In a statement General Motors Co’s President Mark Reuss said, the company is testing a variety of battery chemistry technologies and manufacturing processes aimed at slashing the cost of future electric vehicle batteries and reducing its dependence on such price-sensitive metals including cobalt. While speaking at an investor conference, Reuss said “GM is experimenting with…
An auto industry group in the United States has it warned that the shortage in the global semiconductor market is likely to result in 1.28 million fewer vehicles manufactured this year and disrupt production for the coming six months. In a written response to a government-initiated review, the Alliance for Auto Innovation said the U.S.…
In a statement an official from the White House said, two top-level White House aides will host a meeting on the resiliency of the U.S. supply chain midst a broader policy review on the issue. According to Jen Psaki, White House’s press secretary, the meeting would be hosted by President Joe Biden’s top economic aide,…
During a U.S. Senate Select Committee on Intelligence, Microsoft Corp’s president Brad Smith stated, the company has notified 60 customers that their data was most likely compromised by hackers during a hacking campaign revolving around Texas-based software firm SolarWinds Corp. In prepared remarks, Smith told members of the U.S. Senate Select Committee on Intelligence that…
In a statement, Microsoft Corp’s President Brad Smith said, the SolarWinds hacking campaign that used the U.S. tech company as a springboard to compromise many U.S. government agencies is “the largest and most sophisticated attack the world has ever seen”. The hacking campaign, identified in December 2020, was allegedly orchestrated by China and Russia, had…
In a statement the Biden Administration announced that the U.S. Department of Energy will “offer $100 million in funding to support low-carbon energy technologies”; it will also create a working group to aid their development and sale. The announcement was made by National Climate Advisor Gina McCarthy at the White House’s first meeting of the…
In a significant development, General Motors Co said, all of its new cars, including light pickup trucks, and SUVs will have zero tailpipe emissions by 2035. The development marks a significant shift away from diesel and gasoline powered engines by the biggest U.S. automaker. GM has also said, it plans on becoming carbon neutral by…
U.S. President Donald Trump has signed an executive order directing U.S agencies to assess security risks linked to Chinese-made drones used by American government fleets, prioritizing their removal. The executive order directs all U.S. agencies to outline the security risks posed to the existing government drone fleet from drones built by Chinese companies or by…
In a statement PayPal Holdings Inc said it has blocked GiveSendGo, a Christian crowdfunding site which helped raise funds for people who attended last week’s event in Washington after supporters of U.S. President Donald Trump, visited en mass at the Capitol. PayPal confirmed that it has closed an account held by Ali Alexander, one of…
In a statement Swedish telecoms operator Tele2 said, it will partner with Nokia for the deployment of its core 5G network in Sweden and in the Baltics. The new core infrastructure will support both 4G and 5G connectivity, thus allowing higher speeds with lower latencies in the network. “We are proud to be expanding on…
