Cleantech & EV'sNews

Germany's auto industry to axe thousands more jobs

Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years. ZF Friedrichshafen, which makes transmissions, shock absorption systems, and chassis components for more than 55 auto brands and is Germany’s…
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Cleantech & EV'sNews

Quick Charge Podcast: January 22, 2024

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on…
Cleantech & EV'sNews

Hyundai's 'extremely limited' matte gold IONIQ 5 Platinum Disney edition on sale for $60K

You can now buy Hyundai’s matte gold Disney-themed IONIQ 5 for under $60,000. Designed with Walt Disney Imagineering, the IONIQ 5 Disney100 Platinum Edition is every fan’s dream, and it’s on sale now. Hyundai’s IONIQ 5 was the fourth best-selling electric SUV in the US last year, with nearly 34,000 models handed over in a record year. With a “radical new approach,” Hyundai built…
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CryptoNews

Number of Crypto Owners Globally Reached 580 Million in 2023, Report Shows

The number of global crypto owners surged 34% in 2023, reaching 580 million by December, a new report shows. In particular, bitcoin ownership surged 33% while Ethereum saw an even steeper rise of 39%. The report pinpoints the approval of spot bitcoin exchange-traded funds (ETFs) and the Bitcoin Ordinals protocol as key drivers of bitcoin adoption growth, alongside strong institutional…
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CryptoNews

Tornado Cash Co-Founder Braces for Precedent-Setting Trial in US

Roman Storm, facing multiple federal charges related to his role in the creation of Tornado Cash, is bracing for a trial in the United States. Scheduled for September 2024, the trial could have far-reaching implications for the crypto industry and digital privacy laws. Roman…
CryptoNews

JPMorgan Sees Challenges Ahead for Crypto Market — Downgrades Coinbase Stock

Warning of a difficult time ahead for the crypto market, global investment bank JPMorgan has downgraded Coinbase stock. Emphasizing that crypto prices are already under pressure, JPMorgan warned of “greater potential for cryptocurrency ETF enthusiasm to further deflate,” driving with it lower crypto prices and trading volume. JPMorgan’s Crypto Market Outlook, Coinbase’s Downgrade Global…
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