Business

Image Credit: Hyundai Hyundai’s Business Expansion South Korean automaker Hyundai has revealed a sweeping expansion plan, committing $21 billion to its U.S. operations by 2030. The announcement comes just days after former U.S. President Donald Trump signaled a potential return to stiff tariffs on imported cars, should he secure a second term in the White […]

Image Credit: Northvolt Northvolt EV Battery Firm Despite obtaining over $15 billion from big investors like Goldman Sachs, BlackRock, and Volkswagen, Swedish battery producer Northvolt has filed for bankruptcy, therefore severely hurting the electric vehicle (EV) sector. The fall of the company emphasizes the continuous difficulties Europe’s aim to create a self-sufficient EV battery industry […]