Technology
Electric car prices could go up even as fuel prices soar
As US fuel costs hit file highs within the wake of Russia’s invasion of Ukraine, it looks like electrical autos might not be a protected haven for these trying to save cash. That’s as a result of Russia performs an essential half within the manufacturing of the nickel that results in batteries utilized by many electrical autos — a steel that’s rocketed up in price even sooner than oil.
On February twenty fifth, nickel was buying and selling on the London Metallic Trade for round $24,000 a ton, in keeping with The Wall Avenue Journal. By March eighth, it was buying and selling at $80,000 (down from a peak of over $100,000), and the London Metallic Trade had suspended buying and selling. There are just a few causes for the large uptick in value — as a result of it’s 2022, there are financial shenanigans concerned, however it’s additionally not possible for the market to disregard the truth that an essential nickel producer is at warfare and going through a flurry of worldwide sanctions.
The transfer in nickel costs as we speak is by far the biggest-ever one-day improve within the six base metals (nickel, tin, copper, aluminum, zinc, lead) traded on the London Metallic Trade pic.twitter.com/m9ZqdTcBM6
— Nat Bullard (@NatBullard) March 7, 2022
In terms of mining nickel, Russia isn’t an enormous participant. In line with the WSJ, the nation provides as much as 6 % of the world’s nickel. (For context, that places it a distant third behind Indonesia and the Philippines, in keeping with a datasheet from the US Geological Survey (pdf).) However Russia’s position in producing the battery-grade nickel utilized in EVs is a distinct story — in a Twitter thread breaking down the issue, the CEO of Benchmark Mineral Intelligence says 20 % of that offer comes from a single Russian firm.
Norilsk general accounts for 7% of all in nickel provide. However EV makers, auto OEMs and battery cell producers will scared of dropping 20% of a market with costs already at decade lengthy highs.
— Simon Moores (@sdmoores) February 24, 2022
Automakers are, in fact, conscious of nickel’s shortage. Elon Musk, CEO of Tesla, tweeted in late February that the EV firm plans to shift its commonplace distance vehicles away from nickel-hungry lithium-ion battery cells. Calling nickel the corporate’s “largest concern for scaling,” he stated that Tesla will probably be transferring to iron cathode tech, however it’s arduous to inform how lengthy that course of will take. It additionally doesn’t assist with the extra fascinating long-range fashions. In line with Bloomberg and Reuters, nickel costs have been already changing into an issue for EV producers even earlier than the invasion.
(Final week, Musk additionally tweeted that the world wanted to supply extra oil and fuel to make up for what it had been getting from Russia.)
It’s not not possible to make batteries with out nickel — Volkswagen and different automakers are trying into different battery applied sciences that don’t use it or cobalt (the value of which has additionally been on the rise), in keeping with Reuters.
However, like vitality coverage, battery manufacturing and integration is a giant ship for automakers to show round — if the costs of nickel and different metals keep up, it’ll be a race to modify to different tech earlier than the shockwaves of upper costs and sanctions make their manner by the provision chain. If automakers don’t make the shift rapidly, it may put EVs even additional out of attain for many Individuals, at a time when fuel costs are making them look higher than ever.
/cdn.vox-cdn.com/uploads/chorus_asset/file/24992630/236828_Pixel_Watch_2_AKrales_0830.jpg "You can slap a Pixel Watch 2 on your wrist for just 4 right now"){kind=tracking}
The Pixel Watch 3 may be the shining refinement Google’s wearable lineup needed, but the last-gen Pixel Watch 2 is still a great buy. That’s especially true when you can get it for as low as $224 ($26 off) — which is the watch’s current starting price at both Amazon and Best Buy.
Although the Pixel Watch 3 introduces a host of solid improvements — including a bigger and brighter display, a new 44mm size, AI-generated workout suggestions, and offline Google Maps — the second-gen Pixel Watch is still a looker. It only comes in one size (41mm), and the usable display area is only about 10 percent smaller than the third-gen model. It also uses the same Qualcomm Snapdragon Wear W5 Gen 1 chip, though it lacks the ultra wideband chip that lets you unlock nearby Pixel devices and select BMW vehicles.
Overall, performance between the two is similar and battery life on the 41mm models is about the same, averaging about 24 hours per charge. With the Watch 2, you’re only really missing out on the new workout features (other once-exclusive Wear OS 5 features have started to trickle down to the Watch 2), plus a screen that’s said to be twice as bright. If you don’t feel those Watch 3 traits are worth the $350 starting price, we’d still happily recommend picking up the older model.
Welcome to Fox News’ Artificial Intelligence newsletter with the latest AI technology advancements.
IN TODAY’S NEWSLETTER:
– ‘Fargo’ creator warns AI is a threat, ‘we’ve got a fight on our hands’
– AI will tamp down inflation, provide greater ‘social safety net,’ Silicon Valley businessman says
– Man paralyzed in diving mishap has medical miracle a year after getting AI-powered brain implant
Noah Hawley attends the premiere of FOX’s “Lucy In The Sky” at Darryl Zanuck Theater at FOX Studios on Sept. 25, 2019, in Los Angeles. (Tibrina Hobson/WireImage)
READY FOR BATTLE: “Fargo” series creator Noah Hawley is wary of the good and bad in artificial intelligence.
AI OPTIMISM: A prominent Silicon Valley businessman and venture capitalist believes artificial intelligence can spur deflation and create enough growth to help those whose jobs will be lost to the technology.
MEDICAL MIRACLE: A New York man who was left paralyzed after a diving accident is starting to regain movement a year after receiving an artificial intelligence-powered implant in his brain.
Keith Thomas, who lives with paralysis, poses with the research team at Northwell Health’s Feinstein Institutes for Medical Research that worked with him for months to restore lasting movement and feeling in his arm and hand. The first-of-its-kind ‘double neural bypass’ system uses brain implants and artificial intelligence to allow signals to and from Thomas’ brain to bypass the site of his injury. (Northwell Health’s The Feinstein Institutes for Medical Research)
PUNTED: A federal judge on Wednesday blocked a California bill that outlaws AI-generated “deepfake” content and required the removal of “deceptive content” from social media.
A California law signed by Gov. Gavin Newsom was blocked by a federal judge. (Anadolu / Contributor)
Subscribe now to get the Fox News Artificial Intelligence Newsletter in your inbox.
FOLLOW FOX NEWS ON SOCIAL MEDIA
Facebook
Instagram
YouTube
Twitter
LinkedIn
SIGN UP FOR OUR OTHER NEWSLETTERS
Fox News First
Fox News Opinion
Fox News Lifestyle
Fox News Health
DOWNLOAD OUR APPS
Fox News
Fox Business
Fox Weather
Fox Sports
Tubi
WATCH FOX NEWS ONLINE
Fox News Go
STREAM FOX NATION
Fox Nation
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future with Fox News here.
/cdn.vox-cdn.com/uploads/chorus_asset/file/24007893/acastro_STK112_android_02.jpg "An Android feature now rolling out locks your screen if your phone is swiped")
Google is rolling out a new set of features aimed at making it less easy for thieves to access your data. That’s according to Mishaal Rahman, who posted on Reddit that the features are showing up in a new update after seeing that his Xiaomi 14T Pro phone now has Theft Detection Lock and Offline Device Lock, two of three features Google announced in May. Others say they only see the third one, called Remote Lock.
The flashiest of the new features is Theft Detection Lock, which uses AI to lock your screen when it detects “common motion associated with theft,” like someone snatching your phone out of your hand. Meanwhile, Offline Device Lock locks a device’s screen when it’s offline for a while, and Remote Lock lets users lock their phone using only their phone number when they can’t log into Find My Device with their password.
So far, I’m not seeing any of the features on my own Pixel 6. You can see screenshots of the new features’ settings in the overnight Threads post from Rahman below.
Theft Detection Lock and Offline Device Lock are supported on any Android device running Android 10 and up, while you’ll need at least Android 5 for Remote Lock. If you don’t have the features yet, you can try updating Google Play Services, though Google tends to roll out new features over time, rather than to everyone at once, so, like me, you may have to wait.
Dallas Cowboys at Pittsburgh Steelers odds, picks and predictions
Down 25, No. 8 Miami storms back to shock Cal
Old North Church in Boston offers after-hours crypt tours in time for Halloween
Multiple Car Crash with Rollover Leaves Four Injured in Seattle’s Interbay Neighborhood – SPD Blotter
Colorado Mesa hands Colorado Mines first RMAC loss in three years with stunning fourth-quarter rally
Colorado Rockies game no. 116 thread: Zac Gallen vs José Ureña
See it: Tesla crashes into Columbus convention center at 70 mph
Fox News Politics: Georgia the whole day through
Death of missing Oregon girl found in stream ruled homicide
At least 2 dead as tornadoes hit Alabama, damage homes across Southeast
'Willful coverup': Democrat in key House race hit with ethics complaint that could derail campaign
DRC launches first mpox vaccination drive in efforts to curb outbreak
Hollywood declares state of emergency due to flooding ahead of heavy rain and Tropical Storm Milton
Speaker Johnson rips ‘lack of leadership’ in Biden admin's Helene response: 'alarmed and disappointed'
Israel hits Beirut’s southern suburbs with a dozen airstrikes
-
/cdn.vox-cdn.com/uploads/chorus_asset/file/25439572/VRG_TEC_Textless.jpg "Charter will offer Peacock for free with some cable subscriptions next year")
Technology3 days agoCharter will offer Peacock for free with some cable subscriptions next year
-
World3 days agoUkrainian stronghold Vuhledar falls to Russian offensive after two years of bombardment
-
World3 days agoWikiLeaks’ Julian Assange says he pleaded ‘guilty to journalism’ in order to be freed
-
Technology2 days agoBeware of fraudsters posing as government officials trying to steal your cash
-
Virginia4 days agoStatus for Daniels and Green still uncertain for this week against Virginia Tech; Reuben done for season
-
Sports1 day agoFreddie Freeman says his ankle sprain is worst injury he's ever tried to play through
-
Health14 hours agoHealth, happiness and helping others are vital parts of free and responsible society, Founding Fathers taught
-
News14 hours agoLebanon says 50 medics killed in past three days as Israel extends its bombardment