Lifeboat Foundation

Video footage meant for investors has leaked, showing Aptera Motors co-founders and co-CEOs Steve Fambro and Chris Anthony discussing many topics about the solar EV startup’s future, including a potential IPO.

Usually, when we share progress updates from notable solar EV developer Aptera Motors, they come directly from the horse’s mouth. The born-again startup is known for keeping an open line of communication with its growing fanbase of investors, Accelerator program reservation holders, and EV enthusiasts who want to see a company bring solar-powered vehicles to mass production.

Continue reading “Aptera CEOs discuss IPO plans, solar EV production, 3-wheel variants, and a possible 4-wheel model” »

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. However, due to the pivot, plans for its three-row electric SUV have been put on the back burner.

Although low-cost Chinese passenger EVs, like BYD, are not sold in the US, they are having a big impact on domestic automakers.

Ford’s CEO Jim Farley reiterated his concerns over the low-cost overseas rivals during a Wolfe Research conference last month. Farley explained that if you cannot compete with Chinese automakers, “20% to 30% of your revenue is at risk.”

Tesla has confirmed that it has ramped battery cell production enough to 1,000 Cybertrucks a week at Gigafactory Texas.

The automaker hasn’t been releasing many details about its effort to ramp up its own battery cell production at Gigafactory Texas.

At first, it was 4,680 cells for the Model Y, but with the start of Cybertruck production, Tesla switched production to a new version of the cell for the electric pickup truck.

As part of its energy transition strategy, energy giant Shell plans to shed some of its retail locations, including gasoline stations, to focus more on EV charging sites.

“We are upgrading our retail network, with expanded electric vehicle charging and convenience offers, in response to changing customer needs,” Shell said in its 2024 Energy Transition Strategy report. The company plans to “divest around 500 Shell-owned sites (including joint ventures) a year in 2024 and 2025.” The company’s plans were first reported by Bloomberg News.

The closures will shrink the company’s retail footprint by 2.1%. In 2023, the company operated 47,000 locations.

Oregon State University scientists studying ways to filter greenhouse gases from the air recently discovered that when molecules of the metal vanadium are bound with oxygen molecules as peroxide, they can pull carbon dioxide from the air. The carbon molecules can be siphoned off using a small amount of energy that’s then funneled into other uses, like making limestone for buildings or enhancing the atmospheric carbon in greenhouses, accelerating plant growth.

The process could help improve nascent technologies in capturing carbon dioxide from the air to slow the impacts of global climate change. The discovery was published in the journal of the Royal Society of Chemistry in December.

Carbon dioxide is responsible for about two-thirds of the atmospheric heating causing global climate change, and it is primarily released in the burning of fossil fuels for energy, according to the National Oceanic and Atmospheric Administration.

A new research paper has discovered the usefulness of DRAM cache for GPUs which can help enable higher performance at low power.

Researchers Propose The Use Of Dedicated DRAM Caches Onto Newly-Built SCMs For GPUs, Replacing Conventional HBM Configuration

The GPU industry, which involves consumer, workstation, and AI GPUs, is proceeding in a way that we are seeing advancements in memory capacities and bandwidth, but it isn’t sustainable, and ultimately, we could hit the limits if an innovative approach isn’t taken.

Hydrogen gas is a clean fuel. It burns with oxygen in the air to provide energy with no CO₂. Hydrogen is a key to sustainable energy for the future. Though humans are just now coming to realize the benefits of hydrogen gas (H2 in chemical shorthand), microbes have known that H2 is a good fuel for as long as there has been life on Earth. Hydrogen is ancient energy.

A new material for direct air capture systems turns trapped carbon into baking soda when introduced to seawater.

One shaken Redditor took to r/teslamotors to share their story after their Tesla vehicle saved them from a situation that could easily have turned deadly.

“My Model 3 saved my life today,” they said in the post.

According to the Redditor, they were driving home on the highway in heavy, “basically stopped” traffic. They wanted to change lanes, but the number of cars was making it difficult. “Problem was there were a lot of oncoming cars and almost no breaks in between them,” they said.