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Group14 lands $463M from SK, Porsche, and others to make silicon anodes for EVs

[ad_1] Battery materials startup Group14 announced Wednesday it has closed a $463 million funding round to expand its manufacturing footprint, a sign that investors remain confident in the future of electric vehicles. The startup manufactures silicon anode materials, which significantly boost the storage capacity of lithium-ion batteries. Group14 currently operates …

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Sony is increasing the price of the PlayStation 5 as new tariffs take hold

[ad_1] Sony will raise the price of PlayStation 5 consoles, the company announced on Wednesday. These changes will be effective as of Thursday, August 21. Citing “a challenging economic environment” — which appears to reference President Trump’s tariffs on imported products — Sony is increasing console prices by about $50. …

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