More from Mohammed Ali
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Airbnb partners with ChargePoint to offer hosts discounted home EV chargers
Airbnb is collaborating with ChargePoint to expand access to electric vehicle (EV) chargers for vacation home renters. This partnership aims to make it easier and less expensive for Airbnb hosts to install and maintain EV chargers, potentially increasing the attractiveness of their properties to some travelers. “We are thrilled to join forces with ChargePoint to… -
Eli Electric’s affordable micro-EV coming from China to the US despite new tariff
In the face of recently announced tariffs exceeding 100% on Chinese electric vehicles (EVs) bound for the United States, one automaker remains committed to bringing affordable EVs to American consumers. Eli Electric Vehicles is grappling with the implications of the new tariff rate on its plans to introduce a less expensive electric micro-car in the… -
China’s BYD launches hybrid truck in Mexico, US may target these vehicles
Electric pickup trucks in the United States are known to be fairly expensive, but China’s BYD is launching a more affordable model just south of the border in Mexico. The development comes amid an ongoing trade conflict between the U.S. and China over electric vehicles (EVs). The Biden administration recently quadrupled tariffs on EVs imported… -
How much sway does Fed’s interest rate policy have over residual inflation?
The latest consumer price report released on Wednesday, May 15, showed a slight easing of inflation in April. It was led by lower grocery prices and declining auto prices, both new and used. The Bureau of Labor Statistics said overall consumer prices rose 3.4% on the year and 0.3% on the month, with shelter and… -
Russia may disregard international law and environment to get Antarctica’s oil
Antartica, the most remote continent on Earth, is home to one of the planet’s most valuable resources, and Russia may be willing to decimate the environment and break international law to tap into the supply. Russian research vessels have reportedly identified 511 billion barrels of oil in Antarctica, a discovery valued at nearly $41 trillion.… -
Chinese EV-maker Zeekr is coming to the US. Will Biden’s tariff hike stop it?
Americans poured hundreds of millions of dollars into a Chinese electric vehicle (EV) brand, even though its cars are not yet even available for purchase in the United States. Hangzhou-based automaker Zeekr made its debut on the New York Stock Exchange. The company opened 24% higher than its initial public offering price. However, the news… -
The world’s largest vacuum ever is here to help fight climate change
The world’s largest vacuum is now operational and on a mission to help combat climate change. Built by Swiss company Climeworks, the facility, dubbed the “Mammoth,” is a direct air capture plant that was designed to suck up planet-heating pollution. Climeworks assembled the plant in Iceland. When it is at full capacity, the Mammoth is… -
TikTok and ByteDance fight back, sue US government over potential ban
TikTok and ByteDance filed a lawsuit in federal court Tuesday, May 7, challenging legislation that would ban or force the sale of the popular app. The companies claim the new law violates the U.S. Constitution and referenced the First Amendment 27 times. The law, signed by President Biden in April, gives the Chinese parent company… -
New EV tax credit exemption will benefit US consumers, but also China
In a bid to make electric vehicles (EVs) more accessible to American consumers, the White House announced a new policy shift Friday, May 3, on its federal tax credits. The move for more affordable EVs stands to benefit U.S. consumers, but also China. Earlier this year, the Biden administration implemented sourcing requirements for EVs to… -
Europe may need one of world’s highest tariffs to stop the Chinese EV influx
The influx of Chinese electric vehicles into the European market has sparked research into how implementing significant new tariffs would address the competitive advantage enjoyed by automakers in China. With a quarter of EVs sold in the EU this year expected to originate from China, European policymakers are evaluating measures to level the playing field… -
Powering pot: Energy for US cannabis industry could electrify 13.5M homes
In recent years, the burgeoning cannabis industry in the United States has become responsible for a significant amount of energy consumption. The electricity required nationwide for cannabis cultivation is equivalent to powering roughly 13.5 million homes, constituting about 1% of the entire country’s annual energy usage. With the industry expected to expand further, experts project… -
Pythons decimate Florida’s wildlife, is eating them the answer?
Pythons are wreaking havoc on local wildlife in Florida, becoming one of the most challenging invasive species management issues worldwide, according to the U.S. Geological Survey. With estimates suggesting over 100,000 of these serpents slithering through southern Florida, since 1997, they have efficiently eradicated a number of animals from the Everglades and reduced the populations… -
Tesla recalls nearly every Cybertruck it has delivered over accelerator issue
Nearly 4,000 Tesla Cybertrucks, with a total value of around $240 million, are being recalled by the automaker after reported safety problems with their accelerator pedals. Drivers have been complaining about instances of these pedals getting stuck stuck all the way down, putting the almost 7,000 pound vehicle at an unexpected full throttle speed. The…