The upcoming CPI data is predicted to keep the Federal Reserve from making any interest rate hikes. If everything goes according to expectations, bond yields will continue to decrease, fueling the end-of-year equity rally theory. Bank of America’s latest forecast suggests that most investors anticipate the 2024 investment playbook to revolve around a Federal Reserve …
The clean-energy industry is currently experiencing its worst downturn in years, resulting in a significant decline in its overall value and posing a serious threat to America’s environmental objectives. Major auto manufacturers such as General Motors (GM) and Ford Motor (F) have postponed their plans to introduce electric vehicles. Offshore wind developers are also canceling …
BMW customers outraged over heated seat subscription BMW BMW has reversed its decision on a controversial subscription service that required drivers to pay a fee to activate the pre-installed heated seats in their cars. This subscription, first introduced in 2020, was meant to offer customers flexibility by allowing them to pay for specific vehicle functions …
Volvo Group, a global company operating in the challenging sector of truck, bus, and construction and marine equipment manufacturing, aims to decarbonize its operations and achieve net zero emissions by 2040. Karin Svensson, the chief sustainability officer of the company, leads this effort. In an interview, Svensson discusses the electrification of transport, the complexities of …
In the effort to combat climate change, the Biden administration is urging carmakers to transition to electric vehicles. However, the National Institute of Standards and Technology (NIST), the main U.S. agency for technology and competition, is emphasizing the need for cybersecurity guidelines in the EV industry to protect against both domestic and international hacking. The …
Nestled in the scenic mountains of northern Portugal, just a couple of hours away from the bustling city of Porto, you’ll find the charming village of Covas do Barroso. This idyllic farming village has a population of less than 200, mostly consisting of older residents. The surrounding region is renowned for its Barrosão cattle, a …
Miners are leveraging advanced technologies such as machine learning and cutting-edge chemistry to meet the increasing demand for critical materials like copper and graphite in the green technology sector. Back in 2011, Nico Cuevas, an immigrant from Mexico living in Arizona, recognized the need for graphite for Tesla’s electric vehicle battery anodes. Despite owning a …
Miners are employing advanced technologies such as machine learning and innovative chemistry techniques to address the growing demand for critical materials like copper and graphite used in green technologies. One example is Urbix, a startup based in Arizona that uses machine learning to create uniform graphite anodes for electric vehicle batteries. They have already secured …
As the push for electric vehicles (EVs) intensifies in Europe and the U.S., researchers are raising concerns about the neglect of cybersecurity in this industry. They warn that hackers could potentially cause blackouts and damage entire electric grids by infiltrating charging stations and networks. Harm van den Brink, a cybersecurity specialist at ElaadNL, a Dutch …
Volkswagen (VW) has announced its plans to introduce test units of its autonomous vehicles in Austin, Texas later this month. The company’s driverless ID. Buzz vans, which are electric and autonomous, will be hitting the streets of Austin this year, with the first two units being released this month. This marks the first time that …