The Boring Company announced full-scale hyperloop testing will begin later this year. Elon Musk said, "from a known physics standpoint, this is the fastest possible way of getting from one city center to another for distances less than ~2,000 miles. Starship is faster for longer journeys." More: - Musk wrote the Hyperloop Alpha whitepaper in 2013, where he stated: "The pods and linear motors are relatively minor expenses compared to the tube itself – several hundred million dollars at most, compared with several billion dollars for the tube. Even several billion is a low number when compared with several tens of billion proposed for the track of the California rail project."
- In the whitepaper, he envisioned sealed capsules carrying 28 passengers each, departing every two minutes. The capsules would be supported by air bearings that operate using a compressed air reservoir and aerodynamic lift.
- The Boring Company's Prufrock-3 is designed to mine at the equivalent of seven miles per day.
- Last week, The Boring Company announced a $675M Series C, which valued the company at $5.6B, to fund engineering, operations, and production expansion.
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General Motors announced a feature in its Ultium-based electric vehicles that would let them repurpose waste energy from the battery. Excess heat produced from EV batteries, power electronics, and propulsion components would be recovered, stored, and deployed to heat the cabin more quickly in cold weather. More: - GM claims the recovery capabilities would enable its EVs to get as much as 10% more range.
- The company has 11 patents on energy recovery, originating with the EV1 model and its heat pump in the 1990s.
- GM plans to offer an Ultium-based Corvette, having moved the team to the EV space in Warren, Michigan.
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Li-Cycle announced the selection of Veolia's crystalization technology to process recycled lithium-ion battery materials for electric vehicles. Veolia will work on the final stage of the battery recycling process, optimizing the creation of nickel sulfate and cobalt sulfate from lithium-ion batteries. More: - Veolia's HPD crystallizers produce between 42,000 to 48,000 metric tons per year of nickel sulfate and 5,500 to 7,500 metric tons per year of cobalt sulfate, to be resold to battery manufacturers.
- Li-Cycle has also announced an agreement with LG Chem and LG Energy Solution for the recycling of the companies' used batteries and scrap into nickel, manganese, cobalt, and lithium.
- The battery recycling expects to provide the equivalent of 225,000 electric vehicle batteries per year from the processing at its plant in Rochester, New York.
- Li-Cycle stock was up 2.61% for the day on Monday morning.
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Pony.ai revealed it has received the first permit to operate an autonomous taxi service in China. The company plans to implement a fleet of 100 robo-taxis in Nansha, Guangzhou. More: - The permit would enable Pony.ai to charge for autonomous trips. In order to earn the license, companies have to test the service for 24 months and reach at least 621,000 miles (124,000 miles within Guangzhou) with zero traffic incidents.
- Pony.ai had been testing autonomous rides in Shanghai, Guangzhou, Shenzhen, and Beijing.
- As of mid-April 2022, Pony.ai has completed more than 700,000 trips, with 80% repeat users and 99% user satisfaction.
Zoom Out: - Pony.ai revealed it reached an $8.5B valuation in March, from $5.3B in Nov. 2020.
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British Airways plans to exceed pre-pandemic levels for flights using its Airbus A380 by the end of the year. Currently, the airline plans 495 flights using the aircraft for August, which would constitute a 7% growth from its Aug. 2019 schedule. More: - BA plans to increase the number of flights using the A380 by 16.96% and 18.95% in November and December, compared to 2016 levels.
- The single month with the greatest number of flights using the aircraft by BA was July 2016, with 532 flights.
- The airline has added flights with the A380 to Chicago, Dallas-Fort Worth, and Dubai, where it previously did not use the aircraft.
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eVTOL developer Jaunt Air Mobility signed a ~$100M agreement with engineering services company L&T Technology, which includes the installation of an R&D center in Quebec. L&T will provide the eVTOL company with power distribution systems, cockpit displays, flight control, and battery management, among other components. More: - Dallas-based Jaunt expects to develop an aircraft that can travel a range of approximately 68 miles in 25 minutes or less.
- The Journey aircraft would be single-pilot, carrying four passengers, designed for passenger and cargo transportation in addition to medical or military missions.
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- Hawaiian Airlines to provide Starlink in-flight Internet. The agreement is SpaceX's first with a large airline and comes days after announcing a deal with charter flight company JSX.
- Battery manufacturer CATL delayed its first-quarter results to April 30. The company disclosed a "principle of prudence" for the delay of the report to ensure accuracy and quality, without further explanations.
- Koenigsegg announced a 300+ mph sports car prototype.
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| | Written and curated by Nicolas Saravia, an avid map maker and data nerd. Nicolas has worked in the shared-scooter space, as well as advised e-bike and moped start-ups. | | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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