HK-based ESG data firm MioTech raises Series B+ round from GIC, Guotai Junan …

Hong Kong-based AI-driven sustainability data and solutions provider MioTech has raised a Series B+ funding round from Singapore sovereign fund GIC and listed securities company Guotai Junan International. The financial terms of the deal remain undisclosed. MioTech provides environmental, social and governance (ESG) data for financial institutions, as well as technical solutions to help corporations with… Continue reading HK-based ESG data firm MioTech raises Series B+ round from GIC, Guotai Junan …

Tesla (TSLA) rises on market digesting AI Day, primed to ‘tackle world’s hardest problems’

Tesla’s stock (TSLA) is rising significantly today after the market had more time to digest what happened at AI Day. The company is seen as being in the right position to “tackle the world’s hardest problems.” After Tesla held its AI Day, the market didn’t seem really impressed by the progress the company has made… Continue reading Tesla (TSLA) rises on market digesting AI Day, primed to ‘tackle world’s hardest problems’

Michelin to show its ‘démonstrateur 46’ sustainable racing tire at the 2021 Le Mans 24 Hours

Michelin to show its ‘démonstrateur 46’ sustainable racing tire at the 2021 Le Mans 24 Hours Michelin’s ‘démonstrateur 46’ tyre will appear at Le Mans for the first time this year fitted to the fuel-cell-powered Green GT H24 prototype that will perform a parade lap ahead of the race’s start. Revealed earlier this year at… Continue reading Michelin to show its ‘démonstrateur 46’ sustainable racing tire at the 2021 Le Mans 24 Hours

BorgWarner Invests in Enexor BioEnergy, Widens Breadth of Sustainability Business

-Investment supports BorgWarner’s carbon footprint reduction efforts -Complements BorgWarner’s vision of a clean, energy-efficient world -Series A investment of $10 million AUBURN HILLS, Mich., Aug. 23, 2021 /PRNewswire/ — BorgWarner is expanding the breadth of its sustainability business activities by investing in Enexor BioEnergy, LLC, a company that provides on-site, renewable energy and carbon conversion… Continue reading BorgWarner Invests in Enexor BioEnergy, Widens Breadth of Sustainability Business

Ample raises $160 million on the promise of battery swapping

Battery swapping has long been a dream solution for the infrastructure problem standing in the way of wide electric vehicle adoption. Tesla famously tried but then abandoned the idea half a decade ago. But now a startup called Ample has raised $160 million to try to make it work — first for commercial vehicles, then… Continue reading Ample raises $160 million on the promise of battery swapping

Zūm CEO Ritu Narayan explains why equity and accessibility works for mobility services

Getting children to school safely and reliably is a challenge as old as public education itself. But rarely have any entrepreneurs tackled the problem of updating and optimizing one of the nation’s largest legacy transit systems, now nearly a century old. It’s still common to find people at U.S. student transportation hubs speaking into walkie-talkies… Continue reading Zūm CEO Ritu Narayan explains why equity and accessibility works for mobility services

Worldwide Bicycles Market Report 2021-2027L Product Materials, Special Features, and Segment Market Opportunity

DUBLIN, Aug. 23, 2021 /PRNewswire/ — The “Bicycles: Market Shares, Strategies, and Forecasts, Worldwide, 2021 to 2027” report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com’s offering. The global bicycle market, at $43.7 billion in 2020, has strong growth through 2027. It is anticipated to reach $140.5 billion by 2027, at a CAGR of… Continue reading Worldwide Bicycles Market Report 2021-2027L Product Materials, Special Features, and Segment Market Opportunity

Elon Musk is building a human-like robot: Does anyone else think this is a really bad idea?

First Law: A robot may not injure a human being or, through inaction, allow a human being to come to harm. Second Law: A robot must obey the orders given it by human beings except where such orders would conflict with the First Law. Third Law: A robot must protect its own existence as long… Continue reading Elon Musk is building a human-like robot: Does anyone else think this is a really bad idea?

Technology · 3:41 PM UTCSensor maker Velodyne’s founder calls for chairman’s resignationVelodyne Lidar Inc’s founder David Hall on Monday called on Ch…

A Velodyne Lidar unit is seen on Camello, an autonomous grocery delivery robot, in Singapore April 6, 2021. REUTERS/Edgar Su Aug 23 (Reuters) – Velodyne Lidar Inc’s (VLDR.O) founder David Hall on Monday called on Chairman Michael Dee to resign from the sensor maker’s board, blaming him for a steep fall in the company’s stock… Continue reading Technology · 3:41 PM UTCSensor maker Velodyne’s founder calls for chairman’s resignationVelodyne Lidar Inc’s founder David Hall on Monday called on Ch…

Buffett-backed Chinese EV Maker BYD’s IPO Plans For Chip Unit Hampered By Regulatory Probe: Report

Chinese regulatory scrutiny has come to haunt companies across sectors and the latest to suffer from the increased oversight is Warren Buffett-backed EV manufacturer BYD Company Limited (OTC: BYDDF). What Happened: China’s BYD is forced to suspend the proposed listing of its chip making arm due to a regulatory probe into the law firm advising… Continue reading Buffett-backed Chinese EV Maker BYD’s IPO Plans For Chip Unit Hampered By Regulatory Probe: Report