The fate of Volkswagen’s plant in Dresden, Germany, is up in the air after a new report claims the automaker plans to halt production at the facility. Volkswagen’s Dresden plant built thousands of ID.3 electric models last year, employing around 300 full-time workers.
Volkswagen said to stop ID.3 production in Dresden
According to the report from the German newspaper Automobiliwoche, the…
Tesla and Saudi Arabia in talks for EV factory with cobalt from DRC on the line, says report (Musk denies)
September 18, 2023
According to a new report from the Wall Street Journal, Tesla and Saudi Arabia are in early talks about building an electric vehicle factory in the country, and the latter is dangling some cobalt from the DRC as an incentive.
While only sighting “people familiar with the…
Joby Aviation selects birthplace of flight as home to its first scaled eVTOL production facility
September 18, 2023
eVTOL developer Joby Aviation continues to make headway in becoming a fully certified scaled aircraft manufacturer in the US. This morning the company shared details of the new place it will call home – which also happens to be where the Wright brothers first took flight…
Senator Elizabeth Warren's Crypto Bill Gains Support Among US Lawmakers – Regulation Bitcoin News
September 18, 2023
Nine U.S. lawmakers have thrown their support behind the Digital Asset Anti-Money Laundering Act, recently reintroduced in Congress by Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham. Experts have warned that this crypto bill is the most direct attack on the privacy and personal freedom of cryptocurrency users.
Digital Asset Anti-Money Laundering Act Gains Support
Nine…
Many crypto proponents have warned that despite a small connection between Blackrock and XRP, the news of the world’s largest asset manager shifting focus from bitcoin to XRP is fake. Blackrock is currently waiting for the U.S. Securities and Exchange Commission (SEC) to…
Hong Kong's Friendly Crypto Policies 'Very Stable,' Legislator Assures Vitalik Buterin – Regulation Bitcoin News
September 18, 2023
A Hong Kong Legislative Council member has assured Ethereum co-founder Vitalik Buterin that the friendly cryptocurrency policies in Hong Kong are “very stable.” In response to Buterin’s comments expressing his unfamiliarity with Hong Kong and its “complicated…
Softbank Looking to Invest Billions in AI After Pausing Crypto Investments – News Bitcoin News
September 18, 2023
Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi Son is prepared to put tens of billions of dollars into AI, with Microsoft-backed Openai being one of…
Electric motorcycle startup Ryvid begins making first deliveries
September 18, 2023
The Ryvid Anthem has been one of the most hotly anticipated electric motorcycles of the last year. After first debuting just over a year ago, the company has now announced that the US-built electric motorcycles are ready to begin shipments.
Ryvid shared the news on…
Why more high-end bike companies are making budget-level electric bikes
September 18, 2023
An increasing number of premium bicycle companies have thrown their hat in the budget-minded electric bike ring lately, resulting in lower prices than ever before from major bike shop brands. So what’s behind this move?
Several of the recent launches from major bicycle…
ROAM introduces the Move all-electric shuttle bus, the first of its kind built entirely in Kenya
September 18, 2023
Kenyan electric mobility company ROAM is celebrating its latest milestone in Africa today, as it has launched its latest product – an all-electric shuttle bus called the Move. ROAM’s lineup of electric vehicles continues to grow as the innovative company continues to decarbonize the roads of Kenya and beyond.
ROAM is a proud Kenyan company with Swedish roots, celebrating five years since its…
