Cleantech & EV'sNews

Europe's ICE truck ban in danger with new fuel loophole from EU Parliament

MEPs of the European Union voted to adopt strict new rules regarding emissions from trucking and busses today, seeking a 90% reduction in total fleet CO2 emissions by 2040 — but there’s a big loophole involved. While initial planning from the EU Commission sought to categorize effectively all ICE trucks and busses as CO2-emitting, the EU Parliament has other ideas. Under the proposed rules…
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Cleantech & EV'sNews

BYD's YangWang U8 SUV goes borderline amphibious in new 'Emergency Float Mode' [Video]

YangWang, the luxury sub-brand of Build Your Dreams (BYD), is showcasing some impressive capabilities in its flagship U8 SUV it wants to float by you. The SUV has been on sale for months in China, but BYD wants to remind you that the U8 actually has an emergency mode in which it floats and can navigate back to solid ground. See more in the video below. YangWang, which directly translates to…
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AI & RoboticsNews

AI21 nabs $53 million more to challenge OpenAI in enterprise generative AI

AI21, a company that competes with OpenAI to serve enterprise companies with generative AI systems, has chosen an opportune time to announce more funding. While competitor OpenAI is reeling from internal chaos and revolt, and may fall apart after the majority of its employees have supported a letter calling upon that company’s board to resign, AI21 has raised $53 million more for its series C…
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Cleantech & EV'sNews

Ford cuts back on major EV investment, jobs at Michigan battery plant

In its latest setback, Ford is cutting back on another significant EV investment. The company is scaling back plans at its $3.5-billion EV battery plant in Michigan as it adjusts to market demand. Ford said it was “re-timing and resizing some investments” in a statement Tuesday. Although it remains bullish on its long-term strategy, Ford is reducing its investment and cutting jobs at its…
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