View Photos of Gordon Murray Special Vehicles Supercars
Gordon Murray Special Vehicles is a new spin-off of Gordon Murray Automotive, which builds the engaging, V-12-powered, manual-transmission T.50 supercar, and the new division, focused on even more bespoke supercars, unveiled its first two projects at The Quail during 2025 Monterey Car Week.
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Yahoo
43 minutes ago
- Yahoo
Green Hydrogen Production Group Closes on Major Investment
A California-based hydrogen production group said it has completed a funding round in support of the company's first 100-kilotonne carbon dioxide removal (CDR) commercial facility. Equatic, which is considered a pioneering company in combined carbon dioxide removal and green hydrogen production, on August 11 announced the successful closure of its Series A round, with Catalytic Capital for Climate and Health (C3H) leading an $11.6-million investment. C3H is a catalytic vehicle by Temasek Trust, along with Kibo Invest, a Singapore-based private investment office with a focus on climate technology. The funding round, with participation from a consortium of global investors, will accelerate the engineering scale-up and commercialization of Equatic's patented seawater electrolysis technology. This substantial capital infusion will support the ongoing engineering of Equatic's CDR commercial facility, alongside further commercialization, manufacturing, and technological development. Equatic's proprietary technology is designed to capture atmospheric carbon dioxide and produce green hydrogen in a single, scalable process, advancing two critical net-zero pathways. 'This investment marks a pivotal moment for Equatic, enabling us to significantly scale our production capabilities and accelerate our mission to deliver durable carbon removal at scale,' said Gaurav N. Sant, founder and chief technology officer for Equatic. 'The Temasek Trust ecosystem has been a foundational partner to Equatic, from early-stage philanthropic backing from Temasek Foundation to catalytic investment through C3H. We welcome Kibo Invest as co-lead and recognize their commitment to invest in companies that are revolutionizing industries and addressing urgent climate challenges.' 'Truly innovative carbon management technologies are needed to mitigate climate change before the consequences become irreversible,' said Lord John Browne, chairman of Equatic's advisory board. Browne also is founder and chairman at BeyondNetZero, and the former CEO of British Petroleum. 'By removing carbon dioxide and simultaneously generating green hydrogen, Equatic's solution provides unique advantages in terms of cost and scalability.' Ryan Tan, head of C3H, said, 'Equatic's technology and approach exemplify the type of bold and scalable innovation that aligns with C3H's mandate. We are delighted to support Equatic's goal in advancing promising climate mitigation solutions that offer permanent, durable carbon removal with green hydrogen production for scalable, tangible impact and commercial benefit.' 'Equatic represents an exciting opportunity to scale deep-tech innovation that addresses two critical needs: decarbonisation and clean energy. As an investor focused on climate solutions, we are proud to partner with C3H and Equatic to help bring this breakthrough technology to commercial scale,' said James Marshall, CEO of Kibo Invest. Equatic's Technology Since commencing operations in 2023, the Equatic technology has been successfully deployed at two pilot plants in Los Angeles and Singapore. The company is now expanding its operations with a demonstration plant in Singapore, known as Equatic-1, and a commercial-scale plant in Canada. In May 2024, Equatic was recognized as a CDR Purchase Prize semifinalist by the U.S. Department of Energy, acknowledging its high-quality, permanent carbon credits and rigorous Monitoring, Reporting, and Verification (MRV) practices. In September 2024, Equatic announced a significant climate breakthrough with the U.S. manufacture of oxygen-selective anodes, which unlock scalable hydrogen production through direct seawater electrolysis. That same month, Equatic was named a finalist for The Earthshot Prize, a prestigious international recognition for groundbreaking solutions to repair the planet. Equatic's commitment to high-integrity carbon removal is underscored by its adoption of an ISO-14064 standard for MRV, first published by Equatic in May 2023. Subsequently, this standard was validated by two leading carbon removal registries, Isometric and making Equatic one of the only marine companies capable of issuing high-quality CDR credits under either registry, with full transparency and auditability. Buyers of Equatic's CDR credits include Boeing, a leading global aerospace company and other large industrial companies committed to market-based mechanisms for decarbonization. —POWER edited this content, which was contained in a press release from Equatic. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Digital Trends
an hour ago
- Digital Trends
The week in EV tech: Glitz on the coast, grit from Detroit
Welcome to Digital Trends' weekly recap of the revolutionary technology powering, connecting, and now driving next-gen electric vehicles. Monterey Car Week and its jewel event The Quail: A Motorsports Gathering have become the automotive world's most exclusive runway. Here, the richest of the rich—and the most daring of the designers—unveil concept cars that seem plucked from sci-fi dreams. Yet in the same week, a very different kind of revolution was also announced by Ford: a $30,000 midsize EV pickup, born from a new software‑designed, small‑battery platform meant to power a whole new 'family' of affordable electric vehicles. It's a reminder that while ultra‑luxury is dazzling, democratized EV tech isn't just possible—it's on the horizon. Recommended Videos Sculpted Innovations on the Lawn At The Quail, brands unleashed show‑stoppers resting somewhere between movie props and next‑gen vehicles. · Cadillac's Elevated Velocity concept redefined luxury and utility with flair: gullwing doors; bold 24‑inch wheels; and modes like Terra for off‑road, Elements Defy vibrating debris off the body, and Sand Vision for enhanced visibility in dust storms—all wrapped in cabin amenities like red‑light therapy and a 'waterfall' screen embedded in the steering wheel. · Karma Automotive impressed with its Kaveya super‑coupe and 'GT‑UV' study—complete with a production‑ready interior, carbon‑fiber structure, and a blistering 1,000 hp electric drivetrain. · A wave of ultra‑luxury and performance electrics also made their presence felt: from Rimac's 2,107‑hp Nevera Rhypercar (price: ~$2.5 million), to Acura's RSX prototype, powered by an in‑house EV architecture and showcasing Honda's e:Architecture, soon to reach production. Not to mention Mercedes‑AMG's futuristic Concept GT XX with 1,341 hp from triple axial‑flux motors, a radical performance blueprint. Set against this spectacle of excess, these vehicles illustrate the creative peak of EV tech: performance, luxury, radical design—yet firmly perched out of reach for most of us. Ford's 'Model‑T Moment' Hits Home Now look at the other end of the spectrum: Ford's bold announcement of a $30,000 midsize EV pickup, built on a software‑defined vehicle platform, sparked a collective intake of breath—not for its headline price, but for its implications. This 'universal EV Platform' is designed with a small, affordable LFP (lithium‑iron‑phosphate) battery, fewer parts, and an architecture structured to spawn a family of cost‑efficient models. More than just building a pickup, Ford is signaling the arrival of integrated EV tech where intelligent software, battery management, and production‑scale efficiency converge. Unsurprisingly, Ford CEO explicitly framed the move as a technological and price war with BYD—China's EV champion known for cost‑effective batteries and platform economies. Ford's plan is a direct challenge to the global dominance of affordable EVs emerging from Asia, blending scale, simplicity, and local battery production to undercut and compete. Ford's new generation of EVs will be built as software-defined vehicles, meaning their core systems—everything from performance tuning to infotainment and battery management—will be controlled by centralized software platforms. Much like a smartphone, they'll receive over-the-air (OTA) updates, enabling Ford to introduce new features, improve efficiency, enhance safety, and fix bugs without a trip to the dealership. This concept first became reality in 2012, when Tesla introduced OTA updates in its Model S, setting a new standard for connected vehicle technology. In the years that followed, Chinese EV startups NIO and XPeng adopted similar software-first architectures, launching their own OTA-capable vehicles around 2018. By 2021, American EV makers Lucid and Rivian als o embraced the software-defined model, reinforcing the shift away from the traditional, hardware-centric approach to vehicle design. Today, SDVs are becoming increasingly commonplace across the industry. For drivers, this means owning a more adaptable and future-ready vehicle—one that can evolve over time. Automakers can remotely update vehicle behavior, improve range estimates, refine infotainment interfaces, and even introduce entirely new capabilities after the car has been sold. This also paves the way for personalized experiences and subscription-based features, where owners can unlock upgrades or tailor their vehicle's digital environment on demand. Two Worlds. One Future. What's most compelling is the contrast—and the convergence—of these stories. On one side, Monterey's lawn dazzles with what's next-level bold: solar visions, luxury interiors, hyper‑performance, AI‑driven cabins, and exaggerated power figures. On the other, Ford offers a quieter, yet perhaps revolutionary pivot: EV tech embedded in affordability, not as an afterthought, but as its core. Software-defined platforms mean updates, performance, safety, and user features can be upgraded without hardware overhaul—a glimpse at how mass‑market EVs can evolve fast. This isn't just a tech fantasy. It signals that EV solutions for the mainstream are maturing. Deep integration of cost‑effective battery chemistry, lean parts architecture, and software-centric control are what make an attainable EV reality—not just for well‑heeled collectors, but for everyday families.
Yahoo
4 hours ago
- Yahoo
SoundHound (SOUN) Upgraded to ‘Buy' by Ladenburg After Strong Q2 and Amelia Acquisition
SoundHound AI (NASDAQ:SOUN) is one of the SoundHound AI (NASDAQ:SOUN) is one of the best midcap AI stocks to buy right now. On August 11, 2025, Ladenburg Thalmann upgraded SoundHound from Neutral to Buy and raised its price target from $9 to $16. The upgrade followed strong Q2 results and renewed confidence in the company's long-term trajectory. The analyst cited momentum across multiple segments, including enterprise voice AI, automotive integrations, and restaurant partnerships. They also noted that the recent acquisition of Amelia has expanded SoundHound's capabilities in conversational AI, while the launch of Vision AI adds another layer to its platform differentiation. Copyright: natashamam / 123RF Stock Photo Ladenburg expects SoundHound to generate over $270 million in revenue by 2027 and achieve double-digit adjusted EBITDA margins. While they acknowledge the company's 22x EV/revenue multiple as elevated, they believe the upside potential outweighs valuation concerns. The firm pointed to improving revenue visibility, expanding deal flow, and increased demand for AI-native solutions as strong tailwinds going forward. SoundHound AI is a California-based voice AI company that builds natural language understanding and speech recognition platforms for businesses. Its technology is deployed across industries including automotive, restaurants, and customer service, enabling users to interact with systems through voice and vision interfaces. While we acknowledge the potential of SOUN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and .
