Meta Platforms Ireland Limited (Meta IE) was issued a 1.2 billion euro fine by the Irish Data Protection Authority (IE DPA). This fine, which is the largest GDPR fine ever, was imposed for Meta’s transfers of personal data to the U.S. The EDPB found that Meta IE’s infringement is very serious since it concerns transfers …
Jo De Boeck, Executive Vice President and Chief Strategy Officer, imec & KU Leuven, Leuven, Belgium talked about the EU Chips Act and roadmaps and challenges that the EU sees for future computing. He notes that the next generation AI model GPT4 will likely be 500 times larger than OpenAI GPT3 (basis for ChatGPT). Brian …
Tesla cut the prices of their cars in the USA and Europe by up to 23%. This ensures that all by the Model Y performance will get the $7500 tax credit in the US. This price cut and the tax credit means the Model Y is selling for $22,000 less and the Model 3s are …
Here is an analysis of the available information for the electric Semi trucks that are currently available. I could not find detailed pricing for many of the electric semi-trucks because they have variable pricing based upon the location and situation. I believe they adjust prices based upon the available incentives. There are huge $185k incentives …
The Global Large and Semi truck market is 4 million trucks per year. From 2016 to 2020, China’s heavy truck sales surged from 728,000 units to 1,617,000 units, hitting new records for the consecutive four years. In 2021, a combination of factors such as sluggish freight market and demand overdraft led to an annualized 14.1% …
China has been the factory for the world for the past two to three decades but President Xi has made China too risky for business. There is potential for societal unrest in China with mass protests over Covid Zero and other policies. If you are maintaining a factory in China, you would want that factory …
EU foreign policy chief Josep Borrell said in a statement “Any deliberate disruption of European energy infrastructure is utterly unacceptable and will be met with a robust and united response.” Josep said that All available information indicates those leaks are the result of a deliberate act,” Three leaks were reported on the Nord Stream 1 …
A Foreign Military Sales order from the U.S. Army worth up to $1.148 billion will deliver 250 M1A2 SEPv3 Abrams main battle tanks to Poland by 2025. Poland has ordered 980 South Korean K2 Black Panther tanks, 648 K-9 Krab self-propelled howitzers, and 48 FA-50 advanced trainer/light fighter aircraft. Poland will import the first batch …
China GDP was negative 2.6% in the April-June period on a quarter-over-quarter basis but was +0.4% expansion compared to the second quarter of 2021. It was China’s worst quarterly performance since a 6.9% contraction in the first three months of 2020 as the country locked down the city of Wuhan, where the new coronavirus was …
Bloomberg has predicted that Volkwagen Group will outsell Tesla for battery electric vehicles in 2024 and 2025. This is utterly ridiculous. They project Tesla will cap out at 2.3-2.5 million per year car sales. Tesla will have a runrate of 800k cars in China annualized with no shutdowns and 600k in Fremont. They will get …
There is a lot of confusion and misinformation when we look at electric vehicle competition. There are many common mistakes or problems in reported EV data and analysis. * there is the inclusion of plug in hybrid vehices with battery electric vehicle sales Plug in hybrids (PHEV) have combustion engines. Norway has seen PHEV sales …