nuclear
U.S., France, China, Russia, South Korea lead global nuclear power capacity in 2025
Five countries — the United States, France, China, Russia, and South Korea — account for more than two-thirds of the world’s total nuclear electricity generation capacity, according to International...
nuclear
South Korea to boost nuclear power to 222.7TWh by 2035 amid energy security and emissions goals
South Korea is intensifying its reliance on nuclear power to meet its electricity demands as the country lacks interconnections with neighboring grids and does...
nuclear
EU nuclear energy strategy and €241 bn investment plan
The European Union is taking a significant leap in reshaping its energy future through a bold nuclear expansion strategy, backed by a massive €241...
nuclear
Nuclear power capacity to increase from 395GW in 2024 to 494GW
Global nuclear power capacity is projected to increase from 395GW in 2024 to 494GW by 2035, according to GlobalData, fueled by the transition to...
Electric Vehicle
Ford EV business posts 35% drop in revenue to $3.9 bn in 2024
Automotive major Ford has reported 35 percent drop in revenue at its electric vehicle (EV) business to $3.9 billion in 2024.
Ford Model e Segment,...
Electric Vehicle
Toyota Motor reveals EV and battery production in China
Toyota Motor plans to establish a wholly owned company in Shanghai dedicated to developing and producing electric vehicles (EVs) and batteries for its luxury...
Electric Vehicle
Ferrari to roll out first fully electric vehicle (EV) in October
Ferrari is set to make history with the launch of its first fully electric vehicle (EV) in October, marking a significant shift from its...
Electric Vehicle
Tesla steps up cost efficiency, technological innovation, product expansion
Tesla CEO Elon Musk has revealed the electric vehicle maker’s multi-faceted strategy centered around cost efficiency, technological innovation, and product expansion.
Tesla’s production has reached...
Electric Vehicle
General Motors CEO reveals progress in EV strategy
General Motors has made significant progress in its EV strategy while increasing full-year revenue by 9 percent to $187 billion, with a 6 percent...
Electric Vehicle
Electric vehicles market to exceed 20 mn in 2025: Rho Motion
Global sales of electric and plug-in hybrid vehicles are projected to exceed 20 million in 2025, achieving at least 17 percent growth, aided by...
Electric Vehicle
LG Energy Solution cuts Capex as it expects poor EV demand
LG Energy Solution, which makes EV battery for Tesla, General Motors and Hyundai Motor, has revealed its financial performance for 2024 and guidance for...