Environment

GM, LG investing $275 million to expand Tennessee EV battery plant

General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan. Photo by Steve Fecht for General Motors General Motors And LG Energy Solution will spend an additional $275 million in their joint venture battery plant in Tennessee to increase production by more …

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FCC authorizes SpaceX Gen2 Starlink: Up to 7,500 satellites

A batch of Starlink satellites is deployed in orbit after a launch on Nov. 13, 2021. SpaceX The Federal Communications Commission issued a key authorization to Elon Musk’s SpaceX on Thursday, granting approval for the company to move forward with launching up to 7,500 next-generation satellites in its Starlink internet network. “Our action will allow …

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Tesla CEO Elon Musk kicks off first Semi truck deliveries

Tesla CEO Elon Musk kicks off deliveries of the company’s heavy-duty truck, the Semi, at the Gigafactory in Sparks, Nevada. Tesla Inc. Tesla CEO Elon Musk kicked off deliveries of the company’s first few production Semi trucks on Thursday, speaking on stage at the company’s factory in Sparks, Nevada, with Dan Priestly, the company’s senior …

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Tesla CEO Elon Musk kicks off first Semi truck deliveries

Tesla CEO Elon Musk kicks off deliveries of the company’s heavy-duty truck, the Semi, at the Gigafactory in Sparks, Nevada. Tesla Inc. Tesla CEO Elon Musk kicked off deliveries of the company’s first few production Semi trucks on Thursday, speaking on stage at the company’s factory in Sparks, Nevada, with Dan Priestly, the company’s senior …

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Russian oil sanctions are about to kick in. And they could disrupt markets in a big way

European oil sanctions are due to kick in on December 5. The idea is to reduce oil revenues for Russia given its war in Ukraine. Andrey Rudakov | Bloomberg | GettyImages Upcoming sanctions on Russian oil are set to be “really disruptive” for energy markets if European nations fail to set a cap on prices, …

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Tesla’s dominance of EVs is eroding as cheaper cars hit the market

Tesla is still the top-selling electric vehicle brand in the US, but its dominance is eroding as rivals offer a growing number of more affordable models, according to a report Tuesday by S&P Global Mobility. The data firm found that Tesla’s market share of new registered electric vehicles in the US stood at 65% through …

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