The Biden administration is expected to announce on Friday what will disqualify EVs from eligibility for the $7,500 subsidy. However, the government is reportedly discussing granting automakers a temporary reprieve from the proposed restrictions on EVs containing battery parts or materials coming from China.
The requirements, which were part of Biden’s landmark climate law, will not allow tax…
Volvo, Polestar owner partners with NIO for EV battery swapping
November 29, 2023
Up-and-coming Chinese EV maker NIO is partnering with Geely, the company behind Volvo, Polestar, and several other brands for EV battery swapping.
Volvo owner taps NIO for EV battery swapping
NIO and Geely will collaborate on EV battery standards, new swapping tech, and…
Tesla Cybertruck options and accessories have leaked through a mobile app update revealing a ‘Basecamp’ tent, solar option, and new “Beast mode”.
We are just a day away from getting all the details about the Cybertruck direct from Tesla, but a leak is now giving us…
Highlights from the AWS re:Invent keynote: Q AI, strong bedrock foundation, and a smarter cloud
November 29, 2023
Amazon is growing its already formidable array of AI services, with a long list of new capabilities announced at the annual AWS re:Invent 2023 conference in Las Vegas today.
In a wide ranging keynote session that was nearly 2.5 hours long, Adam Selipsky, CEO of Amazon Web Services (AWS), the largest cloud provider in the world by revenue, number of customers, and data stored, detailed the…
Former SEC Chair Discusses 'Appropriate Way' to Regulate Crypto — Says Classification Issues Are 'Overblown' – Regulation Bitcoin News
November 29, 2023
Former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton has discussed what he believes to be the “appropriate way” to regulate crypto. The former regulator added that “the classification issues” about whether a crypto token is a security or a…
Just as the wheels touched down on Virgin Atlantic’s historic flight from London to New York yesterday, powered by a low-carbon fuel engine made by Rolls-Royce, the company has announced a new shift. Rolls-Royce CEO Tufan Erginbilgiç says it’s time to sell off its…
On Tuesday, Binance US, the American branch of Binance.com, revealed that Changpeng Zhao (CZ), its former CEO, has relinquished his position as chairman of the board with immediate effect. The announcement emphasized that Binance US is fully functional and operates independently from Binance.com.
Changpeng Zhao Steps Down as Binance US Chairman
The update from Binance US comes in the wake of a…
Bitcoin Whale Soars to 72nd Rank in 2 Weeks, Gathering Over 10,000 BTC Amid ETF Buzz – Bitcoin News
November 29, 2023
This week, observers in the crypto sphere have kept a close eye on a notable bitcoin whale address, which impressively climbed from the 492nd spot to become the 72nd largest bitcoin holder in a mere fortnight. This substantial addition of over 10,000 bitcoin occurs amidst…
Binance CEO Richard Teng Outlines the Path Ahead; Puts Innovation, Users and Web3 at the Forefront – Bitcoin News
November 29, 2023
Richard Teng, the new CEO of Binance, has explained his vision for the company, outlining the challenges the exchange faces ahead and the areas on which the company will focus. In a blog post, Teng explained that innovation, users, and Web3 will be at the forefront of…
Coinbase CEO Says Binance Settlements Allow Crypto Industry to 'Turn the Page' – Legal Bitcoin News
November 29, 2023
Coinbase CEO Brian Armstrong says the enforcement action against Binance has allowed the crypto industry to “turn the page.” He emphasized: “There are many, many companies in crypto that are helping build the crypto economy and update our financial system globally. But many of them are still small startups, so I think getting regulatory clarity is going to help bring in more investment in…
