Here’s what the EV scene looked like a few years ago, pre-COVID: the legacy automakers were slow-walking the transition to EVs, producing just enough “compliance cars” to satisfy government regulators, doing nothing to market them, and insisting that customers didn’t want them. Of course, even then everyone knew this wasn’t true — Tesla had already… Continue reading Clean Technica: Will Rising Lithium Prices Put An End to Trend Toward LFP Battery Cells for EVs?002007
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Cleantechnica: Musk: Self-Driving Cars Next Year 002006
Elon Musk was in Brazil recently for talks with its president, Jair Bolsonaro, to discuss using SpaceX technology to help bring internet to schools in rural areas of the country and to monitor Amazon rainforest deforestation, according to Drive Tesla Canada. There is no word on whether he encouraged the exalted leader of that country… Continue reading Cleantechnica: Musk: Self-Driving Cars Next Year 002006
The UK Is Producing Too Much Wind Power, Actually
It’s bittersweet. Slow ‘Bine It’s a little bittersweet, but the UK actually produced more wind power than the system could handle this week. Wednesday’s Bloomberg report said a few wind farms in Scotland were asked to reduce output by 25 megawatts, or about as much as two average US households uses in a year. The… Continue reading The UK Is Producing Too Much Wind Power, Actually
‘Star Wars: The Bad Batch’ season two arrives on Disney+ this fall
On Sunday, the final day of Disney’s Star Wars Celebration 2022 event, the company shared the first trailer for season two of The Bad Batch. And while we’ve known since last year that Disney planned to continue the series, the new season now has a release timeframe. It will debut on Disney+ this fall. [embedded… Continue reading ‘Star Wars: The Bad Batch’ season two arrives on Disney+ this fall
Researchers sequenced the genome of one of Pompeii’s ancient inhabitants
In 1933, archaeologists excavating the remains of Pompeii found the bodies of two individuals, their skeletons almost perfectly preserved by the volcanic ash that buried their home in the aftermath of the eruption of Mount Vesuvius on August 24th, 79CE. While many of Pompeii’s residents fled the natural disaster, these two did not. Notizie degli… Continue reading Researchers sequenced the genome of one of Pompeii’s ancient inhabitants
Indonesia’s MDI Ventures may be eyeing $100m impact fund …
Telkom Indonesia’s venture arm MDI Ventures is exploring a $100-million impact fund, according to sources aware of the matter. Fundraising discussions are still understood to be in the preliminary stages, with MDI Ventures set to be a key limited partner (LP) in the fund. The fund is also likely to tap on a different set… Continue reading Indonesia’s MDI Ventures may be eyeing $100m impact fund …
Fundnel to launch Southeast Asia secondaries fund for European investors
Singapore-headquartered private investment platform Fundnel is set to launch a new Southeast Asia-focused secondaries fund targeted at European investors. Fundnel is launching the fund in partnership with Aris PrimePartners Asset Management, a Singapore-based multi-family office and asset management firm with roots in Europe and the UK. Go to Source
Ares SSG expects COVID-hit SE Asia to deliver more restructuring opportunities
Ares SSG, one of the largest alternative investment managers (AIMs) in the Asia-Pacific region, expects deep-pocketed AIMs to be well-placed to capture opportunities in cleaning up COVID-hit assets in Southeast Asia. “There has been a very accommodative regulatory framework, [with assets that are essentially in default] moratoriums. But no one wants to call an NPL… Continue reading Ares SSG expects COVID-hit SE Asia to deliver more restructuring opportunities
‘If the idea is clear, it doesn’t matter if a startup is women or men led’
Growing a business from an idea is a challenge for both men and women entrepreneurs, and everyone needs to exhibit grit and resilience to navigate the questions by VCs successfully, said Dr Garima Sawhney, co-founder of Pristyn Care, in an interview for DealStreetAsia’s inaugural report – Female Founders in India 2021 – on the gender… Continue reading ‘If the idea is clear, it doesn’t matter if a startup is women or men led’
Indonesia’s quick commerce startup Astro confirms $60m Series B round
Astro, a Jakarta-based quick commerce startup, on Monday announced the completion of a $60 million Series B funding round led by investment firms Accel, Citius and Tiger Global Management. Existing investors, including AC Ventures, Global Founders Capital, Lightspeed, and Sequoia Capital India, also participated in the round. The company, which was launched in September 2021,… Continue reading Indonesia’s quick commerce startup Astro confirms $60m Series B round