discoveries
futuresciencenews
inventions
market crash
05/17/2024
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By Laura Harris
Chinese EV hatchback threatening to disrupt U.S. auto sales with very low price and claims of efficiency
A Chinese electric hatchback car has ignited fears among American automakers and politicians as it makes itself more marketable to Americans while it carves a path through the global automotive industry. In 2023, Chinese electric car manufacturing giant BYD launched Seagull, a budget-friendly electric hatchback or city car billed as performing and having craftsmanship comparable to […]
03/12/2024
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By Belle Carter
Wall Street financial analyst: Washington is pressuring the Fed to project robust economy in time for 2024 elections
President Joe Biden’s administration is firm in declaring that the year 2024 is the time for Americans to start breathing easy again when it comes to inflation that haunted households for a few years. After more than 20 months of skyrocketing prices and higher borrowing costs, investors, economists and Federal Reserve officials claim that they […]
03/05/2024
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By Zoey Sky
Apple bails out of EV market and shifts focus to AI
According to people in the know, Apple is finally canceling a decades-long effort to build an electric vehicle (EV). The internal announcement was made on Feb. 27, shocking the nearly 2,000 employees involved in the project. The people who shared the news requested not to be identified because the announcement wasn’t public. The decision was shared by […]
02/20/2024
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By News Editors
The great reset didn’t work: The case of EVs
We are living through one of history’s longest and most excruciating versions of “We told you so.” When in March 2020, the world’s government decided to “shut down” the world’s economies and throttle any and all social activity, and deny kids schooling plus cancel worship services and holidays, there was no end to the warnings […]
02/13/2024
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By Olivia Cook
General Motors to bring back plug-in hybrids as EV market falters
In 2019, General Motors (GM) became the first major American automaker to announce that it was going “all-in” on producing pure electric vehicles (EVs). Now, the company is making a significant shift back into the plug-in hybrid market. This move was announced by CEO Mary Barra during the company’s recent earnings call on Jan. 30. Before […]
01/30/2024
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By Olivia Cook
Job cuts in mainstream media outlets could lead to AI TAKEOVER of news industry
Thousands of journalists are facing a stark, scary “new reality” as mainstream news outlets are slashing jobs to stay afloat in the struggling industry. Questions about the future of U.S. journalism have been raised following the news industry’s bad start this year. In January alone, several publishers laid off their employees in a continuation of the […]
01/16/2024
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By News Editors
Artificial intelligence is set to affect nearly 40% of all jobs, according to a new analysis by the International Monetary Fund (IMF)
IMF’s managing director Kristalina Georgieva says “In most scenarios, AI will likely worsen overall inequality”. (Article by Blessing Nweke republished from YourNews.com) Ms. Georgieva adds that policymakers should address the “troubling trend” to “prevent the technology from further stoking social tensions”. The proliferation of AI has put its benefits and risks under the spotlight. The […]
11/08/2023
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By Laura Harris
EVs on the verge of becoming UNINSURABLE due to HIGH COST of battery repairs
Electric vehicles (EVs) in the U.K. are on the verge of becoming uninsurable because of the high cost associated with fixing their batteries. Jonathan Hewett, CEO of the motor insurer-funded automotive research firm Thatcham Research, issued this warning. According to him, the lack of “insight and understanding” about the cost of repairing damaged EV batteries leads […]
11/07/2023
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By Laura Harris
FreedomWorks economist predicts EVs will be the auto industry’s “NEXT BIG FLOP”
Stephen Moore, a senior economist at FreedomWorks and former senior economic adviser to former President Donald Trump, has predicted that America’s electric vehicle (EV) market will be the auto industry’s “next big flop.” In an interview on Fox News’s Varney & Co. program and an op-ed in the Daily Caller, Moore drew a parallel connection between the Ford Edsel, which was […]
11/01/2023
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By Olivia Cook
Automakers are abandoning plans to mass-produce EVs: People are finally seeing reality, says Toyota chairman
Major automotive companies are currently scrambling to respond to a shift in demand for battery-powered vehicles – leaving these auto giants wondering if they pushed electric vehicles (EVs) too early. In recent months, automaker giants Ford Motor Company and Toyota Motor Corporation have been issuing warnings about a sudden slowdown in consumer demand for EVs. […]
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