Tesla has withdrawn an application for over $1 billion in subsidies for battery production at Gigafactory Berlin. CEO Elon Musk appears to imply that Tesla withdrew because they don’t want government subsidies, but there are other theories. After announcing plans to build a large electric vehicle factory in Berlin, Tesla confirmed that the project would
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News of a potentially fast-spreading new coronavirus variant has already triggered a violent reaction on markets and in a number of different asset classes. While much attention has naturally alighted on equity markets, with big falls in the FTSE-100 and continental European indices such as the DAX in Germany and the CAC-40 in France, probably
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NASA’s Curiosity rover celebrated the 10th anniversary of its launch on November 26 by sending a spectacular postcard from the Red Planet. The rover had captured two black-and-white images of the thrilling Martian landscape while it was perched on the side of Mount Sharp. NASA scientists combined the two images and added colour to them
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France has cancelled a meeting with the UK to discuss Channel crossings after Boris Johnson asked the French to take back migrants arriving in Britain. French interior minister Gerald Darmanin has told Home Secretary Priti Patel “she was no longer welcome” at Sunday’s European meeting on migrant issues, a French government spokesman said. Spokesman Gabriel
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Perhaps it is simply part of man’s basic DNA, to take any form of mobility and supercharge it for extreme thrills. That’s one explanation for how we got here today, checking out Helbiz’s ridiculously fast 62 mph (100 km/h) standing electric scooters. But these aren’t just any electric scooters – they’ve been purposely designed to
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Petroleum pump jacks are pictured in the Kern River oil field in Bakersfield, California. Jonathan Alcorn | Reuters The head of the world’s leading energy authority has said that some countries had failed to adopt a helpful position to calm soaring oil and gas prices, criticizing “artificial tightness” in energy markets. “[A] factor I would
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The Beatles’ last ever live performance, up on the rooftop of 3 Saville Row, is a legendary moment in music history and an event that Peter Jackson’s new three-part Disney documentary charts. Based on around 56 hours of film that for 50 years remained hidden within Apple’s vaults, the three-parter also gives an in-depth insight
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Britain is bringing in travel restrictions for six African countries due to a new COVID variant that UK experts have called the “worst one we’ve seen so far”. Health Secretary Sajid Javid tweeted: “UKHSA (UK Health Security Agency) is investigating a new variant. More data is needed but we’re taking precautions now. “Six African countries
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Mercedes-Benz teased its upcoming hyper-efficient electric car with over 1,000 km (620 miles) of range with a new picture. The automaker plans to use the vehicle to test new technology to improve efficiency in its electric vehicles. Earlier this year, Mercedes-Benz announced an updated electrification plan that included a new plan to go all-electric by 2030.
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In this article ENEL-IT The CEO of multinational Italian energy firm Enel has expressed doubt on the usefulness of carbon capture and storage, suggesting the technology is not a climate solution. “We have tried and tried — and when I say ‘we’, I mean the electricity industry,” Francesco Starace told CNBC’s Karen Tso on Wednesday. “You can imagine,
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