Cleantech & EV’s

Elon Musk’s The Boring Company announced that it has raised $675 million in a new funding round valuing the company at $5.675 billion. It plans to use the funds to build many new boring machines and dig tunnels under more cities. The Boring Company (TBC) wrote in a press release: Our Series C funding round of $675 million, led by Vy Capital and Sequoia Capital, with participation from Valor…

Chinese NEV automaker GAC Aion is expanding its repertoire of EV technologies to include battery swap stations. The company announced its first station has opened in Guangzhou and can replace an EV battery in under 2.5 minutes. GAC Aion is the latest company to implement battery swap stations in China. Aion is an all-electric marque of Guangzhou Automobile Corporation (GAC) Group. Currently, the…

During Tesla’s Q1 2022 earnings call, Elon Musk was asked to share data that show progress with Tesla’s Full Self-Driving (FSD) Beta program. Instead of sharing this data, however, the CEO suggested that people wanting to assess the progress of Tesla FSD should just “join the Beta,” which requires buying the controversial $12,000 package. A growing number of people have been calling for…

Audi has unveiled its third EV in its sphere concept series, the latest arriving as the German automaker’s largest to date. The Audi urbansphere concept offers a glimpse into a future of electric mobility in which our vehicles are more of a lounge, or “mobile office,” than a mere vessel for transportation. As Audi continues to expand its all-electric offerings through its e-tron line, it…