energy

Zebra Tech to Buy Rugged Tablet Maker Xplore for USD 90 Million Cash

Zebra Tech to Buy Rugged Tablet Maker Xplore for USD 90 Million Cash

Zebra Technologies (NASDAQ: ZBRA), known for its barcode and printing technology, is advancing its devices with its USD 90 Million acquisition of Xplore Technologies, a rugged tablet and hardware manufacturer.Zebra said it will be paying USD 6 per s..

Tesla to Build a Plant in China

Tesla to Build a Plant in China

Tesla Inc. (NASDAQ: TSLA) shares rose on Tuesday after Bloomberg reported that the electric car maker reached a preliminary agreement with the Shanghai government to build an assembly plant.According to Bloomberg, the plant is expected to have the c..

Tesla Finally Reaches Production Target

Tesla Finally Reaches Production Target

Tesla Inc (NASDAQ: TSLA) announced Monday that it has finally reached its desired production milestone, in the last seven days of Q2, Tesla produced 5,031 Model 3 and 1,913 Model S and X vehicles. Tesla also raised its production target for the Mode..

UPS invests $130 million into natural gas vehicles and fueling stations

UPS invests $130 million into natural gas vehicles and fueling stations

United Parcel Service, Inc. (NYSE: UPS), one of the largest U.S. shipping companies, announced today in a press release that they have plans to build an additional five compressed natural gas fueling stations and more than 700 new compressed natural..

Honda to Source advanced Electric Car Batteries from GM in North America

Honda to Source advanced Electric Car Batteries from GM in North America

General Motors Company (NYSE: GM), in a press release, has announced an agreement with Honda for new advanced chemistry battery components, including the cell and module, to facilitate both companies’ plans for all-electric vehicles. They clai..

Tesla aims to Reduce Cobalt Dependency in Batteries

Tesla aims to Reduce Cobalt Dependency in Batteries

The most extensive problem facing electric cars is the availability of cobalt, which is used in lithium-ion batteries to build stability and increase safety. However, Panasonic, Tesla Inc. (NASDAQ: TSLA) battery supplier and partner in the Nevada Gi..

BP Invests $20 Million for 5-minute Fast Charging Batteries for Electric Cars

BP Invests $20 Million for 5-minute Fast Charging Batteries for Electric Cars

British Petroleum Company (NYSE: BP) has invested $20 million in an Israeli start-up company by the name of StoreDot that claims its batteries can charge electric cars in just five minutes.Additionally said on Tuesday, BP suggested its venture capit..