Harri Weber
Flexport, a logistics company with $2.7 billion in venture and debt funding, is reportedly planning additional layoffs.
That’s according to Information, which said the firm intends to eliminate around 20% of its roles in the next few weeks. Flexport communications head Liyan Chen declined to comment on the report in...
The Bill and Melinda Gates Foundation is pumping $3.5 million into C16 Biosciences, the Y Combinator-backed company fermenting alternatives to the environmentally destructive palm oil business. The Gates grant comes alongside a $1 million check from Elemental Excelerator, a non-profit accelerator that backs climate tech “with deep community impact.”
You...
Much of the intriguing climate tech that crosses our desks is theoretical or only just coming to market — think: tech that sucks carbon out of the sky, emerging lithium-ion battery alternatives and bio-plastics that’ve yet to seriously scale. These aren’t the sorts of things ArcTern wants to fund,...
Reencle, a company that makes smart composters, claims its next device will be quieter, more energy-efficient and able to handle more food scraps than its predecessor. The upgrade, dubbed Reencle Gravity, is due out by around September of this year.
If the upcoming composter works as advertised, it’ll help households reduce...
Hydrogen has always been presented by automakers and politicians as an alternate clean-energy option for electric vehicles, but it’s never really caught on. Don’t tell anyone at CES 2024, though, as this year’s show floor was littered with vehicles of all sizes that are hydrogen-powered.
There has been so much...
Offshore wind turbines at two commercial-scale sites are now sending power to the U.S. grid.
Moments before midnight on Tuesday, a single turbine near Martha’s Vineyard delivered 5 megawatts of renewable energy to the New England grid, developers said. The turbine is one out of 62 planned for Vineyard Wind...
Several would-be antidotes to the supersized and high-priced EV trend kicked the bucket this year. That’s bad news for everyone, even if you’d pick a beefy Cybertruck over something resembling a teeny Kei car.
Cars in general are no substitute for more efficient modes of transportation, including trains and bikes....
Lucid’s chief financial officer Sherry House is leaving the company to “pursue other opportunities,” the automaker told investors on Monday.
The news comes less than a month after Lucid debuted its luxury Gravity SUV, and mere days after Nasdaq said it will bump the firm from the Nasdaq-100 index (alongside...
Tesla’s warning to Cybertruck resellers and scalpers appears to be back.
An apparent early Cybertruck buyer claims they spotted Tesla’s $50,000 legal threat again in an order agreement for the electric pickup. On Friday, they posted a screenshot of the clause to the Cybertruck Owners Club forum. It restates the...
Last week, Tesla dropped details on the Cybertruck and maxed-out Cyberbeast. After all that talk of supersized trucks, the North American release of the Fiat 500e buggy hits like a frosty mug of ice water.
Fiat’s owner, Stellantis, said it would bring the popular li’l EV to North America next...