Cost cuts, China come into focus

Cost cuts, China come into focus

Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters DETROIT – Since spearheading a merger to create Stellantis in 2021, CEO Carlos Tavares has been on a cost-cutting mission. That’s beginning to pay dividends for the company and investors. How the trans-Atlantic … Read more

European election results spark fears over weakening climate ambitions

European election results spark fears over weakening climate ambitions

The police use water cannon against climate activists of “Extinction Rebellion” movement, who block the Utrechtsebaan on the A12 road, during a protest in The Hague, on September 9, 2023. Str | Afp | Getty Images Green parties were on track to lose seats in the European Parliament elections, provisional results showed on Monday, sparking … Read more

With congestion pricing stop, NYC enters new economic gridlock era

With congestion pricing stop, NYC enters new economic gridlock era

Alexander Spatari | Moment | Getty Images As U.S. cities continue their recovery from the pandemic and inflation, New York City was expected to provide a key national test for the economic value of congestion pricing. A cost of living crisis, preparing for climate challenges, and aging infrastructure, including public transportation, all made the congestion … Read more

Honda may be America’s most committed EV automaker, for the moment

Honda may be America’s most committed EV automaker, for the moment

The All-New, All-Electric Honda Prologue is on display at the 2023 Los Angeles Auto Show at the Los Angeles Convention Center on November 24, 2023 in Los Angeles, California. While missing a host of brands, this year’s edition of the Los Angeles Auto Show debuted a range of new models.  Josh Lefkowitz | Getty Images … Read more

Each of the Past 12 Months Broke Temperature Records

Each of the Past 12 Months Broke Temperature Records

June 2023 did not seem like an exceptional month at the time. It was the warmest June in the instrumental temperature record, but monthly records haven’t exactly been unusual in a period where the top 10 warmest years on record all occurred in the past 15 years. And monthly records have often occurred in years … Read more

Renewables will be main power source for data centers: Nextracker CEO

Renewables will be main power source for data centers: Nextracker CEO

Photoelectric modules at a solar farm in Hanstholm, Denmark. The solar panels are part of the renewable energy sources that power Apple’s European data center in Viborg.  Christoph Dernbach | Picture Alliance | Getty Images The surging power needs of artificial intelligence and data centers will be met primarily with renewable energy — not fossil … Read more

EV sales slump, Hertz dump take used Tesla to no haggle $25,000 price

EV sales slump, Hertz dump take used Tesla to no haggle ,000 price

The race to the $25,000 EV in the U.S. car market has been won, but not in the way the auto industry wanted. Since January, Hertz Global Holdings has been in Tesla sales mode, with 20,000 electric vehicles from its global fleet, representing nearly a third of the rental-car company’s existing EV inventory, on the … Read more

World to briefly hit 1.5-degree warming threshold in next 5 years

World to briefly hit 1.5-degree warming threshold in next 5 years

Firefighters work on the zone of a forest fire in the Valparaiso region in Chile on Feb. 3, 2024. Javier Torres | Afp | Getty Images A weather arm of the United Nations on Wednesday warned that within the next five years, the world will likely surpass a critically important warming threshold, reinforcing the urgent … Read more

Elon Musk told Nvidia to ship AI chips reserved for Tesla to X, xAI

Elon Musk told Nvidia to ship AI chips reserved for Tesla to X, xAI

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  David Swanson | Reuters Elon Musk claims he can grow Tesla into “a leader in AI & robotics,” an ambition that … Read more

Khosla Ventures backs Wineborne, a startup using AI to upend forecasts

Khosla Ventures backs Wineborne, a startup using AI to upend forecasts

This summer is expected to be one of the busiest hurricane seasons in history, according to the annual forecast from the National Oceanic and Atmospheric Administration (NOAA). The frequency and intensity of the storms are increasing. Weather prediction is more critical than ever. Artificial intelligence has made the weather forecasting market increasingly crowded. From hurricanes … Read more