If you’re in London and looking to hail one of its legendary black taxis, there’s a good chance you’ll get an emissions-free ride. Half of London’s fleet of 15,000 black cabs are now electric vehicles. And starting next year, you can Uber one too – a huge coup for a company once banned in London and loathed by taxi drivers all the world.
A new announcement from manufacturer LEVC and…
Thousands to lose their jobs as VW slashes $11 billion in costs
December 7, 2023
Warnings about another wave of massive job losses at Volkswagen have been circulating for a few weeks, but now a new report says the company will cut one-fifth of its administrative staff. But it is hoping to soften the blow by offering early retirements as opposed to…
AI infrastructure major VAST Data’s valuation surges to over $9B after fresh funding
December 7, 2023
VAST Data, the technology company creating an infrastructure layer for the age of AI, today announced it has raised $118 million in a series E round of funding. The round was led by Fidelity Management & Research Company.
The investment, which also saw the participation…
Automated proposal writing startup AutogenAI raises $39.5M from Salesforce Ventures and others
December 7, 2023
Writing proposals to satisfy requests-for-proposals (RFPs) and win funding can be a slog, even for those organizations with experience doing it — as it typically involves a mix of providing tedious, repetitive but highly specific information in many different form fields, all while hewing to very stringent requirements. But getting it right is everything for the organizations submitting…
Coinbase has unveiled a new feature to its wallet service, streamlining international fund transfers. This new update aims to make the transfer of funds as effortless as sending a text.
Coinbase Unveils Link-Based Money Transfer Service
Coinbase (Nasdaq: COIN) has launched…
Blackrock's Spot Bitcoin ETF Filing Update Addresses Potential Classification of BTC as a Security by SEC – Regulation Bitcoin News
December 7, 2023
Blackrock, the world’s largest asset manager, has warned in its latest spot bitcoin exchange-traded fund (ETF) filing update of the potential for bitcoin to be classified as a security by the U.S. Securities and Exchange Commission (SEC), state regulators, or court…
The US is expected to add a record-setting 33 gigawatts (GW) of solar capacity in 2023, according to a new report, but 2024 will bring challenges to the industry.
The Solar Energy Industries Association (SEIA) and Wood Mackenzie released their latest report, “US Solar Market Insight Q4 2023,” in which they report that third-quarter (Q3) additions of new solar totaled 6.5 gigawatts (GW) – a…
Quick Charge Podcast: December 6, 2023
December 7, 2023
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…
Brightline West, a future electric high-speed rail line between Las Vegas and Los Angeles, is being awarded $3 billion by the Biden administration.
The $3 billion in funding, part of $6 billion previously earmarked for high-speed rail, has come from the Biden…
Volvo sells first EX30 electric SUV models in November
December 7, 2023
Volvo began selling what could be its most important vehicle to date last month. In November, Volvo sold the first EX30 model, its cheapest and smallest vehicle yet.
Volvo sells first EX30 EVs in November
In June, the Swedish automaker revealed the new EV aimed at a market it’s not known for. The EX30 (Check out our review here) targets younger buyers with a zippy, fun ride and Volvo’s…
