General Motors announced plans to eliminate approximately 1,750 jobs within its electric vehicle (EV) division, a strategic decision that underscores the mounting challenges facing automakers amid a slowing global transition to electric transportation. As first reported by Startup News in the article “G.M. Will Cut 1,750 Jobs in Electric Vehicle Business,” the job reductions are…
A recent in-depth analysis from Calcalistech titled “Mapping Israel’s Energy Startups: 490 Companies Offering Diverse Solutions for the Energy Sector” sheds light on the rapidly growing sector of energy-focused startups in Israel. As global attention pivots towards sustainable and innovative energy solutions, Israel has emerged as a hub of creativity and technological advancement in the…
Amid what could be viewed as a feverish race in global tech stakeholders to innovate in the realm of renewable energy, a new undercurrent is gaining strength—investments targeting the electric vehicle (EV) ecosystem and the broader ambition for greener goods transportation. As highlighted in a recent article titled “Wheels Up: How ELM Is Racing Ahead…
Bitcoin miners are facing renewed competition and operational pressure in the wake of the 2024 halving event, prompting concerns about industry consolidation, geopolitical tensions, and infrastructure strain. As detailed in the article “Bitcoin Miners Face New Hash Wars After 2024 Halving” published by StartupNews.fyi, the latest halving has intensified a global contest for hash power,…
At Seattle’s historic Bell Harbor Marina earlier this week, a diverse coalition of leaders from across the maritime industry gathered to address one of the most pressing challenges of our time: securing a sustainable future for the world’s oceans. Billed as the inaugural Blue Forum: Ocean+ event, the gathering served as both a rallying cry…
In a notable development for tech-savvy consumers, Anker has significantly reduced the price of one of its most popular portable chargers, making reliable on-the-go power more accessible than ever. As reported by Startup News FYI in the article “This Anker 5K Power Bank with Built-in USB-C Connector is on Sale for Less Than $20,” the…
In an unfolding scenario that underscores a significant stride in commercial renewable energy ventures, Doral Renewable Energy Resources Group has announced a substantial enhancement to its U.S. portfolio through a merger with two American solar companies. The Israeli energy firm’s ambitious maneuver aims to substantially boost its operational foothold in the rapidly evolving U.S. renewable…
In an ambitious move that highlights the growing competition in the electric vehicle (EV) market, Volkswagen has announced its plans to acquire a 25% stake in an electric vehicle battery manufacturer, 24M Technologies. The acquisition, which was executed through Volkswagen’s battery company PowerCo, aims to bolster its capabilities in the evolving sphere of battery technology,…
In a groundbreaking announcement that promises to redefine the future energy landscape, Amazon has unveiled plans for one of the United States’ first modular nuclear reactors. This initiative not only signifies a vigorous leap in adopting clean energy technologies by corporate giants but also positions Amazon at the forefront of the next wave of nuclear…
Ola Electric, a key player in India’s burgeoning electric vehicle (EV) market, has announced its expansion into the energy storage sector with the launch of its new division, Ola Shakti. The move signifies a strategic pivot that aims to leverage its expertise in battery technology to address broader energy concerns such as grid stability and…
