EV startup Rivian announced that Arnhelm Mittelbach has joined the team as its first Georgia plant manager. Mittlebach joins Rivian with over 20 years of experience at Mercedes-Benz as the EV maker prepares to break ground on its second EV plant.
Rivian will begin construction on its second manufacturing plant early next year in Georgia. The plant will be home to its next-gen R2 products.
The…
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Microsoft is shaking up the structure and leadership of its Xbox gaming and marketing divisions shortly after its record-breaking $68.7…
Microstrategy Expands Bitcoin Trove, Total Holdings Now Stand at 158,400 BTC – Bitcoin News
November 3, 2023
Microstrategy reported a 3.3% increase in total revenues to $129.5 million in the third quarter of 2023, even as the company took impairment losses of $33.6 million on its bitcoin holdings, according to the firm’s latest financial disclosure. The firm’s founder, Michael…
SUSHI and BDX Spearhead Market Surge as 2 Dozen Cryptos Witness Double-Digit Gains – Markets and Prices Bitcoin News
November 3, 2023
On November 2, 2023, the crypto economy is thriving, boasting a value of $1.31 trillion following a 2.88% increase in the past 24 hours. Bitcoin has notably surpassed the $35,000 mark, showing a 2.8% increase, while a wide array of two dozen digital assets have experienced double-digit growth this Wednesday. Leading the 24-hour surge are the crypto tokens sushi (SUSHI) and beldex (BDX), which…
WASHINGTON — Epirus has completed initial government acceptance testing of its high-power microwave prototype meant to counter drone swarms, the company said in a Nov. 1 statement.
The prototype system delivered to the U.S. Army is part of the service’s effort to develop…
Senate finally confirms Adm. Franchetti as Navy’s top officer
November 2, 2023
The Senate voted Thursday to confirm Adm. Lisa Franchetti as the Navy’s 33rd chief of naval operations, ending a months-long delay caused by Sen. Tommy Tuberville’s ongoing blockade of military nominations that he began in protest of Defense Department abortion access…
WASHINGTON — Boeing expects to deliver the U.S. Air Force’s next F-15EX Eagle II fighter by the end of November, nearly a year after the company originally planned and four months behind its revised estimate.
This F-15EX, the third Boeing has so far produced for the Air Force, took its first two flights on Oct. 27 at Boeing’s St. Louis, Missouri, factory, the company said in a social media…
Polestar 4 ranks as brand's greenest car to date
November 2, 2023
Swedish EV maker Polestar just released its first Life Cycle Assessment (LCA) for the brand’s SUV crossover Polestar 4, which the company says emits as little as 19.4 tonnes of CO2 equivalent. Made in China, the model ranks as having the smallest carbon footprint in the…
Electrify America just launched its first EV charging station in North Dakota – here’s why that’s kind of a big deal.
There are a lot more oil pump jacks than EV charging stations in North Dakota. As of December 2022, North Dakota had only 600 registered EVs, putting…
Nikola's recall was costly in Q3, but does rising orders signal the worst is behind it?
November 2, 2023
After recalling all of its battery electric trucks that it had delivered, Nikola’s losses widened in the third quarter. However, with orders rising for its hydrogen fuel cell truck, is Nikola turning the page?
Nikola CEO Steve Girsky, said the company is “Capitalizing on our first-mover advantage with our hydrogen fuel cell electric truck.”
The company officially launched its 2024 model…
