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Red Light For Robotaxis: Waymo Expansion Hit Brakes Due To Safety Concerns
Thursday, February 22, 2024 - 7:33am | 580Recently, a California regulator has decided to suspend Waymo‘s (NASDAQ:GOOGL) expansion plans for its robotaxi services. The decision is a result of the increasing safety concerns surrounding autonomous vehicles. What Happened: The California Public Utilities Commission (CPUC) has postponed...
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California Approves $437M Funding To Build Electric Vehicle Charging Infrastructure
Friday, August 28, 2020 - 1:13am | 315The California Public Utilities Commission (CPUC) on Thursday announced a $437 million budget towards achieving its 2030 goal of five million zero-emission vehicles (ZEV) on road. What Happened: The funding will go to Southern California Edison (SCE), a subsidiary of Edison International (NYSE...
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PG&E To File For Bankruptcy, Look For New CEO
Monday, January 14, 2019 - 10:00am | 503PG&E Corporation (NYSE: PCG) was set to open down nearly 50 percent after announcing a leadership change and bankruptcy proceedings. What Happened Late Sunday, the board of directors announced the resignation of CEO Geisha Williams and rise of interim CEO John Simon, who served as executive...
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Energy's Holy Grail: Long-Term Storage Batteries
Thursday, May 22, 2014 - 9:41am | 547One of the largest challenges facing the alternative energy industry has been coming up with a cost-efficient, long-term storage of electricity generated by wind and solar power. However, that obstacle hasn't diminished growing international interest in alternative energy. Since 2009, the...