Cleantech & EV'sNews

Baidu’s autonomous EV marque JIDU garners $400 million Series A funding round to support ‘Robocar’ launch in 2023

Intelligent EV startup JIDU announced a closed round of Series A funding that raised nearly $400 million dollars. The financing was led by JIDU’s parent company Baidu Group, and its business partner Zhejiang Geely Holding Group – the largest auto manufacturer in China. JIDU plans to use the funds for R&D of its teased “Robocar” concept, aiming for mass production in 2023. JIDU is an…
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Cleantech & EV'sNews

Tesla (TSLA) Q4 2021 earnings preview: Here’s what to expect

Tesla (TSLA) is set to announce its fourth-quarter and full-year 2021 financial results tomorrow, January 26, after the markets close. As usual, a conference call and Q&A with Tesla’s management is scheduled after the results. This time things should be a bit different, as a product roadmap update is also expected. Here we’ll take a look below at what both the street and retail investors…
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Cleantech & EV'sNews

British government invests £32M in floating offshore wind to cut natural gas dependency

The British government today announced that it will provide £31.6 million ($42.5 million) to fund the development of floating offshore wind projects in order to reduce the UK’s dependency on increasingly expensive natural gas. UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Tesla now offers price matching, so…
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Cleantech & EV'sNews

Tesla appears to be finally adding a regular horn to its yoke steering wheel

Tesla appears to have finally agreed to walk back one feature of its controversial yoke steering wheel, as it will now provide a regular horn. When Tesla unveiled the new Model S with the “yoke” butterfly steering wheel, it was controversial. Some were worried about the actual shape of the wheel being problematic, while others were concerned about the lack of drive stalk to choose the drive…
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