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The Innovation Report

Canada Cancels Its 1st Moon Rover: ‘It’s Hopefully Not A Lost Cause’

Canada will cancel its first rover mission to the moon's south pole as the Canadian government shifts its spending to other projects. The water-seeking moon rover project, first...

Tennessee Automakers Pivot From EVs To Power Data Centers

Tennessee’s once‑booming electric vehicle battery industry is pivoting away from cars and toward data centers’ rapidly rising demand for power. After consumer EV tax...

Michigan Wants ‘Slice’ Of Air Mobility Industry, State Official Says

Justine Johnson has spent a lot of her career focusing on transportation and the future of mobility. That has meant working in New York on expanding taxi access beyond the...

AI Robots Could Cost $13,000 By 2035: Here’s What That Means For CFOs

Deloitte’s new CFO Guide to Tech Trends 2026 explores how finance leaders can think strategically about emerging technologies and embrace what’s possible, which in turn elevates...

Electric Vehicles

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World’s First Commercial Electric Air Taxi Flight

The Chinese manufacturer EHang made commercial demonstration flights in two cities, marking the first passenger-carrying eVTOL trips. The hype around electric vertical takeoff and landing (eVTOL) air taxis is growing, even in non-aviation circles. Chinese manufacturer...

EV Models Eligible For $7,500 Tax Credit Cut To 13

The number of electric vehicle models eligible for a consumer tax credit of as much as $7,500 fell sharply as new rules from the Biden administration kicked in on Jan. 1. Narrower criteria reduced the number of qualifying models to 13 from about two dozen, according...

Tesla Sold 1.8 Million Electric Vehicles In 2023

Tesla found new homes for 1.8 million electric vehicles last year, it revealed on Tuesday afternoon. That will no doubt please CEO Elon Musk—it means the company has met its sales volume goal given to investors when it released its 2022 financial results at the end of...