Cleantech & EV’s

Maryland’s Montgomery County plans to switch the entire public school bus fleet to fully electric from diesel engines. The transition is one of the largest in the US to date, and is expected to take 12 years. The green plan will completely replace all 1,400 current ICE buses. What’s most interesting about the deal is that it comes with virtually no additional cost to Montgomery County’s…

After Tesla CEO Elon Musk claimed that Bill Gates has been betting against the electric automaker on the stock market, we have been trying to find out if it was true. Now Gates all but admits that he was shorting Tesla’s stock (TSLA). As we previously reported, Musk and Gates don’t always see eye to eye. Gates has previously made some comments about electric trucks like the Tesla Semi not…

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Electric vehicle startup Lucid Motors announced a SPAC deal to go public with over $4 billion in cash injection to accelerate its plan. Over the last few months, Lucid had been rumored to be in discussions with Churchill Capital Corp IV, a special purpose company created to make a reserve merger SPAC deal. Today, they have confirmed the deal, which will be bringing $4.4 billion in cash to Lucid…