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27.08.2026
07:35 BusinessKorea.co.kr K-Battery Industry Targets U.S. ESS Market Amid EV Slump

South Korea's battery industry is facing a double challenge from slowing electric vehicle demand and intensifying competition from Chinese products, but the U.S. energy storage system (ESS) market is emerging as a new growth driver. As the expansion of renewable energy and AI data centers increases

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01:07 InsideEVs.com Here Are Some Of The Biggest Changes On The New Chevy Bolt

The new Bolt won't be made for long, but it's a big improvement over the old car.

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26.08.2026
23:36 SeekingAlpha.com Li Auto expects Q3 2026 deliveries of 95,000 to 100,000 as it expands BEV lineup with MEGA and i9 launches

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23:22 InsideEVs.com Voltpost Is Making A Charger For People Without A Driveway

Voltpost's new chargers cut install costs by sticking to ceilings and walls—meaning apartment dwellers could be the real winners.

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23:20 Google news Sci/Tech Movie Review: What's up, flop? The toon-human hybrid 'Coyote vs. Acme' should've stayed on shelf - AP News

Movie Review: What's up, flop? The toon-human hybrid 'Coyote vs. Acme' should've stayed on shelf  AP NewsWhy Was This ‘Looney Tunes’ Movie Almost Shelved for Good?  The AtlanticHow the Anvil Was Nearly Dropped on ‘Coyote vs. Acme’  The New York TimesThey uncrushed ‘Coyote vs. Acme’ from a falling anvil and lived to tell about it  Los Angeles Times‘Coyote Vs. Acme’ Sets A Rotten Tomatoes Review Score Record  Forbes

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22:00 InsideEVs.com Waymo Takes A Not-So-Subtle Shot At Tesla’s Self-Driving Strategy

In a blog post, one of Waymo's top engineers wrote that cameras are "not enough" for autonomous driving.

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22:00 InsideEVs.com How The Volvo EX60 EV Can 'See' Deer Around Corners Through A New Update

It's not just deer, either. The Volvo can even detect people and other hazards before you do.

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20:42 Teslarati.com Tesla Cybertruck AWD is a steal at $60k, is it still at $75k? Full Review

Tesla Cybertruck’s three configurations are all the same on the outside from an appearance perspective, but they differ slightly in price, range, performance, and other features. After yesterday’s price adjustment, Tesla’s Base All-Wheel-Drive Cybertruck is now priced at $74,990, a far cry from the $59,990 it started at several months ago. At $60,000, the Cybertruck […] The post Tesla Cybertruck AWD is a steal at $60k, is it still at $75k? Full Review appeared first on TESLARATI.

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20:41 InsideEVs.com Hyundai’s New Santa Fe Will Go Electric And Keep The Gas Tank

The extended-range electric vehicle will be made in the U.S. at Hyundai’s Alabama plant.

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20:41 InsideEVs.com I Leased A BMW iX For Three Years. Here’s Why I Ended Up Buying It Out

I thought the iX would be a short-term commitment. But I wasn't ready to give it up.

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20:16 Yahoo Finance Ferrari (RACE) vs. Tesla (TSLA): Ferrari’s $40M EV Record Shows How Luxury Scarcity Beats Tesla’s Mass-Market Volume

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18:17 SeekingAlpha.com Hyundai plans a big hybrid push in the U.S.

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12:11 Yahoo Finance Archer Aviation vs. Joby Aviation: Which EV Aircraft Stock Is a Better Buy in 2026?

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12:08 Arxiv.org CS Hybrid Semantic Tool Discovery for Enterprise MCP Gateway: Architecture and Implementation

arXiv:2608.23992v1 Announce Type: new Abstract: Large language model (LLM) agents invoke external tools to retrieve and reason over information beyond pretrained knowledge. The Model Context Protocol (MCP) standardizes how such tools are surfaced, and a proxy MCP server aggregates many backend servers behind a single endpoint providing a secure, governable chokepoint for authentication, policy enforcement, and observability. This architecture creates two compounding challenges: a context-engineering bottleneck where full tool schemas saturate the model context window before any user query, and a tool discoverability barrier where users and agents cannot identify the best tool among 2,000+ indexed tools across 200+ MCP servers. Prompt caching reduces reprocessing cost but neither frees context capacity nor improves accuracy. We present SCOUT (Selective Context Optimization for Universal Tooling), which reframes tool exposure as a context-selection problem, injecting only tools relevant

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09:48 Car-Revs-Daily.com Citroën C5 Aircross Plug-In Hybrid: How It Performs After About 6,200 Miles

The post Citroën C5 Aircross Plug-In Hybrid: How It Performs After About 6,200 Miles appeared first on Car Revs Daily.

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08:31 Yahoo Finance Ford Motor (F) is Bringing Lincoln Production Home. Why is General Motors (GM) Walking Away From Its Battery Plant?

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06:22 HydrogenFuelNews.com NEDO & Kyoto University Fast-Track Hydrogen Fuel Cell R&D with BL34XU Beamline

NEDO and Kyoto University are building BL34XU, the world’s first hydrogen-focused beamline at SPring-8-II, to slash R&D cycles and accelerate hydrogen fuel cell and electrolysis research.

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06:22 HydrogenFuelNews.com UKRI Unveils £28 Million Ultra-Long Duration Energy Storage Challenge to Accelerate Hydrogen Storage and Advanced Batteries

UKRI’s new £28 million Ultra-LDES Challenge backs 100-hour discharge systems—advanced batteries and underground hydrogen storage—to bridge multi-day renewable gaps.

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06:09 HydrogenFuelNews.com Hydrogen Infrastructure Expands in Béziers with 13 Solaris Fuel Cell Buses and Green Hydrogen Station

Béziers Méditerranée has rolled out 13 Solaris hydrogen buses and a 600 kg/day Qair station, forming a Corridor H2 node and showcasing integrated green hydrogen infrastructure.

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06:09 HydrogenFuelNews.com Green Hydrogen Infrastructure News: HYPERION Summit in Valladolid Advances Regional Projects

HYPERION’s fifth meeting in Valladolid brought eight European regions together to accelerate green hydrogen infrastructure, featuring CyLH2Valley pilots and policy workshops.

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06:09 HydrogenFuelNews.com Dongfeng Liuzhou and CATL Enhance Commercial Vehicle Battery Standards and Hydrogen Fuel Cell Integration

Dongfeng Liuzhou Motor and CATL deepen their partnership with a five-year pact to standardize commercial vehicle batteries, pioneer a battery bank model and integrate hydrogen fuel cell vehicles.

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06:09 HydrogenFuelNews.com Green Hydrogen-driven Synthetic Aviation Fuel Demonstration Plant Debuts at PSI

Metafuels and PSI have launched an end-to-end Power-to-Liquid demo plant in Villigen, Switzerland, producing 50 L/day of synthetic aviation fuel from green hydrogen and CO₂ under one roof—marking a key step toward scalable e-SAF.

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04:40 Car-Revs-Daily.com Lucid Cosmos: Up to 405 Miles of Range for Under $45,000 — A New Challenger to the Tesla Model Y

The post Lucid Cosmos: Up to 405 Miles of Range for Under $45,000 — A New Challenger to the Tesla Model Y appeared first on Car Revs Daily.

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01:52 InsideEVs.com Can Tesla FSD Take You Up The Steepest Dirt Road In America All By Itself?

It turns out that FSD is surprisingly capable even when the pavement disappears.

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00:22 InsideEVs.com I Went To Toyota’s Employee Electrification Training. Here’s What Surprised Me

Just because you work at a car company doesn’t mean you’re a car nerd. For some employees, almost everything was new information.

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25.08.2026
23:56 Electrek.co Future EVs could get more range from this tiny TI sensor

A tiny new sensor from Texas Instruments (TI) could help future EVs squeeze more range from their batteries while delivering smoother acceleration and less motor noise.

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23:31 Yahoo.com Business Enovix (ENVX) Plans to Double Drone Battery Capacity. Is a $183M Pipeline Enough to Justify the Expansion?

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20:54 InsideEVs.com Tesla Just Made The Cybertruck An Even Tougher Sell

The cheapest Cybertruck is now nearly double the projected starting price Tesla pitched in 2019.

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20:54 InsideEVs.com Waymo Is Headed To Germany

Waymo will begin mapping the streets of Munich in the next few weeks. Service should start next year.

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19:47 InsideEVs.com The Electric Land Rover Defender Just Got Delayed By Two Years: Report

The U.S. will get a version co-developed with Jeep's parent company, Stellantis.

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18:55 CARandDriver.com 2027 Lexus ES vs. Toyota Crown: What's the Better Hybrid Luxury Sedan to Buy?

Sometimes the luxury option isn't the car wearing the luxury badge.

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18:41 InsideEVs.com Tesla's FSD Lite Seems To Have A Hard Time Seeing Trees And Logs

Two different users on X posted videos of their cars failing to see downed trees in the middle of the road.

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17:49 Electrek.co I tested this lithium-ion battery charging cabinet as the safest place to charge your e-bike batteries

One of the most common questions I get from readers isn’t just about speed or range anymore. Increasingly, I’m hearing more questions about battery safety. People see the occasional viral video of an e-bike battery fire and wonder if they should be worried about charging their battery in the garage, apartment, or workshop. The reality is that quality lithium-ion batteries from reputable manufacturers are remarkably safe, but when failures do occur, they can be dramatic enough that many riders want an extra layer of protection. That’s where products like Yolin’s lithium-ion battery charging cabinet come in. I recently spent some time testing the cabinet, and while I admittedly wasn’t sure what to expect going in, I came away more impressed than I anticipated.  

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17:49 Electrek.co BMW i3 Touring captured on video for the first time [Video]

With the sedan version now on sale, the new BMW i3 Touring was captured for the first time with its wagon tail on display.

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16:15 Yahoo Finance Forget EV Sales: This Is the Number That Could Decide Tesla’s Future

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14:41 AutoSpies.com WATCH: Tesla Running FSD V14 On Older Hardware Fails Miserably After Not Seeing A Tree On The Road

AutoSpies.com - Protecting car buyers everywhere.

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08:42 Car-Revs-Daily.com Hyundai Ioniq V: New electric sedan starting at $16,500

The post Hyundai Ioniq V: New electric sedan starting at $16,500 appeared first on Car Revs Daily.

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07:47 Arxiv.org CS Improving O-RADS Risk Stratification from Ultrasound Reports: A Comparative Evaluation of Hybrid versus End-to-End LLM Reasoning Strategies

arXiv:2608.23061v1 Announce Type: new Abstract: Background: Automating clinical guideline-based decision-making with large language models (LLMs) remains challenging because of reliability, hallucination, and limited interpretability. We compared the performance of LLMs and reasoning strategies for automated Ovarian-Adnexal Reporting and Data System (O-RADS) classification from free-text pelvic ultrasound reports. Methods: In this retrospective study, consecutive patients with ovarian masses who underwent pelvic ultrasound were included. Eight LLMs were tested with three reasoning strategies: implicit-knowledge end-to-end, rule-informed end-to-end, and a feature-based hybrid architecture that decoupled feature extraction from rule-based classification. The reference standard was O-RADS categorization established by expert consensus. Results: A total of 310 women with 390 ovarian masses were evaluated. The feature-based hybrid architecture using Gemini 3.6 Flash demonstrated the best

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02:19 TheNextWeb.com Europe’s EV share hit 25% in July as sales jumped 51%

Electric cars took a 25% share of European registrations in July, with sales up 51% year on year against 4.1% growth for the market as a whole. Chinese brands took 34% of plug-in hybrid sales, a segment EU countervailing duties do not currently cover. Electric cars have stopped being a minority interest in Europe. Registrations […] This story continues at The Next Web

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02:18 Yahoo.com Business Archer Aviation vs. Joby Aviation: Which EV Aircraft Stock Is a Better Buy in 2026?

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01:39 InsideEVs.com Genesis' First Few EVs Didn't Blow Me Away. The GV90 Flagship Did

Genesis' EV efforts got off to a slow start. But the GV90 is here to fix that.

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01:39 InsideEVs.com Xiaomi Unveils Custom Chip For Driver-Assist Features

Xiaomi revealed new powerful in-house chips this week that will power everything from cell phones to electric cars.

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01:39 InsideEVs.com The Mercedes CLA 350 4Matic Destroys EPA-Rated Range With Shocking Efficiency

The new Mercedes EV went close to 400 miles in a recent 70 mph range test.

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01:39 InsideEVs.com Polestar Still Has No Idea Why The U.S. Govt. Kicked It Out

The automaker was stripped off its authorization to sell cars in the U.S. model year 2027 onward.

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00:47 Electrek.co Tesla ‘Robotaxi’ sold a 66-minute 2.3-mile ride and left a rider 3 miles from his destination

Tesla’s “Robotaxi” service is racking up a wave of terrible rider experiences in Texas — and the complaints are increasingly coming from Tesla’s own fans and ambassadors. A self-described “Tesla Ambassador” says the service quoted him 66 minutes for a 2.3-mile trip and left him to call an Uber, while a four-time Tesla owner has logged a string of missed pickups and drop-offs left blocks — sometimes miles — from the destination.

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24.08.2026
21:56 InsideEVs.com Wawa Is Getting Its Own Brand Of EV Chargers (Kind Of)

This is what happens when a charging giant and a gas/sandwich giant team up.

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21:56 InsideEVs.com More EV Owners Can Now Get Paid To Power California’s Grid

The new Chevy Bolt EV and Kia EV9 are among a bunch of new EVs capable of vehicle-to-grid power sharing.

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20:38 Car-Revs-Daily.com Not Range or Chargers: The Real EV Problem Is Garage Clutter

The post Not Range or Chargers: The Real EV Problem Is Garage Clutter appeared first on Car Revs Daily.

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19:32 Yahoo Finance Marvell, Micron, SpaceX, XPeng, Tesla, Moderna, and More Stocks That Explain Today’s Market

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18:26 Electrek.co BYD opens orders for its new flagship EV with over 1,000 km of range for under $40,000

BYD opened orders for the Great Han, its new flagship electric sedan that can drive over 1,000 km (621 mi) on a single charge, starting at under $40,000.

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17:09 Yahoo.com Business Tesla Cybercab to launch Sept. 3rd as robotaxi bet ramps up

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16:29 InsideEVs.com Europe’s EV Sales Explode, Now Making Up A Quarter Of New Cars

Rising fuel prices are convincing more and more Europeans that electric cars are worth it in the long run.

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14:57 Yahoo.com Business Amazon Could Be Worth More Than Tesla and SpaceX Combined by 2030. Here's the Math.

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14:44 Yahoo Finance Amazon Could Be Worth More Than Tesla and SpaceX Combined by 2030. Here's the Math.

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14:31 Yahoo.com Business Mitsubishi’s Outlander PHEV makes ASEAN debut in the Philippines

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14:03 InsideEVs.com Walmart's EV Charging Network Just Hit A Big Milestone: 100 Stations In 20 States

The retail giant is ramping up installations, with the latest station opened at the Walmart Supercenter in Monument, Colorado.

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12:18 Yahoo Finance Samsung SDI to sell part of its stake in Samsung Display

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10:45 InsideEVs.com Rivian EVs Are Getting A Software Update That Makes It Easier To Dodge The Cops

It’s part of a big upgrade that’s coming to all Rivian passenger EVs, even the first-gen R1. Just don’t expect CarPlay.

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08:34 KoreaTimes.co.kr EcoPro BM begins overhaul of Hungary plant to target European EV market

EcoPro BM has begun converting its Hungary plant to produce high-nickel cathode materials for European premium electric vehicles (EVs), as the battery materials maker moves to deepen its foothold with global automakers. The company said Monday that it is modifying an existing nickel-cobalt-aluminum (NCA) production line at the plant to also manufacture nickel-cobalt-manganese (NCM) materials, with shipments to European customers expected to begin in the fourth quarter of 2027. The conversion is expected to require about 40 billion won ($29 million), according to the company. EcoPro BM outlined its European business plans at an investor briefing at NH Investment & Securities’ headquarters in Seoul on Friday, saying it had begun investing in the plant’s conversion to supply high-nickel cathode materials to a German premium automaker. The Debrecen plant, which began commercial operations in the first half of this year, has an annual production capacity of 54,000 tons and currently

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01:16 Yahoo Finance Tesla Maintained Its Majority of the U.S. EV Market in Q2, but That's Not All You Need to Know

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01:16 Yahoo.com Business Tesla Maintained Its Majority of the U.S. EV Market in Q2, but That's Not All You Need to Know

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00:38 Car-Revs-Daily.com Paid €122,000 for a Luxury Electric Car, Drove Only 600 km, Sold Within a Month After No Charger, Lost €16,000

The post Paid €122,000 for a Luxury Electric Car, Drove Only 600 km, Sold Within a Month After No Charger, Lost €16,000 appeared first on Car Revs Daily.

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23.08.2026
21:46 Car-Revs-Daily.com MG4 EV Urban (Premium): First Drive Review – Does Driving Pleasure Live Up to the Hype?

The post MG4 EV Urban (Premium): First Drive Review – Does Driving Pleasure Live Up to the Hype? appeared first on Car Revs Daily.

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19:06 Yahoo.com Business As Toyota RAV4 Plug-In Surges, GM Eyes A Chevy Volt Sequel

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18:38 HydrogenFuelNews.com Hydrogen Infrastructure: Moorburg H2-Connector Underway to Link Green Hydrogen Production to HH-WIN Network

Hamburger Energienetze has started constructing the H2-Connector at Moorburg, linking a 100 MW green hydrogen electrolyser with Hamburg’s HH-WIN network and the national hydrogen grid.

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18:38 HydrogenFuelNews.com Green Hydrogen Production: German Mission Targets Electrolysis, Storage and Pipeline Conversion in Algiers

A German delegation led by energiewaechter GmbH and AHK Algérie visits Algiers to advance green hydrogen production and infrastructure—electrolysis, desalination, storage and pipeline conversion—under the SoutH2 Corridor plan.

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18:12 HydrogenFuelNews.com Hydrogen Storage and Infrastructure: How Ammonia Catalysts Advance Green Hydrogen Production

Prof. Li’s team at PolyU has developed nanostructured cobalt catalysts to crack ammonia into hydrogen more efficiently, powering a fuel cell golf cart and pointing to a scalable hydrogen storage and infrastructure solution.

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17:59 HydrogenFuelNews.com Green hydrogen production: Bavaria forges Moroccan partnership to boost hydrogen infrastructure

Bavaria is forging a hydrogen import corridor with Morocco, leveraging PAREMA, a 100 MW MASEN electrolyser and an OCP-backed ammonia unit to secure competitive green hydrogen for its industry.

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17:59 HydrogenFuelNews.com Hydrogen News: Towngas Advances Hydrogen Infrastructure for Hong Kong Construction Sites and Data Centres

Towngas is deploying compact hydrogen power units for Hong Kong construction sites and data centres, leveraging local partnerships to supply green hydrogen and reduce on-site emissions while aligning with government hydrogen policies.

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15:23 Egyptian-Gazette.com Egypt advances 4,000 MWh battery storage projects to support energy transition

Battery-based electricity storage projects are a key pillar of grid stability, flexibility and reliable power supply as Egypt advances its energy transition and expands its reliance on renewable energy, Minister of Electricity and Renewable Energy Mahmoud Esmat said on Sunday. Esmat made the remarks during a meeting with Huawei Egypt CEO Benjamin Hou and his […] The post Egypt advances 4,000 MWh battery storage projects to support energy transition appeared first on Egyptian Gazette.

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09:37 Car-Revs-Daily.com Norway Confirms It Remains the Electric-Car Paradise as July EV Sales Hit 10,000, While Only 200 Gasoline or Diesel Cars Were Sold

The post Norway Confirms It Remains the Electric-Car Paradise as July EV Sales Hit 10,000, While Only 200 Gasoline or Diesel Cars Were Sold appeared first on Car Revs Daily.

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08:59 Yahoo Finance Tesla Controls 59% of the U.S. EV Market -- Its Highest Share Since 2023

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07:41 Yahoo Finance Stock Market Today, Aug. 21: Tesla Gains on Nevada Robotaxi Permit Approval

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05:45 Yahoo Finance Moderna, Robinhood, Marvell, Tesla, SpaceX, and More Stocks That Explain Today’s Market

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04:28 Yahoo Finance Tesla vs. SpaceX: Which Musk Stock Offers the Better Bet on the Future?

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22.08.2026
20:40 AutoSpies.com DIE HARD Mainstream Auto Writer Is JUST Figuring Out Tesla FSD Is 50 Levels Above Anything Else? What's Next? He Reviews An iPhone?

AutoSpies.com - Protecting car buyers everywhere.

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19:35 TheNextWeb.com The company that just opened America’s newest battery plant says solid-state cars are a decade away

LG Energy Solution says the unsolved problem in solid-state batteries is making large cells at scale, and expects the technology to reach smartphones roughly a decade before electric vehicles. Europe’s first solid-state gigafactory broke ground in France in February. The company that has just opened America’s newest battery plant does not think solid-state cells are […] This story continues at The Next Web

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18:55 Yahoo.com Business Tesla's Model Y L Is Coming to America. Will It Reignite Sales Growth?

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18:00 InsideEVs.com 'Most Companies Are Struggling': Executive Shares An Uncomfortable Truth About Solid-State EV Batteries

Korean battery giant LG Energy Solution said key challenges in solid-state battery development remain.

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16:30 InsideEVs.com This New All-In-One Range Extender Is Ready To Go Into Any Electric Truck

Mahle says its new range extender can fit in the same space as a battery module, increasing driving range to roughly 500 miles.

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16:05 Yahoo Finance Bloom Energy Calls Its Fuel Cells "Lego Blocks." Here's Why That Word Choice Is the Whole Investment Thesis.

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12:37 Jalopnik.com Here's How Much A 2021 Chevrolet Bolt EV Has Depreciated In 5 Years

The Chevy Bolt took a brief hiatus, but now it's back as a practical EV hatchback. But what if you want to save some cash and go with an older used model?

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06:18 Yahoo Finance Hormuz Oil Crisis Accelerates Global EV Sales

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01:40 Yahoo.com Business Tesla Controls 59% of the U.S. EV Market -- Its Highest Share Since 2023

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21.08.2026
22:32 CNBC top news Tesla recalls 3 million vehicles in China over doorhandle safety, driver monitoring

Tesla will voluntarily recall about 3 million of its vehicles in China to address doorhandle safety concerns and deficient driver monitoring systems.

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21:02 DigitalTrends.com BYD’s $37,000 Da Han EV offers range and features usually reserved for luxury cars in the US

BYD's flagship Da Han sedan starts under $37,000 in China with over 1,000 km of claimed range, LiDAR assistance, and air suspension.

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21:01 InsideEVs.com Inside The $2 Billion Battery Factory Making Cells For Tesla And Toyota

I toured a battery gigafactory where executives discussed solid-state batteries, sodium-ion technology, and more.

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21:01 InsideEVs.com Chinese Regulators Recall Millions Of EVs Because Their Mechanical Door Handles Are Too Hard To Find

It's not enough to have a mechanical backup for your electronic handles. It also has to be easy to spot in an emergency.

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20:48 DigitalTrends.com Volkswagen launches $13,400 ID. Era 5S with 160km electric range

Volkswagen’s new ID. Era 5S starts at around $13,400 in China and combines plug-in hybrid power with up to 160km of electric-only range.

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16:06 InsideEVs.com Nevada Opens The Door To Thousands Of Paid Robotaxis, And Tesla Has The Edge

Tesla, Waymo, and Uber got the green light to start charging for robotaxi rides in the county that’s home to Las Vegas.

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14:33 Yahoo.com Business Bloom Energy Calls Its Fuel Cells "Lego Blocks." Here's Why That Word Choice Is the Whole Investment Thesis.

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14:07 Yahoo Finance LG Energy Solution Starts Production at 35-GWh Michigan Battery Plant

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13:40 Yahoo Finance EXCLUSIVE: Ross Gerber Says Tesla Could ‘Double’ Sales Without Elon Musk, Warns Investors on SpaceX Merger

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12:58 InsideEVs.com Hyundai And Genesis EVs In The U.S. Get A Big Discount At Ionna Chargers

Thanks to two stackable discounts, owners can enjoy some of the cheapest EV fast chargers in the country.

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11:08 Arxiv.org Physics Excitation of the lower-hybrid drift instability in the outflow of electron-only magnetic reconnection

arXiv:2608.20299v1 Announce Type: new Abstract: We report experimental evidence for the lower-hybrid drift instability in the current sheet normal direction of electron-only magnetic reconnection. In our laser-driven capacitor-coil experiment, the system size ($\sim$3 ion skin depths) places it in the electron-only regime. Yet, Thomson scattering reveals out-of-plane electron drift oscillations at the local lower-hybrid frequency, with kinetic energy density reaching $\sim$18% of the local magnetic energy density. Linear theory with the measured parameters predicts more than ten e-folding times of growth, indicating that the instability reaches the nonlinear regime within the measurement window. Supported by particle-in-cell simulations, these results demonstrate the importance of ions in the dissipation and energy transfer in electron-only reconnection where their significance has not been previously recognized.

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10:57 KoreaTimes.co.kr Samsung SDI to sell Samsung Display stake for $3.2 bil. to fund investments

Samsung SDI, the battery-making arm of Samsung Group, said Friday it will sell part of its stake in Samsung Display to raise funds for future growth investments. Samsung SDI said in a regulatory filing that it will transfer 13.088 million shares in Samsung Display to the display maker, representing about 33 percent of its holdings. The shares are valued at about 4.45 trillion won ($3.2 billion). Once the transaction is completed, Samsung SDI's stake in Samsung Display will fall to 10.2 percent from 15.2 percent. Samsung SDI did not disclose specific plans for using the proceeds, but the funds are expected to be used for facility investments, including its battery plant under construction in New Carlisle, Indiana. The stake sale is seen as reaffirming Samsung SDI's commitment to expanding investments to build a foundation for medium- to long-term growth as the company works to improve its earnings. Demand for energy storage systems and uninterruptible power supply systems has been

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10:45 Yahoo.com Business Samsung SDI says to sell $3.2 billion worth of Samsung Display shares back to display maker

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09:50 InsideEVs.com Aptera Reveals The Secret To Building Its Solar EV: China

The California startup has partnered with a design-for-manufacturing company to supercharge its solar EV production plans.

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09:24 Yahoo Finance Why battery storage costs fell so fast in 2024 and 2025

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08:19 Yahoo Finance Here Is How to Play Tesla Stock After Its Robotaxi Breakthrough

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