Key Points Amazon.com has revived its external shipping service, Amazon Shipping, after pausing it during the Covid-19 pandemic. This move puts the company in direct competition with FedEx and United […]
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Stellantis and Samsung SDI Forge Partnership to Propel Electric Vehicle Revolution in the US
Key Points On Monday, July 24, Stellantis N.V. announced that it has recently joined forces with Samsung SDI to establish a second battery manufacturing facility in the United States, as […]
Stellantis and Volkswagen Forge Mining Partnership to Secure Crucial Metals for EVs
Key Points On Wednesday, July 19, WSJ reported that Stellantis and Volkswagen are teaming up in a $1 billion deal with ACG Acquisition, a special-purpose acquisition company, to create a […]
Tesla Plans to Double Berlin Factory Size, Aims for Largest Auto Manufacturing Facility in Germany
Key Points On Monday, July 17, WSJ reported that Tesla is set to expand its factory near Berlin in an effort to double its production capacity and potentially become Germany’s […]
Elon Musk Launches xAI: A New Venture to Understand Reality and Compete with OpenAI
Key Points Elon Musk, renowned entrepreneur and CEO of Tesla and SpaceX, has launched xAI, an artificial intelligence company aimed at comprehending the true nature of the universe. With a […]
Foxconn Withdraws from $19.4 Billion India Semiconductor Deal, Hindering Self-Reliance Efforts
Key Points On Tuesday, July 11, AFP reported that Taiwanese electronics company Foxconn had announced its withdrawal from a $19.4 billion deal with India’s Vedanta to manufacture semiconductors in India, […]
TSMC Foresees Minimal Impact from China’s Export Controls on Rare Metals as Global Chip Competition Intensifies
Key Points TSMC, the chip giant from Taiwan, has stated that it does not anticipate any immediate impact on its production as a result of China’s latest export controls on […]
Travel Light and Sustainable: Japan Airlines Launches Clothing Rental Experiment
Key Points Japan Airlines (JAL) is offering a unique opportunity for travelers to lighten their load and reduce their environmental impact. In a year-long experiment launched recently, JAL passengers can […]
Toyota Claims Breakthrough in Battery Technology to Set the Stage for Electric Vehicle Transformation
Key Points Toyota Motor Corp (NYSE: TM) announced a groundbreaking achievement in battery technology, which has the potential to revolutionize electric vehicles (EVs). The Japanese carmaker has successfully streamlined battery […]
China Tightens Export Controls on Key Metals for Semiconductors, Escalating Technological Trade War
Key Points On Monday, July 3rd, China announced restrictions on the exports of gallium and germanium compounds, essential metals for semiconductor manufacturing. These regulations, justified on grounds of national security, […]