Tactical military vehicles are about to get an electric upgrade. GM Defense, a business unit of General Motors focusing on advanced defense mobility needs, was selected by the Defense Innovation Unit (DIU) to develop a battery pack that can be used for functional electric military vehicles.
The need to reduce our reliance on fossil fuels and transition to clean energy alternatives is becoming more evident as unpredictable weather events, including extreme heat, droughts, floods, hurricanes, etc., continue to intensify across the globe.
When these events happen, it directly affects the Department of Defense, which includes the US Army, Navy, Marines, and Air Force. The government agency is tasked with providing national security, including from the results of climate change.
Former US Secretary of Defense Chuck Hagel called climate change a “threat multiplayer” as it can “exacerbate” other issues, such as infectious diseases that can impact operations.
The Department of Defense looked at how climate change has impacted its department so far, giving several examples of why something needs to be done. For example:
Hurricane Michael, a category five hurricane, destroyed at least half of the buildings at Tyndall Air Force Base near Panama City, Florida.
Naval Station Norfolk in Virginia, the world’s largest naval base, is threatened by rising ocean levels. Since the 1920s, water in the bay has increased by around a foot and a half, and during high tide, the water almost breaches containment walls.
The Missouri River flood in 2019 swallowed up about a third of the US Strategic Command base at the Offutt Air Force in Nebraska, costing over $500 million.
These are just a few recent examples of how climate change has impacted the DOD. As a result, the Agency devised an action plan, including a climate strategy for each of its divisions, the US Army, Navy, and Air Force.
One of the primary focuses of the campaign is introducing functional military electric vehicles. The Defense Innovation Unit, a division of the DOD aimed at accelerating advanced technology use throughout the military, announced Thursday it had chosen GM’s Ultium Platform to test and analyze for tactical electric vehicles.
GM Defense CEO Steve DuMont stands aside the All-Electric Military Concept Vehicle at its Concord, NC production facility. Source: GM Defense
DOD testing GMs Ultium Platform for electric military vehicles
The DOD released a Climate Adaptation Progress Report, labeling climate change as a “national security issue.” The Agency says its military departments are “taking bold steps to accelerate climate adaption,” including using military electric vehicles to reduce greenhouse gas emissions.
In July, the US Army selected GM defense to demonstrate an electric vehicle for the military, so it provided the GMC Hummer EV pickup.
The Agency is now moving forward with its strategy, awarding GM Defense to build a heavy-duty battery pack to power electric military vehicles in its fight against climate change. GM Defense president, Steve DuMont, states:
Commercial battery electric technologies continue to mature. GM Defense offers a unique advantage with our ability to leverage proven commercial capabilities and the billions in GM investments in electric vehicle and autonomous vehicle technologies in order to help provide our customers with the most advanced capabilities the commercial market can offer.
GM says it will use its advanced Ultium Platform – its electric vehicle architecture – to meet the standards.
GM believes the Ultium Platform can “deliver power, range, and scale beyond and previous GM hybrid or extended range EV.” The EV platform is scalable, with battery options ranging from 50 kWh to over 200 kWh and space for up to 24 modules.
The automaker’s scalable EV platform allows modules to lay flat (for performance vehicles) or vertical for heavy-duty EVs, making it a good choice for US electric military vehicles.
Electrek’s Take
Electric vehicles taking over the battlefield is only a matter of time. As battery technology like GM’s Ultium Platform advances, it enables longer travel distances, more power, and better performance.
Most importantly, electric vehicles are quieter, more powerful, can accelerate faster, and are technologically superior, making them the perfect choice for the military.
The US Army and Navy are aiming for net-zero emissions by 2050, while the Air Force is committing to 2046. Electric vehicles will likely play a critical role in the military as they look to achieve these objectives.
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Verge Motorcycles just took the wraps off the next evolution of its flagship Verge TS Pro electric motorcycle at the EICMA motorcycle show in Milan, revealing a dramatically upgraded version of its best-selling model. And we’re here to see it firsthand.
The Verge TS Pro first hit the scene in 2022 as a futuristic, hubless-wheeled electric motorcycle packed with power and sleek styling. Now, the company is doubling down with a lighter, more refined, and more powerful version of the TS Pro that improves nearly every aspect of the bike’s design and performance.
At the heart of the upgrade is Verge’s eye-catching hubless Donut Motor 2.0. The patented motor still pumps out a massive 1,000 Nm of torque, but now weighs 50% less, contributing to a total motorcycle weight of 507 lbs (230 kg). That power translates to a 0–60 mph (0-96 km/h) time of 3.5 seconds.
Alongside the motor upgrade, Verge added a new 20.2 kWh battery that delivers up to 217 miles (350 km) of range and supports ultra-fast charging, adding 60 miles (96 km) of range in just 15 minutes. Verge says full charging takes under 35 minutes, and the bike now supports CCS fast charging in Europe and NACS in the US.
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Verge also introduced a series of rider-focused upgrades. The TS Pro now sports larger displays, an improved user interface, and better Bluetooth connectivity through its Verge HMI system. The riding posture has been made more ergonomic with a 25-degree angle adjustment, while suspension and damping tweaks promise a smoother ride.
Software takes center stage with the inclusion of Verge’s Starmatter platform, first launched in 2023. Starmatter combines AI, sensors, and OTA updates to tailor each ride and future-proof the bike for new features, no wrenching required.
The updated Verge TS Pro is available for reservation now via Verge’s website and US showrooms, with test rides starting in early 2026. Pricing information to be updated soon.
Electrek’s Take
Verge’s first hubless electric motorcycle took the internet by storm and launched a new style of design. Now the company is showing that its playbook of electric motorcycle innovation is still alive and well. Between the hubless motor tech, blazing-fast charging, and tech-forward design, the TS Pro feels both futuristic and realistic. Sure, it’s still limited in highway range like all electric motorcycles, but for mixed riding, that 20+ kWh pack is going to help alleviate range anxiety – and is twice as large as the pack in my LiveWire, for example.
This is one I’ll definitely be keeping an eye on.
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On the one hand, the move isn’t too surprising — a continuation of OpenAI’s spending spree as it looks to secure resources to run its power-hungry artificial intelligence models.
On the other, OpenAI’s turn to Amazon shows that the firm is diversifying from its reliance on Microsoft, which had been its exclusive cloud services provider until this year. That could suggest OpenAI is getting ready for an initial public offering as it looks to signal “both independence and operational maturity,” as CNBC’s MacKenzie Sigalos writes.
Amazon shares surged on the news to close at a record high. Nvidia also had a positive day after Microsoft announced it was granted a license by the U.S. government to export the AI darling’s chips to the United Arab Emirates.
While Big Tech is attracting investor interest, the rest of the market has been rather lackluster.
As fiscal pressures deepen from aging populations and pandemic-era debt, governments are increasingly tapping into a tempting source of capital: citizens’ retirement savings.
The trouble starts when governments interfere and tell funds to invest too much at home, which breaks the delicate balance that fund managers have calculated between risk and reward, said Sébastien Betermier, executive director at the International Centre for Pension Management.
The BP logo is displayed on a petrol tanker delivering fuel at a petrol station in Shepton Mallet on October 20, 2025 in Somerset, England.
Anna Barclay | Getty Images News | Getty Images
British oil giant BP on Tuesday reported stronger-than-expected third-quarter profit as higher crude and gas production outweighed a weak oil trading result.
The London-listed oil and gas major posted underlying replacement cost profit, used as a proxy for net profit, of $2.21 billion for July-September period. That beat analyst expectations of $2.03 billion, according to an LSEG-compiled consensus.
BP’s third-quarter net profit came in at $2.3 billion last year and $2.35 billion in the second quarter of 2025.
“We’ve delivered another quarter of good performance across the business with operations continuing to run well,” BP CEO Murray Auchincloss said in a statement.
“We are looking to accelerate delivery of our plans, including undertaking a thorough review of our portfolio to drive simplification and targeting further improvements in cost performance and efficiency,” Auchincloss said.
The oil major’s third-quarter net debt came in at $26.05 billion, broadly flat from the previous quarter, although up from $24.27 billion a year earlier.
London-listed shares of BP rose 0.5% on Tuesday morning.
Some other third-quarter highlights included:
Operating cash flow came in at $7.8 billion, up from $6.3 billion three months ago.
BP said it expects divestment and other proceeds to be above $4 billion in 2025.
BP also announced another $750 million in share buybacks over the next three months, maintaining the pace of its shareholder returns, albeit at a reduced level from earlier in the year.
BP, which has been the subject of intense takeover speculation, is looking to regain investor confidence by slashing renewable spending and prioritizing its traditional oil and gas business.
Investors appear to have broadly welcomed the oil and gas major’s green strategy U-turn, with share prices up more than 13% year-to-date. The improving sentiment has also been attributed to the firm’s leadership shake-up, progress on its cost-cutting program and a string of recent oil discoveries.
BP on Monday announced it had agreed to sell minority stakes in some of its U.S. onshore pipeline assets in the Permian and Eagle Ford basins to private investor Sixth Street for $1.5 billion. BP has previously said it is targeting $20 billion in divestments by the end of 2027.
Last week, British rival Shell reported stronger-than-expected third-quarter profit, citing robust operational performance and higher trading contributions.