SoftBank-backed Ola Electric wants to launch India-built EV in 2024

Ola CEO Bhavish Aggarwal appears on screen during a presentation in August 15, 2021. The company’s EV arm, Ola Electric, plans to launch an electric car in 2024. Samyukta Lakshmi | Bloomberg | Getty Images The CEO of Ola Electric said Monday his company would launch an all-electric vehicle that can go from 0 to … Read more

Why an exclusive high-net-worth network is doubling down on stocks

Michael Sonnenfeldt, Tiger 21 Scott Mlyn | CNBC The members of TIGER 21 – a peer network of ultra-high-net-worth entrepreneurs and investors – are putting most of their money to work in the stock market for the first time. TIGER 21 consists of 1,200 members with a cumulative $140 billion in assets, and individuals must … Read more

CEO who developed Tesla of electric scooters shares innovation tips

Horace Luke isn’t a fan of the word “no.” “If you ask the first time [whether] I can do something and it’s a ‘no,’ I’ll find another guy to ask. If the second guy says no, then I’m going to do it,” the entrepreneur said. “I’m just going to do it myself because I really … Read more

Japanese shipping giant to take part in tidal power project

Buildings in Singapore at dusk. Asia is already home to a number of tidal power projects. Guvendemir | E+ | Getty Images Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power project planned for Singapore, as the emerging marine energy sector gains traction. The demonstration project, run by Singapore-owned Bluenergy … Read more

Climate groups react to Senate passing the Inflation Reduction Act

Mint Images | Mint Images Rf | Getty Images The Senate passed the most ambitious climate spending package in US history on Sunday, prompting optimism among environmental advocates after months of gridlock around President Joe Biden’s emissions-reducing agenda. Called the Inflation Reduction Act, the legislation earmarks $369 billion for US energy security and fighting climate … Read more

Hyundai to export heavy-duty hydrogen electric trucks to Germany

An XCIENT Fuel Cell truck photographed in South Korea on Nov. 10, 2021. A number of firms in the trucking sector are exploring ways to develop vehicles that use hydrogen. SeongJoon Cho | Bloomberg | Getty Images Hyundai Motor Company is to export 27 of its XCIENT Fuel Cell trucks to Germany, with the heavy-duty … Read more

Climate change isn’t a ‘left-wing plot,’ charity founder says

People photographed in Lower Saxony, Germany, on July 19, 2022. A number of European countries were affected by a heatwave last month. Julian Stratenschulte | Picture Alliance | Getty Images It’s been called a “global emergency that goes beyond national borders” and described as “the biggest threat to security that modern humans have ever faced.” … Read more

All top stocks this year are oil and gas, except solar company Enphase

The top eight S&P 500 stocks this year are all energy names. But one is unlike the others: Enphase Energy. The solar-focused company stands out among the other seven gainers, all of which are oil and gas stocks. Occidental is the benchmark’s top performer this year, with shares surging 116%. Coterra Energy and Exxon are … Read more

Solar stocks jump as Schumer, Manchin announce climate spending deal

Contractors install SunRun solar panels on the roof of a home in San Jose, California, on Monday, Feb. 7, 2022. David Paul Morris | Bloomberg | Getty Images Solar stocks jumped on Thursday after Senate Majority Leader Chuck Schumer, DN.Y., and Sen. Joe Manchin, DW.V., said they’ve reached a deal on what would be the … Read more

Enphase (ENPH) earnings Q2 2022: Huge growth in Europe

Workers install solar panels on the roofs of homes under construction south of Corona, California. The California Energy Commission in May 2018 adopted new energy building standards requiring solar panels for virtually all new homes built in the state starting in 2020. MediaNews Group/Inland Valley Daily Bulletin via Getty Images | Digital First Media | … Read more