Oil Prices Rise as Middle East Tensions Escalate
Crude oil prices increased due to growing geopolitical tensions in the Middle East, raising concerns about potential supply disruptions.
Northvolt Scales Back Operations Amid EV Industry Challenges
Swedish battery maker Northvolt announces significant job cuts and reduced expansion plans, reflecting broader challenges in the electric vehicle industry.
Wall Street Banks Back Global Nuclear Energy Expansion
Major financial institutions are supporting an initiative to triple global nuclear energy production, signaling a shift in the sector's perception and potential for growth.
Three Mile Island Nuclear Plant to Reopen for Microsoft's AI Power Needs
Microsoft plans to reopen one of the Three Mile Island nuclear reactors to power its expanding AI data centers, aiming to meet its carbon-negative target by 2030.
Ukrainian Drone Strike Destroys Russian Ammunition Depot, Impacting Moscow's Logistics
A Ukrainian drone attack on a Russian ammunition warehouse in Toropets, 300 miles from the Ukrainian border, has disrupted Russia's ability to conduct strikes on Ukrainian cities.
Microsoft and BlackRock Launch $30 Billion AI Infrastructure Fund
A new $30 billion fund from Microsoft and BlackRock aims to address AI's data center and energy infrastructure needs in the United States.
GM Electric Vehicle Drivers Gain Access to Tesla's Supercharger Network
General Motors becomes the third automaker to provide its EV customers access to Tesla's Supercharger network, marking a significant step in expanding charging infrastructure for electric vehicles.
Georgia Emerges as Leader in EV and Battery Manufacturing Investment
Georgia has attracted the highest private investment in electric vehicle and battery manufacturing among U.S. states, positioning itself as a key player in the growing EV industry.
Drivers Show Improved Attitudes Towards EV Range and Charging, Yet Hesitant to Fully Adopt
While concerns about electric vehicle range and charging infrastructure have decreased, overall demand for EVs has stagnated as buyers remain cautious about making the switch from conventional vehicles.