NewsRoom Articles - Page 7 of 56

ThursdayJun 04, 2026 10:00 am

Ford to Unveil All-Electric Escape Model in 2029

Ford is preparing for a major step in its electric vehicle journey with plans to bring back the Escape as an all-electric model in 2029. Although the current gasoline-powered Escape is expected to leave production after the 2026 model year, reports suggest that the popular nameplate will return later in the decade with a completely new identity. Instead of relying on traditional engines, the next-generation Escape is expected to run entirely on electric power. The Escape has been part of Ford's lineup for many years and has built a strong reputation among drivers looking for a practical and comfortable compact…

TuesdayJun 02, 2026 10:00 am

Ferrari Unveils its First Electric Vehicle Model

Ferrari has officially entered a new chapter in its history after unveiling its first fully electric vehicle, the Luce. The luxury sports car company revealed the new model in Rome, marking a major shift for one of the world’s most famous car brands. Known for powerful gasoline engines and high-performance supercars, Ferrari is now joining the growing electric vehicle market while still trying to maintain the style and performance that made the brand popular worldwide. The new Ferrari Luce comes with a price tag of about $640,000, making it one of the most expensive electric vehicles on the market. Unlike…

FridayMay 29, 2026 10:00 am

Large Asset Owners Cautiously Embrace Crypto, Survey Finds

Large asset owners around the world are slowly warming up to cryptocurrency, but they are doing so with caution. A recent global survey by Northern Trust shows that digital assets are no longer being ignored by major investors such as pension funds and institutional asset managers. According to the findings, about 46 percent of asset owners now hold cryptocurrencies like Bitcoin. In addition, 44 percent are investing in exchange-traded funds that focus on digital assets. This shows a clear shift in attitude as more institutions begin to see crypto as part of a modern investment portfolio. Just a few years…

ThursdayMay 28, 2026 10:00 am

Fast Delivery Worsens Working Conditions for E-Commerce Warehouse Employees

Fast delivery services have changed the way people shop around the world. Customers can now order clothes, electronics, food, and household products online and receive them within hours or days. While this convenience benefits shoppers, new research shows that the workers behind these fast deliveries are paying a heavy price. A recent Cornell University-led study found that working conditions in e-commerce warehouses are becoming more difficult as companies race to deliver products faster and cheaper. Employees in these warehouses often face intense pressure, long hours, stress, and unsafe working environments. Researchers say the growing demand for rapid delivery is making…

FridayMay 22, 2026 10:00 am

StanChart To Slash 7,000 Jobs In a Bid To Raise Profitability

Standard Chartered Bank is preparing for major changes as it works to improve profits and strengthen its future business operations. The London-based bank, commonly known as StanChart, recently announced plans to cut more than 7,000 jobs by 2030 while increasing its investment in technology, automation, and artificial intelligence. The bank said the job reductions are part of a long-term strategy to improve efficiency and raise profitability over the next several years. Standard Chartered aims to achieve a return on tangible equity of more than 15% by 2028 and around 18% by 2030. This is a major increase compared to its…

ThursdayMay 21, 2026 10:00 am

Samsung Develops Solid-State Battery Using Silver and Carbon

Samsung is working on a new type of battery that could change the future of electric vehicles. This new design is called a solid-state battery, and it uses a combination of silver and carbon to improve how the battery works. While current lithium-ion batteries have helped electric cars become more popular, they still face challenges such as limited range, slow charging, and safety risks. Samsung’s new approach aims to solve these problems. One of the biggest issues with traditional batteries is the formation of dendrites. These are tiny, needle-like structures made of lithium that can grow inside the battery during…

TuesdayMay 19, 2026 10:00 am

Trump Admin Curbs States’ Ability to Oversee Crypto Industry

The Trump administration has introduced major changes that reduce the power of U.S. states to regulate cryptocurrency companies. The move is already creating debate across the financial industry, with supporters calling it a step toward modernization while critics warn it could weaken consumer protection and increase financial risks. At the center of the issue is a decision by the Office of the Comptroller of the Currency (OCC), a federal banking regulator, to allow more crypto firms to operate under special national trust bank charters. These charters place companies mainly under federal oversight instead of state supervision. For years, many cryptocurrency…

FridayMay 15, 2026 10:00 am

Why China’s EV Trajectory Will Differ from Toyota’s Car Journey

China’s electric vehicle industry is now facing growing pressure from Western countries, especially Europe and the United States. Many analysts are comparing this situation to what happened to Japan’s car industry in the 1980s, when American leaders restricted Japanese car exports to protect local automakers. At that time, companies like Toyota, Honda, and Nissan were rapidly expanding across the world and taking a large share of the U.S. market. Although there are similarities between the two situations, China’s electric vehicle industry is entering a very different global environment. Because of technology, market size, and global demand, China’s path is unlikely…

ThursdayMay 14, 2026 10:00 am

Hormuz Closure Puts EV Manufacturing at Risk

The continued disruption in the Strait of Hormuz is becoming a growing threat to the global electric vehicle industry. Although the crisis is widely linked to rising oil prices, its impact now stretches much further. Important raw materials needed for EV battery production are becoming harder to transport, creating fears of supply shortages, rising manufacturing costs, and possible slowdowns in production worldwide. The Strait of Hormuz is one of the busiest and most important shipping routes in the world. Every day, large amounts of oil, gas, and industrial materials move through the narrow passage connecting the Persian Gulf to global…

TuesdayMay 12, 2026 10:00 am

German Automaker Porsche to Lay Off 500 Workers

German automaker Porsche has announced plans to cut more than 500 jobs as the company faces growing financial pressure and slowing demand for electric vehicles. The move is part of a wider restructuring effort aimed at helping the luxury carmaker focus on its main business operations during a difficult period for the global auto industry. The company said it will shut down three subsidiaries, including a business that develops electric vehicle batteries, a software unit, and a company that makes systems for electric bikes. Most of the layoffs will affect the e-bike business, with around 360 workers expected to lose…

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