E-vehicle startup Rivian has raised $1.3 billion in investment
Electric vehicle company Rivian has announced that it has raised $1.3 billion within the first round of investment alone, receiving funding from the likes of Amazon and Ford. The company has also announced its plan to build an electric pick up truck that will be available for purchase by 2020.
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ReutersRelated Articles
This startup has raised $19.1 million for its environment-friendly coolers
Vericool, a California based startup, has managed to raise a whopping $19.1 million in funding for its new coolers that are made entirely of plant-based materials. The company hopes to replace plastic coolers with a much greener alternative and has a great track record when it comes to innovation and social justice.
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TechCrunch
Los Angeles to become first US city to use green Hydrogen to generate electricity
Los Angeles plans to become the first US city to use renewable hydrogen to generate electricity, eventually phasing out coal and oil completely. They intend to be 100% renewable before the year 2045 but may even reach this goal in the next ten years. The first hydrogen plant will be operational in 2025.
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Bloomberg
Bill Gates now owns the worlds first ever hydrogen-powered superyacht
Ex-Microsoft CEO and world's second-richest man Bill Gates has recently bought the world's first-ever hydrogen-powered superyacht. The boat is a whopping 112 meters and cost him 500 million pounds. The purchase is a symbol of Gates' belief in Hydrogen as a viable alternative clean energy source. Bill Gates was also behind the construction and development of the yacht.
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TheTelegraph
Australia responding to climate change as more people preferring electric vehicles
Australia is following Europe in the transition away from petrol or diesel-powered vehicles. Electric and hybrid car sales have gone up by 50% this month as sales of fuel-powered vehicles go down. This could be the result of all the climate issues that the country is currently facing. Tesla is currently shipping 665 cars to Australia.
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TheDriven