The Verge - Transportation Posts |
- Department of Energy boosts domestic battery supply chain with billions in funding
- Spirit will continue to pursue a merger with Frontier instead of JetBlue
- Ventje campers are built for the new hybrid workforce
| Department of Energy boosts domestic battery supply chain with billions in funding Posted: 02 May 2022 01:41 PM PDT  The Department of Energy (DOE) opened up billions of dollars in funding today to build up domestic supply chains for batteries. Batteries will be crucial in the Biden administration's plans to transition the nation to electric vehicles and clean energy. The DOE says in its announcement that it will give $3.1 billion to companies to boost "the creation of new, retrofitted, and expanded commercial facilities" to process materials, make batteries, and recycle them at the end of their lives. Another $60 million in grants from the DOE will fund efforts to find second uses for old EV batteries. The money comes from the Bipartisan Infrastructure Law that passed last year. The bigger picture: the Biden administration has set pretty big goals... |
| Spirit will continue to pursue a merger with Frontier instead of JetBlue Posted: 02 May 2022 09:15 AM PDT  Spirit Airline's board of directors has rejected JetBlue's bid to acquire the airline and will proceed with its existing merger agreement with Frontier, one of its ultra-low-cost competitors, Spirit announced in a press release. A deal with JetBlue has "a low probability of receiving antitrust clearance" and poses "an unacceptable level of closing risk" to its shareholders, Spirit notes. After Frontier first announced its plans to buy Spirit in a cash and stock deal valued at $2.9 billion in February, JetBlue followed up with an all-cash offer of $3.6 billion last month. The airline even offered to throw in a $200 million breakup payout in case antitrust issues prevented the deal from going through. Despite all this, Spirit still... |
| Ventje campers are built for the new hybrid workforce Posted: 02 May 2022 04:40 AM PDT  Ventje is a car made for the work-from-anywhere types benefiting from the new hybrid and fully remote workforce enabled by the COVID-19 pandemic. I've seen one in person, and the build quality is impressive. It's a German engineered Swiss army knife of Dutch design — on wheels. Ventje starts with a new or used VW Transporter van and uses CNC precision to convert the interior into a multipurpose space to work, lounge, cook, eat, sleep, and play. And when the weather's good, the interior can be transformed into outdoor seating. Lift the tailgate, and the surprisingly large and functional indoor kitchen becomes equally useable from the outside with drawers that open both inwards and outwards — no conversion required. The kitchen features... |
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