U.S. Department of Energy Backs Rivian with $6.6 Billion Loan for EV Expansion

November 27, 2024 – Yesterday, local time in California, Rivian, the American pure electric vehicle company, announced that the U.S. Department of Energy has conditionally committed to providing a total loan of 6.6billionundertheATVM(AdvancedTechnologyVehiclesManufacturing)program.Thisloan,whichincludes6 billion in principal and $600 million in capitalized interest, is intended to support Rivian’s expansion plans. If finally approved, the loan will…

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Apple Bolsters AI Capabilities with Acquisition of DarwinAI

March 15, 2024 – Apple has made a significant move in the artificial intelligence (AI) space with the acquisition of DarwinAI, a Canadian startup specializing in understanding and optimizing deep neural networks, according to recent media reports. Headquartered in Canada, DarwinAI boasts a core technology that leverages AI to comprehend the intricacies of deep neural…

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Expanding Horizons: iPhone 15 Series Boosts Storage, Waves Goodbye to 128GB

July 5, 2023 – As the release of the iPhone 15 series draws near, speculations about its features have been circulating online. Reports suggest that the upcoming iPhone 15 models will come with significantly larger battery capacities, which has sparked concerns among users about potential power consumption issues with the A17 chip. Leaked information indicates…

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Driving Towards a Greener Future: Huafeng’s TL Power 150 Fuel Cell System Leads the Way in Sustainable Transportation

May 16, 2023 – In the ever-evolving landscape of clean energy technologies, Huafeng Fuel Cell Co., a joint venture between Yihuatong and Toyota, has made a significant breakthrough with the unveiling of their latest innovation: the TL Power 150, a cutting-edge hydrogen fuel cell system. With a commitment to advancing fuel cell technology for commercial…

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Elon Musk Unveils Cybertruck’s ‘Beast Mode’ and Bulletproof Testing

November 01, 2023 – In a podcast appearance on Tuesday, Tesla CEO Elon Musk provided updates on the highly anticipated electric pickup truck, the Cybertruck. Musk discussed various aspects of the vehicle, including its weight, acceleration, and protection capabilities. He also reiterated Tesla’s goal of producing 200,000 Cybertrucks annually. Previously, Tesla had stated its capacity…

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