GM, Stellantis invest in EV magnet startup in move to reduce China reliance
(Reuters) – General Motors and Stellantis said on Wednesday they will invest in startup Niron Magnetics, part of a plan to develop electric-vehicle magnets without rare earths as the automotive industry aims…
Germany To Shut Down All Remaining Nuclear Plants, Forcing Reliance On Fossil Fuels
Germany announced that it would shutter its remaining six nuclear power plants by the end of 2022, completely ending its reliance on the renewable source. “For the energy industry in Germany, the…
Weak Wind Power To Blame For European Energy Crisis, Greater Reliance On Fossil Fuels: REPORT
Low wind power generation is largely to blame for Europe’s ongoing energy crisis and scramble to import more fossil fuels, according to a Reuters report. Wind farms across Europe produced just 14%…
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