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Tesla Invests $1.5 Billion with Bitcoin

WIL BALDWIN February 8, 2021

On Monday morning, February 8th 2021, Tesla disclosed in a SEC filing that it had invested $1.5 Billion in Bitcoin, the most commonly known form of cryptocurrency. The company also noted that it is planning…

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Hitachi Rail Successfully Tests First Battery-Powered Tram

WIL BALDWIN February 2, 2021

Battery-powered tram offers major benefits of requiring no overhead wires or other electrified infrastructure – saving on costs and visual impact On-board batteries allow energy to be additionally recovered during breaking Trial in Florence aims to allow mobility firm to…

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Eve Aviation Joins UK Civil Aviation Authority to Develop Urban Air Mobility Concept

WIL BALDWIN January 20, 2021

A consortium of urban air mobility and aviation companies has commenced work on a concept of operations for integrating air taxis and electric vertical take-off and landing vehicles (eVTOL's) into the UK’s airspace. The consortium,…

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Toyota Motor North America Reports December 2020, Year-End Sales

WIL BALDWIN January 6, 2021

Toyota Motor North America (TMNA) reported December 2020 sales of 249,601 vehicles, an increase of 20.4 percent on a volume basis and up 7.5 percent on a daily selling rate (DSR) basis compared to December…

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First Order Placed With Solaris to Supply 530 Electric Buses to Hamburg

WIL BALDWIN December 31, 2020

Hamburger Hochbahn, one of the largest public transport operators in Germany, issued a tender this year for the supply of 530 twelve and eighteen metre-long (articulated) electric buses. In August, three candidate manufacturers were selected,…

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Alstom Wins Contract to Build Toulouse Metropole Third Line

WIL BALDWIN December 20, 2020

Alstom has been awarded the contract by Toulouse Metropole for the system for the third and new 27 km metro line, called Toulouse Aerospace Express, for the sum of more than €470 M. The contract…

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These Pods Could Provide a Blueprint for Future Hydrogen Aircraft

WIL BALDWIN December 15, 2020

Twinjet, s-duct, winglets, contra-rotating propellers: the aviation industry has developed numerous configurations over the last five decades that have enabled aircraft to fly higher, faster and longer. Now, Airbus engineers are unveiling a new configuration…

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Embraer & EDP Announce Joint Effort in Electric Aircraft Research

WIL BALDWIN November 22, 2020

Embraer and EDP, a company that operates in all segments of the Brazilian energy sector, have signed a partnership for electric aircraft research. Through its EDP Smart division, the Portuguese-based multinational announced a financial contribution…

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Tesla to be Added to the S&P 500 Index

WIL BALDWIN November 16, 2020

Tesla (Nasdaq: TSLA) will be joining the S&P 500 index, expanding its investor base and putting the electric car maker in the same company as market behemoths such as Alphabet, Amazon.com, Apple, and Microsoft. The…

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Mercedes-Benz Berlin Plant Boss to Join Tesla

WIL BALDWIN November 11, 2020

FRANKFURT (Reuters) - The head of the Berlin engine plant run by Mercedes-Benz has defected to rival Tesla <TSLA>, German union IG Metall said on Wednesday, calling on employees to protest over his departure. IG…