LUMA, a Puerto Rico electric utility, has received the green light to build a virtual power plant (VPP) with Tesla Powerwalls in Puerto Rico.
It should help with the territory’s major issues amid heat waves.
Puerto Rico was an early market for Powerwalls. Following the island’s electric grid being badly affected by a hurricane back in 2017, Tesla concentrated its at-the-time limited supply of…
Polestar (PSNY) losses grow in Q2 amid record deliveries, two new EVs near production
August 31, 2023
Swedish performance EV maker Polestar (PSNY) reported its Q2 2023 earnings on Thursday, showing widening losses as production scales. Polestar is entering an “exciting” growth phase with two highly anticipated EVs scheduled for production.
Polestar hits record…
In a not entirely unforeseen turn of events, Dutch electric bike brand VanMoof has just found a buyer to scoop up the bankrupt e-bike maker. McClaren Applied’s scooter brand Lavoie purchased the company and looks set to try and roll it into its micromobility portfolio.
To…
Super73: Meet the e-bike company that squares love to hate
August 31, 2023
Anyone that’s into e-bikes is almost certainly already aware of Super73. And if you aren’t into e-bikes, then you’ve probably at least seen some Super73s riding around your town. They’re the admittedly motorcycle-looking electric bikes that haven proven extremely popular with young riders in the US. And perhaps that’s the first clue as to why Super73 seems to get more hate than anyone…
Tesla is under federal investigation over company resources being used to build Elon Musk a house
August 31, 2023
Tesla is now under federal investigation by the DOJ over potentially using company resources to build a mansion for Elon Musk.
This story first emerged last year.
It was reported that Tesla was conducting an internal investigation about misappropriating company…
HP’s Pavilion Plus lineup offers some of the best mid-range laptop models out there, thanks to features like 16:10 displays with slim bezels, good keyboards/touchpads and solid specs. Now, the company has released its first 16-inch model, the HP Pavilion Plus 16…
Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong – Finance Bitcoin News
August 31, 2023
Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings the Swiss bank’s local entity closer to becoming a licensed provider of various services for crypto assets in the Chinese region.
SEBA Bank Takes a Step Towards Full Crypto License in Hong Kong
SEBA Hong Kong, a subsidiary of the Zug-headquartered…
South African Crypto Premium Surge After Kraken Abruptly Starts Blocking Deposits by Local Residents – Africa Bitcoin News
August 31, 2023
The premium on crypto assets listed on South African exchanges briefly surged to 3.5% after Kraken’s abruptly started blocking deposits from users based in the African country. Some South African crypto experts have linked Kraken’s decision to the Financial Action Task…
Cryptocurrency exchange Binance said it continues to provide services to residents of Belgium through its Polish entity. The announcement comes two months after the crypto trading company was ordered by the Belgian financial regulator to cease all crypto services in the…
Tel Aviv, Israel-based large language model (LLM) leader AI21 Labs confirmed with VentureBeat that it has has closed $155 million in series C funding to accelerate the growth of its text-based generative AI services for enterprises. The company is now valued at $1.4 billion.
Investors in the round include Walden Catalyst, Pitango, SCB10X, b2venture, Samsung Next and Amnon Shashua with…
