Data from the National Highway Traffic Safety Administration shows that battery related recalls now account for a growing share of electric vehicle safety actions in the US, even as overall EV fire incidents remain statistically rare compared with internal combustion vehicles.
The strategic recalibration underway at Korea’s leading battery manufacturers reflects a hard data point confronting the North American market. After years of capacity expansion tied to electric vehicle growth forecasts, US automakers are now pulling back.
As hydrogen projects face rising costs and a growing list of cancellations globally, new data from DNV’s Oil and Gas Decarbonisation in the Gulf Region report underscores why the technology remains strategically central in the Middle East.
By early 2026, Europe’s hydrogen sector had reached an inflection point. Project pipelines remained large on paper, but financing constraints, demand uncertainty, and delayed offtake agreements were forcing a reckoning across the value chain. Hyvolution 2026 in Paris offered a clearer signal of where the market is actually heading.
Wärtsilä and Abu Dhabi Maritime Academy have signed a five-year memorandum of understanding aimed at addressing structural barriers to sustainable maritime operations across the UAE and potentially the wider GCC.
Samsung SDI and Korea East-West Power have signed a memorandum of understanding at the StarPlus Energy facility in Indiana, marking a strategic collaboration aimed at accelerating energy storage system (ESS) deployment and renewable energy initiatives globally.
Tesla closed at $411.11 on February 6, gaining 3.5%, before extending modest overnight gains to $414.13. The company’s market capitalization hovers around $1.37 trillion, yet investor sentiment is increasingly influenced by Tesla’s pivot from a pure electric vehicle manufacturer to a vertically integrated energy and physical AI infrastructure platform.
Cummins Inc. has terminated its electrolyzer operations, abandoning a business segment that executives projected would generate $400 million in annual…
