Sandvik’s eNimon concept car contains zero mined materials – and zero functionality. This provocative statement piece reveals the massive mineral demands behind the green transition that few want to discuss.
China’s electric vehicle market is experiencing unprecedented competition with too many players chasing limited market share. This analysis examines the underlying factors and predicts the inevitable industry consolidation ahead.
Electric vehicle maker Rivian will pay $250 million to resolve a class-action lawsuit filed by shareholders after sudden price increases on its R1 vehicles. The settlement comes as the company prepares for its crucial R2 SUV launch amid declining R1 sales and recent layoffs.
Electric vehicle manufacturer Rivian has reportedly agreed to pay $250 million to settle a class-action shareholder lawsuit stemming from controversial price increases on its R1 vehicles in 2022, according to court documents and company statements. The lawsuit alleged that Rivian included misleading information about production costs in its IPO documentation prior to going public in 2021.
General Motors has eliminated hundreds of design engineering roles as part of organizational restructuring, sources indicate. The layoffs come just days after the automaker reported strong third-quarter earnings that boosted its stock performance significantly.
General Motors has cut hundreds of positions within its design engineering division as part of a corporate restructuring effort, according to reports from Business Insider and Bloomberg. The layoffs, described as being in the “low hundreds” by company representatives, primarily affected employees at GM’s technical center in Warren, Michigan.
The Nevada-based battery recycler and materials supplier has raised fresh capital to accelerate its energy storage business as electricity demand from AI data centers surges. The funding round was led by Eclipse with participation from Nvidia’s investment arm.
Redwood Materials, a prominent battery recycler and materials supplier, has reportedly secured $350 million in new funding to expand its grid-scale energy storage operations, according to company statements. The funding comes as electricity demand, particularly from artificial intelligence data centers, continues to surge across the United States.
Earnings Miss Masks Deeper Strategic Transformation Tesla’s third-quarter financial results have sparked intense analyst debate, revealing a company in the…
London EV Charging Platform Lands Major Seed Investment Rightcharge, the innovative London-based electric vehicle charging payment platform, has successfully raised…
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Amazon is reportedly expanding its electric delivery fleet through a multi-year partnership with Also, a Rivian spinoff. The agreement includes customized pedal-assist cargo quads capable of carrying over 400 pounds, set to launch in 2026 across the U.S. and Europe.
Amazon has reportedly entered into a multi-year collaboration with micromobility startup Also, a company spun out of electric vehicle maker Rivian, to integrate thousands of pedal-assist cargo quad vehicles into its delivery network. According to reports, the TM-Q electric quads are designed to transport over 400 pounds of packages while navigating bike lanes, addressing last-mile logistics challenges in dense urban areas.
The world is failing to meet climate change targets across all measured sectors, according to a comprehensive new analysis. While some areas show promising development, the pace remains insufficient to limit global warming to 1.5 degrees Celsius.
The global response to climate change is progressing at an “alarmingly inadequate” pace, according to a major new analysis from Systems Change Lab. The State of Climate Action 2025 report reveals that none of the 45 indicators tracking climate progress are on course to meet their 2030 targets established under the Paris Agreement.
