Sona Comstar plans domestic magnet production to cut China imports

For future growth, Sona Comstar is looking at acquiring more customers in China, Japan and South Korea. Sona Comstar, India’s biggest importer of rare earth magnets, plans to locally manufacture the critical components used in electric vehicles, tapping into a government push to incentivise their production at home as China restricts their exports. China, which… Continue reading Sona Comstar plans domestic magnet production to cut China imports

Sona Comstar Leads India’s Push for Rare Earth Independence as China Tightens Export Controls

Sona Comstar, one of India’s largest auto component makers and the country’s biggest importer of rare earth magnets, plans to start manufacturing rare earth magnets domestically, its CEO Vivek Vikram Singh told Reuters in an interview. The move comes as China, which produces around 90% of the world’s rare earth magnets, put restrictions in April… Continue reading Sona Comstar Leads India’s Push for Rare Earth Independence as China Tightens Export Controls

German Manager Magazin: Rivian: Volkswagen is second billion injections in the VW partner004292

Volkswagen Stocking participation in his US partner Rivian. After the Tesla challenger Had met the prerequisites at the beginning of MayThis Monday a second payment of $ 1 billion (around 850 million euros) is due, with which VW participates in Rivian. VW had already entered the US company with one billion dollars last year and… Continue reading German Manager Magazin: Rivian: Volkswagen is second billion injections in the VW partner004292

Elon Musk fumes as Trump tax bill cuts credits for EVs

Elon Musk criticises the latest US tax bill, calling proposed cuts to EV and clean energy credits “incredibly destructive” to the country. Elon Musk slammed the US Senate‘s latest version of President Donald Trump’s multi-trillion dollar tax bill Saturday, warning the cuts to electric vehicle and other clean energy credits would be “incredibly destructive” to… Continue reading Elon Musk fumes as Trump tax bill cuts credits for EVs

Work Underway at Tata’s UK EV Battery Factory Ahead of 2027 Opening

Work has begun in building what will become one of Europe’s largest EV battery factories – and the Somerset site is planned to open in 2027. It comes more than a year after the £4billion facility, owned by Agratas  – a battery subsidiary of JLR parent Tata Group – was given approval to be built on the… Continue reading Work Underway at Tata’s UK EV Battery Factory Ahead of 2027 Opening

Clean Technica: Buyer’s Remorse Redemption Tour For Tesla CEO Elon Musk004078

Last Updated on: 29th June 2025, 01:28 pm Oh, the buyer’s remorse, it burns. Having launched US President Donald Trump into office with a reported $250 million contribution to the president’s campaign last year, Tesla CEO Elon Musk is now having second thoughts. Like, big ones. Loud ones. Public ones. Maybe he really means it,… Continue reading Clean Technica: Buyer’s Remorse Redemption Tour For Tesla CEO Elon Musk004078

Work underway at Tata’s UK EV battery factory ahead of 2027 opening

Autocar understands the site will be known as Agratas South West, but it remains unclear whether that holds any implications for future Agratas facilities in other parts of the country. The factory, which will create 4000 jobs, will initially make batteries for Tata Motors and JLR (formerly Jaguar Land Rover) – brands that sit under… Continue reading Work underway at Tata’s UK EV battery factory ahead of 2027 opening

Tesla’s IPO was 15 years ago. The stock is up almost 300-fold since then

CEO of Tesla Motors Elon Musk waves after ringing the opening bell at the NASDAQ market in celebration of his company’s initial public offering in New York June 29, 2010. Brendan McDermid | Reuters At the time of Tesla’s IPO 15 years ago, the company had generated roughly $150 million in revenue in its lifetime.… Continue reading Tesla’s IPO was 15 years ago. The stock is up almost 300-fold since then

Leading AI Companies Struggling to Make Their AI Stop Blackmailing People Who Threaten to Shut Them Down

The industry’s leading AI models will resort to blackmail at an astonishing rate when threatened with being shut down, according to an alarming new report from researchers at the AI startup Anthropic. The work, published last week, illustrates the industry’s struggles to align their AI models with our human expectations of good behavior, especially as tech… Continue reading Leading AI Companies Struggling to Make Their AI Stop Blackmailing People Who Threaten to Shut Them Down

‘We are the media now’: why Tesla’s robotaxis were dominated by Elon Musk superfans

Journalists from the newsroom weren’t allowed inside the robotaxis and were mocked for asking riders basic questions. Journalists from the newsroom weren’t allowed inside the robotaxis and were mocked for asking riders basic questions. Over the years, Tesla has built part of its reputation on hosting big, bold events to generate authentic hype for upcoming… Continue reading ‘We are the media now’: why Tesla’s robotaxis were dominated by Elon Musk superfans