Lifeboat Foundation

Biden’s energy policy is paying off big time.

SEOUL, May 26 (Reuters) — South Korea’s Hyundai Motor Group and LG Energy Solution Ltd (LGES) (373220.KS) on Friday said they will build a $4.3 billion electric vehicle (EV) battery plant in the United States amid a push to take advantage of tax credits.

Manufacturers must adhere to new U.S. sourcing requirements for EV battery components and critical minerals so that buyers of their vehicles can qualify for up to $7,500 in tax credits under the Inflation Reduction Act (IRA).

Continue reading “Hyundai Motor Group, LG Energy to build $4.3 billion EV battery plant in US” »

AI agents like Auto-GPT, AgentGPT, and BabyAGI build off of OpenAI’s API to automate tasks. Here’s how to use them.

The Tesla Model Y was the world’s best-selling car in Q1 2023, marking the first time ever that an EV has achieved this feat, according to industry analyst JATO Dynamics.

Model Y sales have been growing around the world for the last few years, putting the car on the trajectory to become the world’s best-selling vehicle. The feat was first predicted even before the car came to market, as Tesla thought the car could see up to a million units of demand per year.

It was an ambitious goal at the time, with many considering it another example of an “optimistic” Tesla prediction, but last year Tesla said the Model Y was on track to become the world’s best-selling car in 2023.

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New Tesla Cybertruck interior photos reveal an improved yoke steering wheel and other new tiny details to the all-electric pickup truck.

The interior photos revealed an improved yoke steering wheel that’s closed up, similar to a traditional round steering wheel.

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Lightyear’s sleek O sedan has solar panels that can provide up to 44 miles of range per day.

With its intuitive cockpit, Doroni says you only need 20 hours of flight training and a license to fly its H1.

Discover how car parks are evolving into solar powerhouses, generating clean energy, reducing costs, and shaping a sustainable future.

Imagine this: a car park with sleek solar panels mounted on jet-black steel supports, harnessing the sun’s energy while providing shade for parked vehicles.

This groundbreaking concept is becoming a reality in car parks across the UK, offering much more than just parking spaces.

Researchers from the UK and China developed a greener battery than the lithium-ion alternative.

Competition in the burgeoning electric vehicle market is heating up. Green car enthusiasts are already salivating at the chance to test-drive the Nissan LEAF and the Chevrolet Volt when they hit dealerships late this year. Now, it seems an underdog has stepped out from the shadows to give these big hitters a real run for their money.

At this year’s Detroit Auto Show, Chinese automaker BYD announced plans to break into the North American auto market by selling their all-electric e6 in the United States by the end of the year.

While Chevy and Nissan don’t have much to worry about in the short-term — initial rollout is currently slated for the Southern California market only — BYD has some pretty lofty goals that could spell trouble over the next few years. Specifically, BYD (which stands for “Build Your Dreams”) plans on becoming no less than the world’s largest automaker by 2025.