Cleantech & EV'sNews

Volvo inks deal for enormous, Tesla-style giga press

Following in Telsa’s footsteps, Volvo has just signed a contract with Italian giga press maker IDRA to install two of its largest presses at a new site in Slovakia. The giga presses – what will likely be a reconfigured version of the same Giga Press 9000 that is making Telsa’s Cybertruck – are the world’s largest, the size of a small house and producing a clamping force of more than…
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Cleantech & EV'sNews

A truckload of wrapped Tesla vehicles spotted

A truckload carrying what appears to be brand-new wrapped Tesla vehicles was spotted not long after the automaker announced a new program for in-house wraps. After months of speculation, Tesla announced last month a new program to start selling color wraps for Model 3 and…
AI & RoboticsNews

7 fascinating use cases of AI in finance

AI, large language models and machine learning have disrupted the financial industry for over a decade. What began small with simple routines has now expanded possible applications to more complex and precise use cases. The ability to read, process and analyze vast amounts…
CryptoNews

BIS Chief Touts Benefits of CBDCs, Says Crypto Reveals ‘Poorly Designed and Poorly Supervised Financial Systems’  – Bitcoin News

In a Wednesday speech in Basel, Switzerland, Bank for International Settlements (BIS) chief Agustín Carstens argued that central bank digital currencies (CBDCs) will “sit at the core of the future financial system,” bringing innovation and meeting public expectations. While Challenges Remain, BIS Boss Agustín Carstens Insists CBDCs Will ‘Secure the Future Monetary System’ In February…
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DefenseNews

US Navy tests sub-launched drones while industry continues designing

ARLINGTON, Va. — The U.S. Navy is experimenting with launching and recovering medium unmanned underwater vehicles from submarines, even as a formal acquisition effort is ongoing. The Program Executive Office Unmanned and Small Combatants is pursuing the project, which is meant to create a common drone that can conduct expeditionary mine countermeasures or operate from submarines. Capt. Kevin…
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Cleantech & EV'sNews

Quick Charge Podcast: November 8, 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…
Cleantech & EV'sNews

Lexus is offering $15,000 in lease cash off its first EV, the 2023 RZ 450e

As the EV price war heats up, Lexus is increasing the discounts. Lexus is offering up to $15,000 off 2023 RZ 450e leases, its biggest discount so far. Toyota’s luxury division, Lexus, unveiled its first all-electric SUV last April, the 2023 RZ 450e. Lexus claims the electric RZ marks its “transition to a BEV-centered brand.” The electric RZ began rolling out in the first quarter of 2023…
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