Hi Tech & Innovation

Toyota investing $400 million in flying car company

Japanese car giant Toyota said Thursday it is investing nearly $400 million in a company working on commercialising electric flying cars for "fast, quiet and affordable air transportation services".

Energy & Green Tech

Why don't we have electric aircraft?

Electric cars, trains, trams and boats already exist. That logically leads to the question: why are we not seeing large electric aircraft? And will we see them any time soon?

Automotive

Q&A: The future of automated flight may be closer than you think

In Robert Rose's vision for the future, we are currently on the cusp of a dramatic transformation of human mobility. A veteran of Tesla and Space-X, Rose's new company, Reliable Robotics, is now working to fully automate ...

Business

US Textron to acquire Slovenian electric aircraft pioneer

U.S. industrial conglomerate Textron Inc. has signed a deal to acquire Pipistrel, the Slovenian ultralight aircraft maker and pioneer in electrically powered aviation, both companies announced Thursday.

Energy & Green Tech

France's EDF in talks with GE to buy nuclear turbine ops

French electricity giant EDF is in talks with General Electric to buy its steam turbine business for nuclear plants, the companies confirmed Wednesday, the latest move by the American conglomerate to streamline its operations ...

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