Firms backed by Robert Downey Jr. and Bill Gates have funded an electric motor company that slashes energy consumption
Sometimes the smallest innovations can have the biggest impacts on the world’s efforts to stop global climate change. Arguably, one of the biggest contributors in the fight against climate change to date has been the switch to the humble LED li.....»»
Zeekr aims to raise up to $368 million in U.S. IPO
Zeekr founder and Chairman Shufu Li, according to a U.S. filing, will control almost 75 percent of the shareholder voting power in the company after the IPO......»»
A Company Is Building a Giant Compressed-Air Battery in the Australian Outback
Hydrostor, a leader in compressed-air energy storage, aims to break ground on a 200-MW plant in New South Wales by the end of this year. It wants to follow that with a 500-MW facility in California......»»
Public retailers grapple with soft EV demand in Q1
All six public retailers experienced challenges with electric vehicles, but also saw opportunities......»»
Public retailers grapple with soft EV demand in first quarter
All six public retailers experienced challenges with electric vehicles, but also saw opportunities......»»
Luminar lays off 20% of staff amid restructuring
Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an 'asset light' model that includes outsourcing industrialization......»»
Luminar lays off 20 percent of staff amid restructuring
Approximately 140 employees at lidar technology company Luminar were laid off Friday as the company pivots to an "asset light" model that includes outsourcing industrialization......»»
Ecobee is shutting down some of its very first products
Even after a commendable 16-year runtime, the company is offering discounts. Enlarge / The first Ecobee Thermostat, may it rest in peace. (credit: Ecobee) Ecobee is killing off some of its oldest thermostats. The "Ecobee.....»»
Here’s how Jaguar will relaunch as an all-EV brand
In 2021, it canceled an EV months before production—now it's preparing for 2025. Enlarge / Its unlikely the next electric Jaguar will look much like these extreme coupés, designed by the brand for Gran Turismo. (credit: Jaguar.....»»
Jaguar wins 1-2 in Monaco as it prepares its rebirth as EV-only brand
In 2021, it cancelled an EV months before production—now it's preparing for 2025. Enlarge / Its unlikely the next electric Jaguar will look much like these extreme coupés, designed by the brand for Gran Turismo. (credit: Jagua.....»»
Tweaking isotopes sheds light on promising approach to engineer semiconductors
Research led by scientists at the Department of Energy's Oak Ridge National Laboratory has demonstrated that small changes in the isotopic content of thin semiconductor materials can influence their optical and electronic properties, possibly opening.....»»
Japanese satellite chases down space junk
A satellite from Japanese company Astroscale has taken an up-close image of a piece of space debris it has been chasing down......»»
Rivian taps Volvo executive as COO ahead of new-model launch
Rivian Automotive Inc. hired Javier Varela as its new chief operations officer to help the electric-vehicle maker scale output as it prepares to roll out a lower-cost model geared for the mass market......»»
Analysis paralysis - hot takes from investment firms in the wake of Apple earnings
Apple had a pretty good quarter despite China weakness, defying analysts' doom-and-gloom predictions. Here's what some of them think on the morning after.Apple's iPhone results may indicate China's buying higher-priced modelsThursday saw Apple CEO Ti.....»»
Apple said to be stealing tech from expensive suppliers to give to cheaper ones
A new report claims that a supplier may develop new technology or new processes, only for Apple to — perfectly legally — take that work to a cheaper company, sometimes leaving the original one to go bankrupt.Apple has suppliers all over the world.....»»
What’s happening at Tesla? Here’s what experts think.
Can things be turned around at Tesla, or is this the beginning of the end? Enlarge (credit: Aurich Lawson | Getty Images | Beata Zawrzel) No car company in recent years has been able to generate more news headlines than.....»»
What did we learn from Tim Cook’s comments yesterday?
There were no surprises in Apple’s earnings report yesterday, with the company reporting close to the $5B year-on-year fall in revenue it had warned us to expect. Analysts got their usual chance to question CEO Tim Cook and chief financial offic.....»»
Tim Cook: Apple has advantages that will set its generative AI apart from the competition
Following on from the announcement of Apple’s second quarter fiscal 2024 results, Apple CEO Tim Cook joined the company’s chief financial officer Luca Maestri on a call with investors. During this call, Cook again teased Apple’s upcoming genera.....»»
Tim Cook teases AI ambitions & Apple"s developmental advantages
During the earnings call, CEO Tim Cook dodged as many questions as he answered about Apple's AI plans, but did share some insights into the company's philosophies about the approach.Apple's Tim Cook teases AI ambitions in latest earnings callWhile Ap.....»»
Research explores energy and land-use practices on US golf courses
In 2018, golf was estimated to contribute significantly to the US economy, generating $84 billion, supporting 2 million jobs, and providing $59 billion in compensation. Given its prominence, golf holds a valuable position within US culture. However,.....»»
New eco-friendly lubricant additives protect turbine equipment, waterways
Scientists at the Department of Energy's Oak Ridge National Laboratory have developed lubricant additives that protect both water turbine equipment and the surrounding environment......»»