President Donald Trump is set to launch a strategic critical-minerals stockpile with $12 billion in seed funding, aiming to shield US manufacturers from supply shocks as Washington seeks to reduce reliance on China for rare earths and other key metals. The initiative — dubbed Project Vault — would combine $1.67 billion in private capital with… Continue reading Trump to launch $12 billion fund for critical minerals stockpile
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Bajaj Auto sales rise 26% to 2,61,975 units in January
For the April 2025 to January 2026 period, Bajaj Auto’s cumulative sales stood at 42,24,031 units, marking an 8 per cent increase over the corresponding period last year. New Delhi: Bajaj Auto on Tuesday reported a 25 per cent year-on-year rise in total vehicle sales at 4,77,422 units in January 2026, supported by strong growth… Continue reading Bajaj Auto sales rise 26% to 2,61,975 units in January
EAM Jaishankar to attend Critical Minerals Ministerial in US from February 2-4
EAM Jaishankar to attend Critical Minerals Ministerial in US from February 2-4 External Affairs Minister S. Jaishankar will visit the United States from February 2-4 to participate in the Critical Minerals Ministerial convened by US Secretary of State Marco Rubio, according to an official release by the Ministry of External Affairs. The Ministerial will focus… Continue reading EAM Jaishankar to attend Critical Minerals Ministerial in US from February 2-4
Personal mobility, goods movement lift fuel demand in January
File photo New Delhi: Petrol sales rose 5.6 per cent year-on-year and diesel demand increased 3 per cent in January, supported by higher personal mobility and goods movement in a fast-expanding economy. Sales of aviation turbine fuel (ATF) climbed 4.8 per cent, while LPG consumption rose 7.5 per cent, according to provisional data from the… Continue reading Personal mobility, goods movement lift fuel demand in January
California’s $200 mn EV incentive program to require matching funds from automakers
California’s proposed $200 million electric vehicle incentive program will be limited to first-time buyers and require participating manufacturers to contribute matching incentives, the administration of California Governor Gavin Newsom said on Monday. The proposal would allow incentives to defray the upfront purchase costs for new or used EVs but the incentive amounts have not yet… Continue reading California’s $200 mn EV incentive program to require matching funds from automakers
German Handelsblatt: Auto industry: Largest single transmission deal since 2019: ZF receives billion-dollar order from BMW012310
Gearbox production at ZF: Largest single order since 2019. Photo: dpa Stuttgart, Düsseldorf. The financially troubled supplier ZF has signed a billion-dollar contract with the car manufacturer BMW. The core of the agreement is the delivery and further development of the eight-speed automatic transmission 8HP, as ZF announced on Monday. The contract is worth several… Continue reading German Handelsblatt: Auto industry: Largest single transmission deal since 2019: ZF receives billion-dollar order from BMW012310
The Toyota C-HR is not the $30,000 EV we had hoped for, but this one might be
The 2026 C-HR was expected to be the $30,000 EV everyone was waiting for from Toyota. Although it’s a bit more expensive than anticipated, Toyota does offer an EV starting around that price. Does Toyota offer an EV for $30,000? Toyota is bringing the C-HR back as an EV this year. Since the now-retired gas-powered… Continue reading The Toyota C-HR is not the $30,000 EV we had hoped for, but this one might be
Waymo raises massive $16 billion round at $126 billion valuation, plans expansion to 20+ cities
Waymo just closed a $16 billion funding round at a $126 billion valuation, the largest investment ever in an autonomous vehicle company. The Alphabet-backed robotaxi leader plans to use the capital to expand to over 20 new cities this year, including its first international markets. The funding The round was led by Dragoneer Investment Group,… Continue reading Waymo raises massive $16 billion round at $126 billion valuation, plans expansion to 20+ cities
Elon is in the files, Tesla sales are down, and Ford is NOT working with Xiaomi
Source: Xiaomi Auto/Weibo On today’s island-hopping episode of Quick Charge, we have to talk about Elon Musk’s cringey appearance in the Epstein files amid Tesla’s rapid sales decline in Europe, as well as the ultra-fast Xiaomi SU7 Ultra and its own rapid sales decline. We’ve also got a look at the Tesla Robotaxi service and… Continue reading Elon is in the files, Tesla sales are down, and Ford is NOT working with Xiaomi
Elon Musk Not Doing Well After Epstein Files Reveal
Illustration by Tag Hartman-Simkins / Futurism. Source: Harun Ozalp / Anadolu via Getty Images Elon Musk hasn’t been handling the latest batch of Epstein files well. After the newly released emails from the Department of Justice revealed that Musk communicated extensively with the deceased sex criminal, the world’s richest man made a bizarre series of… Continue reading Elon Musk Not Doing Well After Epstein Files Reveal