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Bold EV Ambitions Were Hit By Reality In 2023

This was the year that the auto industry deviated from its original course towards an all-electric future.   According to a Reuters research, manufacturers were preparing to invest $1.2 trillion by 2030 to transition electric vehicles from niche goods to mass-market versions, many of which...

Avatars And AI Technologies Are Being Driven By The Growth Of Livestream Shopping In China

In China, livestreaming is becoming increasingly popular, which is propelling the creation of new tech goods including mobile data bundles and virtual person broadcasters.   It's an attempt to innovate and monetize one of the few areas of the economy that is growing at a moderate pace....

Apple Cautions Local Production Targets In India Will Be Impacted By India's EU-Style Charger Requirements

According to a government document, Apple has warned India that if New Delhi follows the European Union and mandates that all current iPhones have universal charging ports, its local production targets will be missed. This comes as the American tech giant is attempting to delay or obtain an...

Australian Ranchers Are Giving Away Sheep For Free As There Is Excess Of The Animals

Due to the surplus of mutton in Australia, prices have plummeted, and some farmers are choosing to give away or cull their sheep rather than raise them on the farm in order to save money.   According to data from Meat and Livestock Australia (MLA), mutton prices have dropped 70% in the last...

EU Passes Legislation Imposing A Methane Emissions Cap On Imports Of Fossil Fuels

Early on Wednesday, the European Union came to an agreement on a regulation that would limit the amount of methane emissions that can be imported into Europe starting in 2030. This will put pressure on foreign suppliers to tighten up on leaks of the potent greenhouse gas.   Following...

Miners Of Bitcoin Reap Profit Before The "Halving"

While the sun is shining, bitcoin miners are generating money.   With the recent surge in cryptocurrency prices, the industry has emerged from its slump. Currently, mining businesses are scurrying to lock in earnings before the "halving" of bitcoin, which would see rewards for creating...

Confusion In Global EV Battery Supply Chain Due To China's Graphite Restrictions

Beijing's intention to restrict graphite exports will have a disproportionate impact on international makers of electric vehicle battery components who have not yet transitioned to utilising as much synthetic material as Chinese rivals, according to industry insiders and experts.   Since it...

Concerns About The Declining Market For Electric Cars Are Growing

A warning from a battery manufacturer and the cancellation of a GM-Honda agreement on Wednesday serve as more evidence that high interest rates are impeding the goals of automakers and climate regulators to expedite the transition to electric vehicles. Although sales of electric vehicles are...

Southeast Asia Is Challenging EU Objectives By Aiming For Hands-Off AI Guidelines

Southeast Asian nations are approaching artificial intelligence legislation in a business-friendly manner, putting the European Union's desire for internationally unified regulations that complement its own severe framework on the back burner.   A private draught of the Association of...

Weight-Loss Medications Create A Boom For Companies That Fill Syringes

Contract medicine makers looking to enter the brisk weight-loss drug business are investing billions of dollars to expand or create factories that fill the injection pens needed to give treatments such as Novo Nordisk's Wegovy.   In interviews with a dozen executives, analysts, and...

Most Diesel Export Restrictions In Russia Are Lifted

The Russian government has announced that the majority of the limitations put in place on September 21 on pipeline exports of diesel through ports have been lifted.   The export limitations on petrol are still in effect.   About 35 million tonnes of diesel were exported...

Peak Crude Demand Is Causing Conflict And Enmity In The Oil Industry

The International Energy Agency and OPEC have been engaged in a verbal and statistical battle over the future of peak oil demand, which is essential to the survival of petroleum producers.   Peak oil demand is the moment when the world's demand for crude reaches its peak level. This is...
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