Cleantech & EV'sNews

EcoFlow just launched plug-and-play solar + storage for apartments

If you live in an apartment with a balcony and want a plug-and-play solar and battery storage system, EcoFlow may have just the solution. EcoFlow has launched the PowerStream Balcony Solar System, which it claims is “the first balcony solar system with a portable power station” that can reduce apartment dwellers’ power bills and provide battery storage backup. (I’d like to point out…
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Cleantech & EV'sNews

This new solar electric yacht with its own spa pool and theater awaits you

Renowned luxury yacht maker, Sunreef, released plans for a new 108-ft (33-m) solar-powered electric superyacht complete with its own pool spa and indoor theater. Did I mention it’s also fully autonomous? Best known for its comfort, stunning beauty, ultra-luxurious accommodations, and high performance, Sunreef continues to push the boundaries with its luxury catamarans. Sunreef is well known…
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Cleantech & EV'sNews

Lucid raises $3B from Saudi Arabia's PIF and stock sale

EV startup Lucid (LCID) revealed it is raising roughly $3 billion through a public stock sale and new investment from its majority stockholder, Saudi Arabia’s Public Investment Fund (PIF). Lucid raises $3 billion via stock sale Lucid, like most EV startups, is struggling with rising input costs as it works to ramp production. To make matters worse, falling valuations are making it harder to…
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Cleantech & EV'sNews

GM to boost key EV battery materials supply in North America through $1B JV investment

General Motors (GM) and South Korean advanced EV battery materials company Posco Future M revealed an additional investment in its new cathode factory in Ontario, Canada, now exceeding $1 billion. GM plans to enhance CAM supply in North America The new funding will help increase Cathode active material (CAM) production and the precursor materials (pCAM) needed to produce it in North America. GM…
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