Recent News
Călărași, Romania, is transforming with a new 20-megawatt solar energy project for Tenaris’ steelmaking facility. The initiative, costing $21.5 million, is supported by the EU’s Recovery and Sustainability Plan, showcasing a shift towards renewable energy. Leaders from various sectors celebrated the project’s launch, emphasizing a commitment to decarbonization and sustainable […]
Tesla has stopped taking new orders for Model S and Model X vehicles in China due to high tariffs resulting from US-China trade tensions. The tariff increase has made these Californian-produced models significantly more expensive in the Chinese market. Tesla’s Shanghai Gigafactory continues to produce the more affordable Model 3 […]
The electric vehicle (EV) battery swapping market is projected to grow from USD 4.52 billion in 2024 to USD 93.41 billion by 2035. Battery swapping offers a quick solution, allowing users to replace a depleted battery with a fully charged one in minutes, reducing vehicle downtime and wait times significantly. […]
Nvidia and Palantir Technologies are prominent players in the AI sector, each offering distinct advantages amid market volatility. Nvidia excels in accelerated computing, with its GPUs and CUDA ecosystem revolutionizing AI applications, resulting in a 78% surge in revenue. Palantir focuses on comprehensive AI solutions, advancing client operations with data […]
Stock futures surged unexpectedly, lifting S&P 500 by 1.4%, Nasdaq 100 by 1.2%, and Dow Jones by 1.8% amidst US-China trade tension. China vowed to “fight to the end” following President Trump’s threat of additional tariffs, heightening economic uncertainty. The Dow dropped 350 points on Monday, shaking investor confidence, reminiscent […]
Autonomous vehicles (AVs) are revolutionizing transportation with their projected market value surging from USD 109 billion in 2024 to USD 1,730.4 billion by 2033. Technological advancements in AI, machine learning, LiDAR, and cameras enable near-human-like vehicle perception, driving the shift towards automation. Major investments from automotive giants and tech firms, […]
Lucid Group, Inc., a rising star in the electric vehicle sector, is drawing attention from major investors, including Raymond James Financial Inc. Notable investment activity includes Raymond James buying 258,416 shares, Charles Schwab increasing its stake by 84.6%, and Rockefeller Capital Management’s involvement. Analyst opinions vary widely, with some setting […]
Jabil is experiencing a significant rise due to the increasing demand for AI infrastructure, trading at 15 times forward earnings. The company operates across various industrial sectors, including cloud computing, semiconductors, and automotive technologies, with AI as a primary growth driver. AI-related ventures are expected to generate $7.5 billion this […]
Luxembourg is emerging as a leader in autonomous vehicle technology, with Pony.ai at the forefront of this innovation. The Luxembourg Ministry of Mobility and Public Works has approved Level 4 autonomous vehicle testing, marking a significant milestone in self-driving technology. Pony.ai, a company with roots in China and Silicon Valley, […]
QuantumScape is at the forefront of revolutionizing electric vehicle batteries using solid-state technology, but faces skepticism regarding its market viability. Investors like Raymond James Financial cautiously invest, indicating belief in potential despite current low stock prices around $4.03. The company struggles to transition from research and development to commercialization amidst […]