Shelby’s birth. However, the electric Shelby Mustang will only be available in Europe, and there will be extremely limited availability. The history behind the Shelby Mustang Founded in 1962 by former race car driver Carrol […]
WAEV, the maker of the popular GEM neighborhood electric vehicle, has just announced a new solar panel option that turns the roof of its EVs into a convenient energy source. GEM’s electric vehicles are one of the most popular Low Speed Vehicles in the US, a class of small and efficient vehicles designed to operate […]
Formula E, the electric open-wheel racing series, has pushed back plans to introduce a mid-race 600 kW charging session until next year. The series had planned to have a short charging pit stop during races this year, but supply chain issues have delayed the implementation of the plan. This year, Formula E introduced a new, […]
The final day of the 2023 HIMSS Global Conference and Exhibition in Chicago closed with a keynote discussion featuring Buffalo Bills safety Damar Hamlin. Hamlin spoke about his recovery and outlook after his sudden collapse due to a cardiac event during a Monday Night Football match in January against the Cincinnati Bengals. When […]
Tesla has decided to make its controversial “yoke” steering wheel an option, and it is even asking for a $250 premium for it. When Tesla unveiled the new Model S with the “yoke” butterfly steering wheel, it was controversial. Some were worried about the actual shape of the wheel being problematic, while others were concerned […]