Cleantech & EV'sNews

Aptera to close crowdfunding and begin Solar EV production with the help of a private financial group

May 20, 2024
Solar EV startup Aptera Motors announced it is leaving its “crowdfunding nest” of sorts, putting a bookend on three years of its Regulation A offering to pursue private funding. The startup shared a deadline for public investors while it engages in discussions with private financial group US Capital to help (finally) get its solar EVs into scaled production. Scaling is hard. We’ve seen…
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CryptoNews

Ethereum Technical Insights: ETH Crosses $3,100 Mark for the First Time in 21 Days

May 20, 2024
Ethereum’s price has been exhibiting a narrow intraday range between $3,048 and $3,139. With a market capitalization of $373 billion and a 24-hour trading volume of $9.83 billion, the cryptocurrency shows a mixed technical outlook. At 7:57 (EDT) on Monday, ether is exchanging hands for just under $3,100 at $3,093 per unit. Ethereum The hourly chart for ethereum (ETH) indicates bearish pressure…
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DefenseNews

House panel takes aim at Navy size, new capabilities in defense bill

May 16, 2024
A defense policy bill released this week by the House Armed Services Committee expresses concerns over the Navy’s aging cruisers, the cost and capability of a planned amphibious ship, development of capability to rearm vessels at sea, and more. The language in the committee’s fiscal 2025 National Defense Authorization Act represents a continuation of disagreements between lawmakers and the sea…
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Cleantech & EV'sNews

Ford trims EV battery orders as losses swell to over $100,000 per electric car in Q1

May 16, 2024
With losses piling up, Ford is cutting back on EV battery orders. According to sources, the move comes as Ford’s EV losses pile up, topping over $100,000 per electric car built in the first quarter. After announcing plans to delay around $12 billion in EV spending last year, Ford has continued to push back EV initiatives, citing slower-than-expected market demand. After cutting F-150 Lightning…
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