Hydrogen-Powered Flying Yacht in the Making for 2025

Yes, you read correctly, a hydrogen-powered, flying yacht – and you thought hovercrafts were cool. Australian designer Jaron Dickson has come up with, what he has dubbed the EkranoYacht: an eco-friendly design based upon the well-known Soviet vehicle…

BioJet Receives $1.2B funding facility

BioJet International Ltd. has received a US$1.2-billion funding facility from Cayman-based Equity Partners Fund SPC. The funding structure is a 3-year facility; further terms of the funding were not disclosed.
BioJet is an international supply chain in…

Sub5Zero Drives the Lexus GS450h

Lexus’ performance-oriented GS450h hybrid promises supercar acceleration and Lexus’ usual levels of “vault silent” luxury, with just enough green-washing to keep the GS’ usually performance-focused buyers from feeling too guilty about their non-Pr…

Judy Rife: Free travel perks add to region’s budget woes

When New Jersey Gov. Chris Christie said “jump” in November, the Port Authority voted to phase out free E-ZPass benefits for board members and non-union employees and retirees – and recoup at least $1.5 million a year in lost revenue in the process.

$7,500 Tax Credit for First 500,000 of Each Electric Vehicle?

If you are interested in purchasing an electric vehicle, but are still on the fence with your decision, you may have more time to consider it before you plunge. Legislation is in the works that may allow more EV buyers to be eligible for government tax…