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🔋 Electric vehicles ache for more raw materials amid continuous major shortages.
The research company, E Source, has reported the next four years will be difficult for those looking to manufacture more electric vehicles. Raw materials needed to make battery cells are in short supply and the prices are expected to jump 22% from 2023 through 2026.
Copper prices recently experienced a significant surge, reaching a record high of about $11,100 per metric ton in May on the London Metal Exchange.
Elon Musk has recently spoken out against US government tariffs on Chinese electric vehicles, calling them “not good” and market-distorting.
A few years back, Hertz took a bold step by purchasing 30,000 Teslas, aiming to electrify 20% of its rental fleet.
Tesla Inc. is making headlines again, this time for rehiring members of its Supercharging team, including key manager Max de Zegher, following a surprising round of layoffs initiated by CEO Elon Musk last month.
Two years ago, California lawmakers quietly passed a complex energy bill that transformed how residents are billed for electricity.
South Korea has welcomed the U.S. decision to extend electric vehicle tax credits for cars containing Chinese graphite until 2026.
Huy Fong Foods, the makers of the popular green-capped Sriracha sauce, has halted production due to a shortage of red winter jalapeños.
Porsche is ramping up its sustainability efforts in logistics by rolling out six new electric trucks across its Zuffenhausen, Weissach, and Leipzig facilities.
The U.S. Treasury Department recently updated the rules for electric vehicle (EV) tax credits under the 2022 Inflation Reduction Act, stirring up a bit of a storm.
The National Highway Traffic Safety Administration (NHTSA) recently wrapped up an extensive probe into Tesla’s Autopilot system that started back in 2021.
Hertz's recent earnings report reveals a continued financial strain due to its ambitious shift towards electric vehicles.
As the U.S. pushes harder towards electric vehicles (EVs), several experts are pumping the brakes, voicing concerns over numerous challenges that could impede this transition.
In 2023, the average monthly electricity bill for U.S. homes nudged up by 2% to $138, which was actually less dramatic compared to the overall inflation rate of 4.1%.
On Friday, TSMC's shares in Taipei took a significant hit, dropping by 6.7% following their first-quarter earnings report.
The Biden administration has committed up to $6.4 billion to help Samsung Electronics set up a major computer chip manufacturing hub in Texas.
Drug shortages in the U.S. have hit a record high this year, with the American Society of Health-System Pharmacists (ASHP) reporting 323 active shortages.
Taiwan Semiconductor Manufacturing Company (TSMC) is making a significant move by bringing its most advanced technology to America, aligning with U.S. President Joe Biden’s goals for a secure tech supply chain.
Taiwan Semiconductor Manufacturing Co. (TSMC), a global leader in semiconductor fabrication, is set to receive a significant boost in the U.S. with up to $6.6 billion in funding from the U.S. government.
A massive 7.2-magnitude earthquake rocked Taiwan's eastern coast last Wednesday, causing not only tragic loss of life but also significant ripples in the semiconductor industry.
The U.S. is currently experiencing shortages of new weight loss drugs, including Zepbound and Wegovy, primarily due to soaring demand.
Taiwan's biggest quake since 1999 could jolt the semiconductor supply chain across Asia.
It turns out that around 1 in 10 people in the US who rely on Adderall and similar meds for ADHD are hitting a wall due to a medication shortage.
The Biden administration just rolled out a regulation that’s all about boosting the sales of electric or zero-emission heavy vehicles, like school buses and cement mixers.
Cocoa prices just hit a new high, reaching over $10,000 per metric ton for the first time.
President Biden has announced America's strictest vehicle exhaust emissions regulations yet, aiming to push the auto industry towards all-electric cars.
Energy giant Shell is shifting gears, planning to sell off some of its gas stations to make room for more electric vehicle charging stations.
In the past year, over a million fully electric cars, trucks, and SUVs were sold in the U.S., marking a record in the country's shift away from gas-powered vehicles.
Medical experts are warning that a prolonged strike at ports along the East and Gulf coasts could disrupt the supply of life-saving medications.