Saturday, August 28, 2021

Geely's EV brand Zeekr raises $500 million in first external funding

Investors would jointly hold 5.6% stake in Zeekr, valuing the Chinese electric car maker at around $9 billion. The company doesn’t currently have a clear plan for its initial public offering.

from Tech-Economic Times https://ift.tt/38jzEm2

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Chevron signs pact with Microsoft for powering its Texas data centre

Chevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using GE...