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Industry

South Korea set to unveil plan to invest in up to eight U.S. nuclear reactors to meet AI power demand

South Korea will soon announce a large-scale energy investment plan in the United States to support the expansion of the U.S. AI industry, the Wall Street Journal reported. The plan would fund construction of up to eight nuclear reactors and natural gas power plants, and the total could exceed $100 billion. It follows a trade deal under which U.S. tariffs were cut and South Korea pledged investments and energy purchases.

Industry

U.S. automakers fall silent on EVs as China rolls out new models

U.S. legacy automakers have sharply reduced announcements and public references related to electric vehicles, prompting criticism that their EV strategies are effectively retreating. CleanTechnica reported that companies once issued far more EV press releases than their actual sales share. The shift is linked to Tesla’s rise, then weaker-than-expected market response and sales. The re-election of President Donald Trump has also increased policy pressure, encouraging firms to scale back programs or avoid comments.

Mobility

Trump may allow Chinese EVs in U.S. ahead of Xi talks, amid market-opening rumors

Rumors are circulating that U.S. President Donald Trump could allow Chinese-made electric vehicles to be sold in the United States as part of negotiations with China, Democratic Senator Elissa Slotkin said. She cited an expected Washington meeting with Chinese President Xi Jinping within weeks and called the idea a strategic mistake that could harm Michigan’s auto industry and 1,200,000 related jobs. Slotkin did not identify the source, and the White House has announced no plan to lower barriers.