Business Secretary Jonathan Reynolds will meet Jaguar Land Rover chief executive PB Balaji and Unite general secretary Sharon Graham early this week to discuss thousands of expected job cuts at Britain’s largest carmaker. JLR has opened a voluntary redundancy program for salaried and management staff as it targets £1.7 billion in savings over two years. […]
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Gavin Newsom’s California is set to become more expensive starting in 2029 under new state tire efficiency rules approved last week by the California Energy Commission (CEC). Dunlop Tires North America President and CEO Darren Thomas used a lengthy Monday press conference to warn of higher costs, reduced consumer choice, and unintended consequences for drivers […]
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As electricity demand surges from electrification, data centers, and extreme weather, utilities and regulators are turning to customer-owned resources—electric vehicles (EVs) and home battery storage—to balance the grid. This involves “load balancing” or demand flexibility: shifting or reducing consumption (or discharging stored energy) during peak times, often through virtual power plants (VPPs) or demand response […]
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Tesla has filed a trademark application for “MEGAPOD” — a move that signals far more than just brand protection. It points to a strategic pivot: transforming its vast Supercharger network and global vehicle fleet into one of the world’s largest distributed AI computing platforms. What the MEGAPOD Trademark Actually Means On June 18, 2026, […]
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The California High-Speed Rail (CAHSR) project, once sold to voters as a transformative $33 billion bullet train connecting San Francisco to Los Angeles in under three hours by 2020, now carries eye-watering cost estimates that have ballooned dramatically. The latest figures from the California High-Speed Rail Authority’s (CHSRA) 2026 Draft Business Plan put the full […]
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Following Chevron, ExxonMobil, EQT, and Liberty Energy, Ford is rolling in as a hyperscaler and entering the utility market The AI power crunch is creating unlikely heroes across the energy landscape. While hyperscalers scramble for gigawatts that the grid simply cannot deliver fast enough, traditional energy giants have already stepped up with gas-fired generation, carbon […]
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Canada’s manufacturing and industrial base is in freefall under Prime Minister Mark J. Carney’s leadership. A viral X post from @wealthmoose on May 14, 2026, lays out the stark reality with receipts: over $50 billion in planned investments have been canceled, moved, or evaporated in key auto, battery, and manufacturing projects across Ontario and Quebec. […]
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Honda Motor Co., Ltd. reported its first annual net loss as a publicly listed company in nearly 70 years, driven by a massive restructuring of its electric-vehicle (EV) business that included more than $9 billion in writedowns, impairments, and related charges. The Japanese automaker posted an operating loss of ¥414.3 billion ($2.63 billion) for the […]
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In a significant step toward reducing dependence on China for critical minerals, American mining company Critical Metals Corp. (NASDAQ: CRML) has secured formal approval from the Greenland government to acquire a 70% stake in 60° North ApS, advancing full control over the world-class Tanbreez rare earth deposit in southern Greenland. This development, announced in early […]
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Nissan has officially scrapped its ambitious plans to convert its massive Canton, Mississippi, assembly plant into an electric-vehicle (EV) manufacturing hub. Instead, the Japanese automaker is redirecting operations — and a $500 million investment originally earmarked for EVs — toward gas-powered and hybrid trucks and SUVs that American consumers actually want to buy. This isn’t […]
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