In a massive new deal, Solar giant Qcells will supply Microsoft with 12 gigawatts (GW) of solar panels over eight years.
Qcells’ largest agreement ever will supply Microsoft with enough solar panels to power the equivalent of more than 1.8 million homes annually, as well as engineering, procurement, and construction services. The two companies originally agreed to a 2.5 GW contract in January…
Ford draws up an Ultium-like EV platform for any vehicle type, from trucks to small coupes
January 9, 2024
Is Ford taking a page from rival GM? A new patent filing hints an Ultium-like EV platform could be in the works to power Ford’s next-gen electric pickup, or any other electric car, for that matter.
Ford’s CEO Jim Farley confirmed its second-gen EVs are “deep in…
Tesla prepares new 'efficiency package' amid range concerns
January 9, 2024
Tesla is preparing to launch a new “efficiency package” across most of its electric vehicle lineup amid range concerns.
Tesla has long been the leader in efficiency for electric vehicles – getting more range out of smaller battery packs than most of its competitors.
Some have caught up now and on top of it, there are growing concerns that Tesla might be too optimistic with its range…
Don’t underestimate the Volvo EX30’s small size. As the first EX30 models reach European buyers, Volvo sees it as a best-seller over the next few years.
In June, Volvo unveiled its smallest and cheapest SUV, the EX30 (see our review). The Swedish automaker calls the…
VW slashes prices in Europe to compete with Tesla
January 9, 2024
Volkswagen said it wouldn’t get involved in a price war with Tesla. But now it too is dramatically slashing prices on its ID line of electric vehicles in Europe, following Tesla’s price cuts for the top-selling Model 3 and Model Y.
As the new year brought tighter…
Ethereum Technical Analysis: Ether Echoes Bitcoin's Volatility Amid Growing ETF Anticipation
January 9, 2024
Ethereum’s trading value, standing at $2,265, represents a fluctuation within a daily range of $2,170 to $2,310, against the dynamic canvas of a $272 billion market capitalization and a robust 24-hour trading volume of $19.24 billion. Ether, along with a multitude of crypto assets, mirrors the volatility of bitcoin as anticipation grows over the potential approval of a spot bitcoin…
This week witnessed a 5% uptick in bitcoin’s value, while ethereum experienced a 1.6% dip over the same period. Leading the charge among the top 100 cryptocurrencies, stacks (STX) soared 29.2%, with osmosis (OSMOS) closely trailing with a 17% increase against the U.S.
Ark Invest CEO Expects Spot Bitcoin ETFs to Attract 'Substantial' Institutional Flows, Pushing BTC 'Much Higher'
January 9, 2024
Ark Invest CEO Cathie Wood expects spot bitcoin exchange-traded funds (ETFs) to move the price of bitcoin “much higher.” The securities regulator is expected to make a decision on spot bitcoin ETFs by Wednesday. “We think that the SEC approval, should we and others get…
Crypto Exchange Bitmex Sends Physical Bitcoin to the Moon — Expects to Land on Lunar Surface Next Month
January 9, 2024
Cryptocurrency derivatives exchange Bitmex is sending a physical bitcoin to the moon. “The bitcoin wallet in the shape of one coin will land on the Moon aboard the Peregrine spacecraft, making this the first financial asset to touch the lunar surface!” Bitmex detailed.
Bitmex Sending Bitcoin to the Moon
Crypto derivatives exchange Bitmex announced Saturday that it is “sending bitcoin to the…