Wrightspeed is currently working with Mack Trucks to supply the OEM with electric powertrains for its LM chassis. Wrightspeed Out of all of Elon Musk’s recent “Master Plan Part Deux,” the part that really caught our eye was a short paragraph about a Tesla semi. Much of the rest—solar, autonomous driving, ride-sharing—wasn’t exactly unforeseen. But the idea of a heavy duty Tesla electric vehicle took us by surprise and left us scratching our heads. Tesla isn’t the only company going after this market; Wrightspeed, Proterra, and BYD are already building heavy duty urban electric vehicles, and Mercedes-Benz is about to enter the fray. The Nikola Motor Company (no connection to Tesla Motors) already has 7,000 orders for a zero-emission heavy duty freight hauler that won’t be revealed until December. To find out if our confusion over the Tesla Semi is unwarranted, we spoke to some of the big players in the heavy duty EV market. Even though heavy duty vehicles only account for about eight percent of US carbon emissions (light duty vehicles make up roughly 20 percent), Wrightspeed CEO Ian Wright says electrifying that sector makes more economic sense. In fact, Wright doesn’t think the economics work in favor of electric passenger vehicles. “A Nissan Leaf is twice the price of a Versa and you only save $800 a year,” he told Ars, “that’s a 20-year payback time.” Wright goes on: Read 6 remaining paragraphs | Comments
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Is Elon Musk serious about the Tesla Semi?
An anonymous reader quotes a report from Reuters: Hong Kong-based digital currency exchange Bitfinex said late on Tuesday it has suspended trading on its exchange after it discovered a security breach, according to a company statement on its website. The company said it has also suspended deposits and withdrawals of digital currencies from the exchange. “We are investigating the breach to determine what happened, but we know that some of our users have had their bitcoins stolen, ” the company said. “We are undertaking a review to determine which users have been affected by the breach. While we conduct this initial investigation and secure our environment, bitfinex.com will be taken down and the maintenance page will be left up.” The company said it has reported the theft to law enforcement. It said it has not yet determined the value of digital currencies stolen from customer accounts. CoinDesk reports that the company confirmed roughly 120, 000 BTC (more than $60 million) has been stolen via social media. “In response, bitcoin prices fell to $560.16 by 19:30 UTC, $530 by 23:30 and $480 at press time, CoinDesk USD Bitcoin Price Index (BPI) data reveals, ” reports CoinDesk. “This price was roughly 20% lower than the day’s opening of $607.37 and 27% below the high of $658.28 reached on Saturday, July 30th, when the digital currency began pushing lower.” Read more of this story at Slashdot.