Cleantech & EV'sNews

Volvo breaks up with Polestar and sees its shares soar

February 2, 2024
More bad news for Polestar. The struggling luxury EV maker just lost its funding from Volvo, which is handing full responsibility for the brand over to China’s Geely. However, Volvo is letting them down easy, saying it’s a “natural evolution” for the two brands. After announcing the split yesterday, Volvo saw as much as a 30% jump in its shares, according to Bloomberg. And that is exactly…
Read more
Cleantech & EV'sNews

Quick Charge Podcast: January 31, 2024

February 2, 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

The world's largest EV battery maker will build its own $1.83B offshore wind farm

February 2, 2024
Contemporary Amperex Technology (CATL), the world’s largest EV battery maker, is going to build its own $1.83 billion offshore wind farm. The Chinese EV battery and battery storage giant’s offshore wind farm, which will be sited near the company’s headquarters in Ningde in southeastern Fujian Province, will provide clean energy to power its own operations, reports Caixin. The Fujian…
Read more
CryptoNews

USDC to Go Native on Celo Blockchain, Eyeing Role as Gas Currency

February 2, 2024
The Celo Foundation has partnered with Circle to bring USDC, a leading stablecoin, into its network. This integration not only diversifies Celo’s stablecoin offerings but also positions USDC to become an official gas currency on the blockchain. Celo Embraces USDC for Enhanced Digital Currency Functionality and Gas Payments The Celo Foundation has announced that Circle will make its US Dollar…
Read more
CryptoNews

Jupiter's JUP Token Makes a Grand Entry With $700M Airdrop on Solana Blockchain

February 2, 2024
Jupiter successfully launched its JUP token. The airdrop, one of the largest in crypto history, distributed an astounding $700 million worth of JUP tokens to almost a million wallet holders. Jupiter’s JUP Token Airdrop Distributes to Nearly a Million Users The cryptocurrency world witnessed one of the largest token airdrops in its history on Jan. 31, as Jupiter, a Solana-based decentralized…
Read more