Cleantech & EV'sNews

Fisker takes another tumble, slashes production forecast

California-based electric automaker Fisker saw its shares plummet 14% yesterday after reporting big losses and lower sales than expected. Now the American startup expects to slash its production forecast for this year by as much as 30% of initial expectations. In the third quarter, Fisker lost $91 million, or 27 cents a share, according to MarketWatch. The company said it produced 4,725 Oceans…
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CryptoNews

Latam Insights: Unlicensed Crypto Exchanges Still Allowed to Operate in Brazil, Lightning Strikes Salvadoran Bitcoin ATMs – Bitcoin News

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Central Bank of Brazil confirms that unlicensed exchanges can still operate in the country; El Salvador will integrate Lightning Network transactions in its Chivo ATM network; and Trubit raises $6.25 million to expand crypto adoption in Latam. Central Bank of…
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DefenseNews

US Air Force’s Sentinel missile ‘struggling,’ faces rising costs

WASHINGTON — One of the U.S. Air Force’s nuclear missile programs is “struggling” and could see costs rise, the service’s secretary said Monday. Frank Kendall, speaking at an online event hosted by the Center for a New American Security think tank, said he is “more nervous” about the LGM-35A Sentinel intercontinental ballistic missile than the B-21 Raider stealth bomber. The twin…
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Cleantech & EV'sNews

Quick Charge Podcast: November 13, 2023

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.  If you’re looking for a high-quality e-scooter with superior performance…
Cleantech & EV'sNews

Florida is getting a new solar microgrid community

The city of Lakeland, Florida, has approved 77 homes featuring solar and storage that will be linked together to form a community microgrid. The $4.2 million pilot project, which is being developed by utility Lakeland Electric, microgrid developer BlockEnergy, and housing…
Cleantech & EV'sNews

Rivian brings on former Stellantis exec to aid in scaling EV production

California-based EV maker Rivian (RIVN) announced Monday it’s bringing on Carlo Materazzo as vice president of logistics. Materazzo comes to Rivian with over 20 years of auto experience as the EV maker continues ramping production. Rivian adds ex-Stellantis vet as it ramps EV production Before joining Rivian’s EV team, Materazzo was VP of manufacturing at Stellantis North America. He held…
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