Environment

Stockholm-based Candela, the world leader in hydrofoil electric boats that fly above the surface of the water to consume significantly less energy, has just unveiled its newest electric watercraft: The Candela P-8 Voyager. Designed to replace traditional water taxies and commercial passenger watercraft that have conventionally relied on combustion engines for power, the P-8 Voyager

According to a report out of China, EV automaker NIO is hiring a number of positions related to manufacturing vehicles in the US. The recruitment descriptions suggest the Chinese automaker intends to begin planning and erecting EV production facilities on US soil that may begin with either complete knock down (CKD) or semi-knock down (SKD)

WASHINGTON — In May, the collapse of one of the most popular U.S. dollar-pegged stablecoin projects cost investors tens of billions of dollars as they pulled out in a panic that some have compared to a bank run. But before that, the stablecoin known as terraUSD (or UST, for short) and its sister token luna,