As the war in Iran continues to engulf the Middle East and the Strait of Hormuz stays closed, one of the most visible global economic ripple effects has been fossil-fuel prices. In particular, you can’t get away from news about the price of gasoline, which just topped an average of $4 a gallon in the…
I live in a dense city with plentiful public transportation options and limited parking, so I don’t own a car. I’m often utterly clueless about the current price of gasoline. But as the conflict in Iran has escalated, fossil-fuel prices have been on a roller-coaster, and I’ve started paying attention. In the US, average gas…
Qichao Hu doesn’t mince words about how he sees the state of the battery industry. “Almost every Western battery company has either died or is going to die. It’s kind of the reality,” he says. Hu is the CEO of SES AI, a Massachusetts-based battery company. It once had aims of making huge amounts of…