EV demand is getting a boost from the Iran war — just as auto giants pivot back to combustion engines
[ad_1] An electric vehicle (EV) is left to charge at a charging station in Tehran on February 23, 2026. Atta Kenare | Afp | Getty Images The sprawling Middle East crisis is expected to spur drivers to abandon traditional internal combustion engine vehicles in favor of EVs, analysts told CNBC, although early evidence suggests this […]
Republicans block Democratic push for Trump Jr. subpoena
[ad_1] Donald Trump Jr. and Zach Witkoff of World Liberty Financial at Token2049, a prominent crypto conference in Singapore, on Wednesday, Oct. 1, 2025. Wachsman Republicans on a House Natural Resources subcommittee blocked a Democratic motion to subpoena Donald Trump Jr., President Donald Trump’s eldest son, over his backing of critical mineral companies. President Trump’s […]
Tesla to buy $4.3 billion of LG Energy battery cells from disbanded GM plant
[ad_1] A Tesla Megapack battery at the Harmony Energy Ltd. and Fotowatio Renewable Ventures BV battery energy storage project near Burgess Hill, England, May 11, 2021. Chris Ratcliffe | Bloomberg | Getty Images Tesla is expanding ties with South Korea’s LG Energy Solution, striking a deal to buy $4.3 billion worth of battery cells for […]
EV maker Lucid reveals plans for robotaxi, positive free cash flow late this decade
[ad_1] The Lucid display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC NEW YORK — Lucid Group expects to be cash flow positive late this decade as it plans to grow its vehicle lineup and increase its software and technology offerings, the all-electric vehicle maker announced […]