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Sparks

The Year’s Biggest Gadget Conference Is All About Electric Cars Now

Automakers are showing out at CES.

New EVs.
Heatmap Illustration/Kia, Honda, Vinfast, Getty Images

The consumer electronics show in Las Vegas formally known as CES has evolved beyond a showcase for ever-larger screens, laptops, and niche gadgets looking to make it into big box retailers. CES is now, among other things, a full-fledged auto show, with the world's largest automakers announcing ambitious products alongside — and sometimes in partnership with — their tech counterparts.

In recent years, new electric concepts from Chevrolet, BMW, and Ram have each captured attention. This year, it was Honda’s turn to make a splash.

After two decades of dipping its toes into the electric vehicle market, the Japanese carmaker announced the new 0 Series (as in zero emissions) with two concepts that show what Honda wants to bring to the U.S. market in 2026.

The flagship Saloon sedan’s sleek, swept-back design is a material manifestation of what Honda calls its man maximum/machine minimum packaging concept (in case you’re looking for an acronym, it’s M/M*1), which boils down to making the car’s footprint as small as possible while still keeping passengers comfortable. On the other end of the svelte-practical spectrum is the Space-Hub, which applies the venerable minivan concept in an EV format with extra space and seating that swivels to create a rolling lounge.

Honda was also at CES in partnership with Sony, which showed the latest iteration of its Afeela prototype, the electronics company's first foray into the automotive world. Sony's Playstation division clearly got its hands on the concept, which means augmented reality displays built on the game development platform Unreal Engine that feature eye-popping 3D graphics. If you want, you can have a monster magically appear on the roadway as you’re driving. You can also visualize yourself driving underwater. On stage at least, the car could be steered with a Playstation controller.

Kia was back in Las Vegas to announce its hyper-modular, commercial-focused Platform Beyond Vehicle strategy. Showing five models in three sizes all based on the platform, the new lineup will begin with the PV5 and focus on delivery, ride-hailing, and smaller commercial work (think your local electrician) thanks to its Lego-like “life modules” and powertrains.

This being 2024, AI is everywhere at CES, even in car world, with Volkswagen incorporating ChatGPT into its Ida voice assistant, Mercedes updating its MBUX Virtual Assistant with a new “empathetic” AI, and Intel designing a new family of AI-infused systems-on-chips to monitor drivers and passengers in an autonomous future.

While most CES concepts aren’t headed for roads anytime soon, one thing you might be able to buy is the latest offering from Vietnamese EV maker VinFast. While its U.S. launch is off to a rocky start, the ultra-compact VF3 might be cute enough to keep the critics at bay, with its bulldog stance and incredibly diminutive size. Measuring in at just a little under 10.5 feet, the VF3 is nearly two feet shorter than the new Fiat 500E or about the same size as a Smart car. Coupled with its off-roader looks and a claimed 125-mile range, the VF3 could be the smallest, affordable, and most adorable EVs for sale in the U.S.

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Sparks

Rewiring America Slashes Staff Due to Trump Funding Freeze

The nonprofit laid off 36 employees, or 28% of its headcount.

Surprised outlets.
Heatmap Illustration/Getty Images

The Trump administration’s funding freeze has hit the leading electrification nonprofit Rewiring America, which announced Thursday that it will be cutting its workforce by 28%, or 36 employees. In a letter to the team, the organization’s cofounder and CEO Ari Matusiak placed the blame squarely on the Trump administration’s attempts to claw back billions in funding allocated through the Greenhouse Gas Reduction Fund.

“The volatility we face is not something we created: it is being directed at us,” Matusiak wrote in his public letter to employees. Along with a group of four other housing, climate, and community organizations, collectively known as Power Forward Communities, Rewiring America was the recipient of a $2 billion GGRF grant last April to help decarbonize American homes.

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Sparks

Sunrun Tells Investors That a Recession Could Be Just Fine, Actually

The company managed to put a positive spin on tariffs.

A house with solar panels.
Heatmap Illustration/Sunrun, Getty Images

The residential solar company Sunrun is, like much of the rest of the clean energy business, getting hit by tariffs. The company told investors in its first quarter earnings report Tuesday that about half its supply of solar modules comes from overseas, and thus is subject to import taxes. It’s trying to secure more modules domestically “as availability increases,” Sunrun said, but “costs are higher and availability limited near-term.”

“We do not directly import any solar equipment from China, although producers in China are important for various upstream components used by our suppliers,” Sunrun chief executive Mary Powell said on the call, indicating that having an entirely-China-free supply chain is likely impossible in the renewable energy industry.

Hardware makes up about a third of the company’s costs, according to Powell. “This cost will increase from tariffs,” she said, although some advance purchasing done before the end of last year will help mitigate that. All told, tariffs could lower the company’s cash generation by $100 million to $200 million, chief financial officer Danny Abajian said.

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Sparks

The Power Sector Loves Big Tech’s Billion-Dollar Data Center Plans

Meta and Microsoft both confirmed plans to invest heavily in AI infrastructure.

Meta headquarters.
Heatmap Illustration/Getty Images

Big Tech said this week that it’s going full steam ahead with building out data centers, and the power industry loves it. Since Microsoft and Meta reported their earnings for the beginning of the year on Wednesday, including announcements either reaffirming their guidance on capital expenditures or even increasing it, power sector stocks have jumped.

Shares of Vistra, which has a fleet of power plants including nuclear, natural gas, coal, and renewables, are up almost 7% in early afternoon trading. Constellation, one of the largest nuclear producers in the country, is up 8%. GE Vernova, which makes in-demand gas turbines, is up 4%. Chip designer Nvidia’s shares are up 4%.

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