In freezing temperatures, the batteries of electric vehicles can be less efficient and have shorter range, a lesson many Tesla drivers in Chicago learned this week.
Category: Europe
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Flush With Investment, New U.S. Factories Face a Familiar Challenge
Worries are growing in Washington that a flood of Chinese products could put new American investments in clean energy and high-tech factories at risk.
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World Bank Warns of Energy Price Surge if Mideast War Spreads
A new economic report predicted a year of weak growth and said the world faced a decade of “wasted opportunity.”
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In Europe, a Rail Renaissance is Underway
Amid concerns about climate change, demand for rail service is strong, and both governments and private investors are trying to keep up. Even Eurostar may see competition on its London-Paris route.
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Red Sea Shipping Halt Is Latest Risk to Global Economy
Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
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BYD, a Chinese Electric Car Giant, to Build a Plant in Hungary
The announcement underscores the threat to European and U.S. automakers posed by Chinese electric-vehicle manufacturers.
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Iceland Volcano Eruption: What to Know About Risks and Air Travel
The eruption on the Reykjanes Peninsula sent lava gushing into the night sky. Air travel did not appear to be affected.
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European Central Bank Leaves Rates Unchanged as Price Pressures Ease
Although the inflation rate has fallen to 2.4 percent, the bank said economic growth was expected to remain “subdued” in the short term.
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E.U. Moves to Tap Frozen Russian Assets to Help Ukraine
A plan to use interest earned on frozen Russian central bank assets could provide up to 15 billion euros for Ukraine, but faces hurdles before final approval.
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Artificial Intelligence Experts Agree That It Needs Regulation. That’s the Easy Part.
Participants in a task force on artificial intelligence at the DealBook Summit grappled with how to balance oversight of the technology with innovation.
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E.U. Relaxes Trade Rules on Electric Cars From Britain
The British and European car industries had lobbied for a delay in a measure that would have added costly tariffs to many electric vehicles.