What is trade war: causes, consequences, and key players

But what is a trade war? At its core, it’s an economic battle where countries impose tariffs or trade barriers against each other, leading to cycles of retaliation. From higher consumer prices to disrupted supply chains, these conflicts reshape industries, strain diplomatic relations, and even alter the course of global markets. On April 9, 2025,…

Tesla Roundup: Crypto Endorsements, Political Backlash, and Charging Innovations

Elon Musk’s Crypto Endorsement and Political Moves Elon Musk, the Tesla billionaire, has recently endorsed bitcoin and backed Howard Lutnick for Trump’s Treasury secretary. This move comes amid Musk’s warnings about U.S. government spending and potential financial emergencies. His endorsement of Donald Trump has sparked anger among some Tesla owners, leading them to buy anti-Musk…

Tesla eyes India for $3 billion EV factory: A strategic move in global manufacturing

Tesla will explore locations in India this month to set up an electric vehicle factory, according to a Financial Times report. Tesla’s exploration of potential locations in India for a new electric vehicle (EV) factory represents a significant development in the country’s automotive industry. The proposed investment of up to $3 billion underscores the magnitude…

QuantumScape names new CEO as it prepares for commercial launch

QuantumScape Corporation, a leader in next-generation solid-state lithium-metal battery technology, has appointed Dr. Siva Sivaram as its new CEO and board member, effective February 15, 2024. Dr. Sivaram, a semiconductor and data storage industry veteran, joined QuantumScape as President in September 2023 from Western Digital Corp. Dr. Sivaram will succeed co-founder and CEO Jagdeep Singh,…

How Graphite is Powering the Future of Electric Vehicles

Graphite is a key component of lithium-ion batteries, which are widely used in electric vehicles (EVs), smartphones, laptops, and other devices. Graphite is the main material in the anode, the negative electrode that stores and releases electrons during charging and discharging. Graphite accounts for more than 50% of the weight of a typical lithium-ion battery,…

Hitachi Energy launches power semiconductor module globally for all electric vehicles

ZURICH, SWITZERLAND: Hitachi Energy will launch globally RoadPak, its pioneering power semiconductor module for electric vehicles at PCIM Europe, the world’s leading power electronics trade fair in Nuremberg, Germany, May 10-12. RoadPak sets a new benchmark in electric vehicle performance. This compact module uses state-of-the-art silicon carbide (SiC) technology to achieve exceptional levels of power…

Schlumberger New Energy to setup lithium extraction pilot plant in Nevada

PARIS: Schlumberger New Energy announced the development of a lithium extraction pilot plant through its new venture, NeoLith Energy. The deployment of the pilot plant will be in Clayton Valley, Nevada, USA. The NeoLith Energy sustainable approach uses a differentiated direct lithium extraction (DLE) process to enable the production of high-purity, battery-grade lithium material while…