SONOMA, Calif.— Selling vehicles is just the first step in Ford's plans to make money off its first electric delivery van that the automaker is rolling out this month. Between plans to sell 150,000 electric Transit commercial vehicles annually from 2023 onward (after building fewer to sell the first year) and creating "charging depots" to help customers manage
ANN ARBOR - On MITech TV Jan. 31 at 2 pm, Simon Whitelocke president of ITC Michigan kicks off the monthly ITC Energy Report by exploring the question is Michigan Ready for Renewable Energy? Bob Lyscas Chief Operating Officer at the Michigan Manufacturing Technology Center announces Connex Michigan, a new program designed to strengthen the
ANN ARBOR - CitySide Ventures has launched its $10 million Great Lakes Angels Fund by investing an undisclosed amount of money in three start-up companies. David Weaver, CitySide Chief Investment Officer, said more early-stage capital is available to keep new companies in Michigan and grow the Michigan ecosystem. He said the fund would like to
MOUNTAIN VIEWS, Ca. - Meta may be the loudest company building AR and VR hardware. Microsoft has HoloLens. Apple is working on something, too. But don’t count out Google. The search giant has recently begun ramping up work on an AR headset, internally codenamed Project Iris, that it hopes to ship in 2024, according to
DETROIT - Weed, marijuana, cannabis, the “devil’s lettuce,” reefer madness, are all relatively well known terms in today's society. With modern times bringing modern solutions to age-old “problems,” the public opinion of marijuana is shifting. This is a good thing, with decriminalization of a substance that is arguably more safe than drinking alcohol, to full
SEATTLE - A Washington-state based aerospace company has exited stealth mode by announcing plans to develop one of the holy grails of spaceflight—a single-stage-to-orbit space plane. Radian Aerospace said it is deep into the design of an airplane-like vehicle that could take off from a runway, ignite its rocket engines, spend time in orbit, and
ANN ARBOR - New vehicle prices in the past 12 months have soared 10 percent and used vehicle prices a whopping 37 percent, according to a new report from Anderson Economic Report. AEG's Christina Benton joins MITechNews.Com Editor Mike Brennan to provide details. More information at AEG You can read the report at MITechNews.Com https://youtu.be/wfBWJZ_Ey9Y
DETROIT - In the summer of 2019, Alauda Aeronautics and Airspeeder Founder, Matt Pearson outlined a vision to create the most exciting next generation motor sport on the planet. In doing so, accelerating the arrival of the flying car mobility revolution we have been promised for generations. Since then, a dedicated team of engineers, technical
GRAND RAPIDS - Nearly $237 million in federal funding coming to the state is planned to support small businesses in Michigan through lending initiatives and equity investments in venture capital funds. The Michigan Economic Development Corp. aims to deploy the federal funding across five programs, including investing $75 million in one or more venture capital funds
DETROIT - Tesla has spent several years hyping its next-generation batteries and it appears that its partner, Panasonic, is getting ready to put them into production, which could mean as much as a 15 percent increase in range for Models S, X, 3 and Y. Tesla’s new 4680 battery cell could extend the range of
