The Innovation Report
Electric Luxury-car Maker Lucid Produced More Vehicles in 2022 Than Expected
Electric luxury vehicle maker Lucid Group said it produced just over 7,100 vehicles in 2022, slightly more than expected. The company told investors in August to expect production of between 6,000 and 7,000 vehicles for the full year. Lucid said in a...
Educating and Traveling in the Digital Metaverse
As the metaverse becomes increasingly popular, individuals, businesses and nations are beginning to explore the potential of this new digital realm. The influx of interest and resources in the metaverse raises important questions about whether society is...
USPS to Buy 66,000 Electric Delivery Vehicles
The US Postal Service said Tuesday that it plans to buy at least 66,000 electric delivery vehicles as part of a wider acquisition program between now and 2028 to reduce carbon emissions. The mail service will spend a projected $9.6 billion -- with a third of...
What Offshore Wind Power Could Mean For California
The Pacific Ocean contains a potential windfall of clean, renewable energy. Last month, the federal government took a major step to harness that power. The Bureau of Ocean Energy Management auctioned off five lease areas covering more than 373,000 acres in...
German Home Solar Power Firm Sees Bright Future as Demand Soars
Soaring demand for home solar power systems in Germany could boost revenues at Solarwatt by more than 50% this year to 500 million euros ($538 million) and lift them to 1 billion euros in 2025, its chief executive told Reuters. "Growth is strong and healthy," Detlef...
Walmart Launches Drone Delivery in Utah
Nearly a decade ago, commercial drone delivery was considered ambitious. Now, some Utahns can order from a list of 10,000 items like a bag of chips or toothpaste. "From the time the customer orders the product on the website to the delivery to their house is 30...
SpaceX Launches 40 OneWeb Broadband Satellites
SpaceX launched a second batch of OneWeb internet satellites late Monday, helping the London-based company fill out its orbital constellation after Russia blocked planned Soyuz launches last year in the wake of western sanctions. Liftoff from the Cape Canaveral Space...
Leased and Used EVs Qualify for Federal Tax Credits
The U.S. Department of Treasury’s gift to electric-vehicle shoppers (and global automakers) for the new year was to make many more EVs and plug-in hybrids eligible for the federal tax subsidy of up to $7,500 — including vehicles built outside North America — as long...
PennDOT Receives $171.5 M to Expand EV Infrastructure
This is part of the bipartisan infrastructure law, which will distribute those funds to PennDOT in the next five years. The money will be used for charging stations as well as workforce training, planning, and program management. More from CBS News
US Official Warns of Risks Posed by Heavy EVs
The head of the National Transportation Safety Board expressed concern Wednesday about the safety risks that heavy electric vehicles pose if they collide with lighter vehicles. The official, Jennifer Homendy, raised the issue in a speech in Washington to the...
