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February 2016

Earlier this month The AES Corporation announced partnerships designed to sell its Advancion utility-scale battery system around the globe. But AES did not include income from those partnerships in the 2016 outlook it released today.
AES CEO Andres…

When autonomous vehicles rule the roads, they will eliminate the estimated 90 percent of traffic accidents caused by human error, which could save 30,000 lives per year and, according to an advisor to car insurance companies, wipe out car insurance…

Electric vehicle sales may be driven mostly by policy and preference right now, but they'll soon be powered by dominant economics—including a profitable symbiosis between electrical drive and autonomous control, according to a former researcher for…

Competitor AES Announces Global Expansion
The battery division of Tesla Motors Co. turned a profit in its first quarter shipping Powerwall and Powerpack batteries from the company's Nevada Gigafactory, Tesla CEO Elon Musk said today.
"Even during…