Cleantech & EV'sNews

Kia and Honda raise EV production targets as the market heats up

Two legacy automakers, Kia and Honda, both revealed new electric vehicle targets as the market for zero-emission EVs continues growing at a record pace globally. According to recent data, electric vehicle sales grew by 60% last year, with one in every passenger car bought being an EV. Although around 14% of total auto sales may not seem like much, compared to just one in 70 (1.4%) cars sold…
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Cleantech & EV'sNews

Bosch to acquire TSI Semiconductors, injecting $1.5B to meet SiC chip demand for EVs

The world’s largest auto supplier is expanding its semiconductor manufacturing capabilities to meet the growing demand for computer chips for electric vehicles. Bosch announced Wednesday that it is acquiring US chipmaker TSI Semiconductor and investing $1.5 billion to produce silicon carbide (SiC) semiconductors and enable the adoption of EVs. Bosch has been busy transforming its business as…
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CryptoNews

Biggest Movers: ADA, SOL Jump 9% Higher on Wednesday

Cardano was one of Wednesday’s big movers, as bullish sentiment returned to cryptocurrency markets. Spurred by an apparent collapse of First Republic Bank, the global crypto market cap moved 7% higher, as of writing. Solana was also in the green, rising by nearly 9%. Cardano (ADA) Cardano () rose by as much as 9% on Wednesday, as bullish sentiment returned to cryptocurrency markets. Following a…
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DefenseNews

What’s the real value of the US Defense Department audit?

As Congress examines the details of the president’s fiscal 2024 defense budget, members are also rightly focused on making the most of every dollar for military capability, and reimagining a defense budget structure that is more responsive, agile and transparent. As we…
Cleantech & EV'sNews

Tesla advances Powerwall pilot project with German electric company

Tesla announces a successful step in a pilot project to deploy Powerwalls with German electric company Transnet BW to stabilize the grid and take better advantage of the country’s strong solar power. Over the last few years, we have seen virtual power plant projects become increasingly popular thanks to the advent of distributed energy assets like rooftop solar and home battery packs. Tesla has…
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