Tesla Grants Musk $29 Billion Stock Deal Amid Strategic Shift Tesla, the renowned electric vehicle manufacturer, has recently made headlines by granting its CEO, Elon Musk, a staggering $29 billion stock deal. This unprecedented award involves the issuance of 96 million new shares to Musk, marking a significant strategic move by the company. The decision […]
China’s automaker announces solid-state battery EVs by 2026, brand restructuring
China’s Dongfeng Drives Towards the Future with Solid-State Battery EVs and Brand Restructuring As part of a strategic overhaul, Chinese automaker Dongfeng has consolidated its eÏ€ (Yipai), Fengshen, and Voyah brands under a new entity, signaling a significant shift in the company’s approach to the rapidly evolving automotive market. One of the most exciting announcements […]
Tesla partners with LG for US-made LFP batteries in new $4.3 billion deal
Tesla partners with LG for US-made LFP batteries in new $4.3 billion deal Tesla has reportedly struck a new $4.3 billion deal with LG Energy Solution (LGES), a subsidiary of LG Chem, to supply lithium iron phosphate (LFP) batteries for its electric vehicles. This partnership marks a significant move for Tesla as it aims to […]
Jury slams Tesla with $243M verdict in fatal Autopilot crash and data dispute
Jury Slams Tesla with $243M Verdict in Fatal Autopilot Crash and Data Dispute A federal jury in Miami has found Tesla partly responsible for a 2019 crash that resulted in the tragic death of two people. The verdict, which includes a hefty $243 million penalty against the electric vehicle giant, sends shockwaves through the automotive […]
Samsung chair heads to Washington amid chip deal with Tesla
Samsung Chair Heads to Washington Amid Chip Deal with Tesla Samsung Electronics Chairman Jay Y. Lee has recently made his way to Washington, D.C., in the wake of a significant $16.5 billion chip supply agreement with Tesla. The deal entails the supply of semiconductors manufactured at Samsung’s cutting-edge facility in Texas. This strategic partnership between […]
China’s EV giant unveils SUV with 621-mile range, massive 70 kWh battery
Zeekr Revolutionizes the SUV Market with the Launch of Its 9X Hybrid Zeekr is making waves in the SUV market with its innovative 9X hybrid, a vehicle that is set to redefine the electric vehicle (EV) landscape. The Chinese EV giant has unveiled an SUV that boasts an impressive 621-mile range, thanks to its massive […]
Parked EVs and water heaters could turn cities into flexible, giant batteries
Parked EVs and Water Heaters Could Turn Cities into Flexible, Giant Batteries New research has found that electric vehicles (EVs) and household hot water systems could significantly transform urban areas into vast, adaptable batteries. This groundbreaking discovery showcases the potential for a more sustainable and efficient energy ecosystem, paving the way for a greener future. […]
In a first, Mercury’s missing lithium found through invisible magnetic fingerprints
In a first, Mercury’s missing lithium found through invisible magnetic fingerprints For decades, scientists believed lithium might be hiding in Mercury’s ultra-thin atmosphere, or exosphere, but recent groundbreaking research has uncovered the elusive element through invisible magnetic fingerprints. This discovery marks a significant milestone in our understanding of the composition of the closest planet to […]
The next big energy-storage device could be a 1000 °C sand battery
The Next Big Energy-Storage Device Could Be a 1000°C Sand Battery As global energy demand accelerates, one truth remains underappreciated: heat is the largest end use of energy, according to the International Energy Agency. With the need for sustainable and efficient energy storage solutions becoming increasingly urgent, researchers are constantly exploring groundbreaking technologies to meet […]
Second life supercharge: US firms transform used EV batteries to satiate AI power hunger
Second Life Supercharge: US Firms Transform Used EV Batteries to Satiate AI Power Hunger General Motors and Redwood Materials have launched a new partnership to repurpose used electric vehicle (EV) batteries, a move that could revolutionize the way we think about sustainability and energy efficiency in the tech industry. As the demand for electric vehicles […]