The Boring Company’s new flagship tunneling machine arrives in Las Vegas

Teslarati

The Boring Company (TBC) unleashed its new tunnel boring machine (TBM) named Prufrock in Las Vegas recently. Prufrock may help Elon Musk’s tunneling company build the Vegas Loop, which will feature several stops along popular tourist destinations in Las Vegas.

Mercedes-Benz acquires electric motor technology company YASA

Green Car Congress

Mercedes-Benz has acquired YASA, a pioneer in next-generation electric drive technology.

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Amazon invests in electrofuels company Infinium

Green Car Congress

Infinium Electrofuels have the potential to help investor Amazon and other companies to decarbonize their operations and meet their net-zero carbon goals.

The Boring Company expands its reach with wider freight tunnels

Teslarati

Elon Musk’s Boring Company might be working on 21 ft tunnels to transport standard-sized freights side-by-side. Wider tunnels could expand The Boring Company’s business. Fits a standard shipping container (barely)[!],” wrote The Boring company in its description of the freight tunnel.

The Boring Company’s Las Olas Loop proposal for Fort Lauderdale gets accepted

Teslarati

Trantalis announced that the city formally accepted The Boring Company’s (TBC) proposal for a transit system called The Las Olas Loop. However, it seems The Boring Company pitched a much bigger project leading up to the beach. Fort Lauderdale Mayor Dean J.

Elon Musk’s Boring Company linked to 73-acre purchase in East Texas

Teslarati

Elon Musk’s Boring Company has been linked to a 73-acre land purchase in Bastrop County, Texas. The Boring Company (TBC) already established an office building in Pflugerville. The Boring Company and Gapped Bass LLC are closely linked to each other.

The Boring Company proposes underground Loop for Fort Lauderdale

Teslarati

Trantalis announced that The Boring Company (TBC) has submitted a proposal to build an underground transit system in the city. Since the beginning of the year, Mayor Trantalis has communicated with The Boring Company for a potential project in New River. Fort Lauderdale Mayor Dean J.

First Look at a ride inside the Boring Company’s LVCC Loop as testing begins

Teslarati

Elon Musk’s Boring Company performed capacity testing in Las Vegas at its Las Vegas Convention Center Loop yesterday as the Sin City prepares to reopen with no restrictions on June 1st.

The Boring Company opens registrations to test ride the LVCC Loop

Teslarati

The Boring Company has opened registrations for volunteers who want to test ride the Las Vegas Convention Center (LVCC) Loop. The Boring Company will be conducting a Vegas Loop Capacity Test with the volunteers. ” noted the company in its invitation.

The Boring Company LVCC Loop timelapse shows smooth, busy tunnel activity

Teslarati

When The Boring Company’s Las Vegas Convention Center Loop was formally opened for commuters use last month, the underground transport tunnel system received a lot of great reviews. News Featured The Boring Company

The Boring Company’s Ontario Airport Loop in San Bernardino is now a twin-tunnel system

Teslarati

The San Bernardino County Transportation Authority (SBCTA) unanimously approved The Boring Company’s (TBC) Ontario Airport (ONT) Loop project to go from a single reversible tunnel into a bi-directional twin tunnel system. News Elon Musk Featured The Boring Company

Havyard establishes company for hydrogen power for ships

Green Car Congress

For several years now, the Norway-based marine and maritime technology company Havyard Group has carried out research and development work on hydrogen propulsion for large vessels, for example through the Pilot E project, in order to develop a large-scale maritime hydrogen project.

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First Look at The Boring Company’s Vegas Loop Resorts World extension

Teslarati

Recent photos of The Boring Company’s (TBC) Vegas Loop Resorts World extension reveals that Elon Musk’s underground people mover isn’t done with Sin City just yet. . It seems like Boring Company has hit its stride in Las Vegas. News The Boring Company Top Story

Direct lithium extraction company EnergyX secures $20M in funding commitments

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Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market.

David Beckham Invests in UK Electric Vehicle Company: Lunaz

EV Obssesion

The post David Beckham Invests in UK Electric Vehicle Company: Lunaz appeared first on EV Obsession. Electric Vehicles EV Companies David Beckham Lunaz.group UK Electric Vehicle Company: Lunaz

Boring Company Las Vegas Convention Center Loop to welcome its first visitors in June

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The Las Vegas Convention and Visitors Authority (LVCVA) announced that The Boring Company’s Las Vegas Convention Center (LVCC) Loop is operational and expects to welcome its first visitors in June 2021. The Boring Company built two one-way tunnels stretching.8

The Boring Company officially starts LVCC Loop operations with Las Vegas Convention Center trade show

Teslarati

The Boring Company (TBC) officially started transporting passengers through its Las Vegas Convention Center (LVCC) Loop. . Boring Company’s LVCC Loop connects the Las Vegas Convention Center’s West Hall expansion with the Central Hall and South Stall. .

The Boring Company LVCC Loop capacity exceeds 4400 passengers per hour [Video]

Teslarati

The Boring Company’s (TBC) test drives for its Las Vegas Convention Center Loop (LVCC) exceeded 4,400 passengers per hour, according to results revealed on May 29. The Boring Company still has to develop some key factors in the LVCC Loop, including the introduction of autonomous operations.

The Boring Company expands TX presence with Phase 2 permit, new job openings

Teslarati

Elon Musk’s Boring Company filed to further renovate its office building in Pflugerville with the Texas Department of Licensing and Regulation. The upcoming renovation hints that The Boring Company’s roots in Texas are expanding. News Elon Musk Featured The Boring Company

First videos of The Boring Company’s working LVCC Loop in action emerge

Teslarati

The Boring Company’s Las Vegas Convention Center Loop is now complete, and the first batch of videos of the low-cost underground transport system in action have been shared online. Here’s the escalator ride down into Central Station of the Boring Company’s Convention Center Loop.

The Boring Company’s initial fare prices for the greater Vegas Loop are released

Teslarati

The Boring Company has released the fare prices for the Vegas Loop, and they are quite reasonable. Credit: The Boring Company ). The Boring Company has posted its initial estimated fares per vehicle for the upcoming Vegas Loop. Credit: The Boring Company ).

Saga Pure takes 33% stake in liquid hydrogen storage technology company

Green Car Congress

Norway-based Green inverstment company Saga Pure ASA has committed to subscribe for NOK 30 million (US$3.5 Following the private placement, Saga will have an ownership of approximately 33% in the company.

Daimler to split into two pure-play companies: cars & vans, trucks & buses

Green Car Congress

Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company.

Tesla signs nickel supply agreement with Australian mining company

Teslarati

Tesla and BHP, a global mining company in Australia, signed a nickel supply agreement with each other recently. The mining company assured that its Nickel West asset is one of the most sustainable and lowest carbon emission nickel producers in the world.

European power-to-methane company Electrochaea opens California subsidiary

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In 2019 the company opened a third pilot plant at the US Department of Energy’s National Renewable Energy Laboratory (NREL) with support from SoCalGas. The company has several renewable methane projects under development in the US as it moves forward with commercial roll-out in North America.

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Canadian company AK Motor International introduces new EV brand: Maple Majestic

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Canada-based AK Motor International Corporation, an automotive intellectual property management company, is launching a new electric vehicle brand: Maple Majestic. Climate Friendly driving does not necessarily mean an SUV, says the company.

The Boring Company’s skeptics need to calm down about the LVCC Loop

Teslarati

The Boring Company’s Las Vegas Convention Center Loop has been completed, and as with every other project from Elon Musk, the initiative has attracted a barrage of criticism from skeptics, some of whom have ridiculed and mocked the transport tunnel system. Credit: The Boring Company ).

Silicon and carbon products company Elkem establishes Vianode as new company and brand for active anode materials for EV market

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Leading silicon and carbon products company Elkem has successfully commissioned its industrial pilot for battery materials in Kristiansand, Norway, starting industrial scale pilot production for customers. As the next step towards large-scale production, Elkem is now establishing Vianode as a new company and brand dedicated to develop and produce sustainable and high-quality active anode materials to meet the needs of the exponentially growing electric vehicles marketplace.

Boring Company gets another potential FL project in North Miami Beach

Teslarati

North Miami Beach Vice Mayor Michael Joseph has initiated talks with Elon Musk’s Boring Company for a one to two-mile tunnel under State Road 826. Joseph suggested that money from tolls might help pay for The Boring Company project. News Elon Musk Featured The Boring Company

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SK makes strategic investment in clean hydrogen company Monolith; “cyan hydrogen”

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Nextera, the largest power generation and renewable energy development company in the United States, also participated in the round. SK says Monolith is the only company with cyan hydrogen process technology that has entered the commercialization stage.

Electric VTOL company Lilium completes $240M funding round

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Lilium, the Munich-based aviation company developing an all-electric, vertical take-off and landing aircraft for regional air mobility ( earlier post ), completed an internal funding round worth more than $240 million.

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Alfa Laval acquires minority stake in an ship air lubrication technology company

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Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling, has acquired a minority stake in the Netherlands-based technology company Marine Performance Systems (MPS).

Methanol fuel cell company Blue World acquiring Danish Power Systems

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Blue World Technologies, developer and manufacturer of methanol fuel cells, is acquiring Danish Power Systems, a 25-year-old High Temperature Polymer Electrolyte Membrane (HTPEM) membrane electrode assembly (MEA) research and development company.

Tesla Robotaxi rollout gets supports from FL Mayor advocating for Boring Company tunnels

Teslarati

The Miami Mayor has been in talks with Elon Musk’s Boring Company for a tunneling project in his city. Now it seems he has also embraced another one of Musk’s companies. Mayor Francis Suarez is developing a potential Boring Company transit system in Miami.

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Si-anode company NEO Battery Materials to partner with Korea Metal Silicon

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KMS has been building a record of securing commercial supply contracts for its silicon powders from more than 20 companies located in South Korea and Japan. The company leverages a proprietary cost-effective process to produce a wide range of silicon powder materials.

HET motor company Linear Labs raises $6M in new funding

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Linear Labs has raised an additional $6 million in funding to further develop manufacturing capabilities and grow its employee base. The new capital comes shortly after Linear Labs’ $68.9

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AI vision system company Recogni raises $48.9M Series B

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Since July 2019, when Recogni raised $25 million in Series A funding, the company has completed successful proof-of-concept demonstrations with customers that validate Recogni’s approach. Recogni Inc., the developers of an AI vision cognition system for autonomous vehicles, raised $48.9 million in a Series B financing round, led by WRVI Capital, a prominent global technology investor.

Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

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Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles.

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Solid-state battery company Quantumscape to list on NYSE; $3.3B valuation

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a special purpose acquisition company (SPAC), announced a definitive agreement for a business combination that would result in QuantumScape becoming a publicly listed company.

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U.S. Xpress invests in autonomous trucking technology company TuSimple

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Trucking company U.S. has invested in TuSimple , a self-driving technology company bringing to market an autonomous solution for long-haul freight transportation ( earlier post ). Last year, the company introduced its tech-enabled fleet, Variant, and in coming months, will be rolling out a new brokerage offering. Xpress remains focused on transforming from a traditional trucking company to a digital transportation solutions provider. Xpress Enterprises, Inc.

Orocobre and Galaxy to merge, creating 5th largest global lithium chemicals company

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The resulting company will have a A$4-billion (US$3.1-billion) market capitalization, making it the fifth-largest by capitalization. Company management anticipates robust demand for lithium in the mid-long term.

Battle Motors acquires Crane Carrier Company; Class 7 and 8 vocational truck electrification

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EV technology developer Battle Motors has acquired commercial vehicle OEM Crane Carrier Company. Crane Carrier Company (CCC) has been manufacturing commercial vehicles for 75 years and is based in New Philadelphia, Ohio with 180 sales and service dealers throughout North America.

Electric powertrain company IRP Systems raises $17M in Series B

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The company’s global customer base includes top automotive and micro-mobility manufacturers. IRP Systems was originally founded as an aerospace powertrain company by Paul and Moran Price. The company developed and perfected systems designed to meet the stringent standards of the aerospace industry. The company made the strategic decision to redirect its versatile products and software to address the rapidly growing demand in the automotive sector.

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