SYNDEY — Australia is building up a domestic industry to supply electric-vehicle manufacturers, with a goal of diversifying an economy long dependent on mining and fossil fuels. Battery material manufacturer Austvolt opened a research and development laboratory Wednesday in Bentley, a city in the state of Western Australia. Go to Source
Category: Automotive
Hitting the Books: Why AI needs regulation and how we can do it
Retraining workers for the high-tech jobs of tomorrow will be imperative, argues author Tom Kemp. The burgeoning AI industry has barrelled clean past the “move fast” portion of its development, right into the part where we “break things” — like society! Since the release of ChatGPT last November, generative AI systems have taken the digital… Continue reading Hitting the Books: Why AI needs regulation and how we can do it
15 Undervalued Cyclical Stocks to Buy Now
In this piece, we will take a look at 15 undervalued cyclical stocks to buy now according to Wall Street analysts. If you want to skip our primer of cyclical stocks and the economy in general, then skip ahead to 5 Undervalued Cyclical Stocks To Buy Now. Stocks are divided into several categories and these… Continue reading 15 Undervalued Cyclical Stocks to Buy Now
Tesla Vs. BYD 2023: TSLA Stock Rebounds As Cybertruck Nears; BYD Rolls Out New EVs
The Wall Street Journal The SALT Cap Has a $20 Billion Hole WASHINGTON—Many business owners can easily—and legally—dodge the $10,000 cap on state and local tax deductions, and that costs the federal government as much as $20 billion a year, according to a new estimate by the Tax Policy Center. The so-called SALT cap limits… Continue reading Tesla Vs. BYD 2023: TSLA Stock Rebounds As Cybertruck Nears; BYD Rolls Out New EVs
Granville T. Woods: Smartest Guy in the Room
Any home baker will confirm that, even if you have all the right ingredients and follow the recipe, things don’t always turn out the way you envisioned. Such was the life of inventor extraordinaire Granville T. Woods. Who was Granville T. Woods? Woods was endowed with intellectual gifts that allowed him, despite no formal engineering… Continue reading Granville T. Woods: Smartest Guy in the Room
China’s Tianneng New Materials raises $137m in Series A roundChinese VC firm Puhua Capital and CICC Capital led the Series A round.
Zhejiang Tianneng New Materials, which focuses on the recycling and disposal of waste lithium-ion batteries, has secured 1 billion yuan ($137.2 million) in a Series A round of financing. Chinese venture capital (VC) firm Puhua Capital and CICC Capital, the private equity (PE) investment arm of financial services group China International Capital Corporation Ltd (CICC),… Continue reading China’s Tianneng New Materials raises $137m in Series A roundChinese VC firm Puhua Capital and CICC Capital led the Series A round.
Sitrus Technology funding and 44 more Greater China deals worth almost $519m
Chip maker Sitrus Technology has secured 200 million yuan ($27.4 million) in an extended Series C round, participated by Shanghai-based investment firm Henglu Asset. A photonics industry development set up by a slew of state-affiliated firms including Chang An Hui Tong, and Shaanxi Finance Investment Management, among others, participated in the round. Founded in 2012,… Continue reading Sitrus Technology funding and 44 more Greater China deals worth almost $519m
Databricks seeks $43b valuation in new funding round
Databricks, a data analytics platform using artificial intelligence, is in discussions with T. Rowe Price about a new funding round that would value the company at $43 billion, Bloomberg News reported on Friday. These private discussions are at a preliminary stage and could fall apart, the report said, citing two people familiar with the matter.… Continue reading Databricks seeks $43b valuation in new funding round
NHAI enlists IIT for safety audit of Delhi-Mumbai e-way
With the traffic volume on the expressway increasing from 12,000 daily in the initial days to 28,000 vehicles at present, the number of accidents has also increased. According to NHAI officials, a few accidents are reported on the stretch every day The National Highways Authority of India (NHAI) is going to get a safety audit… Continue reading NHAI enlists IIT for safety audit of Delhi-Mumbai e-way
Honda is still trying to make its swappable electric motorbike batteries a thing
The field of swappable batteries for electric motorbikes is booming, and Honda is trying to play catch up with its own design. The Honda Mobile Power Pack e: (MPPe:) is headed to Indonesia as the company makes a play for greater international market share. The Honda MPPe: is a Gogoro-style swappable motorbike battery that even… Continue reading Honda is still trying to make its swappable electric motorbike batteries a thing