Charging plaza with 144 charge points to be built in Bavaria

Sortimo, a Swiss firm best known for building toolboxes and storage solutions for vehicles, has lent its name to an enormous public charging plaza near the A8 Autobahn in Bavaria, Germany. The Sortimo Innovation Park currently features 72 charging stations, including 32 Tesla V3 Superchargers. Upon completion, the site will offer 120 Level 2 charging… Continue reading Charging plaza with 144 charge points to be built in Bavaria

Family Annoyed When Replacement Batteries Costs More Than Electric Car

The dark side of electric cars. Batt Country Sales of electric vehicles are at a high. But, as one family in St. Petersburg, FL, found out, so are the costs of replacing their batteries. Avery Siwinksi told 10 Tampa Bay that her used 2014 Ford Focus Electric meant that she could drive herself to school,… Continue reading Family Annoyed When Replacement Batteries Costs More Than Electric Car

SURVEY: TRENDS IN U.S. JOB MARKET MAY POINT TO AN END OF THE GREAT RESIGNATION

Despite possible recession, respondents indicate confidence in job market DETROIT, July 19, 2022 /PRNewswire/ — Despite high gas prices, rising inflation and climbing lending rates — and as The Great Resignation persists — the public’s perception around the U.S. job market remains positive and fewer employees are looking to make a career change compared to… Continue reading SURVEY: TRENDS IN U.S. JOB MARKET MAY POINT TO AN END OF THE GREAT RESIGNATION

Judge grants Twitter expedited trial against Elon Musk

Twitter has scored a victory in its lawsuit against Elon Musk over his attempted exit from a $44 billion takeover deal. In an initial hearing, Delaware Court of Chancery chancellor Kathaleen McCormick has granted Twitter’s request for an expedited, five-day trial beginning in October. The company originally sought a four-day trial in September as part… Continue reading Judge grants Twitter expedited trial against Elon Musk

Synchron says it’s the first to implant a human brain-computer interface in the US

Brain-computer interfaces have become a practical (if limited) reality in the US. Synchron says it has become the first in the country to implant a BCI in a human patient. Doctors in New York’s Mount Sinai West implanted the company’s Stentrode in the motor cortex of a participant in Synchron’s COMMAND trial, which aims to… Continue reading Synchron says it’s the first to implant a human brain-computer interface in the US

Neuralink co-founder departs Musk-backed startupPaul Merolla helped launch the brain implant startup in 2016

A founding member of Elon Musk‘s Neuralink left the company in recent weeks, according to two people familiar with the matter, the latest in a string of departures at the brain implant startup. Paul Merolla, who helped launch Neuralink in 2016 and worked on its chip design program, is no longer with the San Francisco area company, the sources said. The reason for Merolla’s… Continue reading Neuralink co-founder departs Musk-backed startupPaul Merolla helped launch the brain implant startup in 2016

Panasonic’s $4 billion EV battery plant will land in Kansas

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

New 2023 Chevrolet Blazer revealed as Tesla Model Y rival

General Motors has revealed the new Chevrolet Blazer EV, which will act as the firm’s crucial rival to the Tesla Model Y and Ford Mustang Mach-E.  Like its Blue Oval competitor, the strikingly styled electric crossover will be sold alongside a mechanically unrelated ICE car and share with it a name that has been used… Continue reading New 2023 Chevrolet Blazer revealed as Tesla Model Y rival

GM cut to hold as Deutsche Bank says traditional automakers will struggle to regain interest

Deutsche Bank in a new note on the auto sector said traditional automakers could struggle to regain investor interest amid concerns about the consumer, risks to pricing, and electrification. General Motors was downgraded to hold from buy and its price target cut to $36 from $57, and Ford was kept at hold and target cut… Continue reading GM cut to hold as Deutsche Bank says traditional automakers will struggle to regain interest

Why Tesla, Rivian, and Nio Stock Popped Today

American City Business Journals Farnborough 2022: Boeing snares more orders for 737 MAX The Boeing Co.’s narrow-body 737 MAX continues to be its star at the Farnborough International Airshow in London. The manufacturer, which on Monday revealed an order for 100 MAX jets from Delta Air Lines (NYSE: DAL), on Tuesday announced a deal for… Continue reading Why Tesla, Rivian, and Nio Stock Popped Today