AI Investment Set to Keep Rising, OECD Says
Rising investment in artificial intelligence continues to underpin global growth, according to the OECD. While economic momentum is expected to cool in 2026, policymakers are seeing the upside.
Ford Invests $5 Billion in “Next Model T Moment”
Ford annouced it will invest $5 billion in a new generation of electric vehicles, calling it the company’s “next Model T moment.” The investment aims to produce what could be the most affordable electric pickup truck available, while overhauling manufacturing processes to cut costs and improve efficiency.
EV Market Outpaces Hybrids with a 29% YTD surge
EV sales are accelerating globally, with China and the EU driving most of the momentum. While geopolitical tensions persist, policy shifts and domestic incentives are pushing the industry forward, though North America remains a weak spot.
UK has almost 1m EV chargers, with new public one installed every 25 minutes
Electric vehicle industry says spring data shows installations are keeping pace with rising battery sales
Tesla investors back $56bn Musk pay deal
Tesla shareholders have backed a record-breaking pay package for boss Elon Musk and approved a plan to move the firm’s legal headquarters to Texas.
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