Nio pulled off an incredible turnaround in 2020

Chinese EV startup Nio entered 2020 on the brink but emerged stronger than ever, thanks in large part to a government bailout. That government aid helped Nio get back on its feet just in time to ride a new wave of optimism in EVs — something that’s never been more clear than after the company… Continue reading Nio pulled off an incredible turnaround in 2020

The 25-year-old billionaire building the future of self-driving cars

Austin Russell is the 25-year-old founder and CEO of Luminar, a startup in Silicon Valley that makes LIDAR sensors for self-driving cars. LIDAR technology had been used for short-distance mapping, but Luminar claims to have a functioning LIDAR that works at 250 meters, which is a breakthrough. Luminar recently went public, making Austin today’s youngest… Continue reading The 25-year-old billionaire building the future of self-driving cars

Volvo’s second electric vehicle will be the slimmed down C40 Recharge

The Volvo XC40 Recharge is barely out of the gate and the Swedish automaker is already unveiling its next electric vehicle. The C40 Recharge is only Volvo’s second pure battery-electric car. A slightly shorter and more streamlined version of the XC40 Recharge, the C40 Recharge will be built on the same modular platform as the… Continue reading Volvo’s second electric vehicle will be the slimmed down C40 Recharge

Lime’s old e-bike batteries are now powering these Bluetooth speakers

Accessory manufacturer Gomi is launching a limited edition Bluetooth speaker powered by batteries from old Lime e-bikes. In its announcement of the partnership, Lime says Gomi will use 50,000 battery cells from over 1,000 old e-bikes. The result is a Bluetooth speaker priced starting at £99 (around $138) that has 20 hours of battery life… Continue reading Lime’s old e-bike batteries are now powering these Bluetooth speakers

Volvo says it will only sell electric cars by 2030

Swedish automaker Volvo says it will only sell electric cars by 2030, phasing out all diesel, petrol, and hybrid options in an effort to reduce global carbon emissions. The company previously aimed for half of its cars sales to be electric by 2025, but says the new strategy is an “acceleration” of this goal driven… Continue reading Volvo says it will only sell electric cars by 2030

Volvo’s first EV is stuck on cargo ships waiting for a software update

Volvo XC40 Recharge electric SUVs are currently being held at US ports because the company is waiting to ship a crucial software update before releasing them to customers and dealers, The Verge has learned. The problem appears to be that these XC40 Recharge SUVs — which is Volvo’s first all-electric vehicle — left the company’s… Continue reading Volvo’s first EV is stuck on cargo ships waiting for a software update

PSA: this is your last chance to grab these Mario games for your Switch

It’s March, which means Nintendo will soon pull a handful of games released specifically for anniversary celebrations. Switch owners have until the end of this month, March 31st, to grab games before the developer pulls them off the eShop. That includes Fire Emblem: Shadow Dragon and the Blade of Light, Super Mario Bros. 35, Game… Continue reading PSA: this is your last chance to grab these Mario games for your Switch

How Johnson & Johnson’s COVID-19 vaccine could narrow equity gaps

All three COVID-19 vaccines available in the United States will help save lives and reduce hospitalizations. But the newly authorized Johnson & Johnson shot has some key advantages that experts say could help make the vaccination campaign more equitable. Unlike the first two vaccines, produced by Moderna and Pfizer / BioNTech, the Johnson & Johnson… Continue reading How Johnson & Johnson’s COVID-19 vaccine could narrow equity gaps

Rocket Lab unveils bigger rocket and plans to go public via SPAC

Small launch firm Rocket Lab announced plans on Monday to go public through a merger with a special purpose acquisition company, or SPAC, marking the latest deal in an industry where SPAC mergers are becoming increasingly common. The firm also unveiled a new rocket called Neutron that its chief executive said will be capable of… Continue reading Rocket Lab unveils bigger rocket and plans to go public via SPAC

US drone firm Skydio valued at $1 billion as government freezes out Chinese competition

Skydio has become the first US dronemaker with a valuation of more than $1 billion, a signal of deeper investment in American-made drones after the US government blacklisted Chinese manufacturers. The California-based Skydio raised $170 million in a Series D funding round led by VC firm Andreessen Horowitz, as first reported by The Financial Times.… Continue reading US drone firm Skydio valued at $1 billion as government freezes out Chinese competition