Cleantech & EV'sNews

Illinois to spend $25.1 million on public EV charging infrastructure

Illinois Environmental Protection Agency Director John J. Kim has announced plans to spend more than $25 million on new EV charging infrastructure under the Driving a Cleaner Illinois program. That $25.1 million of Illinois EPA money ($25,152,259.44, to be exact) is being awarded to 20 applicants, and will eventually fund 643 new Direct Current Fast Charging (DCFC) ports at 141 locations…
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CryptoNews

JPMorgan Warns of Downside Risk in Crypto Markets

JPMorgan has warned of a downside risk in crypto markets, citing subdued crypto venture capital flows. The global investment bank’s analysts also remain cautious about the U.S. Securities and Exchange Commission (SEC) greenlighting spot ethereum exchange-traded funds…
CryptoNews

Coinbase Challenges SEC’s Definition of 'Investment Contracts' in Crypto Transactions

In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the U.S. Securities and Exchange Commission’s expansive interpretation of what constitutes an “investment contract” in digital asset transactions. This pivotal case could set significant precedents for the cryptocurrency industry in the United…
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DefenseNews

Without change, US Navy’s future fleet looks too ambitious for industry

For those of us who maintain detailed forecasts of the global defense market, there are few times as exciting as the annual release of the new Future Years Defense Program (FYDP) budget and the 30-year ship building plan. The long-range plan lays out the path that must be taken by industry to build the capability required by the U.S. Navy. For the long-range plan to be carried out, the first step…
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Cleantech & EV'sNews

China's Chery to set up shop in Europe

Chinese automaker Chery is planning to make cars in Spain, where the EV market is at just 12%, half that of Portugal and France. This would be Chery’s first manufacturing site in Europe. It’s all part of the Chinese brand’s ambitious plan to set up three brands in…
Cleantech & EV'sNews

Kia to launch new Carens EV, two other mass-market EVs in India

With EV electric vehicle sales surging in India, several automakers are looking to grab their share. Kia recently revealed plans to launch three new EVs in the region, including a new Carens EV. Kia to launch new low-cost models, including Carens EV During its recent CEO Investor Day, Kia unveiled its new roadmap to becoming an electrification leader. The move comes as Kia looks to fend off…
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