Boom of Electric Cars in Norway Causes Problem

An electric car is displayed at the stand of German carmaker Mercedes on March 3, 2015 during the press day of the Geneva Car Show in Geneva.FABRICE COFFRINI/AFP/Getty Images
An electric car is displayed at the stand of German carmaker Mercedes on March 3, 2015 during the press day of the Geneva Car Show in Geneva.FABRICE COFFRINI/AFP/Getty Images
TT

Boom of Electric Cars in Norway Causes Problem

An electric car is displayed at the stand of German carmaker Mercedes on March 3, 2015 during the press day of the Geneva Car Show in Geneva.FABRICE COFFRINI/AFP/Getty Images
An electric car is displayed at the stand of German carmaker Mercedes on March 3, 2015 during the press day of the Geneva Car Show in Geneva.FABRICE COFFRINI/AFP/Getty Images

The Norwegian capital is suffering from a problem, which may be raising discontent and dissatisfaction in other environmentally-aware cities. The problem is that Oslo’s residents are buying a lot of electric cars, so that the local government can hardly cope with them.

In fact, the Association of Electric Vehicles is seeking to discourage drivers from buying electric cars, if they do not have the capacities of charging them at home.

Peter Hogniland, a spokesman for the Electric Vehicles Association, said the local authorities did not deploy a sufficient number of charging stations to keep up with the number of the sold electric cars.

He added that the rate of newly registered electric and hybrid vehicles reached 35 percent, noting that one in three cars sold in Norway is electric. This rate hits 40 percent in Oslo. The Greater Oslo Region has witnessed the registration of over 50,000 electric cars, and 30,000 hybrid car, according to an official from the capital’s Urban Environment Agency.

Meanwhile, there are only 1,300 domestic charging stations for electric vehicles. The official said: “we are doing our best. Every year, charging stations grow to more than 26 percent, however, the number of electric vehicles has increased by more than 100 percent, and the gap is getting wider.

The Norwegian news agency explained that the main reason behind the boom of electric cars is the financial privileges provided by the government, including the suspension of the value added tax (VAT) and customs fees on the exported cars and engines. This means that the electric version of many cars is cheaper than the traditional ones with internal combustion engine (ICE).

Hogniland says: “In Norway, you pay over 250,000 Norwegian krone ($31,475) for an electric Golf car, and over 300,000 krone for a gasoline-powered Golf, and here is the difference.”

All these privileges aim at fulfilling the ambitious commitment that by 2025, all newly registered vehicles in Norway must be zero-emission vehicles.

This goal can be achieved by using the “carrot and stick” approach: the carrot takes the form of tax exemptions for those who drive electric vehicles, while the stick is the taxes and high gasoline prices for those who stick to fossil fuels.



Saudi National Cybersecurity Authority Launches Service to Verify Suspicious Links

Saudi National Cybersecurity Authority Launches Service to Verify Suspicious Links
TT

Saudi National Cybersecurity Authority Launches Service to Verify Suspicious Links

Saudi National Cybersecurity Authority Launches Service to Verify Suspicious Links

The National Cybersecurity Authority has launched the “Tahqaq” service, aimed at enabling members of the public to proactively and safely deal with circulated links and instantly verify their reliability before visiting them.

This initiative comes within the authority’s strategic programs designed to empower individuals to enhance their cybersecurity, SPA reported.

The authority noted that the “Tahqaq” service allows users to scan circulated links and helps reduce the risks associated with using and visiting suspicious links that may lead to unauthorized access to data. The service also provides cybersecurity guidance to users, mitigating emerging cyber risks and boosting cybersecurity awareness across all segments of society.

The “Tahqaq” service is offered as part of the National Portal for Cybersecurity Services (Haseen) in partnership with the authority’s technical arm, the Saudi Information Technology Company (SITE). The service is available through the unified number on WhatsApp (+966118136644), as well as via the Haseen portal website at tahqaq.haseen.gov.sa.


Saudi Arabia’s Space Sector: A Strategic Pillar of a Knowledge-Based Economy

The Kingdom is developing an integrated sovereign space system encompassing infrastructure and applications, led by national expertise - SPA
The Kingdom is developing an integrated sovereign space system encompassing infrastructure and applications, led by national expertise - SPA
TT

Saudi Arabia’s Space Sector: A Strategic Pillar of a Knowledge-Based Economy

The Kingdom is developing an integrated sovereign space system encompassing infrastructure and applications, led by national expertise - SPA
The Kingdom is developing an integrated sovereign space system encompassing infrastructure and applications, led by national expertise - SPA

Saudi Arabia is undergoing significant transformations toward an innovation-driven knowledge economy, with the space sector emerging as a crucial pillar of Saudi Vision 2030. This sector has evolved from a scientific domain into a strategic driver for economic development, focusing on investing in talent, developing infrastructure, and strengthening international partnerships.

CEO of the Saudi Space Agency Dr. Mohammed Al-Tamimi emphasized that space is a vital tool for human development. He noted that space exploration has yielded significant benefits in telecommunications, navigation, and Earth observation, with many daily technologies stemming from space research, SPA reported.

Dr. Al-Tamimi highlighted a notable shift with the private sector's entry into the space industry, which is generating new opportunities. He stressed that Saudi Arabia aims not just to participate but to lead in creating an integrated space ecosystem encompassing legislation, investment, and innovation.

He also noted the sector's role in fostering national identity among youth, key drivers of the industry. Investing in them is crucial for the Kingdom's future, focusing on creating a space sector that empowers Saudi citizens.

In alignment with international efforts, the Saudi Space Agency signed an agreement with NASA for the first Saudi satellite dedicated to studying space weather, part of the Artemis II mission under a scientific cooperation framework established in July 2024.

According to SPA, the Kingdom is developing an integrated sovereign space system encompassing infrastructure and applications, led by national expertise. This initiative is supported by strategic investments and advanced technologies within a governance framework that meets international standards. Central to this vision is the Neo Space Group, owned by the Public Investment Fund, which aims to establish Saudi Arabia as a space leader.

Saudi Arabia views space as a strategic frontier for human development. Vision 2030 transforms space into a bridge between dreams and achievements, empowering Saudi youth to shape their futures. Space represents not just data and satellites but a national journey connecting ambition with innovation.


Nvidia, Joining Big Tech Deal Spree, to License Groq Technology, Hire Executives

The Nvidia logo is seen on a graphic card package in this illustration created on August 19, 2025. (Reuters)
The Nvidia logo is seen on a graphic card package in this illustration created on August 19, 2025. (Reuters)
TT

Nvidia, Joining Big Tech Deal Spree, to License Groq Technology, Hire Executives

The Nvidia logo is seen on a graphic card package in this illustration created on August 19, 2025. (Reuters)
The Nvidia logo is seen on a graphic card package in this illustration created on August 19, 2025. (Reuters)

Nvidia has agreed to license chip technology from startup Groq and hire away its CEO, a veteran of Alphabet's Google, Groq said in a blog post on Wednesday.

The deal follows a familiar pattern in recent years where the world's biggest technology firms pay large sums in deals with promising startups to take their technology and talent but stop short of formally acquiring the target.

Groq specializes in what is known as inference, where artificial intelligence models that have already been trained respond to requests from users. While Nvidia dominates the market for training AI models, it faces much more competition in inference, where traditional rivals such as Advanced Micro Devices have aimed ‌to challenge it ‌as well as startups such as Groq and Cerebras Systems.

Nvidia ‌has ⁠agreed to a "non-exclusive" ‌license to Groq's technology, Groq said. It said its founder Jonathan Ross, who helped Google start its AI chip program, as well as Groq President Sunny Madra and other members of its engineering team, will join Nvidia.

A person close to Nvidia confirmed the licensing agreement.

Groq did not disclose financial details of the deal. CNBC reported that Nvidia had agreed to acquire Groq for $20 billion in cash, but neither Nvidia nor Groq commented on the report. Groq said in its blog post that it will continue to ⁠operate as an independent company with Simon Edwards as CEO and that its cloud business will continue operating.

In similar recent deals, Microsoft's ‌top AI executive came through a $650 million deal with a startup ‍that was billed as a licensing fee, and ‍Meta spent $15 billion to hire Scale AI's CEO without acquiring the entire firm. Amazon hired ‍away founders from Adept AI, and Nvidia did a similar deal this year. The deals have faced scrutiny by regulators, though none has yet been unwound.

"Antitrust would seem to be the primary risk here, though structuring the deal as a non-exclusive license may keep the fiction of competition alive (even as Groq’s leadership and, we would presume, technical talent move over to Nvidia)," Bernstein analyst Stacy Rasgon wrote in a note to clients on Wednesday after Groq's announcement. And Nvidia CEO Jensen Huang's "relationship with ⁠the Trump administration appears among the strongest of the key US tech companies."

Groq more than doubled its valuation to $6.9 billion from $2.8 billion in August last year, following a $750 million funding round in September.

Groq is one of a number of upstarts that do not use external high-bandwidth memory chips, freeing them from the memory crunch affecting the global chip industry. The approach, which uses a form of on-chip memory called SRAM, helps speed up interactions with chatbots and other AI models but also limits the size of the model that can be served.

Groq's primary rival in the approach is Cerebras Systems, which Reuters this month reported plans to go public as soon as next year. Groq and Cerebras have signed large deals in the Middle East.

Nvidia's Huang spent much of his biggest keynote speech of 2025 arguing that ‌Nvidia would be able to maintain its lead as AI markets shift from training to inference.