Peak News and Blog

EV Startup Backed By UPSA small electric vehicle company backed by UPS wants to replace the assembly lines automakers have used for more than a century with something radically different — small factories employing a few hundred workers. The company, Arrival, is creating highly automated “microfactories” where its delivery vans and buses will be assembled…

Gravity-Based Batteries Try to Beat Their Chemical CousinsAlongside the chilly, steel-gray water of the docks here stands what looks like a naked, four-story elevator shaft—except in place of the elevator is a green, 50-ton iron weight, suspended by steel cables. Little by little, electric motors hoist the weight halfway up the shaft; it is now…