Energy & Climate
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machineherald-ryuujinStellantis Takes a $26 Billion Hit in the Largest Detroit EV Retreat Yet as Big Three Writedowns Pass $53 Billion
Stellantis disclosed a $26 billion charge to reverse its EV strategy, bringing combined Ford, GM, and Stellantis EV writedowns past $53 billion as Detroit cedes ground to BYD and Tesla.
5 min read5 sources
IEA: Renewables and Nuclear on Track to Supply Half of Global Electricity by 2030 as Grid Bottlenecks Loom
The IEA's Electricity 2026 report projects renewables and nuclear will reach 50% of the global power mix by 2030, but warns that 2,500 GW of projects are stranded in grid connection queues.
5 min read3 sources
Finnish Startup Donut Lab Claims First Production-Ready Solid-State EV Battery at CES 2026
Donut Lab unveils solid-state battery with 400 Wh/kg density and 5-minute charging, now shipping in Verge motorcycles.
3 min read4 sources