The largest clean energy project in US history closes $11B, starts full construction

  • December 28, 2023
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SunZia, a massive clean energy project in the US Southwest, has closed $11 billion non-recourse financing and launched full construction. Daniel Elkort, executive vice president at Pattern Energy, the project’s California-based developer, said about the milestone finance package: The size and scale of both the SunZia project and this multifaceted financing show that the renewable energy […]

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Women’s health company Heranova Lifesciences launches with $13.5M

  • December 28, 2023
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Boston-based Heranova Lifesciences, a women’s healthcare company focusing on reproductive health, pregnancy and menopause, announced its launch with $13.5 million in seed and seed+ funding. Emerging Technology Partners, Pivotal bioVenture Partners China, Sinovation Ventures and Triwise Capital participated in the round.  WHAT IT DOES The company, which also has a presence in China, offers diagnostic […]

If your Tesla starts ‘smoking’ while Supercharging, it might only be steam

  • December 28, 2023
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As a sort of public service announcement, if your Tesla vehicle starts “smoking” while Supercharging, it might only be steam. Most Tesla vehicles are now equipped with heat pumps, which help with efficiency in cold weather, but they also can produce steam, which can be alarming to some. With many new Tesla owners experiencing a […]

Tesla Cybertruck spotted charging a Rivian R1T electric pickup

  • December 28, 2023
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A Tesla Cybertruck was spotted charging a Rivian R1T electric pickup, seemingly stuck without a functioning fast charger. There are only a few Cybertrucks on the roads, and yet, they are already proving helpful. Cybertruck is equipped with a 240-volt outlet in the back of the bed, which can power many different power tools and […]

Ford will follow Toyota as it leans into hybrids, scaling back EV targets

  • December 28, 2023
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As Ford struggles amid the industry’s shift to EVs, the automaker plans to lean into its hybrids. In a move that mirrors Toyota, Ford is scaling back its transition to EVs to bet on hybrids. Despite Ford’s EV sales hitting a new record with 8,958 electric vehicles sold in November, the automaker is scaling back. […]

EV underdog VinFast to open first dealership in US

  • December 28, 2023
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Credit: VinFast Vietnamese EV maker VinFast has announced that it will open doors to its first dealership in the US in the same state where it is building its $4 billion EV factory. The automaker is partnering with North Carolina’s Leith Automotive Group to start selling its fully electric cars in the state. VinFast has […]

Smartphone maker Xiaomi unveils first EV, aims to rival Tesla and Porsche

  • December 28, 2023
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Source: Xiaomi Weibo account Chinese smartphone giant Xiaomi officially unveiled its first electric car yesterday at a launch event in Beijing while declaring its big ambitions to rival Tesla and Porsche and become a top automaker within the next two decades. The SU7, which we’ve previously covered, signals the transition of the Chinese electronics giant […]