General Motors is developing next-generation sodium-ion battery cells aimed at reducing U.S. dependence on Chinese materials for electric vehicles and energy storage systems. Partnering with Peak Energy, GM plans to launch commercial production by 2029, focusing on domestic supply chains using abundant U.S. materials like sodium. This move contrasts with rivals like Ford, which face criticism for ties to Chinese battery firms. GM aims to 'leapfrog' existing Chinese technology by creating superior, domestically sourced batteries, potentially lowering costs and improving performance for energy storage applications.
Tesla's operating margins fell sharply to 1.4% and free cash flow turned negative in Q2 2026 due to heavy investments in new technologies like Robotaxi, Optimus, and Full Self-Driving (FSD). Despite these near-term financial pressures, analysts see s...
The trade conflict between Canada and the U.S. is largely fueled by political pressures rather than economic reasons, with midterm elections expected to push both sides toward a negotiated settlement. Tariffs on key sectors like autos and alcohol ris...
