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Elon Musk’s ambitious vision of a hyperloop, proposing lightning-fast travel between Los Angeles and San Francisco, arose from his discontent with California’s proposed high-speed rail system, as outlined in his 2013 white paper. However, a decade later, the closure of Hyperloop One, one of the most prominent startups pursuing Musk’s concept, coincided closely with the […]
Leading the round, Bluesky Capital Management spearheaded Arkon Energy’s recent $110 million private funding. Notable contributors included Kestrel 0x1 and Nural Capital. Commencing operations in 2021 with a 5-megawatt site in Australia, Arkon has rapidly expanded, boasting over 130 megawatts and venturing into multiple countries, including the U.S. and Europe.
The federal electric vehicle (EV) tax credit is poised for a major shift, set to become more appealing for buyers starting January 1. Instead of claiming the rebate during tax filing, buyers can now instantly access up to $7,500 for new EVs or up to $4,000 for used EVs at the point of purchase. Over […]