Byton, a Chinese EV startup company has announced the acquisition of $500 million after the completion of series B round of funding. The funds put them in a strong financial position as they come closer to achieving their goal to have massive production of electric vehicles by the end of 2019.
Daimler has introduced two all-electric trucks to counter the Tesla Semi: the eCascadia and eM2 are designed specifically for the North American market.
Tesla is updating its Autopilot feature and by August all the Tesla vehicles with autonomous functionality will be able to self-drive with your hands off the wheel.
An updated analysis suggests the cost of extracting a tonne of CO2 from the atmosphere now ranges between US$94 and $232. 2011 analysis put the cost at $600 per tonne.