Toyota said Wednesday it will triple its planned investment for its first U.S. battery factory due to rising consumer demand for electric vehicles. The automaker now plans to spend $3.8 billion, up fr
Honda is the latest car company with plans to manufacture lithium-ion batteries in the U.S. The automaker said Monday it is forming a joint venture with LG Energy Solutions to supply the North America
U.S. messaging giant Twilio has confirmed hackers also compromised the accounts of some Authy users as part of a wider breach of Twilio’s systems. Authy is Twilio’s two-factor authentication (
The hackers that breached Twilio earlier this month also compromised more than 130 organizations during their hacking spree that netted the credentials of close to 10,000 employees. Twilio’s rec
Here’s a look at some of the major U.S. battery projects underway.
Arrival, the U.K.-based commercial EV startup turned publicly traded company, has lowered its delivery plans from 400 vehicles to 20 as it postpones development of its battery-electric buses and shift
Vietnamese EV maker VinFast said Thursday it received $1.2 billion in incentives to build a factory in North Carolina. The incentive package represents the state’s largest-ever economic development
Automakers and suppliers, keen to fortify an EV supply chain and avoid raw materials shortages, are turning to a domain once overlooked: battery recycling. Suddenly awash in interest from EV makers an
When it comes to transportation innovation, perhaps the hardest thing to predict is the timing of how and when these developments will impact our everyday lives
Adil estimates that today’s growth factor costs $2 million per gram to make, but she believes that with efforts from Tiamat Sciences and others, that cost could come down 10 times.
Flytrex, the Israeli startup working with Walmart, Chili’s, and others in North Carolina in pilots for a drone-based delivery service targeting suburban consumers, has picked up $40 million in f
An under-the-radar, bootstrapped startup from Vienna, Austria — a hit with developers for technology that underpins user experience for some of the world’s most popular apps — is dou
A group of 37 attorneys general filed a second major multi-state antitrust lawsuit against Google Wednesday, accusing the company of abusing its market power to stifle competitors and forcing consumer
As the oldest of 12 children, Bunim Laskin spent much of his teen years looking for ways to help keep his siblings entertained. Noticing that a neighbor’s pool was often empty, Laskin reached out to
Apple this morning announced a sweeping plan to invest north of $430 billion over the next five years. The company says the deal involves “economic benefits” in all 50 states and would create, all
Like other venture investors over the past year, Cain McClary, co-founder of the investment firm KdT Ventures, recently made the jump to Austin. But unlike the rest of them, he was coming from Black M
Antibiotic resistance is one of the biggest potential threats to global health today. But Locus Biosciences is hoping that their crPhage technology might provide a new solution. Based in North Carolin
Only a few weeks after its SPAC IPO, Porch today announced that it has made four acquisitions, worth a total of $122 million. The most important here is probably the acquisition of Homeowners of Ameri
We’ve already written several stories about the new pandemic stimulus package that Congress approved yesterday, including funding to increase broadband access and for new energy initiatives. The
Peloton has announced that it intends to acquire Precor, one of the world’s largest suppliers of commercial fitness equipment. You probably recognize the Precor brand name if you’ve ever s
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