Cleantech & EV'sNews

Tesla is paying $20,000 a year to be on Elon Musk's X, and it's not clear why

Tesla keeps creating new paying accounts on Elon Musk’s X (formerly Twitter) to the point that it is now likely paying around $20,000 per year to be on the social media platform. It’s not clear what it is getting in return. Public companies, like Tesla, have to disclose any “related transaction” that may have conflict of interest between its executives or board members and any other…
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Cleantech & EV'sNews

Photos emerge of NIO's new mass-market 'Alps' EV competitor to Toyota and VW

The first photos of NIO’s new “Alps” brand have allegedly emerged online. The new EV brand is designed to take NIO mainstream, positioning itself to compete with automaking giants like Toyota and Volkswagen in the mass-market segment. NIO’s new Alps mass-market EV brand surfaces NIO CEO William Li confirmed the company would launch a new mass-market brand in August 2021. Li said during…
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Cleantech & EV'sNews

Kia is reviving its affordable mini Ray EV, Korea's first electric car

Korea’s first all-electric production car is due for a resurrection. Kia is set to revive the Ray EV next month, an entry-level minicar, to meet the growing demand for affordable electric cars. Kia first introduced the Ray EV in December 2011, a close relative to the gas-powered Ray CUV, as Korea’s first 100% electric production car. Powered by a 50 kW electric motor and a 16.4 kWh…
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AI & RoboticsNews

IBM taps watsonx generative AI to help modernize COBOL on mainframes

COBOL is not a language often mentioned as a leading programming development one, at least not in 2023. That wasn’t always the case. COBOL, which debuted in 1959, was a leading language in the earliest era of computing and there are still billions of lines of COBOL code running production applications today. Today, IBM announced a new initiative that uses the power of generative AI large…
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