Korea’s top automaker, Hyundai, is looking to tap into Saudi Arabia’s post-oil era with a dedicated EV assembly plant in the region.
Following a new report from The Wall Street Journal claiming Tesla and Saudi Arabia are in early talks to build an EV factory (which Elon Musk has denied, calling it “utterly false”), it looks like “The Kingdom” has found another auto partner.
Hyundai…
Underwater robots have been secured for the US’s first floating offshore wind farm
September 18, 2023
Autonomous underwater robots have been contracted to survey the site of the US’s first floating offshore wind farm.
In December, Norwegian energy giant Equinor won a 2-gigawatt (GW) lease in Morro Bay, California, in the first-ever offshore wind lease sale on the US West…
Elon Musk reportedly says that Turkey is “among the most important candidates for the next Tesla factory,” after meeting with President Erdogan.
Turkish President Tayyip Erdogan and Musk met in New York today to discuss a variety of subjects, but the main goal was…
What’s the problem with Siemens Gamesa’s onshore wind turbines? [Update]
September 18, 2023
Siemens Gamesa Renewable Energy has big problems, and it’s going to cost the company billions – what’s wrong with its onshore wind turbines?
Siemens Gamesa Renewable Energy SA is Siemens Energy AG’s wind turbine unit, and it’s one of the world’s largest wind turbine makers. Its turbine problems are expected to result in up to $5 billion in net loss for the parent company.
Electrek…
VinFast's (VFS) EV deliveries grew over 400% in Q2, but there's a caveat
September 18, 2023
Vietnamese EV maker VinFast (VFS) announced Monday that EV deliveries rose over 400% in Q2 compared to the first three months of the year. However, the primary reason for the jump is due to sales to a related party.
A closer look at VinFast’s Q2 EV deliveries
VinFast…
ZEEKR's X SUVs closely follow 001 sedans in trek overseas as expansion in Europe continues
September 18, 2023
Less than a month after sending its flagship 001 sedans on a ship overseas to Europe, ZEEKR is loading up its first batch of X SUVs to join them. When they arrive, ZEEKR will immediately begin selling the two passenger EVs models in two markets of Europe as part of a…
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…
