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1 In 4 Cars Sold Globally Is An Electric Vehicle

1 In 4 Cars Sold Globally Is An Electric Vehicle Electric vehicle adoption continues to accelerate worldwide, reaching new milestones in 2025. As Statista's Tristan Gaudiaut details below, according to the IEA Global EV Outlook 2026, published on May 20, global sales of electric cars, including plug-in hybrids, surpassed 21 million units last year, more than doubling since 2022, when annual sales first exceeded 10 million. As the chart shows, EVs now account for roughly one in four passenger car sales globally, meaning their market share climbed to 25 percent in 2025, up...
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Jun 3, 2026 / Tyler Durden
IBM Announces Five-Year, $10BN Quantum Investment
IBM Announces Five-Year, $10BN Quantum Investment IBM is set to invest more than $10 billion in quantum computing over the next five years. According to the company, the investment will cover R&D, capex, manufacturing scaling, ecosystem partnerships, and M&A; areas that IBM says will help accelerate its quantum roadmap beyond 2029, when it expects to deliver the world's first large-scale, fault-tolerant quantum computer. The announcement comes two weeks after the US government signed letters of intent with nine quantum computing companies, including IBM. That agreement will see IBM receive $1bn from the Department of...
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Jun 28, 2026 / Dave DeCamp
Axios: US and Iran Agree To Stop Striking Each Other
Axios reported on Sunday that the US and Iran have agreed to stop striking each other after several days of attacks across the Strait of Hormuz and that the two sides will meet for talks in Doha this Tuesday. So far, the story hasn’t been confirmed by the Iranian side, and an Iranian official said […]
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Apr 14, 2026 / Tyler Durden
Iran Mulls Hormuz Shipping Pause To Preserve Talks, Avoid Trump Blockade Showdown, As US Pushes 20-Year Nuclear Freeze
Iran Mulls Hormuz Shipping Pause To Preserve Talks, Avoid Trump Blockade Showdown, As US Pushes 20-Year Nuclear Freeze Summary Diplomacy is not yet dead, as Bloomberg reports Iran is mulling a short-term pause to shipments through Hormuz Strait, in order to avoid a fresh clash with US forces & avoid testing Trump's blockade. Mediators are scrambling to put together another round of US-Iran talks in the coming days: Iran is reportedly offering a 5-year moratorium on nuclear program, while US demands 20. Saudis are among those calling for an end to the US...
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