Frenemies: "China May Be Exporting Two Pandas, But It Would Much Rather Export Millions Of Cars"

Iranian media reported on Sunday that Ayatollah Mojtaba Khamenei, the son of Ayatollah Ali Khamenei, who was killed on February 28, has been selected by Iran’s Assembly of Experts as the new supreme leader of the country. The younger Khamenei is 56 years old and is said to have close ties to Iran’s Islamic Revolutionary […]

Japan's Auto Giants Are Losing The EV Race To China Japan’s car industry is being forced into a major reset as Chinese automakers rapidly outpace traditional rivals in electric vehicles, software, and manufacturing speed, according to Nikkei. The shift is especially visible at Honda Motor. In 2021, CEO Toshihiro Mibe pledged that EVs and fuel-cell vehicles would account for all new Honda sales by 2040. Last week, however, he admitted the plan was “not realistic under the current circumstances,” formally backing away from the target. Nikkei writes that Honda’s retreat marks a sharp...

DOE Announces $171 Million For Geothermal Expansion The DOE released a Notice of Funding Opportunity offering up to $171.5 million for next-generation geothermal field tests and resource exploration.  The program targets field-scale demonstrations of enhanced geothermal systems (EGS) for electricity generation, along with drilling to characterize and confirm hydrothermal and next-gen prospects nationwide. The funding splits into two initial open topics: up to $100 million for EGS field tests and $71.5 million for exploratory drilling. Letters of intent are due March 27, with full applications due April 30. The move directly supports...