Cleantech & EV'sNews

BYD's YangWang U8 SUV goes borderline amphibious in new 'Emergency Float Mode' [Video]

YangWang, the luxury sub-brand of Build Your Dreams (BYD), is showcasing some impressive capabilities in its flagship U8 SUV it wants to float by you. The SUV has been on sale for months in China, but BYD wants to remind you that the U8 actually has an emergency mode in which it floats and can navigate back to solid ground. See more in the video below. YangWang, which directly translates to…
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AI & RoboticsNews

AI21 nabs $53 million more to challenge OpenAI in enterprise generative AI

AI21, a company that competes with OpenAI to serve enterprise companies with generative AI systems, has chosen an opportune time to announce more funding. While competitor OpenAI is reeling from internal chaos and revolt, and may fall apart after the majority of its employees have supported a letter calling upon that company’s board to resign, AI21 has raised $53 million more for its series C…
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Cleantech & EV'sNews

Ford cuts back on major EV investment, jobs at Michigan battery plant

In its latest setback, Ford is cutting back on another significant EV investment. The company is scaling back plans at its $3.5-billion EV battery plant in Michigan as it adjusts to market demand. Ford said it was “re-timing and resizing some investments” in a statement Tuesday. Although it remains bullish on its long-term strategy, Ford is reducing its investment and cutting jobs at its…
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Cleantech & EV'sNews

In a first, EV new car registrations surpass diesel in Europe

Here’s a breath of fresh air, literally. In a new milestone, the number of new electric car registrations has exceeded those of diesel-powered vehicles in Europe for the first time, according to the European Automobile Manufacturers Association. Between January and October, 1.23 million electric vehicles were registered in the European Union, compared with 1.22 million diesel-powered vehicles.
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