EV prices dropped by nearly 13% year-over-year in February, led in part by Tesla Model 3 and Model Y price drops, reports Kelley Blue Book.
According to newly revised EV transaction price data, the average price paid for an EV in February was $52,314, down from a revised $54,863 in January, according to Cox Automotive and Kelley Blue Book estimates.
EV transaction prices in February were lower…
It has been a big few weeks for smart electrical panel-maker Span. The company announced major deals with Pulte Homes and utilities with Landis + Gyr. The startup also expanded its lineup to include small home and apartment-sized panels and even subpanels
But firstly…
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on enhancing the “usability…
Blackrock, the world’s largest asset manager, has hit a significant milestone with its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). The fund’s crypto holdings have reached nearly 204K bitcoins, representing over $14.76 billion in assets under management (AUM).
IBIT’s Bitcoin Holdings Continue to Grow
Blackrock’s Ishares Bitcoin Trust (IBIT), the world’s…
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienced an increase of at…
The U.S. Army is changing its approach to acquiring a long-range artillery capability and scrapping its 58-caliber Extended Range Cannon Artillery prototyping effort, according to the service’s acquisition chief.
“We concluded the prototyping activity last fall,” Doug…
For the first time in three years, the Missile Defense Agency is asking for less money in the upcoming fiscal year, requesting $10.4 billion for 2025, which is about $500 million less than the total leaders said they needed last March.
The agency, for the first time in roughly 20 years, did not provide a public briefing on its budget request at the Pentagon. A budget summary provided by the…
The Air Force’s proposed budget for fiscal 2025 would cut procurement of two major fighter programs — the F-35A and F-15EX Eagle II — and boost research and development funding for future capabilities.
The service plans to buy 42 Lockheed Martin-made F-35As for $5.9…
Another fatal crash on Tesla Autopilot is going to trial, and while Tesla has won all of them in the past, this one has new evidence that could help the plaintiffs.
Over the years, there have been a handful of fatal crashes involving Tesla’s Advanced driver assistance…
Tesla battery supplier Panasonic Energy is considering pouring new investments potentially up to $4 billion in its De Soto, Kansas, plant to produce 4680 battery cells for the Tesla Cybertruck and Tesla’s next-gen vehicles.
Sources with “direct knowledge of the matter” told Nikkei Asia that the Japanese EV battery maker is considering adding production capacity beyond what is already…
