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Jan 18, 2025 · Rivian has secured a $6.6 billion loan from the U.S. Department of Energy to construct a cutting-edge manufacturing facility in Georgia. This investment Rivian secures a $6.6B loan to build a state-of-the-art EV manufacturing facility in Georgia, creating 7,500+ jobs and producing the R2 and R3 models

Honda and Nissan Set to Merge by 2026: A Strategic Move to Counter Tesla and Chinese EV Giants Honda and Nissan have officially begun merger …

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6 days ago · On January 21st, the course of human history changed. Three of the world’s most influential tech leaders, including Masayoshi Son, Sam Altman, and Larry Ellison, joined Donald Trump at the White House to unveil Project Stargate—a $500 billion investment in American AI infrastructure.. Masayoshi Son captured the moment perfectly: “This is the beginning of the Golden Age – and it wouldn ...

Jan 18, 2025 · Canoo, the electric vehicle startup founded in 2017, has reached the end of its road. The company announced on Friday that it has filed for Chapter 7 Canoo, the EV startup, files for Chapter 7 bankruptcy, shutting down operations after failed funding efforts and unfulfilled commitments with USPS, NASA, and others.

Jan 18, 2025 · A transformative $7 billion mixed-use development named Halo Vista is set to redefine northwest Phoenix. Spanning over 2,300 acres, this ambitious urban community will complement the upcoming $65 billion Taiwan Semiconductor Manufacturing Company (TSMC) facility—a landmark project expected to produce its first chips in 2025 and create 80,000 jobs.

Dec 8, 2024 · Recent reports suggest that Hyundai may be progressing faster than anticipated in the development of its lithium-iron-phosphate (LFP) batteries. According to insider sources, the company aims to complete the development of an LFP battery with a power density of 300 Wh/kg by the end of 2025.

Jan 9, 2025 · Honda has unveiled updated concepts for its much-anticipated 0 Series EV lineup, showcasing a revamped 0 Saloon and an all-new 0 SUV at CES. These models will be built at Honda’s Ohio-based EV hub, with production slated to begin in 2026. Both vehicles will incorporate cutting-edge tech, including ...

Jan 18, 2025 · Buckeye, Arizona, is set to become a major hub for tech innovation with the development of a $20 billion data center park. On August 28, Tract, a developer of master-planned data center parks, announced the acquisition of a 2,069-acre parcel for $136 million, aiming to build up to 20 million square feet of data center space across as many as 40 facilities.