north carolina

Toyota triples US EV investment in North Carolina

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 and LG Energy plan to build a $4.4 billion lithium-ion plant in the US

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

Twilio says breach also compromised Authy two-factor app users

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 (

Twilio hackers breached over 130 organizations during months-long hacking spree

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

Battery investment moves onshore to kick-start US EV production

Here’s a look at some of the major U.S. battery projects underway.

Arrival slashes production targets to just 20 EV vans as part of restructuring

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

VinFast EV factory wins North Carolina’s top incentives package

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

Battery recycling could be the next investor darling of the EV era

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

Steering innovation toward the public good

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

Tiamat Sciences cooking up plant-based proteins for cheaper production of cellular meat

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 raises $40M to build its drone-based delivery service across suburbs in the US

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

PSPDFkit raises $116M, its first outside money; now nearly 1B people use apps powered by its collaboration, signing and markup tools

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

Google faces a major multi-state antitrust lawsuit over Google Play fees

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

How 4 New Jersey pools turned into a startup that just raised $10M

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 commits to 20,000 US jobs, new North Carolina campus

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

Planting seed investments on tech’s frontiers nets KdT Ventures $50 million for its latest fund

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

New clinical trial data from Locus Biosciences shows promise in CRISPR-Cas3 technology

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

Home services platform Porch acquires four companies

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

The new stimulus bill makes illegal streaming a felony

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 to acquire fitness equipment maker Precor in $420M bid to grow commercial business

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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