Thursday, 23 January 2025

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Bosch logo is seen on an Active Line Plus e-bikes during the Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Michaela Rehle/File Photo
BusinessElectric Vehicles (EVs)NewsSemiconductor

US reaches preliminary deal with Bosch for $225 million in chip grants

The funding will support Bosch’s planned $1.9 billion investment to transform its manufacturing facility in Roseville, California.

FILE PHOTO: Steam rises during a test from a well at the Coso geothermal field at the China Lake Naval Air Weapons Station in China Lake, California July 31, 2008. Picture taken July 31, 2008.  REUTERS/Fred Prouser/File Photo
BusinessElectricityFuelGeothermalNatural GasNewsOil

Shale drilling techniques could lead to a geothermal surge, IEA says

Geothermal is suited to providing the massive amounts of stable energy data centres require, according the the head of the IEA.

FILE PHOTO: A sign of battery manufacturer CATL is pictured at its booth the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNewsStorageTransport

China’s CATL offers suppliers financial support to drive battery innovation

CATL has extended its leadership in EV batteries with a global market share of 36.8% in the first 10 months of the year.

News ReleaseNews

Equinor ASA: Buy-back of shares to share programmes for employees

Please see below information about transactions made under the buy-back programme for Equinor ASA (OSE:EQNR, NYSE:EQNR) for shares to be used in the...

News ReleaseNews

Subsea7 awarded contract in the US Gulf of Mexico

Luxembourg – 13 December 2024 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award of a sizeable 1 contract...

News ReleaseNews

Faraday Future Announces Fashion Model and Designer Suede Brooks Takes Delivery of Her New FF 91 2.0 Futurist Alliance

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF,” or “Company”), a California-based global shared intelligent electric mobility ecosystem company,...

Environment Minister Steven Guilbeault, pictured in April 2024, called Canada's new climate target 'realistic and achievable' (AFP)
ClimateEmissionsNews

Canada unveils 2035 climate goal critics say is weak

One of the world's top oil and gas producers, Canada has missed all its interim carbon emission targets.

News ReleaseNews

Mitsubishi Electric to Establish Heat Pump Compressor Factory in the U.S.

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it will invest U.S.$ 143.5 million to retrofit a U.S.-based factory to make variable-speed compressors...

FILE PHOTO: New cars, among them China-built electric vehicles of the company Xpeng, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Yves Herman/File Photo
Electric Vehicles (EVs)NewsTransport

Global EV sales hit third consecutive record high

China continued to lead sales growth, accounting for almost 70% of total EV sales in November.

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