Category: Tech News

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Tesla’s sales fell year-over-year for the first time

/ The drop comes amid increased competition and overall softer demand for electric vehicles. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Share this story Photo by Justin Sullivan/Getty Images Tesla’s… Continue reading Tesla’s sales fell year-over-year for the first time

Chinese national fund fuels aerospace growth with two $100m-plus dealsReusable rocket maker LandSpace and satellite manufacturer Genesat raised funds.

China’s 147.2-billion-yuan ($20.2 billion) National Manufacturing Transformation and Upgrading Fund has bankrolled two domestic commercial aerospace companies in their $100-million-plus fundraising efforts amid the country’s growing space ambitions. The final few days of 2024 saw the national fund inject 900 million yuan ($123.3 million) into Beijing-based reusable rocket developer LandSpace Technology Corporation. This investment marks… Continue reading Chinese national fund fuels aerospace growth with two $100m-plus dealsReusable rocket maker LandSpace and satellite manufacturer Genesat raised funds.

Mubadala acquires majority stake in UAE pharma firmsMubadala will acquire 80% of Global Medical Supply Chain and Al Ittihad Drug Store.

Abu Dhabi sovereign investor Mubadala Investment Company has announced its acquisition of a majority stake in Global Medical Supply Chain (GMSC) and Al Ittihad Drug Store (IDS) for an undisclosed sum. In a statement, Mubadala said the acquisition from GlobalOne Healthcare Holding (GHH) gives it an 80% stake in GMSC and IDS, expanding its footprint… Continue reading Mubadala acquires majority stake in UAE pharma firmsMubadala will acquire 80% of Global Medical Supply Chain and Al Ittihad Drug Store.

Chinese EV brand IM Motors raises $192m in fresh Series B round trancheThe battery EV maker had raised $1.1b in the first tranche of the round in Marc…

Chinese premium battery electric vehicle (BEV) brand IM Motors, co-founded by state-owned automaker SAIC Motor, has secured another 1.4 billion yuan ($191.8 million) in a Series B1 round, roping in both state-owned and private investment firms. The latest tranche marks the final close of the company’s Series B fundraising, bringing the total capital raised in… Continue reading Chinese EV brand IM Motors raises $192m in fresh Series B round trancheThe battery EV maker had raised $1.1b in the first tranche of the round in Marc…

Clean Technica: The 5 Biggest Electric Vehicle Stories of 2024 — BYD, Tesla, & More003777

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Yup, 2024 is a wrap. Looking back to determine the biggest electric vehicle stories of the year, I could look through thousands of stories to try to identify the biggest — and I’ll probably do that as well —… Continue reading Clean Technica: The 5 Biggest Electric Vehicle Stories of 2024 — BYD, Tesla, & More003777

Clean Technica: It’s A Wrap — Sprucing Up Tesla Vehicles003776

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! From what I’ve read, for the first time, Tesla can make more cars than it can sell. Up through 2030, Tesla promised to sell 50% more cars in the present year than it sold in the year before, at… Continue reading Clean Technica: It’s A Wrap — Sprucing Up Tesla Vehicles003776

Thanks to public domain, Tintin can now skeleton dance to Rhapsody in Blue

It’s the start of a new year, which means a fresh crop of creative works have entered the public domain. Today, many materials that were copyrighted in 1929, along with sound recordings from 1924, become fair game to freely adapt, reuse, copy and share. The Center for Public Domain at Duke Law School collected some… Continue reading Thanks to public domain, Tintin can now skeleton dance to Rhapsody in Blue

The best VR accessories for 2025

VR headsets have jumped into a whole lot of homes these past few years, primarily due to Meta’s regular releases, Sony’s PSVR 2 and PC-adjacent products from HTC, HP, Vive and others. Many of these headsets are great on their own, but they really shine when outfitted with accessories. However, the industry is squarely in… Continue reading The best VR accessories for 2025

CNBC’s new streaming service can cost up to $600 a year

CNBC is getting in on the streaming game with a service called CNBC+. The platform will have a global livestream with financial news happening in the US, UK and Asian markets. Subscribers can also watch full show episodes on demand. The service is available via iOS and Android apps or on cnbc.com. According to Variety,… Continue reading CNBC’s new streaming service can cost up to $600 a year