Volvo has admitted that its EV business is unable to scale production enough to introduce price cuts to match those made by Tesla. Volvo’s biggest problem is glaring, the company managed to sell just 66,000...

Toyota is preparing for an all out war, an all out EV war as it finally concedes that it can no longer merely dip its toes in EV waters as a cover to promote a...

Jaguar has announced a new mission to crash land on the far side of the moon. The bold experiment will enable Jaguar to analyze where and how the resulting dust and debris settles in a...

Lucid Motors, recently laid off 1,300 of its 7,200 workforce. It’s unclear exactly why the company chose to lay off workers. However, it’s worth noting that the company was still in the early stages of...

A Silicon Valley based battery research and manufacturing company has claimed to have invented a silicon lithium-ion battery that provides more energy density than current graphite based lithium-ion batteries. Sila, pronounced see-luh, means power in...

The petrodollar is a term used to describe the US dollar’s dominant position as the global reserve currency used for trading oil. It came into existence after the US negotiated a deal with Saudi Arabia...