Cleantech & EV'sNews

Lordstown Motors closes sale of plant to Foxconn for $230M in much needed cash

Back in an unassuming corner near the exit of the ACT Expo at the Long Beach convention center sits a black Lordstown Motors Endurance pickup. As at least two ACT attendees asked questions about the prototype, its manufacturers were publicly announcing the official sale of its assembly plant. Lordstown Motors has officially closed its deal with Foxconn, who will now build the former’s Endurance…
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Cleantech & EV'sNews

Elon Musk is looking to finance Twitter acquisition without loans backed by Tesla shares as price falls

Elon Musk is reportedly looking to secure more equity for the acquisition of Twitter in order to proceed without billions of dollars worth of loans back by Tesla shares. It comes as Tesla’s share price has fallen to significantly. Last month, Twitter’s board officially accepted Elon Musk’s acquisition offer. It still needs to go to a shareholder’s vote and some details are still being…
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Cleantech & EV'sNews

Foxconn wastes no time announcing Fisker PEAR will be built at newly acquired Lordstown plant

Less than twenty-four hours after announcing the closing of its purchase of an Ohio assembly plant from Lordstown Motors, Foxconn and its partner Fisker Inc. announced the facility will soon be home to production of the latter’s upcoming PEAR EV. We first learned of Project PEAR, an acronym for Personal Electric Automotive Revolution, in February of 2021 when Fisker Inc. ($FSR) announced a new…
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Dead Space remake gets January release date

In a day filled with news of disappointing but not wholly unexpected postponements, it seems like the Dead Space remake is coming along nicely enough for the developers to commit to a release date. Today, in a developer livestream, the team at EA’s Motive Studio announced…
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Why 2022’s Falling Camera Sales Shouldn’t Worry You

The year 2020 saw digital camera shipments nosedive to a new low of 8.9 million units, down from 121 million units in 2010. It was believed it couldn’t get any worse and, indeed, shipments stabilized in 2021. So why do sales appear to be in free-fall again? Looking back at camera shipments (which are different but closely related to sales) — as reported by CIPA — it’s actually…
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