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04.01.26 - 22:18
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Detroit Tries To Balance Gas-Powered Profits While Staying Competitive With China′s EV Surge (ZeroHedge)
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Detroit Tries To Balance Gas-Powered Profits While Staying Competitive With China's EV Surge
U.S. automakers are quietly pivoting back toward what they know makes money: large gasoline vehicles. Selling trucks and SUVs is now the fastest path to higher profits, especially as government pressure to push electric vehicles has weakened. Trying to maximize profits from gas cars while keeping pace in EV technology is proving extremely difficult, according to a new writeup from the Wall Street Journal.
Recent policy changes strongly favor gasoline models. Fuel-economy rules have been softened, penalties for missing targets have disappeared, EV tax credits have expired, and California can no longer impose its own emissions standards. EV momentum has cooled worldwide as well, with Europe, the U.K., and Canada also retreating from aggressive mandates. BloombergNEF projects U.S. EV sales will drop 24% in Q4 2025 from the year before.
Automakers are responding quickly. GM, Ford, and Stellantis have anno...
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04.01.26 - 17:30
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Europe′s AI Ambitions Threatened By Soaring Memory Chip Prices (ZeroHedge)
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Europe's AI Ambitions Threatened By Soaring Memory Chip Prices
Submitted by Thomas Kolbe
The ongoing boom in artificial intelligence is sending memory chip prices skyrocketing, putting pressure on data center operators. Europe currently lacks a strategy to break free from this price spiral.
The persistent surge in digitalization, particularly in AI, requires immense data storage capacity and is driving global demand for memory chips. These so-called RAM modules (Random Access Memory) have transformed from classic commodity products into highly specialized, strategic key resources of the new economy.
This strategic battle over memory chips is also reflected these weeks in the struggle for pole position between the United States and China. Just a few weeks ago, the administration of U.S. President Donald Trump granted American chipmaker NVIDIA limited permission to export its chips to China—while simultaneously collecting a 25 percent export levy from the Chinese side.
It is clear that the ...
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04.01.26 - 17:06
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HSBC becomes first big UK lender to cut its mortgage rates in 2026 (The Guardian)
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Reduction follows Bank of England's base cut in December, with further cuts expected this yearHSBC has become the first major lender to cut mortgage rates this year, a move that could spark a price war over the coming months.The banking group, which is one of the UK's largest mortgage lenders, has cut rates across a range of residential and landlord buy-to-let mortgage products. The new rates come into effect on Monday. Continue reading......
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