According to new forecasts, the lithium market is expected to double by 2030 as soaring EV demand accelerates. Is it finally happening? Did we reach the threshold for mass EV adoption? Several legacy automakers are reporting staggering growth in EV sales. In fact, some are having a hard time keeping up with demand. On Ford’s
Month: August 2022
A customer pumps gas at an Exxon gas station on July 29, 2022 in Houston, Texas. Brandon Bell | Getty Images Gas prices are below $4 for the first time since March, but the market remains precarious and experts said it’s too early to know if the move lower will hold. The national average for
In this article PINS A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning that Pinterest makes its initial public offering on April 18, 2019. Spencer Platt | Getty Images In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50
Rishi Sunak has unveiled a plan to slash rising energy bills for up to 16 million vulnerable people which he hopes will propel him to 10 Downing Street. In a dramatic move as his Tory leadership clash with Liz Truss becomes increasingly bitter, he is said to be prepared to find up to £10bn to
Marqeta celebrates IPO at the Nasdaq on June 9th, 2021. Source: The Nasdaq Shares of payment processor Marqeta tumbled 24% on Thursday after founder Jason Gardner announced plans to step down as CEO, and the company said it’s being cautious given the challenges in the economy and fintech sector. Gardner started Marqeta in 2010 and
NASA’s SunRISE — or Sun Radio Interferometer Space Experiment — is an ambitious program that plans to launch the largest radio telescope ever to detect and track hazardous explosive space weather events. The production of the first six satellites has been completed at the Utah State University Space Dynamics Laboratory (SDL), according to the US space agency. The SDL has
The US attorney general has said he “personally approved” to seek a search warrant on Donald Trump’s Florida residence. In a statement made in Washington DC, Merrick Garland said the Justice Department did “not take the decision lightly”. He confirmed that federal agents searched Mr Trump’s Mar-a-Lago estate on Monday to probe whether he illegally
Labour has vowed to stop “outrageous” premiums that energy prepayment meter customers face. The pledge is part of a package of measures to tackle the cost of living crisis which Sir Keir Starmer’s party is set to unveil. It comes as Boris Johnson doubled down on his insistence that it is for his successor to
Droughts could be declared in “quite a few regions” of the country tomorrow, a source from the Department for Environment, Food and Rural Affairs has told Sky News. The news contradicts earlier suggestions that a drought would only be declared in the South West. The drought declaration is not expected to cover the whole country,
Disturbing allegations of abuse and control are set to be explored in a new documentary about the actor Armie Hammer. House Of Hammer, produced by Armie Hammer‘s aunt Casey Hammer, “will reveal the dark, twisted secrets of the Hammer family”. The 35-year-old actor was hit by a series of accusations early last year, after a
The US Republicans have had many opportunities to move into the post-Trump era of politics but they have consistently refused to take them. Such is the ex-president’s threatening and manipulative grip on his party that he has turned each potentially devastating setback into a comeback. In November 2020 the Republican leadership could have stood against
Modular transportation developer REE Automotive has debuted the P7-B, a novel Class 3 box truck designed and built by REE to target the most in-demand vehicle type in the commercial segment. The truck sits atop REE Automotive’s P7 cab chassis and is powered by the company’s proprietary REEcorner technology. REE Automotive ($REE) is an e-mobility solutions company
Ethereum is the world’s second-biggest cryptocurrency, and it’s giving bitcoin a run for its money. Getty Ethereum, the second-largest cryptocurrency by market value, just ran a final dress rehearsal ahead of a years-awaited upgrade that’s been billed as one of the most important events in the history of crypto. Since its creation almost a decade
The UK’s economy contracted by 0.1% in the second quarter, according to latest estimates. In June, GDP fell by 0.6%, services fell by 0.5%, manufacturing by 1.6% and construction by 1.4%, the Office for National Statistics said. The large drop in June was partly caused by the large reduction in services spending as coronavirus test
The UK is set to send more weapons to Ukraine to help it defend against Russia’s invasion, the defence secretary has announced. Multiple-launch rocket systems (MLRS) and precision guided missiles, which can strike targets up to 50 miles away, will be delivered to the eastern European nation, Ben Wallace said. “This latest tranche of military
The continents of Earth were formed by gigantic meteorite impacts that were particularly prevalent during the first billion years of our planet’s four and a half billion year history, according to new Curtin research, which has presented the strongest proof to yet. Dr Tim Johnson, from Curtin’s School of Earth and Planetary Sciences, said the
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