South Korean transportation giant Hyundai has announced the creation of an advanced air mobility (AAM) company, Supernal LLC. The company will pursue the development of next-generation passenger electric vertical takeoff and landing (eVTOL) vehicles, and aims to conduct its first commercial flight in 2028. Hyundai described the US-based Supernal as a spinoff company that will take the
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The Metropolitan Police has confirmed it has received a letter from the SNP asking it to investigate cash for honours allegations against the Conservatives. A spokesman for the force said it is currently “considering the contents of the correspondence” but an investigation or formal assessment into the allegations has not started. SNP MP Pete Wishart
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. Sponsored by Holley Performance: Check out the Holley High Voltage Experience, an all EV event taking place at Sonoma Raceway this November 13th and 14th. New episodes of Quick Charge
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Investors may see a satisfying ending to 2021. According to Canaccord Genuity’s Tony Dwyer, extreme optimism and strong historical trends should offset overbought conditions in the market. The result: A record finish. “The internals of the market are still pretty sound,” the firm’s chief market strategist told CNBC’s “Trading Nation” on Monday. The Dow, S&P
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Bitcoin and ether hit new all-time highs on Monday evening. Bitcoin’s price at one point rose above $67,700 – eclipsing a previous record set in late October – while ether, the native token of ethereum’s blockchain, surpassed $4,800 for the first time ever. These record-breaking moves come amid a wider rally in the crypto market.
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