Panasonic has picked De Soto, Kansas, to build a new EV battery plant, which projects to bring up to $4 billion in investments for the state, the Kansas governor’s office said in a press release. The press release predicts the plant will create up to 4,000 jobs, plus estimates of 4,000 additional jobs with suppliers… Continue reading Panasonic’s $4 billion EV battery plant will land in Kansas
Category: Tech News
Category Added in a WPeMatico Campaign
Security flaws in a popular GPS tracker are exposing a million vehicle locations
Security vulnerabilities in a popular Chinese-built GPS vehicle tracker can be easily exploited to track and remotely cut the engines of at least a million vehicles around the world, according to new research. Worse, the company that makes the GPS trackers has made no effort to fix them. Cybersecurity startup BitSight said it found six… Continue reading Security flaws in a popular GPS tracker are exposing a million vehicle locations
Rolls-Royce and Hyundai partner on air taxi hydrogen fuel system
Rolls-Royce and Hyundai are partnering to develop a fuel-cell electric propulsion system for advanced air mobility. The collaboration, announced Tuesday at the Farnborough Airshow in the U.K., will combine Rolls-Royce’s aviation expertise with Hyundai’s hydrogen fuel cell technology. Together, the automakers aim to deliver a joint fuel-cell electric aircraft demonstration by 2025. Aerospace could be… Continue reading Rolls-Royce and Hyundai partner on air taxi hydrogen fuel system
Is the metaverse going to suck? A conversation with Matthew Ball
Let’s talk about the metaverse. You probably can’t stop hearing about it. It’s in startup pitches, in earnings reports, some companies are creating metaverse divisions, and Mark Zuckerberg changed Facebook’s name to Meta to signal that he’s shifting the entire company to focus on the metaverse. The problem, very simply, is that no one knows… Continue reading Is the metaverse going to suck? A conversation with Matthew Ball
B Capital closes $250m early-stage Ascent Fund IIThe fund invests in pre-seed to Series A rounds globally, with an emphasis on US and Asian startups
Singapore- and US-based venture capital firm B Capital Group has closed its $250-million early-stage Ascent Fund II, according to a statement by the firm. The Ascent Fund II is B Capital’s “first dedicated early-stage fund”, investing in pre-seed to Series A rounds globally, with an emphasis on US and Asian startups. The sectors it targets… Continue reading B Capital closes $250m early-stage Ascent Fund IIThe fund invests in pre-seed to Series A rounds globally, with an emphasis on US and Asian startups
Hummingbird leads $15m funding in Eka Care and other India deals
Eka Care, a healthcare technology company that manages health profiles, on Tuesday announced that it has raised $15 million in a Series A funding round led by Hummingbird Ventures. Other investors in the round include 3one4Capital, Mirae Assets, Verlinvest, Aditya Birla Ventures, Binny Bansal, Rohit MA, among others, the startup said in a statement. Go… Continue reading Hummingbird leads $15m funding in Eka Care and other India deals
China Digest: Immotor snags $28m round; Shanghai-listed Sokon raises $1.1b
Green energy technology startup Immotor Technology has closed $28 million in a Series C round. Separately, automaker Chongqing Sokon Industry Group has raised billions of Chinese yuan to shift its business focus to new energy vehicles. Green energy tech startup Immotor closes $28m round Chinese green energy technology startup Immotor Technology has raised $28 million… Continue reading China Digest: Immotor snags $28m round; Shanghai-listed Sokon raises $1.1b
Chevy’s first electric Blazer starts at $47K and offers FWD, RWD, or AWD options
Chevy is bringing the Blazer to its electric car lineup. The midsize crossover SUV is the latest of the GM brand’s gas cars to feature an all-electric version, joining the Chevy Equinox EV, Silverado EV, and GMC Hummer EV. Chevy isn’t going light on the options for the Blazer EV: buyers can choose between front-wheel… Continue reading Chevy’s first electric Blazer starts at $47K and offers FWD, RWD, or AWD options
Slow broadband? FCC wants to boost internet speeds from ‘harmful’ minimums
Image: Shutterstock / Antonio Guillem The current minimum measure for broadband is behind the times and, even worse, it’s harmful, warns the chairwoman of the US telecoms sector regulator, the Federal Communications Commission. Jessica Rosenworcel, Joe Biden’s appointment for chair of the Federal Communications Commission (FCC), wants to raise the US’s national standard for minimum… Continue reading Slow broadband? FCC wants to boost internet speeds from ‘harmful’ minimums
Prime Day parties on with the discount on this future-proof Samsung 8K TV
Samsung Amazon Prime Day is over, but other vendors still have a number of summer savings worth checking out, including a $500 discount on the Samsung Neo QLED 8K Smart TV. The sale is what Samsung calls “Black Friday in July,” a hat-tip to the upcoming week of sales in late November. For a limited… Continue reading Prime Day parties on with the discount on this future-proof Samsung 8K TV