Cleantech & EV'sNews

Europe spends billions subsidizing ICE company cars

As Europe pushes to phase out fossil fuels, a new study finds that, ironically, the EU’s five biggest members are pouring billions of dollars a year into subsidizing ICE company cars – to the tune of $42 billion ($45.60 billion) a year. According to a new study, as reported by Reuters, certain countries in the EU are heavily subsidizing the purchase of new fossil fuel company cars – by $42…
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DefenseNews

US Navy ousts top commanders of ship repair facility in Japan

Capt. Zaldy Valenzuela, former commanding officer of the U.S. Naval Ship Repair Facility and Japan Regional Maintenance Center in Yokosuka, Japan, and his executive officer were relieved of command over the weekend. (U.S. Navy) The Navy fired both the commanding and…
DefenseNews

Lockheed feels financial pinch from F-35 upgrade, contract delays

Contract delays and software problems with the F-35 are costing Lockheed Martin hundreds of millions of dollars, and the company is trying to get the program back on track and start recouping its costs. (Senior Airman Edgar Grimaldo/U.S. Air Force) Lockheed Martin expects to strike a deal with the U.S. government by the end of the year to build the 18th and 19th lots of F-35 Joint Strike…
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CryptoNews

Japanese Entertainment Giant's Crypto Arm in Partnerships to Support Web3 Economy

Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments will support DMM Crypto’s Seamoon Protocol, which aims to create a Web3 economic hub for businesses and creators. Bringing DMM Group’s IP Development Capabilities to…
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Cleantech & EV'sNews

ChargePoint launches an affordable EV charger for fleets

ChargePoint (NYSE: CHPT) has just rolled out an affordable EV charging solution for fleets aiming to go electric without breaking the bank. The new CPF50 Level 2 charger is priced at $699, making it easier for fleet operators to electrify their vehicles with lower upfront costs. This solution is perfect for small businesses starting to make the switch or larger fleets that want to cut their total…
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