IRVINE, Ca. - Rivian just added almost $3 billion to its market capitalization in a day, and all it took was a fairly bare-bones deal with Mercedes-Benz. The upstart and Mercedes-Benz will join forces to build big electric vans in Europe “in a few years,” the two revealed Thursday, sending Rivian shares soaring 11 percent, their biggest jump in four
ALBUQUERQUE, New Mexico - Sandia National Laboratories researchers have developed a fundamentally new type of rotary electrical contact. The technology is called Twistact, and it will eliminate the need for expensive rare-earth magnets in large wind turbines. Sandia’s Twistact is a novel approach to transmitting electrical current between a stationary and rotating frame, or between
COLLEGE PARK, Md - In a paper published earlier this month in the journal Matter, one group of engineers at the University of Maryland crafted an impressive chitin-zinc battery made from crab shells that’s biodegradable, but still holds considerable electrical juice. As the world moves toward a more sustainable future, the hope is that a rechargeable, crab-derived
DETROIT - Meet Hydra, an e-bike with a difference. Unlike traditional electric motorcycles that rely on a powertrain that pulls energy from a lithium-ion battery, Hydra offers an alternate, much more experimental solution – hydrogen fuel cells. Although still in its infancy, hydrogen fuel cells promise absolutely clean energy. Unlike gasoline-powered engines, the fuel cells
DETROIT - In this day and age, we are more exposed than ever to cyber threats, including phishing, identity theft, shadow profiles, and hackers to name a few. Most of this is due to the fact that there are thousands of “data brokers” in America that collect, analyze, and sell your data for a profit.
DETROIT - Toast of the Town is TechTown’s annual fundraiser on Oct. 6 will be celebrating Detroit’s hardworking entrepreneurs and the role we play in creating a truly equitable economy. This year, we will livestream the Salute Awards from 4 – 5 p.m. to a virtual audience, and then celebrate Detroit’s emerging startups and coolest small businesses with
LONDON, UK - Renewable energy is set for an unprecedented boom in the United States in the wake of its first ever climate bill, with the capacity of solar and wind projects expected to double by the end of the decade and providing the bulk of total American electricity supply, new analysis has shown. The
KALAMAZOO — Avelo Airlines announced it is expanding service from Kalamazoo / Battle Creek International Airport with the addition of a second nonstop flight to Fort Myers offering one-way fares between AZO and Fort Myers’ Southwest Florida International Airport starting at $79. More info at AveloAir.com. Avelo will operate Boeing Next-Generation 737s on both routes.
GRAND RAPIDS – Strong hiring trends, lower commodity prices and high demand for automobiles continue to buoy the Michigan economy even as other indicators signal an economic slowdown. That’s the conclusion of the August purchasing managers survey for the Institute for Supply Management released Sept. 6 by Grand Valley State University’s Seidman College of Business.
LANSING - At a time when there isn’t much unanimity on any issue comes a national poll revealing there is agreement that the U.S. Democracy is in danger. In virtually every subsection of the electorate the vast majority are saying yes. The data is from the latest Quinnipiac survey showing that 67 percent of registered
