ROME — As the commander of Italy’s Army aviation fleet, Maj. Gen. Andrea Di Stasio oversees a helicopter portfolio on the cusp of old and new.
Decision-makers in the country have been closely watching moves in Washington about remaking the U.S. Army’s fleet, itching to jump on the bandwagon with what some thought would be the next major accomplishment in propulsion technology.
Di Stasio…
Electric construction equipment is going to become the norm on job sites – here’s why the industry is making the switch.
From demolition and mining to aerial lift and industrial work, electric construction equipment is actually already being used in the building…
McKinsey report finds generative AI could add up to $4.4 trillion a year to the global economy
June 14, 2023
It seems like the leadership of nearly every big company is excited about generative AI these days and rushing to announce or embrace new AI tools. But what impact will their moves have on the economy?
While it’s difficult to say for certain, global consulting leader…
WASHINGTON — Lawmakers are seeking to compel a resistant U.S. administration to provide Army Tactical Missile Systems to Ukraine as it fends off Russia.
In the House Armed Services Committee chairman’s mark of the fiscal 2024 defense policy bill, the committee calls for “not less than $80.0 million be used for the procurement of [ATACMS] for the Armed Forces of Ukraine.”
According to the…
Quick Charge Podcast: June 13, 2023
June 14, 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.
New episodes of Quick Charge are recorded Monday through Thursday and again on…
And it’s official. Rivian (RIVN) will lose its position on the Nasdaq-100 index (NDX) after its stock price fell over 90% from its all-time high achieved shortly after going public.
Rivian to be removed from the Nasdaq-100 index
Less than two weeks after JP Morgan analyst…
Stellantis says it's not ready to adopt Tesla's NACS connector, but it is considering it
June 14, 2023
Stellantis confirmed that it is “evaluating” Tesla’s NACS connector. It is considering adopting it, but the automaker doesn’t seem ready to commit.
After both GM and Ford announced that they would adopt NACS as the standard connector in their future electric vehicles, it became crystal clear that the connector is on its way to becoming the standard connector in North America.
Since GM’s…
This week in data: Don’t be an AI tourist
June 14, 2023
“Don’t be an AI tourist” is excellent advice from a post on The World Economic Forum. The post includes a fascinating survey: The AI Readiness Report which demonstrates that 81% of companies are now working with generative AI and how the focus on models is changing.
Fastest production electric car lands in the US as Rimac hands over first Nevera EV hypercar
June 13, 2023
Rimac Automobili revealed Tuesday it had delivered its first Nevera electric hypercar to a customer in the US. One of the fastest cars in the world and the current fastest production electric car, the Rimac Nevera, was handed over to its owner by the company’s dealer in…
According to Governor Eric Holcomb of Indiana, GM is building a new $3 billion EV battery plant in the state in a new joint venture with Samsung SDI. The facility will be its fourth battery plant in the US.
General Motors already has plans for three EV battery factories through a joint venture partnership with LG Energy called Ultium Cells.
Its first, a 2.8 million square ft facility in Warren…
