ABB sells joint venture stake worth $1.7b back to Hitachi

ABB will sell back to Hitachi its remaining 19.9% stake, worth $1.679 billion, in the Hitachi Energy joint venture, the Swiss engineering group said on Friday. Hitachi exercised its option to buy the stake in the venture formed from ABB‘s Power Grids business in 2020. “ABB does not expect to record any significant gain or loss as a result of the… Continue reading ABB sells joint venture stake worth $1.7b back to Hitachi

Cleantechnica: Revenge Of The ICE Car In Italy As Plug-Ins Down To 7% In August 002285

Originally published on opportunity:energy. There is no sign of relief for the ongoing EV crisis in Europe’s fourth largest auto market. As the rest of the continent continues to enjoy an increasing share of plug-in vehicles across all major countries, Italy is showing a worrying pullback, whose causes — as ever — are also political.… Continue reading Cleantechnica: Revenge Of The ICE Car In Italy As Plug-Ins Down To 7% In August 002285

Cleantechnica: Tesla Model X In “Boat Mode” Escapes Hurricane Ian Floodwaters 002284

Zach is tryin’ to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine,… Continue reading Cleantechnica: Tesla Model X In “Boat Mode” Escapes Hurricane Ian Floodwaters 002284

Cleantechnica: Tesla Quarterly Sales Charts Rise Again — 9 Charts 002283

Tesla reported its 3rd quarter vehicle production and delivery numbers earlier today. That allowed us to update various spreadsheets and create updated charts of Tesla’s long-term delivery trends. Some of the charts below use Tesla’s official figures. However, Tesla doesn’t fully break out sales by models (and also doesn’t break out sales by country or… Continue reading Cleantechnica: Tesla Quarterly Sales Charts Rise Again — 9 Charts 002283

Clean Tecnica: Tesla Achieves Record 343,830 Deliveries In 3rd Quarter — BREAKING 002282

Zach is tryin’ to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine,… Continue reading Clean Tecnica: Tesla Achieves Record 343,830 Deliveries In 3rd Quarter — BREAKING 002282

Cleantechnica: Tesla 4th Quarter Sales Forecast HUGE, According To Internal Tesla Leak 002281

It’s the beginning of a new quarter, which means we will be getting Tesla’s global sales for the previous quarter very soon. There’s all kinds of speculation around what that total will be for the 3rd quarter, but what no one is forecasting is that it will be close to half a million vehicles. However,… Continue reading Cleantechnica: Tesla 4th Quarter Sales Forecast HUGE, According To Internal Tesla Leak 002281

Coinbase users were unable to withdraw funds to US bank accounts for six hours

Coinbase users were unable to carry out US bank account transactions for around six hours on Sunday. An issue with the Automated Clearing House Network, which is used for electronic transfers between bank accounts in the country, emerged just before 7AM ET. The company said on its status page that it identified the problem, described… Continue reading Coinbase users were unable to withdraw funds to US bank accounts for six hours

TikTok will reportedly bring live shopping to the US this holiday season

TikTok plans to bring its live shopping “TikTok Shop” feature to North America using outsourced technology, according to The Financial Times. It’ll reportedly be launched “over the next month with large brands” to take advantage of holiday shopping.  TikTok Shop is based on a similar, successful feature on TikTok’s sister app Douyin in China, and… Continue reading TikTok will reportedly bring live shopping to the US this holiday season

Tesla built 365,923 electric vehicles in Q3, up 42 percent from Q2

After pandemic-related disruptions in Q2, Tesla ramped up its manufacturing capacity again last quarter, leading the company to make a record number of deliveries between July 1st and September 30th. The company built 365,923 electric vehicles during the period. That marks a year over-year production increase of nearly 54 percent, as Tesla manufactured 237,823 cars… Continue reading Tesla built 365,923 electric vehicles in Q3, up 42 percent from Q2

India: Tiger Global-backed Battery Smart eyes $50m in Series B fundingExisting investors Blume Ventures and Orios Venture are likely to participate in…

India’s Battery Smart, a battery-swapping network for electric vehicles, is eyeing a fundraise of $50 million in its Series B funding round as it looks to expand to new territories, DealStreetAsia has learnt. The New Delhi-based startup has initiated talks with a couple of new and existing investors, including Blume Ventures and Orios Venture Partners,… Continue reading India: Tiger Global-backed Battery Smart eyes $50m in Series B fundingExisting investors Blume Ventures and Orios Venture are likely to participate in…