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16.12.25 - 13:24
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Ford Takes Record $19.5 Billion Charge As EV Bet Implodes, Pivots To Grid Batteries (ZeroHedge)
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Ford Takes Record $19.5 Billion Charge As EV Bet Implodes, Pivots To Grid Batteries
Shares of Ford in New York have yet to hit a new high since the debut of the all-electric F-150 Lightning in April 2022. What was pitched as a flagship EV push has since devolved into an epic miscalculation, with the automaker now preparing to take $19.5 billion in charges, mostly in the fourth quarter, as it unwinds and overhauls its electric vehicle strategy.
Ford is overhauling its entire electrification roadmap. The reset includes the cancellation of three future EV programs, the termination of the current F-150 Lightning, and a shift toward new offerings across multiple powertrains, including a future extended-range hybrid vehicle variant of the F-Series.
The pivot also entails a complete restructuring of battery operations, highlighted by the breakup of its partnership with South Korean battery maker SK On. The next chapter of Ford's strategy is a pivot toward grid-scale energy storage systems.
We've ex...
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14.12.25 - 23:01
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Energy secretary predicts that electricity prices will stop rising ′very soon′ (The Hill)
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Energy Secretary Chris Wright expressed optimism that electricity prices will eventually come down. “Very soon, you'll see a stop of the rise of electricity prices. And with the continuation of [the Trump administration's] policies of energy addition, you will see declines in electricity prices later this term,” Wright told host Jacqui Heinrich on “Fox News......
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12.12.25 - 07:30
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Drax plans to convert part of its North Yorkshire power plant into datacentre (The Guardian)
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Plans are response to surge in demand for AI capability and come after government signalled it would curb subsidiesDrax has revealed plans to convert part of its power plant in North Yorkshire into a datacentre as soon as 2027 in response to the increase in demand for AI capability.The FTSE 250 company behind Britain's biggest power plant told investors on Thursday that it had applied for planning permission to build a 100-megawatt datacentre at its site near Selby. Continue reading......
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11.12.25 - 14:31
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„Und selbst die polnische Linke befürwortet das Projekt“ (Die Welt)
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Polen setzt auf Kernenergie und baut sein erstes Atomkraftwerk an der Ostsee. Die Regierung fördert das Projekt massiv, über 90 Prozent der Bevölkerung befürworten den Einstieg. „Das Kraftwerk kann bis zu 22 Millionen Menschen versorgen“, erklärt Polen-Korrespondent Philipp Fritz....
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