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2 mins read
Gazans are facing severe water and electricity shortages under Israeli airstrikes
Gazans are now down to about five hours of electricity use a day and about half their normal supply…
Yelena Dzhanova
2 mins read
Foxconn, Apple's biggest supplier, is the latest company to be impacted by the global shortage of microchips
Companies around the world - and across many sectors - are grappling with a shortage of the vital e…
Grace Kay
1 min read
Ford will temporarily shut 8 factories and cut production of its F-150 pickups and Mustang due to the global chip shortage, a report says
Ford told CNBC is would cut production of its cars, including its Ford Mustang, Bronco Sport SUV, a…
Anna Cooban
2 mins read
Rivian CEO warns the looming EV battery shortage will make the chip shortage feel like 'a small appetizer' for what's to come
Tesla CEO Elon Musk has warned battery cell supplies could become a major issue and has said Tesla …
Grace Kay
1 min read
China catches hundreds of banned crypto miners stealing electricity amid energy crisis
Banned crypto miners reportedly siphoned electricity from public agencies and universities during a…
Carla Mozée
2 mins read
No more power cuts from 2018?
According to Central Electricity Authority's latest monthly report for April, the energy short…
2 mins read
IEA chief warns of summer fuel shortages and a triple energy crisis that will outstrip the oil shocks of the 1970s
"We have an oil crisis, a gas crisis and an electricity crisis simultaneously," the International E…
George Glover
2 mins read
Production of Audi's electric e-Tron SUV is on pause due to a battery shortage - and it shows why Tesla and GM are spending billions on battery factories
To increase control over their battery supply and drive down costs (the battery pack is the most ex…
Mark Matousek
1 min read
The chip shortage could be just about done pummeling the auto industry, experts say — so cars may get a whole lot cheaper in 2023
The chip shortage has pummeled the auto industry for years, but experts say that could be coming to…
Alexa St. John
2 mins read
Tesla CEO Elon Musk says the auto chip shortage is like the toilet paper frenzy last year, only worse
Elon Musk said the shortage is pushing a buying frenzy that is only making the issue worse. Tesla i…
Grace Kay
2 mins read
Tesla could soar 32% in the next year as chip-shortage woes subside and global demand rebounds, Wedbush says
One of Wall Street's biggest Tesla bulls is doubling down on his optimism for the stock despite 202…
Emily Graffeo
1 min read
Ford drops 12% as earnings fall short and automaker warns of continuing shortage in key chip components
Despite the disappointing quarterly results, the second-largest US automaker issued an optimistic f…
Phil Rosen
2 mins read
Nio reverses losses, jumps 6% after record 1st-quarter deliveries outweigh chip-supply shortages
"Demand for our products continues to be strong, but the supply chain is still facing significant c…
Matthew Fox
2 mins read
GM and Ford are warning investors of billions in lost earnings this year due to the global chip shortage
GM posted healthy profits for 2020, but warned that it stands to lose billions in earnings as the c…
Tim Levin
3 mins read
Car companies can't build enough electric cars to keep up with booming demand
Anyone looking to switch to an electric vehicle should prepare for a long wait. Several automakers …