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Andium is watching oil fields for emissions and just got money from the biggest oil companies to do it

Andium, a company focused on remote field monitoring of assets including oil and gas wells has just raised some not-insignificant cash in an investment round led by OGCI Climate Investments, a firm formed by the largest oil companies in the world.
Launched in 2014 to “support” the targets laid out in the Paris Agreement to limit global greenhouse gas emissions, OGCI has invested in 21 projects to date.
With Andium, the oil majors join existing investors including Tom Miglis, the former chief investment officer of Citadel Securities and Talis Capital in backing a company developing technologies for natural gas flare monitoring, tank …

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GM partners with startup SolidEnergy Systems to pack more energy in its batteries

GM’s venture arm invested in battery startup SolidEnergy Systems five years ago. Now, GM is tapping the MIT spinout to help it pack more energy into its batteries, the latest in a string of moves by the automaker aimed at accelerating its shift to electric vehicles.
GM president Mark Reuss, who announced the partnership Thursday at a Washington Post Live conference, said the work with SolidEnergy Systems to improve the energy density of lithium-ion batteries will hopefully drive mass adoption of EVs. As part of the agreement, the two companies plan to build a prototyping facility in Woburn, Massachusetts, …

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Japanese OEMs need to focus on pricing strategy to accelerate BEV adoption, says GlobalData

Following the news that Tesla car demand picked up in Japan after aggressive price cut;
Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading research and consulting company, offers his view:
“The uptick in the domestic demand for mid-range electric sedan Tesla Model 3, the company’s most affordable EV, is a result of significant price cut of 24% announced last month. The development signifies the importance of pricing strategy for EV transition and customers’ affinity towards cheaper products.
“Japan is a strong market for hybrid vehicles with sales soaring nearly a million per year. On the other end, battery …

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EV rivals Tesla, Rivian unite to target direct sales legislation

Tesla, Rivian, Lordstown Motors and Lucid Motors — potential rivals in the burgeoning EV market — are working together to pass laws that would allow direct sales in at least eight states with another batch of proposed legislation likely being introduced this year.
Passage of such legislation would clear the way for EV giants like Tesla, along with newcomers Lucid and Rivian, which have yet to bring a vehicle to market, to sell directly to consumers. However, Tesla’s cooperation could also cost the company its monopoly on direct sales in some states.
Tesla and a growing number of new EV companies …

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Autonomous drone maker Skydio raises $170M led by Andreessen Horowitz

Skydio has raised $170 million in a Series D funding round led by Andreessen Horowitz’s Growth Fund. That pushes it into unicorn territory, with $340 million in total funding and a post-money valuation north of $1 billion. Skydio’s fresh capital comes on the heels of its expansion last year into the enterprise market, and it intends to use the considerable pile of cash to help it expand globally and accelerate product development.
In July of last year, Skydio announced its $100 million Series C financing, and also debuted the X2, its first dedicated enterprise drone. The company also launched a suite of …

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TikTok parent ByteDance joins patent troll protection group LOT Network

LOT Network, the non-profit that helps businesses of all sizes and across industries defend themselves against patent trolls by creating a shared pool of patents to immunize themselves against them, today announced that TikTik parent ByteDance is joining its group.
ByteDance has acquired its fair share of patents in recent years and is itself embroiled in a patent fight with its rival Triller. That’s not what joining the LOT Network is about, though. ByteDance is joining a group of companies here that includes the likes of IBM, the Coca-Cola Company, Cisco, Lyft, Microsoft, Oracle, Target, Tencent, Tesla, VW, Ford, …

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Tesla’s Bitcoin investment could be bad for the company’s climate reputation and its bottom line

Tesla’s $1.5 billion investment in Bitcoin may be good for Elon Musk, but it’s definitely risky for the company that made him the world’s richest man, according to investors, analysts and money managers at some of the country’s largest banks.
As a standard bearer for the consumer electric vehicle industry and the broader climate tech movement rallying around it, Tesla’s bet to go all in on crypto could damage its climate bonafides and its reputation with customers even as other automakers pour in to the EV market.

Given Bitcoin’s current environmental footprint, the deal flies …

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The Station: AutoX meets a robotaxi milestone, Spin adds a third wheel and Lime embraces mopeds

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. 
Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B.
Let’s get right to it.
Oh wait, one item first. Tesla earnings happened and as always a bunch of new promises and products and timelines were laid out, including a Knight Rider-inspired steering yoke in the “plaid” Model X.
Image Credits: Tesla
This …

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Elon Musk says Tesla Semi is ready for production, but limited by battery cell output

Tesla CEO Elon Musk said on the company’s 2020 Q4 earnings call that all engineering work is now complete on the Tesla Semi, the freight-hauling semi truck that the company is building with an all-electric powertrain. The company expects to begin deliveries of Tesla Semi this year, it said in its Q4 earnings release, and Musk said the only thing limiting their ability to produce them now is the availability of battery cells.
“The main reason we have not accelerated new products – like for example Tesla Semi – is that we simply don’t have enough cells for it,” Musk said. “ …

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Tesla is willing to license Autopilot and has already had ‘preliminary discussions’ about it with other automakers

Tesla is open to licensing its software, including its Autopilot highly-automated driving technology and the neural network training it has built to improve its autonomous driving technology. Tesla CEO Elon Musk revealed those considerations on the company’s Q4 earnings call on Wednesday, adding that the company has in fact already “had some preliminary discussions about licensing Autopilot to other OEMs.”
The company began rolling out its beta version of the so-called ‘full self-driving’ or FSD version of Autopilot late last year. The standard Autopilot features available in general release provide advanced driver assistance (ADAS) which provide essentially advanced cruise …

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