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Amazon’s first round of climate pledge funding will tackle battery waste and EVs

The Verge

In its first round of funding from its $2 billion Climate Pledge Fund, Amazon is investing in the battery and e-waste recycling company led by former Tesla executive JB Straubel, along with four other companies. It’s not clear how much money each company will receive. . | Photo by Marcos del Mazo/LightRocket via Getty Images.

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Apple ditching chargers saves costs but not the planet

The Verge

The move saves the company money, but some of the environmental benefits could be offset by people buying earbuds and chargers separately. This week’s announcement is the latest move Apple has made to become a more environmentally friendly company, and it follows a big pledge it made in July to curb greenhouse gas emissions.

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The maker of the failed iBackPack agrees to never use crowdfunding again

The Verge

The FTC sued Monahan over claims that he misused the nearly $800,000 he raised on Kickstarter and Indiegogo to bring the backpacks to life and instead spent the money on personal expenses and bitcoin. Monahan shipped a few beta units, but the vast majority of backers never got anything for the money they pledged.

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Faraday Future just became a publicly traded company

The Verge

So are companies that supply some of the new technologies that make EVs possible, like lithium-ion battery manufacturers, as well as others in related industries, like autonomous vehicle startups and makers of lidar sensors. Evergrande pledged $2 billion in total — with $800 million up front and the rest to come in installments.

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Oklahoma governor pushes for $700 million rebate package to lure a company he can’t name

The Verge

A non-disclosure agreement barred Governor Stitt from revealing the name of the company and the amount of money pledged to the package — but there’s good reason to believe that this company may be Panasonic. pic.twitter.com/DNJrCeJizc — Governor Kevin Stitt (@GovStitt) April 18, 2022.

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The Station: Intel eyes an IPO for Mobileye and how Elon influenced Autopilot

TechCrunch

The deal gives Flink a post-money valuation of $2.85 IIFL, Siddhant Partners, Tejal Merchantile, Hero Enterprise also invested money. That investment is part of a wider pledge to invest $3.4 Ola , the Indian ride-hailing giant, raised $139 million at a valuation of about $7.3 Toyota will invest $1.29 through 2030. Gig economy.

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How to make your smartphone last longer

Engadget

Lithium-ion batteries dont perform well in heat and you should avoid charging them if its hotter than 95 degrees doing so can degrade the battery quickly and even cause them to malfunction. More advancements in battery life spans may be on the horizon particularly as the EV industry grows, which also relies on lithium-ion cells.

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