The carmaker, which is aiming for 120 swapping stations in Europe by the end of 2023. Chinese electric vehicle maker Nio will install swapping stations, where drivers can switch their car battery for a fully-charged one, at 20 charging parks in Germany owned by utility EnBW, the utility provider said on Thursday. Nio launched in… Continue reading Nio to install 20 battery-swapping stations in EnBW charging parks
Category: Automotive
Korean firms plan $4 billion-plus battery plant in Georgia
Hyundai broke ground in October on a $5.5 billion electric vehicle plant near Savannah in coastal Georgia, with plans to produce 300,000 vehicles a year and hire 8,100 workers. Hyundai Motor Group and a South Korean battery maker say they will jointly invest $4 billion to $5 billion in Georgia to build a new plant… Continue reading Korean firms plan $4 billion-plus battery plant in Georgia
Give NOCs for EV chargers within a week, housing societies told in Maharashtra
Maharashtra State Housing Societies Cooperative Federation vice-president Suhas Patwardhan told TOI they were yet to receive the circular from the cooperation department. Cooperative housing societies and residents’ welfare associations in the state have now been directed to grant no-objection certificates to install electric vehicle charging points within seven days of the date of application, provided… Continue reading Give NOCs for EV chargers within a week, housing societies told in Maharashtra
November’s India auto retails hit a record high: 2.38 million units
The resilient Indian automobile industry handled tough times with fortitude, always expecting good things to happen and the good times to return. A month before 2022 wraps up, India Auto Inc is well positioned on growth road and looking to shift gear into speed lane across segments. What has helped is a combination of growth-driving… Continue reading November’s India auto retails hit a record high: 2.38 million units
A new Tesla neighborhood launches with Powerwalls in Las Vegas
A new ‘Tesla neighborhood’ has launched in Las Vegas with Tesla Powerwalls and solar power in every home. Tesla neighborhood is a term that is being used for new developments where all the homes integrate all or part of Tesla’s power ecosystem, including the Powerwall home battery pack. The best example is a new giant… Continue reading A new Tesla neighborhood launches with Powerwalls in Las Vegas
Indonesian state-owned lender BNI issues NCDs worth $192m in rupiah, USDIt is the first Indonesian lender to have issued NCDs in US currency for local…
Indonesian state-owned lender PT Bank Negara Indonesia (BNI) has issued negotiable certificates of deposit (NCDs) worth 3 trillion rupiah ($192 million) to support loan disbursements. According to a statement on Friday, the NCD consists of two parts — in local currency worth 2.5 trillion rupiah offered in three series and carrying an interest rate of… Continue reading Indonesian state-owned lender BNI issues NCDs worth $192m in rupiah, USDIt is the first Indonesian lender to have issued NCDs in US currency for local…
One Silly Little Detail Is Reportedly Delaying Artemis II by Years
With Artemis on its way back on to Earth, a question looms: why is it not headed back out, with astronauts on board, for at least two more years? In an interviews with Ars Technica, NASA insiders explained that ultimately, the lengthy gap between Artemis I and II boils down to money, and the financial issues… Continue reading One Silly Little Detail Is Reportedly Delaying Artemis II by Years
Tesla Short Sellers Are Suddenly Making Money
They smell blood in the water. Rough Patch Tesla stock? It’s seen better days. According to S3 Partners, a Wall Street analytics firm, short sellers of Tesla stock have made $11.5 billion in profits in 2022, CNN reports, in a pricy demonstration of the automaker and its CEO Elon Musk’s troubled year. Overall, not a… Continue reading Tesla Short Sellers Are Suddenly Making Money
Alameda CEO Caroline Ellison Joked About Putting “Wire Fraud” on Her Dating Profile
Don’t post, kids. Courtside Seats One of the figures embroiled in the fallout from the FTX collapse seemed to joke on her blog about committing financial crimes — and now, she’s being sued over it. Alameda Research CEO Caroline Ellison is accused in one class action lawsuit of a “years-long pattern of racketeering and conspiracy.”… Continue reading Alameda CEO Caroline Ellison Joked About Putting “Wire Fraud” on Her Dating Profile
Joy Wing Mau y la industria aeroespacial de China anuncian alianza estratégica
PEKÍN, 8 de diciembre de 2022 /PRNewswire/ — El 29 de noviembre, la nave espacial tripulada Shenzhou-XV despegó con éxito. Tres astronautas a bordo también comenzaron una expedición de seis meses por el espacio exterior. Al mirar la historia del desarrollo de la ingeniería aeroespacial de China en los últimos 66 años, el espíritu de… Continue reading Joy Wing Mau y la industria aeroespacial de China anuncian alianza estratégica